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 Inc. 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 [...]
Cartier Resources Inc. announces that it has entered into an agreement with Desjardins Securities Inc. , under which the Agent has agreed to sell, on a marketed private placement basis, 11,428,571 flow-through common shares of the Company at a price of C0.21 per Initial Tranche A Flow-Through Share, and a further 1,940,667 flow-through common shares which the Company understands may be donated by the initial purchasers to [...]
Cartier Resources Inc. has awarded GeoPointCom the mandate to complete an initial resource estimate and a supporting NI 43-101 technical report for its 100% owned flagship Chimo Mine gold project located 45 kilometers east of Val-d’Or, Quebec. Over the last few months, GeoPointCom has worked closely with Cartier personnel, particularly Mr. Ronan Déroff, P. Géo., Senior Geomatician, to build a 3D model [...]
Cartier Resources Inc. is pleased to announce that, effective August 1, 2019, it has engaged Relations Publiques Paradox Inc. to provide investor relations services to Cartier. Paradox is a Montreal based investor relations consultancy firm that has been in business for over 15 years. Paradox has represented a number of public companies through its extensive network and experience in the capital markets. Paradox will [...]
MONARCH GOLD CORPORATION is pleased to announce that its wholly-owned subsidiary Louvem Mines Inc. has sold a 2% net smelter return royalty on certain claims of the Chimo Mine property to Cartier Resources Inc. in consideration of a cash payment of $350,000. Monarch acquired Louvem as part of the acquisition of Richmont Mines' Quebec assets in October 2017. "This transaction allows us to monetize an asset that did not [...]
Cartier Resources Inc. reports it has purchased from Louvem Mines Inc. a 2% NSR royalty for the Chimo Mine property, located 45 km east of Val-d'Or, in consideration for a purchase price of CDN $350,000. For more information, please contact: Philippe Cloutier, P. Geo. President and CEO Telephone: 819 856-0512 philippe.cloutier@ressourcescartier.com www.ressourcescartier.com Neither the TSX Venture Exchange nor its [...]
Cartier Resources Inc. reports drill results grading 5.6 g/t Au over 8.5 m including 9.9 g/t Au over 3.0 m and 8.3 g/t Au over 2.5 m. These intersections are hosted within in a mineralized envelope over 27.8 m grading 2.5 g/t Au in Zone 5M4 of the Chimo Mine property, located 45 km east of Val-d'Or . Additional intersections grading 63.1 g/t Au over 0.5 m included within a 27.0 m section grading 2.2 g/t Au as well as an [...]
Cartier Resources Inc. reports drill results grading 5.4 g/t Au over 4.5 m in a mineralized envelope that includes 10.8 g / t Au over 1.0 m in the Zone 6 of the Chimo Mine property, located 45 km east of Val-d'Or . Mineralized envelopes of 15.5 m to 1.5 g/t Au, 20.0 m to 1.0 g/t Au and 17.6 m to 1.0 g/t Au are also present in the Zone 6. In addition, an intersection grading 4.2 g/t Au over 6.4 m is found in a mineralized [...]
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