Cartier Resources retains strategic Net Smelter Return (NSR) royalties on two properties with future production potential. These royalties provide long-term exposure to resource development without requiring ongoing capital expenditures.
Dollier Project
- Deposit: Hosts the Dollier gold deposit, partially outlined by over 40 diamond drill holes and trenching programs.
- Operator: 100% interest earned by Delta Resources Ltd. (TSXV: DLTA)
- Royalty:
- 2.0% NSR retained by Cartier
- 1.0% NSR redeemable for $2,000,000 CAD
- Remaining 1.0% NSR redeemable for $15,000,000 CAD
Rivière Doré Project
- Deposit: Hosts copper-nickel magmatic sulphide mineralization, prospective for base metals.
- Operator: 100% interest currently held by SOQUEM, Quebec’s leading exploration corporation
- Royalty:
- Cartier holds a 1.0% NSR on the property