Cartier Resources (TSX.V: ECR)
Announced the results of its ongoing drilling program for the Chimo Mine Project
The highlight was 13.2 g/t Au / 2.3 m including 46.1 g/t Au / 0.5 m. Continue reading
Tag Archives: Cartier Resources
Cartier Highlights 15km Gold Potential at Chimo
Cartier Resources (TSX.V: ECR)
Presented an update of the potential for the Chimo Mine Project, comprising the Chimo Mine and East Cadillac properties, the latter of which was acquired in the spring of 2022.
The Project, 100% owned by Cartier, is located at 45 km east of the Val-d’Or mining camp. Continue reading
Cartier Cuts 3.2 g/t Au over 15 m at Chimo
Cartier Resources (TSX-V: ECR)
Announced drill hole results from the West Nordeau and West Chimo Mine sectors.
Notably, Cartier cut 3.2 gpt over 15 m. Continue reading
Mining Review 2nd July 2023
Mining Review 2nd July 2023
Lithium mining in the UK is in its infancy, yet one of the two companies involved is in financial trouble, and the other has just ceded 80% to a French company, Inversys.
Calidus Resources and Cornish Lithium posted news this week, the price of gold dropped back a tad. Continue reading
Mining Review 18th June 2023
Mining Review 18th June 2023
A typical week in the summer market doldrums, companies are drilling now so a dearth of explorations news, and we are mainly receiving corporate and financing updates.
Wesdome Gold Mines and Cartier Resources announced positive drilling news. Continue reading
Cartier Drilling at Chimo Shows Potential
Cartier Resources (TSX.V: ECR)
Announced drill hole results from the program in progress at the Chimo Mine Project.
The new results are from the West Chimo Mine sector, located between the main underground infrastructures of the Chimo mine and up to 550 m west of them. Continue reading
Mining Review 14th May 2023
Mining Review 14th May 2023
Karora Resources is following ASX listed Calidus Resources by proposing an unlocking of its lithium assets, to create a newco to list on the ASX in due course.
Gold is still oscillating around the $2,000 level. Lithium was up 16% week on week, is this the start of its price recovery? Continue reading
Cartier Closes Its CAD$204,000 Financing
Cartier Resources(TSX.V: ECR)
Announced that it has closed its previously announced private placement for aggregate gross proceeds of $204,000.
1,457,143 common shares of Cartier were issued at a price of $0.14 per Common share. Continue reading
Cartier Cuts two New Zones at Chimo Mine Project
Cartier Resources (TSX.V: ECR)
Announced drill hole results from the program that is in progress at the Chimo Mine Project, where a recent PEA demonstrated its economic viability.
The new results show the discovery potential of the ‘West Chimo Mine’ sector which has seen very little drilling to date. Continue reading
Cartier Resources pegs Chimo post-tax NPV at $388M
Cartier Resources (TSX.V: ECR)
Released positive results of the PEA prepared in accordance with National Instrument 43-101 — Standards of Disclosure for Mineral Projects, on the Chimo mine project located 45 kilometres east of the Val d’Or mining camp. Continue reading
Cartier Resources East Chimo Drill Results
Cartier Resources Inc. (TSX.V: ECR)
Announced drill results in the East Chimo Mine Sector, located at the midpoint of 450 m between the Chimo Mine and West Nordeau sectors.
The results are located on the Chimo Mine Property, 100% owned by Cartier, which is located 45 km east of the Val-d’Or mining camp. Continue reading
Mining Review 29th January 2023
Mining Review 29th January 2023
Gold and copper had a good week, and tin had an exceptional week, as the markets became more positive about the Chinese economy.
Ascot Resources, Cartier Resources, Karora Resources, and Westhaven Gold all announced good drill results. Continue reading
Cartier Confirms Depth Extension at Chimo
Cartier Resources (TSX.V: ECR)
Announced drill results below the West Nordeau deposit of the Chimo Mine Gold System from its ongoing drilling program on the Chimo Mine property and contiguous East Cadillac property. properties are located 45 km east of the Val-d’Or mining camp.
Cartier Resources C$2.7 m Financing
Cartier Resources (TSX.V: ECR)
Announced that it has completed a non-brokered private placement of aggregate gross proceeds of C$2,700,159 million.
Under the Private Placement, the Company issued 22,501,333 flow through common shares at a price of C$0.12 per FT Share. Continue reading
Cartier Commences Chimo Drill Campaign
Cartier Resources (TSX.V: ECR)
Announces the launch of the fourth phase of drilling at the Chimo gold mine project, located 45 km east of Val-d’Or.
This program, planned with 2 drills over a period of 13 months, consists of 25,000 m of controlled directional drilling. Continue reading
O3 Mining Sell East Cadillac to Cartier Resources
O3 Mining (OIII.V) / Cartier Resources (ECR.V)
O3 Mining announced that they have entered into a definitive share purchase agreement with Cartier Resources pursuant to which O3 Mining has agreed to sell a 100% interest in its East Cadillac Project located in Val-d’Or, Québec, in exchange for 46,273,265 common shares of Cartier. Continue reading
Cartier Resources and O3 Mining sign LOI for Chalice
Cartier Resources (TSX.V: ECR) O3 Mining (TSX: OIII)
Announced the execution of a non-binding letter of intent for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines (Québec) Inc., a wholly-owned subsidiary of O3 Mining which owns a 100% interest in the East Cadillac property, contiguous with Cartier’s Chimo Mine property in the Val-d’Or Gold Camp, Quebec, Canada. […] Continue reading
Cartier Resources Announces Benoist Drill Results
Cartier Resources Inc. (TSX.V: ECR)
Announced the results of Abitibi Geophysique Inc.’s InfiniTEM® XL geophysical survey and subsequent drilling on the Benoist property, located 65 km northeast of Lebel-sur-Quévillon, Quebec, Canada.
The programs aimed to further develop the potential of the project following the results of the first NI 43-101 resource estimate1, published on January 29, 2021. Continue reading