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Cartier Metallurgical Testwork Program is Underway at Cadillac
Globenewswire· 2025-11-18 14:00
VAL-D’OR, Quebec, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″Cartier″ or the ″Company″) (TSXV: ECR; FSE: 6CA) is pleased to announce that metallurgical testwork program is underway on samples of the Main Sector from its Cadillac Project, located in Val-d’Or (Abitibi, Quebec). This work will be supervised by Soutex, a firm specializing in mineral processing and metallurgy, located in Quebec City (Quebec). Methodology of the Metallurgical Testwork Program A total of 388.7 kg of representative ...
Cartier Cuts 111.5 g/t Au over 2.0 m at Contact (Cadillac); Confirms Multiple High-Grade Gold Zones; Extends Drilling at Surface
Globenewswire· 2025-11-04 12:30
VAL-D’OR, Quebec, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce the fourth batch of results from the fully funded 100,000-m drilling program (2 drill rigs) for the Contact Sector and more precisely, the North Contact Zone (NCZ), on its 100%-owned Cadillac Project, located in Val-d’Or (Abitibi, Quebec). The NCZ consists of three parallel high-grade gold zones: NCZ1, NCZ2 and NCZ3, spaced approximately 50 m apart. Strateg ...
Cartier Cuts 11.0 g/t Au over 9.0 m including 30.2 g/t Au over 2.5 at Contact (Cadillac); Continues to Expand High-Grade Gold North Contact Zone near Surface
Globenewswire· 2025-10-21 11:30
Core Insights - Cartier Resources Inc. has announced promising results from its ongoing 100,000-meter drilling program at the Cadillac Project, specifically in the North Contact Zone (NCZ), which consists of three parallel high-grade gold zones [1][5][27] - The recent drill results indicate significant gold grades and widths, with mineralization extending over 400 meters in strike length and 300 meters in depth, remaining open in all directions, suggesting substantial expansion potential [7][12] Strategic Highlights from Contact Sector - The NCZ has shown high-grade gold results, including 30.2 g/t Au over 2.5 meters and 27.1 g/t Au over 1.0 meter, indicating a shallow and extensive mineralized system [7][8] - The drilling program is designed to advance known mineralized zones while also exploring high-priority regional targets, reinforcing the potential for additional gold discoveries [5][6] Significance for Investors - The results from the NCZ are viewed as extremely encouraging for the long-term potential of the Cadillac Project, reflecting the company's focused strategy and commitment to delivering strong results for shareholders [5][6] - The combination of favorable geological conditions, including minimal overburden and proximity to road access, positions NCZ as a strategic asset for potential shallow operations, enhancing development flexibility and economics [7][12] Next Steps - Additional drilling is planned to confirm geological continuity and expand gold mineralization closer to the surface, with a focus on high-priority regional targets [7][15] - The company aims to unlock the camp-scale, high-grade gold potential along the Cadillac Fault Zone through its ambitious drilling program [15][27]
Cartier Cuts 35.5 g/t Au over 0.5 m and 20.4 g/t Au over 0.5 m at Main (Cadillac); Confirms Near-Surface High-Grade Gold Potential; Advances Toward VG10 Zone
Globenewswire· 2025-10-07 11:30
VAL-D’OR, Quebec, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce the second batch of results from Main Sector and more precisely, the VG9 Zone, from the fully funded 100,000-m drilling program (2 drill rigs) on its 100%-owned Cadillac Project, located in Val-d’Or (Abitibi, Quebec). Strategic Highlights from Main Sector Drill Results of VG9 Zone (Figures 1 & 2) Hole CA25-261 intersected 35.5 g/t Au over 0.5 m with visible ...
Cartier Starts Metallurgical Testwork Program at Cadillac
Globenewswire· 2025-09-30 12:00
Core Viewpoint - Cartier Resources Inc. has initiated a comprehensive metallurgical sampling and testwork program for its Cadillac Project, aimed at optimizing processing methods and enhancing project economics [1][2]. Group 1: Program Objectives - The metallurgical program is a critical milestone for de-risking the Cadillac Project, focusing on understanding mineralized material responses to processing methods to define an efficient and cost-effective flowsheet [2]. - The program aims to reduce capital and operating costs while improving the environmental footprint, ultimately enhancing shareholder value [2]. - The initiative follows the launch of baseline environmental studies and aims to generate updated, high-quality data reflecting current standards [3]. Group 2: Historical Context - Historical production from the Chimo mine processed approximately 2.4 million tonnes of mineralized material from 1966 to 1997, with an average recovery rate of 90.6% for contained gold [4]. - The first two operators achieved higher extraction rates of around 94%, while the last operator, Cambior, saw a drop to 89% [4]. Group 3: Methodology of Testwork - The testwork will utilize NQ-size half-drill core intervals to represent the mineralization and average head grade, generating six composites totaling 300 kg from three deposits [6]. - Composites will undergo cyanidation tests at different grind sizes, followed by gravimetric concentration separation and cyanide destruction tests [7]. Group 4: Expected Outcomes - The program aims to define expected gold recovery rates and improve upon historical results from the Chimo deposit, while establishing recovery data for the East Chimo and West Nordeau deposits [9]. - It will support the development of an integrated process flowsheet and provide critical data for future trade-off studies [9]. Group 5: Company Overview - Cartier Resources Inc. is focused on gold exploration and development in Quebec, with a strategy to unlock the potential of its Cadillac Project, which covers 14,000 hectares along the Cadillac Fault [12][14]. - The Cadillac Project integrates the historic Chimo Mine and East Cadillac projects, positioning the company for rapid advancement and value creation [12].
Cartier Cuts 16.7 g/t Au over 2.1 m at Contact (Cadillac); Strengthens Shallow High-Grade Gold Potential; Supports Expansion Drilling
Globenewswire· 2025-09-23 12:00
Core Insights - Cartier Resources Inc. has announced promising drill results from the North Contact Zone (NCZ) of its Cadillac Project, indicating strong potential for gold mineralization and project development [1][3][4] Strategic Highlights from Contact Sector - The NCZ is characterized by high-grade gold intercepts located near a geological contact, which is favorable for mineralization [4][11] - Significant drill results include hole CA25-524, which intersected 16.7 g/t Au over 2.1 m, and hole CA25-525, which graded 4.3 g/t Au over 2.0 m [5][6] - The mineralization extends over a minimum of 400 m in strike length and 300 m in depth, suggesting substantial growth potential [5][6] Next Steps - Additional drilling is planned to confirm geological continuity and expand gold mineralization closer to the surface [5][13] - The company aims to explore several new high-priority regional targets at the Contact Sector, supported by advanced geological modeling and AI-driven targeting [5][13] About Cadillac Project - The Cadillac Project spans 14,000 hectares along a 15-kilometer stretch of the Cadillac Fault, integrating historic mining assets and providing a dominant position in a prolific gold mining district [23][24] - A Preliminary Economic Assessment indicates the economic viability of a segment of the project, with indicated resources estimated at 720,000 ounces and inferred resources at 1,633,000 ounces [24]
Update on the Increasing Value in Globex
Globenewswire· 2025-09-11 13:00
Core Viewpoint - Globex Mining Enterprises Inc. has provided an update on its financial, royalty, and property portfolios, highlighting significant growth in its financial assets and ongoing developments in its royalty and optioned properties [1][2]. Financial Portfolio - The financial portfolio is valued at approximately $34.73 million, reflecting an 8% increase since the end of Q2 2025 [5][6]. - The portfolio includes 31% in senior liquid precious metal equities, 13% in junior and mid-tier mining names, 29% in fixed income instruments, and 26% in cash [5]. - The gold price has increased by 45% or $1,133 per ounce over the past year, with the S&P/TSX Global Gold Index rising by 86% [3]. - Globex's stock has increased by 69% year-over-year, but only 3% since the end of Q2 2025, while Agnico Eagle Mines Ltd. rose by 29.8% in the same period [3]. Royalty Portfolio - The royalty portfolio includes 110 royalties, with 61 focused on gold projects, and continues to gain value through active drilling on properties such as the Kewagama Claims [1][6]. - Radisson Mining Resources reported high-grade gold intercepts on Globex's Kewagama royalty claims, which is expected to be favorable for Globex [10]. - Cartier Resources has initiated a 100,000-meter drill program on its Cadillac property, which includes Globex's royalty claims [10]. Optioned Property Portfolio - Globex has consolidated its ownership of the Blackcliff gold property from 50% to 100% and staked the Salt Spring gold property in Arizona [6][10]. - Option payments and property sale payments received in 2025 total $3.65 million in cash and $666,895 in shares [1]. - Partners have been actively drilling and increasing resources on optioned properties, such as Antimony Resources at the Bald Hill project and Emperor Resources at the Duquesne West gold project [6][10]. Recent Developments - The company is planning drilling on its Lyndhurst base metal property and Rouyn Merger Gold property, with approximately 1,000 meters planned for each [13]. - Globex continues to assess potential work programs and compile historic data on other properties to generate drill targets [13].
Cartier Launches Ambitious 100,000-m Drill Program on Cadillac
Globenewswire· 2025-08-28 11:15
VAL-D’OR, Quebec, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″Cartier″ or the ″Company″) (TSXV: ECR; FSE:6CA) is pleased to announce it has started the fully funded 100,000-metre diamond drilling program on its 100%-owned Cadillac Project in Quebec. Strategically located in the heart of the prolific Val-d’Or gold belt, the project benefits from exceptional proximity to mining and milling infrastructure and qualified workforce. "This is the most extensive drilling program ever undertaken on Ca ...
Cartier Unveils VRIFY-Generated AI Model Highlighting Key Discovery Targets Ahead of Largest-Ever Drill Program at Cadillac
Globenewswire· 2025-07-10 11:30
VAL-D’OR, Quebec, July 10, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE:6CA) is pleased to present its new predictive model for the Cadillac Project in the heart of the Val-d’Or mining camp, Quebec, created with Artificial Intelligence (″AI″) using VRIFY’s AI-Assisted Mineral Discovery Platform, DORA. With robust geoscientific information from across the 14,000-ha Cadillac Property, the Company was able to unlock value from this data by leveraging VRIFY’s ...
Cartier Signs Agreement with Exploits Discovery To Option 100% of the Benoist, Fenton and Wilson Properties  
Globenewswire· 2025-06-03 10:00
VAL D'OR, Quebec, June 03, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″Cartier″ or the ″Company″) (TSXV: ECR; FSE:6CA) is pleased to announce the execution of an agreement (the ″Agreement″) with Exploits Discovery Corp. (CSE: NFLD) (″Exploits″) to option 100% of its interests in three groups of exclusive exploration rights, located in the Province of Québec, commonly referred to as: (a) the ″Wilson project″ located in Lebel-sur-Quévillon (the ″Wilson Property″); (b) the ″Fenton project″ located in Cha ...