April 13, 2021
Cartier Signs Definitive Agreements with SOQUEM and Owns 100% of the Fenton Property
Following its press release of February 23, 2021, Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces the execution of a definitive agreements with SOQUEM Inc. (“SOQUEM”) in connection with the acquisition by Cartier of all the rights and interests of SOQUEM (i.e. 50%) in a group of 14 mining claims located 50 km southwest of Chapais in consideration for a purchase price of $700,000 payable as follows: (a) an amount of $300,000 in cash and (b) the issuance of 1,261,431 common shares of Cartier.
April 8, 2021
Industrial Sorting Tests increase by 170 % the Grade of the Mineralisation of the Chimo Mine Property
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces the results industrial sorting tests of mineralisation representative for the Chimo Mine property, located 45 km east of Val-d'Or. The tests were carried out by two laboratories: Corem in Quebec (Canada) and Steinert US in Kentucky (USA).
March 23, 2021
Cartier Increases Gold Resources at Mine Chimo Property to 684,000 oz Indicated and to 1,358,000 oz Inferred
Highlights : The new resource estimate consists of (FIGURE) : 6,616,000 tonnes at an average grade of 3.21 g/t Au for a total of 684,000 ounces of gold in the Indicated category and; 15,240,000 tonnes at an average grade of 2.77 g/t Au for a total of 1,358,000 ounces of gold in the Inferred category. The resource estimate is constrained using DSO “ Deswik Stope Optimizer ” with a cut-off grade of 2.0 g/t Au for the North and South Gold Corridors and 1.5 g/t Au for the Central Gold Corridor and using a price of gold of USD 1,612 US / oz.
February 23, 2021
Cartier Signs Letter of Agreement with SOQUEM to Own 100% of the Fenton Property
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces the execution of a binding letter of agreement with SOQUEM Inc. (“SOQUEM”) for the acquisition by Cartier of all the rights and interests of SOQUEM (i.e. 50%) in a group of 14 mining claims located 50 km southwest of Chapais. These claims are currently held under a 50-50 joint venture. The acquisition is made for a purchase price of $700,000 payable as follows: (a) an amount of $300,000 in cash and (b) an amount of $400,000 represented by the issuance of common shares of Cartier at a price per share equal to the volume weighted average price (VWAP) for a period of five (5) trading days prior to the closing date of the transaction.
January 29, 2021
Cartier Files NI 43-101 Technical Report on SEDAR for Resource Estimate of the Pusticamica Gold Deposit on the Benoist Property
Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces that it has filed on SEDAR the technical report titled " NI 43-101 Technical Report and Mineral Resource Estimate for the Benoist Property, Québec, Canada ", bearing the date of signature of the January 28th 2021.
January 21, 2021
Cartier Launches 30,000 m Diamond Drill Program on the Benoist Property
Cartier Resources Inc. (TSX-V: ECR) ("Cartier") announces that it has commenced drilling on the Benoist Property, located 65 km northeast of Lebel-sur-Quévillon in the province of Québec. The program follows the maiden NI 43-101 Resource Estimate published December 17th 2020 (FIGURE). Two drill rigs with directional drilling crews will be employed to complete the four-phase program for a total of roughly 30,000 m.