Cartier Resources announces the execution, on March 31, 2025, of an amending agreement further to the engagement letter dated March 20, 2025 between Paradigm Capital Inc. and the Corporation with respect to its previously announced "best efforts" private placement offering of securities of Cartier. The Amending Agreement was concluded to address potential impacts of several tax measures unveiled on March 25, 2025 by the [...]
Cartier Resources is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. in connection with a "best efforts" private placement offering of securities of Cartier for aggregate gross proceeds of up to $7,300,160, through a combination of: 21,740,000 units of the Corporation issued on a charitable flow-through basis that will qualify as "flow-through shares" of the Income Tax Act and section [...]
Cartier Resources is pleased to announce it has launched the Artificial Intelligence Targeting Program on the Cadillac Project. The program incorporates VRIFY's cutting-edge AI-Assisted Mineral Discovery Platform. VRIFY uses advanced AI and proprietary algorithms to generate a prospectivity score - known as a VRIFY Prospectivity Score - that identifies areas for potential of gold mineralization. The VPS and models [...]
Cartier Resources is pleased to announce it intends to evaluate the economic potential of reprocessing Chimo Tailings. The Chimo Tailings Project consist of waste materials from the past producing Chimo Mine, which operated intermittently from 1964 to 1997 and produced 379,012 ounces of gold. Located near the Val-d'Or mining camp and existing gold mills with available capacity, the Chimo Tailings Project can potentially [...]
VAL-D'OR, Quebec, Feb. 04, 2025 -- Cartier Resources Inc. informs that Mr. Gaétan Lavallière no longer assumes the duties of Vice-President of Cartier, effective today. Mr. Philippe Cloutier, President and CEO, stated: ?On behalf of the Company, I would like to sincerely thank Mr. Lavallière for his professionalism and his many contributions he has made to Cartier over the years. Mr. Lavallière led the company transition [...]
Cartier Resources is pleased to announce that it has completed a non-brokered private placement of 7,692,308 flow-through common shares at a price of $0.13 per share for aggregate gross proceeds of $1,000,000.04. Each Flow-Through Share will qualify as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act and, in respect of eligible Québec resident subscribers, section 359.1 of the Taxation Act [...]
Cartier Resources announces that the Board of Directors granted, on December 19, 2024, a total of 3,500,000 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 $0.09 per share until no later than Dec 18, 2029. Contact: Philippe Cloutier [...]
Cartier Resources reports drill results in the western part of its 100% - owned East Cadillac property. Highlights: Extension of the high-grade gold potential over a strike length of 10 km 44.7 g/t Au over 0.5 m with 8 clusters of visible gold and 7.9 g/t Au over 1.0 m 17.0 g/t Au over 0.5 m with 1 cluster of visible gold Expansion of the area of high-grade gold 18.0 g/t Au over 1.7 m included within 7.5 g/t Au over 4.6 m [...]
Cartier Resources reports multiple high-grade gold results from the 28,000-m drilling program at its 100% - owned East Cadillac property. These results follow-up on the significant VG10 intercepts previously announced on August 27, 2024, where drilling returned 142.2 g/t Au over 0.5 m and 137.4 g/t Au over 0.5 m Highlights: VG10 Zone Successful definition and expansion of a high-grade gold ore shoot that is approximately [...]
Cartier Resources reports high-grade gold results in the Portal sector at its 100%-owned East Cadillac property. Highlights: The drill holes intersected: An intersection grading 241.0 g/t Au over 0.6 m included within 35.3 g/t Au over 4.4 m, 250 m north of the Portal Gold Zone; Intersections grading 13.7 g/t Au over 0.5 m included within 4.7 g/t Au over 4.5 m and 5.9 g/t Au over 1.5 m, situated several meters from the [...]
Cartier Resources announces that it has closed a private placement for aggregate gross proceeds of $487,432. A total of 4,431,202 units of Cartier were issued at a price of $0.11 per Unit. Each Unit consisted of one common share of Cartier and one Common Share purchase warrant entitling the holder to subscribe for one Common Share at a price of $0.16 for a period of thirty-six months following the closing date of the [...]
Cartier Resources reports high-grade gold results from the new Portal Zone at its 100%-owned East Cadillac property. Highlights The 28,000-m ongoing exploration drill program continues to deliver high-grade gold results on the East Cadillac property . Drilling intersected a new high-grade gold zone, located near surface and a few meters from the entrance to the Portal exploration Ramp: 7.2 g/t Au over 8.0 m including 12.5 [...]