
Cartier’s flagship project: Cartier’s drilling to date on the Chimo Mine Property consists of 124 holes totaling 58,054 m and 21,867 samples collected for gold analysis.
The most recent Mineral Resource Estimate1 consists of (FIGURE) (43-101 filed on SEDAR May 7th 2021):
- 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.
1: The estimate, completed and made available on the effective date of March 22, 2021, was carried out by Ms. Christine Beausoleil, P. Geo. of InnovExplo Inc., an independent qualified person within the meaning of NI 43-101.
- Highlights
- Documents
- Photos
-
UPDATE in progress : MAY 17th, 2021
Project
Chimo Mine
Status
Exploration drilling to delineate extensions of several gold zones of the property and explore the potential to discover new gold zones
Commodity
Au
Location
50 km SE of Val-d’Or, Qc (Figure 1)
NTS map sheet 32C03
Vauquelin Township
Latitude: 48°00’42’’ N (5 320 038 UTM N)
Longitude: 77°15’10’’ W (331 995 UTM E)Mining titles
The property consists of 12 contiguous claims (Figure 2) covering an area of 334 hectares.
Property rights
The property is held 100% by Cartier Resources Inc.
Royalties
IamGold : 1% NSR applicable to all mining titles constituting the property.
Key points
The new resource estimate1 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.
1: The estimate, completed and made available on the effective date of March 22, 2021, was carried out by Ms. Christine Beausoleil, P. Geo. of InnovExplo Inc., an independent qualified person within the meaning of NI 43-101.
- The results of recent work, that add value to the resources, include :
- The industrial sorting tests of the mineralization allowed to produce a concentrate representing more than 50% of the mass of the original material with a percentage increase of 170% of the gold content compared to the feed of the sorter. The increase in the content of the preconcentrated material, preceding the machining operations, favors:
- Increase the recovery rate at the mill;
- Reduce transport costs to the mill as well as the milling costs;
- Reduce the environmental cost of restoration of mine tailings;
- Reduce the environmental footprint of mine tailings and consequently increase the social acceptability of mining project.
- The study on the hoisting capacities of the shaft of the Chimo Mine property reveals that the components of the internal structure of the shaft could allow hoisting of 4,921 mt / day, i.e. 1.7M mt / The hoisting capacity could be increased to 6,151 mt / day (2.2 M mt / year) by replacing the guides in place with steel guides.
- Ongoing internal engineering studies, developing and producing the design of optimal mining scenarios to minimize costs and recover the most ounce of gold possible, are progressing in line with the results described above.
The potential to increase the resources below and peripheral to the 27 gold zones on the property (FIGURE) remain good
- Cartier holds a 100% interest in the property for which a 1% NSR (“Net Smelter Return”) royalty has been granted to IAMGOLD Corporation. There is no right of first refusal.
- The property, accessible year-round, is located near many ore processing mills in the Val-d’Or area.
- Fourteen gold zones were exploited by three producers between 1964 and 1997 for a production of 379 012 ounces of gold.
- The mining infrastructure consists of a network of drifts over 7 km, distributed over 19 levels and connected by a 5.5 m x 1.8 m three-compartment shaft for a depth of 920 m. The headframe and surface installations were dismantled in 2008, but the 25 kV power line and sandpit are still in place.
- The study on the hoisting capacities of the shaft of the Chimo Mine property reveals that the components of the internal structure of the shaft could allow hoisting with elongated 20metric tons (mt) “skips”, 4,921 mt / day at the rate of 10 hours of hoisting operation per 24- hour day, i.e. 1.7 M mt / year. The hoisting capacity in 10 hours of operation / 24 hours, could be increased to 6,151 t / d (2.2 M mt / year) with “skips”’ of 25 mt and to 7,381 mt / d (2.6 M mt / year) with “skips” of 30 tm; all mainly by replacing the guides in place with steel guides.
- Cartier’s drilling to date on the Chimo Mine Property consists of 124 holes totalling 58,054 m and 21,867 samples collected for gold analysis.
-
Main results
- Figure 5 - Idealized Level 3 Plan View Download
- Figure 6 - Idealized 600E Cross Section Download
- Figure 1 - Property Location Download
- Figure 2. Claims Map Download
- Figure 3 - Geological Context Download
- Figure 4 - Geophysical Context Download
- Figure 7 - 1A Zone Longitudinal Section 215 S Download
- Figure 8 - 1B Zone Longitudinal Section 250S Download
- Figure 9 - 2 Zone Longitudinal Section 280S Download
- Figure 10 - 3 Zone Longitudinal Section 280S Download
- Figure 11 - 4 Zone Longitudinal Section 360S Download
- Figure 12 - 4B Zone Longitudinal Section 365S Download
- Figure 13 - 5N1 Zone Longitudinal Section 400S Download
- Figure 14 - 5N Zone Longitudinal Section 390S Download
- Figure 15 - 5M Zone Longitudinal Section 400S Download
- Figure 16 - 5M2 Zone Longitudinal Section 300S Download
- Figure 17 - 5B Zone Longitudinal Section 435S Download
- Figure 18 - 5BS Zone Longitudinal Section 390S Download
- Figure 19 - 6N1 Zone Longitudinal Section 640S Download
- Figure 20 - 6 Zone Longitudinal Section 730S Download
- Figure 21 - 6B Zone Longitudinal Section 710S Download
- Figure 22 - 6C Zone Longitudinal Section 750S Download
- Figure 23 - 6P Zone Longitudinal Section 790S Download
- Figure 24 - 6P2 Zone Longitudinal Section 830S Download
- Figure 25 - East Bloc Chimo Mine Download
- Picture 1 - Chimo Gold Mine Infrastructures Download
- Picture 2 - Mineralisation Type I Download
- Picture 3 - Mineralisation Type II Download
- Picture 4 - Mineralisation Type III Download
- Samples to determine the geophysical characteristics of the Mineralisation Download
- Physical Properties Chimo Mine Download
- Gold mineralization Download
- Gold mineralization Download
- Gold mineralization Download
- Gold mineralization Download
- PR_Longitudinal Section 5M Zone Drilling Targets Download
- Figure 1. Gold Structures 2 and 3 Download
- Figure 2. Gold Structures 4B and 5M Download
- Chimo Mine_Table_2017 DDH Download
- 2016-17 Drilling Program Download
- Drill Target Longitudinal Section 5M Structure Oct. 2017 Download
- Drill Results Longitudinal Section 5M Structure Oct. 2017 Download
- Nov 2017 Communiqué Mine Chimo 5N Download
- Communiqué Mine Chimo 2B 16 nov. 2017 Download
- Photo CH17-16 Download
- Communiqué_18 janvier 2018_Mine Chimo_2B Download
- Communiqué_18 janvier 2018_Mine Chimo_4E Download
- February 2018 Presse release Chimo Mine 5M and 5N Zones Download
- Cross sections CH17-46 and 47(18 holes) Download
- Longitudinal Section 5M CH17-46 and 47 Download
- Plan View CH17-46 and 47 Download
- 2018 March Presse Release Mine Chimo Zone 3 Download
- March 20, 2018 Presse Release 5 Zones Cluster Download
- March 27, 2018 Presse Release 5 Zones Cluster Download
- 6P2 Download
- Longitudinal Section 5M Structure Mai 2018 Download
- Cross section CH17-46 Mai 2018 Download
- Cross section CH17-47 Mai 2018 Download
- Plan View CH17-46 and 47 Mai 2018 Download
- Communiqué_Mine Chimo_5 Zones Cluster_FIG Download
- Communiqué_Mine Chimo_6C_28 Juin 2018 Download
- 180828_PR_Figure Download
- 180803-1_Phase II Drill Hole Location Map Download
- 180830-2_Plan Map_Deep Holes_CH17-46&47 Download
- 180830-3_Cross Section Hole CH17-46 Download
- 180830-4_Cross Section Hole CH17-47 Download
- 180830-5_Longitudinal Section_5M Structure Download
- 180830-6_Longitudinal Section_6N1 Structure Download
- 180913_CH17-46&47_Gold Zone Delineation_Zones 5 Download
- 180919_Ext_Zones 5_Figure Download
- 181009_CP_Zone 6N1 Download
- 181025_PR_Zones 5 Download
- 181112_PR_Zones 5 Download
- 181127_6N1_Figure Download
- 181211_Zones 5 Download
- 190115_Zones 5M4-5NE Download
- 190116_PR_Figure_5M4-5NE_IIROC Download
- 190129_PR_Figure_Zone 6N1 Download
- 190212_Zones 5NE-5M4 Download
- 190227_Zone 5M4 Download
- 190314_Phase III_Table Download
- 190326_Zone 6N1 Download
- 190514_Zone 3E_FIGURE Download
- 190528_Zone 6_FIGURE Download
- 190612_Zones 5M4-5NE_Figure Download
- 1906_5M4_5NE_v43-101 Download
- 191105_Figure-Plan view Download
- 191105_Figure RE Download
- 191218_43-101-RE Central Corridor_Chimo Mine Download
- 200407_FIGURE 1_5B4-5M4-5NE_Chimo Mine Download
- 200505_FIGURE Download
- 200521_5B4-5M4-5NE_FIGURE Download
- 200528_5B4-5M4-5NE_FIGURE Download
- 200617_43-101_North, Central and South Gold Corridors Download
- 200825_5B4-5M4-5NE-5CE_FIGURE Download
- 210408_Steinert_Ore Sorting Report Download
- 210408_COREM_Ore Sorting Report Download
Other documents
- 3D Model - September 25th 2013 (For assistance in visualization of the 3D model, contact us !) Download
- Chimo Mine project presentation Download
- Factsheet project Chimo Mine Download
Externals documents
- Chimo mine project video See
Highlights
UPDATE in progress : MAY 17th, 2021
Project
Chimo Mine
Status
Exploration drilling to delineate extensions of several gold zones of the property and explore the potential to discover new gold zones
Commodity
Au
Location
50 km SE of Val-d’Or, Qc (Figure 1)
NTS map sheet 32C03
Vauquelin Township
Latitude: 48°00’42’’ N (5 320 038 UTM N)
Longitude: 77°15’10’’ W (331 995 UTM E)
Mining titles
The property consists of 12 contiguous claims (Figure 2) covering an area of 334 hectares.
Property rights
The property is held 100% by Cartier Resources Inc.
Royalties
IamGold : 1% NSR applicable to all mining titles constituting the property.
Key points
The new resource estimate1 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.
1: The estimate, completed and made available on the effective date of March 22, 2021, was carried out by Ms. Christine Beausoleil, P. Geo. of InnovExplo Inc., an independent qualified person within the meaning of NI 43-101.
- The results of recent work, that add value to the resources, include :
- The industrial sorting tests of the mineralization allowed to produce a concentrate representing more than 50% of the mass of the original material with a percentage increase of 170% of the gold content compared to the feed of the sorter. The increase in the content of the preconcentrated material, preceding the machining operations, favors:
- Increase the recovery rate at the mill;
- Reduce transport costs to the mill as well as the milling costs;
- Reduce the environmental cost of restoration of mine tailings;
- Reduce the environmental footprint of mine tailings and consequently increase the social acceptability of mining project.
- The study on the hoisting capacities of the shaft of the Chimo Mine property reveals that the components of the internal structure of the shaft could allow hoisting of 4,921 mt / day, i.e. 1.7M mt / The hoisting capacity could be increased to 6,151 mt / day (2.2 M mt / year) by replacing the guides in place with steel guides.
- Ongoing internal engineering studies, developing and producing the design of optimal mining scenarios to minimize costs and recover the most ounce of gold possible, are progressing in line with the results described above.
The potential to increase the resources below and peripheral to the 27 gold zones on the property (FIGURE) remain good
- Cartier holds a 100% interest in the property for which a 1% NSR (“Net Smelter Return”) royalty has been granted to IAMGOLD Corporation. There is no right of first refusal.
- The property, accessible year-round, is located near many ore processing mills in the Val-d’Or area.
- Fourteen gold zones were exploited by three producers between 1964 and 1997 for a production of 379 012 ounces of gold.
- The mining infrastructure consists of a network of drifts over 7 km, distributed over 19 levels and connected by a 5.5 m x 1.8 m three-compartment shaft for a depth of 920 m. The headframe and surface installations were dismantled in 2008, but the 25 kV power line and sandpit are still in place.
- The study on the hoisting capacities of the shaft of the Chimo Mine property reveals that the components of the internal structure of the shaft could allow hoisting with elongated 20metric tons (mt) “skips”, 4,921 mt / day at the rate of 10 hours of hoisting operation per 24- hour day, i.e. 1.7 M mt / year. The hoisting capacity in 10 hours of operation / 24 hours, could be increased to 6,151 t / d (2.2 M mt / year) with “skips”’ of 25 mt and to 7,381 mt / d (2.6 M mt / year) with “skips” of 30 tm; all mainly by replacing the guides in place with steel guides.
- Cartier’s drilling to date on the Chimo Mine Property consists of 124 holes totalling 58,054 m and 21,867 samples collected for gold analysis.
Documents
Main results
- Figure 5 - Idealized Level 3 Plan View Download
- Figure 6 - Idealized 600E Cross Section Download
- Figure 1 - Property Location Download
- Figure 2. Claims Map Download
- Figure 3 - Geological Context Download
- Figure 4 - Geophysical Context Download
- Figure 7 - 1A Zone Longitudinal Section 215 S Download
- Figure 8 - 1B Zone Longitudinal Section 250S Download
- Figure 9 - 2 Zone Longitudinal Section 280S Download
- Figure 10 - 3 Zone Longitudinal Section 280S Download
- Figure 11 - 4 Zone Longitudinal Section 360S Download
- Figure 12 - 4B Zone Longitudinal Section 365S Download
- Figure 13 - 5N1 Zone Longitudinal Section 400S Download
- Figure 14 - 5N Zone Longitudinal Section 390S Download
- Figure 15 - 5M Zone Longitudinal Section 400S Download
- Figure 16 - 5M2 Zone Longitudinal Section 300S Download
- Figure 17 - 5B Zone Longitudinal Section 435S Download
- Figure 18 - 5BS Zone Longitudinal Section 390S Download
- Figure 19 - 6N1 Zone Longitudinal Section 640S Download
- Figure 20 - 6 Zone Longitudinal Section 730S Download
- Figure 21 - 6B Zone Longitudinal Section 710S Download
- Figure 22 - 6C Zone Longitudinal Section 750S Download
- Figure 23 - 6P Zone Longitudinal Section 790S Download
- Figure 24 - 6P2 Zone Longitudinal Section 830S Download
- Figure 25 - East Bloc Chimo Mine Download
- Picture 1 - Chimo Gold Mine Infrastructures Download
- Picture 2 - Mineralisation Type I Download
- Picture 3 - Mineralisation Type II Download
- Picture 4 - Mineralisation Type III Download
- Samples to determine the geophysical characteristics of the Mineralisation Download
- Physical Properties Chimo Mine Download
- Gold mineralization Download
- Gold mineralization Download
- Gold mineralization Download
- Gold mineralization Download
- PR_Longitudinal Section 5M Zone Drilling Targets Download
- Figure 1. Gold Structures 2 and 3 Download
- Figure 2. Gold Structures 4B and 5M Download
- Chimo Mine_Table_2017 DDH Download
- 2016-17 Drilling Program Download
- Drill Target Longitudinal Section 5M Structure Oct. 2017 Download
- Drill Results Longitudinal Section 5M Structure Oct. 2017 Download
- Nov 2017 Communiqué Mine Chimo 5N Download
- Communiqué Mine Chimo 2B 16 nov. 2017 Download
- Photo CH17-16 Download
- Communiqué_18 janvier 2018_Mine Chimo_2B Download
- Communiqué_18 janvier 2018_Mine Chimo_4E Download
- February 2018 Presse release Chimo Mine 5M and 5N Zones Download
- Cross sections CH17-46 and 47(18 holes) Download
- Longitudinal Section 5M CH17-46 and 47 Download
- Plan View CH17-46 and 47 Download
- 2018 March Presse Release Mine Chimo Zone 3 Download
- March 20, 2018 Presse Release 5 Zones Cluster Download
- March 27, 2018 Presse Release 5 Zones Cluster Download
- 6P2 Download
- Longitudinal Section 5M Structure Mai 2018 Download
- Cross section CH17-46 Mai 2018 Download
- Cross section CH17-47 Mai 2018 Download
- Plan View CH17-46 and 47 Mai 2018 Download
- Communiqué_Mine Chimo_5 Zones Cluster_FIG Download
- Communiqué_Mine Chimo_6C_28 Juin 2018 Download
- 180828_PR_Figure Download
- 180803-1_Phase II Drill Hole Location Map Download
- 180830-2_Plan Map_Deep Holes_CH17-46&47 Download
- 180830-3_Cross Section Hole CH17-46 Download
- 180830-4_Cross Section Hole CH17-47 Download
- 180830-5_Longitudinal Section_5M Structure Download
- 180830-6_Longitudinal Section_6N1 Structure Download
- 180913_CH17-46&47_Gold Zone Delineation_Zones 5 Download
- 180919_Ext_Zones 5_Figure Download
- 181009_CP_Zone 6N1 Download
- 181025_PR_Zones 5 Download
- 181112_PR_Zones 5 Download
- 181127_6N1_Figure Download
- 181211_Zones 5 Download
- 190115_Zones 5M4-5NE Download
- 190116_PR_Figure_5M4-5NE_IIROC Download
- 190129_PR_Figure_Zone 6N1 Download
- 190212_Zones 5NE-5M4 Download
- 190227_Zone 5M4 Download
- 190314_Phase III_Table Download
- 190326_Zone 6N1 Download
- 190514_Zone 3E_FIGURE Download
- 190528_Zone 6_FIGURE Download
- 190612_Zones 5M4-5NE_Figure Download
- 1906_5M4_5NE_v43-101 Download
- 191105_Figure-Plan view Download
- 191105_Figure RE Download
- 191218_43-101-RE Central Corridor_Chimo Mine Download
- 200407_FIGURE 1_5B4-5M4-5NE_Chimo Mine Download
- 200505_FIGURE Download
- 200521_5B4-5M4-5NE_FIGURE Download
- 200528_5B4-5M4-5NE_FIGURE Download
- 200617_43-101_North, Central and South Gold Corridors Download
- 200825_5B4-5M4-5NE-5CE_FIGURE Download
- 210408_Steinert_Ore Sorting Report Download
- 210408_COREM_Ore Sorting Report Download
Other documents
- 3D Model - September 25th 2013 (For assistance in visualization of the 3D model, contact us !) Download
- Chimo Mine project presentation Download
- Factsheet project Chimo Mine Download
Externals documents
- Chimo mine project video See