Highlights : Adding the resource estimate of the North and South Gold Corridors to those of the Central Gold Corridor, the Chimo Mine property now hosts mineral resources of : 4,017,600 tonnes at an average grade of 4.53 g/t Au for a total of 585,190 ounces gold in the Indicated category; 4,877,900 tonnes at an average grade of 3.82 g/t Au for a total of 597,800 ounces gold in the Inferred category. For more detail, using [...]
Cartier Resources Inc. announces that it has filed its 2019 Financial Statements and Management Discussion and Analysis Reports on April 21st, 2020. As of this date, Cartier has a good financial position with more than $ 5.6 million in the bank. Cartier also announces that it has elected to defer its 2020 Annual General Meeting of Shareholders normally held in late May – early June due to COVID-19 concerns, and plans to [...]
Highlights: Mineralized intersection of 5.0 g/t Au over 10.9 m included within 26.1 m grading 2.5 g/t Au at a distance of 250 m below the new Zones 5B4-5M4-5NE in the East Sector; Discovery of a 4th gold zone within the East Sector, named Zone 5CE, which returned 11.9 g/t Au over 2.0 m; The “NI 43-101 Technical Report and Mineral Resource Estimate, Chimo Mine Project, Central Gold Corridor, Val-d'Or, completed by [...]
Cartier Resources Inc. On March 24, 2020, in accordance with orders from the Government of Quebec, Cartier suspended its drilling activities on the Chimo Mine property, located 45 km east of Val-d'Or, until April 13, 2020. Other work is in progress by telework or other confinement situations. Cartier reminds its shareholders that has a good financial position with more than $ 6.2 million in the bank and is continuing all [...]
Highlights: 7.1 g/t Au over 11.5 m including 22.0 g/t Au over 2.0 m, 550 m below Zones 5B4-5M4-5NE; demonstrating the continuity of mineralization to a depth of 1.3 km; The December 17th 2019 Resource Estimate showed Zones 5B4-5M4-5NE having 28,400 ounces of gold in the indicated resource category and 137,140 ounces of gold in the inferred resource category; The results of this press release illustrate the potential for [...]
Cartier Resources Inc. has awarded InnovExplo the mandate to complete a resource estimate on the North and South Gold Corridors and a supporting NI 43 - 101 technical report for its 100% owned flagship Chimo Mine gold property located 45 kilometers east of Val-d’Or, Quebec. Highlights : The Central Gold Corridor resource estimate for the Chimo Mine property was produced using a gold price of US $ 1,292 / ounce and a [...]
Cartier Resources Inc. announces the closing of a private placement for gross proceeds of $78,386. Cartier issued 356,300 flow through shares at a price of $0.22 per share. Cartier did not pay any finder’s fees. The securities issued under the private placement are subject to a four month statutory hold period. The Offering remains subject to the final approval of the TSX Venture Exchange. This press release is not [...]
Cartier Resources Inc. announces that it has filed on SEDAR the technical report titled "NI 43-101 Technical Report and Mineral Resource Estimate, Chimo Mine Project, Central Gold Corridor, Val-d'Or, Quebec, Canada", bearing the date of signature of the 17 December 2019. The NI 43-101 compliant report, completed by GeoPointCom Inc. for Cartier, includes the mineral resource estimate for the Central Gold Corridor property [...]
Cartier Resources announces that the Board of Directors granted, on November 27, 2019, a total of 1,450,000 stock options to directors and officers and to one employee of the Company. Pursuant to the terms of the Company’s stock option plan, each option entitles the holder thereof to purchase one common share of the Company at a price of $0.125 per share until no later than November 26, 2024. Contact: Philippe [...]
Highlights: Re-launch of Phase III drilling under recently discovered Zones 5B4-5M4-5NE, which returned excellent results last June contributing to the Central Gold Corridor resources ; Ongoing completion of the North and South Gold Corridor resource estimate for the Chimo Mine property ; Planning is underway for Phase IV drilling on the periphery of Zone 6N1 VAL-D’OR, Quebec, Nov. 27, 2019 -- [...]
Highlights: The Central Gold Corridor resource estimate for the Chimo Mine property was produced using a gold price of US $ 1,292 per ounce and a cut-off grade of 2.5 g/t Au: 3,263,300 tonnes at an average grade of 4.40 g/t Au for a total of 461,280 ounces of gold in the indicated resource category; 3,681,600 tonnes at an average grade of 3.53 g/t Au for a total of 417,250 ounces of gold in the inferred resource category [...]
Cartier Resources Inc. announced today that it has closed its previously announced private placement for aggregate gross proceeds of C$2,943,487. A total of 11,429,048 flow-through common shares of the Corporation at a price of C$0.21 per share, and 1,940,667 flow-through common shares at a price of C$0.28 per share which were donated by the initial purchasers to charity, were issued. The Offering was completed through [...]
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