• TSX-V:ECR 0.08 (0)
  • Volume 427500

Work in progress


As of July 13th 2023:

Highlights :


  • Fourth phase, 25,000 m drill program at the Chimo Mine Gold System (FIGURE 1) which includes the recent acquisition of the Nordeau West deposit completed;


  • NI 43-101 Resource Estimate completed for Chimo Mine and West Nordeau deposit, situated 450 m from the Chimo Mine Project NI 43-1011 resources;


  • Cartier Delivers Positive PEA2 for Chimo Mine Project Post-Tax NPV5% of CAD$388M and 20.8% IRR


1 : “NI 43-101 Technical Report and Mineral Resource Estimates for the Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac Properties, Québec, Canada” 

2 : * refer to Company Press Release dated April 13th 2023:The qualified persons independent of the issuer, responsible for the Preliminary Economic Assessment (Press Release), within the meaning of NI 43-101, are Mr. Marc R. Beauvais, P.Eng. of InnovExplo, Mr. Eric Hinton, P.Eng. of A-Z Mining Professionals, Mr. Florent Baril of Bumigeme and Mr. Eric Sellars, P. Eng. of Responsible Mining Solutions