June 23, 2016
Cartier Gains from Market Rise
Val-d’Or, June 23, 2016 – Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce that the progressive rise in the mining industry markets has generated opportunities to complete joint venture agreements that will develop the potential of its key projects.
The five (5) key projects, on which certain have historical resource estimates, are all drill-ready with targets bearing the same signature as that of the deposits that have been outlined on each project.
The company has over $1.5M in cash of which half will be invested in exploration field work over the next months.
« Many companies have expressed an interest in these key projects and several negotiations are in progress» commented Philippe Cloutier, President and CEO, adding « We are confident that we will conclude win-win deals in the next months».
Quality Assurance / Quality Control
The scientific and/or technical information presented in this press release has been reviewed and approved by Mr. Gaétan Lavallière, P. Geo., Ph. D., and Vice President for Cartier. Mr. Lavallière is a qualified person as defined by National Instrument 43-101.
For more information, please contact :
Philippe Cloutier, P.Geo., President and CEO
Telephone : (819) 856-0512
Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.