Cartier Iron Corp. is pleased to announce that it has commenced the planned 10,000m diamond drill program at the Big Easy low sulphidation gold-silver project near Clarenville, Newfoundland. Drilling will initially focus on the Central Anomaly where previous drilling confirmed an extensive zone of silicification up to 200m wide with epithermal gold-silver mineralization. This additional drilling will more fully explore [...]
Cartier Iron Corp. is pleased to announce that it has closed its previously announced fully marketed private placement offering with Cormark Securities Inc. acting as the agent. Under the Offering, which includes the exercise in full of the option granted to Cormark, the Company issued: 19,166,667 units of the Company at a price of $0.09 per Unit for gross proceeds of $1,725,000.03, and 28,750,000 flow-through units of [...]
Cartier Iron Corp. is pleased to announce that due to investor demand in connection with its previously announced fully marketed private placement offering, the Company and Cormark Securities, who has agreed to act as an agent in connection with the Offering, have agreed to increase the size of the Offering to up to 16,666,667 units of the Company at a price of $0.09 per Unit for gross proceeds of up to $1,500,000. The [...]
Cartier Iron Corp. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. pursuant to which Cormark has agreed to act as an agent in connection with a fully marketed private placement offering of up to 11,111,200 units of the Company at a price of $0.09 per Unit for gross proceeds of up to $1,000,008; and up to 25,000,000 flow-through units of the Company at a price of $0.12 per [...]
Cartier Iron Corp. , announces results of its winter 2021 diamond drilling and Induced Polarization/Resistivity program on its Big Easy Gold Project in eastern Newfoundland. Four diamond drill holes totalling 1,348m were completed to test IP chargeability targets on the Central Anomaly and Shoal Harbour Grid as shown in Figure 1. Table 1 summarizes significant results and Table 2 gives the hole locations. An additional [...]
Cartier Iron Corp. announces the grant of stock options to directors, officers, consultants and employees to purchase 4,300,000 common shares of the Company, exercisable at $0.17 per share at any time on or before February 3, 2026. The grants are subject to the terms of Cartier Iron's stock option plan. In accordance with regulatory requirements, any shares issued pursuant to the exercise of such options will be subject [...]
Cartier Iron Corp. is pleased to announce the start of a 2,000m, 7-hole diamond drill program at the Big Easy Gold Project in Newfoundland to test new Induced Polarization targets and follow-up drilling on the Central Anomaly where drilling in 2018 intersected a wide alteration zone which returned 0.11gAu/t and 2.65gAg/t over 180.4m. Table 1 gives a list of proposed hole locations. An additional 54.5 line-kilometres of IP [...]
Cartier Iron Corp. , is pleased to announce that it is has closed the previously announced non-brokered private placement of 2,500,000 flow-through shares of Cartier Iron at a price of $0.14 per share for proceeds of $350,000. Each F-T Share was issued on a “flow-through” basis under the Income Tax Act . Insiders of Cartier Iron subscribed for 714,287 F-T Shares in the Private Placement. In connection with the closing of [...]
Cartier Iron Corp. is pleased to announce that it is proceeding with a non-brokered private placement of up to 2,500,000 flow-through shares of Cartier Iron at a price of $0.14 per share for proceeds of up to $350,000. Each F-T Share will be issued on a “flow-through” basis under the Income Tax Act . Insiders of Cartier Iron may participate in the Private Placement. The net proceeds of the Private Placement will be used [...]
Cartier Iron Corp. is pleased to report on results of geophysical surveys completed during October, 2020, at its Big Easy Gold project located on the Burin Peninsula in eastern Newfoundland. A helicopter-borne magnetic survey was flown for New Sense Geophysics Ltd. of Markham, Ontario by Newfoundland Helicopters over the southern half of the property to provide high-resolution magnetic coverage over the complete Big Easy [...]
Cartier Iron Corp. , is pleased to report on results of a geological mapping, soil sampling and prospecting program completed during July, 2020, at its Big Easy Gold project , located on the Burin Peninsula in eastern Newfoundland. The program focused on follow-up of major target areas outlined by magnetic and induced polarization/resistivity surveys as well as exploration of the potential southern extension of these [...]
Cartier Iron Corp. , is pleased to announce that it has closed the final tranche of a previously announced non-brokered private placement for proceeds of $795,000, pursuant to the offering of 18,500,000 units of Cartier Iron at a price of $0.07 per unit for total aggregate proceeds of $1,295,000. A total of 11,357,142 Units were issued to investors, including directors and officers of Cartier Iron, in connection with the [...]
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