VAL-D’OR, Québec, March 27, 2018 -- Cartier Resources Inc. is pleased to announce that it has intersected 8.5 g/t Au over 3.5 m, 205 m beneath the deepest stope at the former Chimo Mine, located 45 km east of Val-d’Or. These new results were intersected at a depth of 1,050 m along the depth extensions of gold-bearing zones 5 which produced 2/3 of the ounces mined. The intersection is the first from an [...]
Cartier Resources Inc. is pleased to announce it has intersected 7.6 g/t Au over 5.0 m, 235 m beneath the deepest stope at Chimo Mine, situated 45 km east of Val-d'Or. These new results were intersected at a depth of 1,075 m along the depth extensions of gold-bearing zones 5 which produced 2/3 of the ounces mined. The intersection is the first from an 8,000-m deep drilling program which is part of the ongoing 34,000-m [...]
Cartier Resources Inc. is proud to announce that it's cofounder and original chairman of the board, Mr. Jean Descarreaux, has been awarded by the Prospectors and Developers Association of Canada its 2018 Special Achievement Award. From time to time, PDAC presents a Special Achievement Award that recognizes exceptional contributions to the mineral industry. Mr. Descarreaux received this award for founding the [...]
Cartier Resources Inc. is pleased to announce new results from its ongoing 34,000-m drill program on the Chimo Mine property, situated 45km east of Val-d'Or. These new results were intersected at a depth of 635 m along the extension of Zone 3 . Intersections grading 24.8 g/t Au over 1.0 m included within 6.5 g/t Au over 4.0 m and included within 1.6 g/t Au over 25.0 m were cut 165 m below historic stopes of Zone 3 . Also [...]
Cartier Resources Inc. is pleased to announce that it has completed its commitments to acquire a 50% interest of the Fenton property, located 50 km southwest of Chapais and 50 km north of Osisko's Windfall Lake gold deposit in the heart of the Urban-Barry's belt. SOQUEM and Cartier now form a joint venture to continue exploration of the property for which no royalty has been granted. This acquisition constitutes an [...]
Cartier Resources Inc. is pleased to announce new results from its ongoing 30,000-m drill program on the Chimo Mine property, situated 45 km east of Val-d'Or. These new results were intersected at a depth of 650 m along the extensions of Zones 5N and 5M. Intersections grading 4.7 g/t Au over 5.1 m including 17.7 g/t Au over 0.5 m and 9.6 g/t Au over 1.1 m were intersected 40 m below stopes of Zone 5N . Also, intersections [...]
Cartier Resources Inc. is pleased to announce the results of the first drill hole from its 13-drill-hole, 7,814 m drill program on the Fenton property, located 50 km southwest of Chapais and 50 km north of Osisko's Windfall Lake gold deposit in the heart of the Urban-Barry's belt. To view the Figure associated with this press release, please visit the following link [...]
Cartier Resources Inc. is pleased to announce new results from its ongoing 30 000-m drilling program on the Chimo Mine property, located 45 km east of Val-d'Or. These results are associated with the 2B Zone and the 4E Zone intersected respectively at 230 m and 110 m east-northeast of the shaft. In the 2B Zone, an intersection grading 7.5 g/t Au over 2.0 m included within 2.1 g/t Au over 9.8 m was cut 90 m below drill hole [...]
Cartier Resources Inc. is pleased to announce that 4 drill rigs are currently in operation on the Chimo Mine property, located 45 km east of Val-d'Or, to complete 20,000 m of drilling in the coming months. The program is intended to explore the depth and lateral extensions of 23 known gold zones in order to expand their dimensions . In 2017, Cartier completed 56 holes totaling 21,000 m on the Chimo Mine, Wilson and [...]
Cartier Resources Inc. announces that the Board of Directors granted, on December 14th, a total of 1,200,000 stock options to directors, officers, and one employee of the Company. Pursuant to the terms of the Company's stock option plan, each option grants the holder of such option the right to purchase a common share of the Company at a price of $0.19 per share no later than December 13th, 2022. The TSX Venture Exchange [...]
Cartier Resources Inc. announced today that it has closed its previously announced private placement for aggregate gross proceeds of $5,299,900. A total of 13,030,000 Flow Through shares of the Company were issued and sold at a price of $0.33 per Flow Through Share and 5,000,000 common shares of the Company were issued and sold at a price of $0.20 per Share. The Offering was completed through Sprott Capital Partners. All [...]
Note to editors: A photo is associated with this press release. Cartier Resources Inc. is pleased to announce results from its 25,000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d'Or. The 2B Zone was intersected 150 m east-north-east of the shaft . The intersection graded 9.4 g/t Au over 6.5 m including 56.0 g/t Au over 0.5 m and 25.2 g/t Au over 2.0 m . Drill Hole From To Lenght Au [...]