August 30, 2022
Cartier Increases Resources of Chimo Mine Project to 720,000 oz Indicated and to 1,633,000 oz Inferred
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces the results of its fourth mineral resource estimate for the Chimo Mine Gold System, located 45 km east of Val-d’Or. The estimate, completed and made available on the effective date of August 22, 2022, was carried out by MM. Vincent Nadeau-Benoit, P.Geo., and Alain Carrier, P.Geo., M.Sc. from the firm InnovExplo Inc.; Independent Qualified Persons within the meaning of NI 43-101.
August 16, 2022
Cartier Launches 25,000 Meter Drill Program at Chimo Mine Project
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces the launch of the fourth phase of drilling at the Chimo Mine Project, located 45 km east of Val-d’Or. This program, planned with 2 drills over a period of 13 months, consists of 25,000 m of controlled directional drilling. The program aims at increasing the resources of the Chimo Mine Project and the Nordeau Ouest deposit, as well as the potential to discover new gold zones (FIGURE 1).
June 2, 2022
Cartier Awards NI 43-101 Resource Estimate for Nordeau West Deposit
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) has awarded to InnovExplo Inc. (“InnovExplo”) the mandate to estimate the gold resources of the Nordeau West deposit located 450 m east of the Chimo Mine property and prepare a technical report in accordance with NI 43-101. The Chimo Mine property and contiguous East Cadillac property, containing the Nordeau West deposit, whose interests are 100% owned by Cartier, are located 45 km east of Val-d’Or situated along the Cadillac-Larder Lake Fault.
May 31, 2022
Cartier Resources Inc. Announces AGM Election Results
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces that at its annual general meeting held on May 31st, 2022 the following individuals were elected as directors of Cartier
May 23, 2022
Cartier Closes Private Placement Financing
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces that it has closed its previously announced private placement (the “Private Placement”) for aggregate gross proceeds of $1,820,000. A total of 14,000,000 units (the “Units”) of Cartier were issued at a price of $0.13 per Unit. Each Unit consisted of one (1) common share of Cartier (a “Common Share”) and one half (0.5) Common Share purchase warrant, each whole warrant entitling the holder to subscribe for one (1) Common Share at a price of $0.16 for a period of thirty-six (36) months following the closing date of the Private Placement. Agnico Eagle now owns approximately 17.7% of the issued and outstanding Common Shares on a non-diluted basis and 19.7% of the issued and outstanding Common Shares on a partially-diluted basis.
May 19, 2022
Cartier Announces Private Placement Financing
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) is pleased to announce that Agnico Eagle Mines Limited (“Agnico Eagle”), in connection with its participation right under the Investor Rights Agreement dated December 22, 2016 between Cartier and Agnico Eagle, has entered into a subscription agreement for a non-brokered private placement (the “Private Placement”) whereby Agnico Eagle will subscribe for 14,000,000 units (the “Units”) of Cartier at a price of $0.13 per Unit, with each Unit consisting of one (1) common share of Cartier (a “Common Share”) and one half (0.5) Common Share purchase warrant, each whole warrant entitling the holder to subscribe for one (1) Common Share at a price of $0.16 for a period of thirty-six (36) months following the closing date of the Private Placement. At closing of the Private Placement, Agnico Eagle is expected to own approximately 17.7% of the issued and outstanding Common Shares on a non-diluted basis and 19.7% of the issued and outstanding Common Shares on a partially-diluted basis, after giving effect to the Private Placement.
April 8, 2022
Cartier Signs Share Purchase Agreement With O3 Mining
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce the execution of a definitive share purchase agreement with O3 Mining Inc. (“O3 Mining”) for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines (Quebec) Inc. (“Chalice Quebec”), a wholly-owned subsidiary of O3 Mining, which owns a 100% interest in the East Cadillac property contiguous with Cartier’s Chimo Mine property in the Val-d’Or Gold Camp, Quebec, Canada, (the “Transaction”).
February 28, 2022
Cartier Signs Non-Binding LOI With O3 Mining to Acquire 100% of Chalice Gold Mines (Quebec) Inc.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce the execution of a non-binding letter of intent (the “LOI”) for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines (Québec) Inc., a wholly-owned subsidiary of O3 Mining which owns a 100% interest in the East Cadillac property contiguous with Cartier’s Chimo Mine property in the Val-d’Or Gold Camp, Quebec, Canada (the “Transaction”).
January 18, 2022
Cartier Cuts 27.4 g/t Au over 8.0 m on the Fenton Property
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce high grade channel sampling results from the 2021 exploration program at the 100 % owned Fenton gold property located 50 km southwest of Chapais, Quebec, Canada