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East Nordeau Zone on Globex Royalty Claims Returns High-Grade Gold Drill Results
Globenewswire· 2026-02-23 13:45
Core Viewpoint - Globex Mining Enterprises Inc. is updating shareholders on exploration drilling by Cartier Resources Inc. on Globex's Nordeau Royalty claims, highlighting the discovery of a new gold zone called the East Nordeau Zone, which is part of an aggressive drilling program [1][2]. Group 1: Exploration and Drilling Results - Cartier Resources has reported significant high-grade gold mineralization in the East Nordeau Zone (ENZ), which consists of two parallel high-grade gold zones, EN1 and EN2, with a confirmed strike length of 400 meters and open to depth [2][4]. - The ENZ is located 800 meters south of the Contact Sector and the high-grade North Contact Zone, indicating potential for further gold discoveries in the Nordeau Sector [2][4]. - Notable drill results include: - CA25-565: 23.2 g/t Au over 1.0 meters in EN1 Zone - CA25-570: 11.9 g/t Au over 1.0 meters in EN1 Zone and 14.1 g/t Au over 1.0 meters in EN2 Zone - CA25-572: 7.3 g/t Au over 1.0 meters in EN1 Zone [5]. Group 2: Future Plans and Expectations - Cartier plans further drilling to refine the geological model and verify the continuity of mineralization, with exploration drilling aimed at testing several new high-priority regional targets along the Nordeau Sector and the Cadillac Fault Zone [4][9]. - The success of Cartier's drilling on Globex's royalty claims is viewed positively, with anticipation for additional results from the North Contact Zone and the East Nordeau Zone as the drilling program progresses [9].
Cartier Extends Mineralized System 4 km East of Main; Cuts 23.2 g/t Au over 1.0 m at Nordeau (Cadillac); Expands High-Grade Gold Near Surface at East Nordeau Zone
Globenewswire· 2026-02-18 13:00
VAL-D’OR, Quebec, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce the eighth batch of results from the 100,000-m drilling program (2 drill rigs), for the Nordeau Sector and more precisely, the East Nordeau Zone (″ ENZ ″), on the 100%-owned Cadillac Project, located in Val-d’Or (Abitibi, Quebec). The ENZ consists of two parallel high-grade gold zones: EN1 and EN2, spaced approximately 25 m apart. Strategic Highlights from ...
Globex Reports Additional High-Grade Gold in Drilling on it’s Nordeau Royalty Claims
Globenewswire· 2026-02-04 14:00
Core Viewpoint - Globex Mining Enterprises Inc. is updating shareholders on the exploration drilling by Cartier Resources Inc. on Globex's Nordeau Royalty claims, highlighting significant gold discoveries in the North Contact Zone [1][10]. Exploration Results - Cartier Resources has reported additional drill intersections in the NCZ, revealing significant gold mineralization at depths between 100 m to 300 m [2]. - The NCZ consists of three parallel high-grade gold zones (NC1, NC2, NC3), each approximately 50 meters apart [2]. - Notable drill results include: - CA25-559: 54.6 g/t Au over 1.0 m, including 85.1 g/t Au over 0.5 m in NC1 - CA25-558: 4.4 g/t Au over 6.0 m, including 23.2 g/t Au over 1.0 m in NC3 - CA25-557: 7.5 g/t Au over 0.5 m in NC3 - CA25-554: 1.5 g/t Au over 15.5 m in NC3 - CA25-547: 1.2 g/t Au over 13.2 m in NC3 - CA25-552: 1.0 g/t Au over 10.5 m in NC3 [6]. Future Plans - Cartier plans to continue expansion drilling in the NCZ at depths of 300-600 meters and aims to connect the lateral footprint of the NCZ with its eastern extensions to upgrade the mineral resource estimate [3]. - An ambitious 600-hole drilling program is set to expand known gold zones and test new shallow surface targets, with a total of 100,000 meters of drilling expected to be completed by Q2 2027 [4]. Strategic Importance - The NCZ is positioned as a highly strategic asset due to exposed bedrock, minimal overburden, and proximity to year-round access roads, supporting potential for shallow development scenarios and resource expansion [6].
Cartier Discovers Multiple Shallow High-Grade Gold Zones at Cadillac; Cuts 54.6 g/t Au over 1.0 m and 4.4 g/t Au over 6.0 m; Extends North Contact Zone 500 Meters East on Strike
Globenewswire· 2026-02-03 12:30
VAL-D’OR, Quebec, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce the seventh batch of results from the 100,000-m drilling program (2 drill rigs), for the Contact Sector and more precisely, the North Contact Zone (″ NCZ ″) and its east extension, on the 100%-owned Cadillac Project, located in Val-d’Or (Abitibi, Quebec). The NCZ consists of three parallel high-grade gold zones: NC1, NC2 and NC3, spaced approximately 50 m a ...
Cartier Announces Filing of Updated Mineral Resource Estimate Technical Report for the Cadillac Project
Globenewswire· 2026-01-28 14:00
VAL-D’OR, Quebec, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce that it has filed the National Instrument 43-101-compliant (" NI 43-101 "), Updated Mineral Resource Estimate (" MRE ") Technical Report on its 100% owned flagship Cadillac Project, located in Val-d’Or (Abitibi, Quebec). Report results were previously announced in Cartier's news release dated December 18, 2025. The updated estimate includes approximately 11 ...
From Permits to Pouring Gold: The Power of Being Production-Ready
Globenewswire· 2026-01-20 13:30
Core Viewpoint - LaFleur Minerals Inc. is at a strategic inflection point as it transitions from exploration to production, having secured $7.8 million in financing to restart operations at its Beacon Gold Mill, positioning the company for significant valuation re-ratings in a favorable gold market [2][3][27]. Funding and Financial Position - LaFleur recently completed an oversubscribed financing of C$7.8 million, which includes a C$4.7 million LIFE offering, C$2.2 million from a flow-through offering, and C$900,000 from a hard-dollar tranche, providing the necessary capital to advance production and development without immediate dilution [9][8]. - The company is poised to benefit from rising gold prices, with spot gold recently exceeding $4,600 per ounce and projections suggesting it could surpass $5,000 per ounce in 2026, enhancing margins and cash flows for producing companies like LaFleur [6][26]. Production Strategy - LaFleur's strategy involves utilizing its fully permitted Beacon Gold Mill to process mineralized material from its Swanson Gold Project, creating a vertically integrated, low-cost production model that mitigates risks associated with third-party processing [7][23]. - The Beacon Gold Mill, capable of processing over 750 tonnes per day, has undergone approximately C$20 million in upgrades and is valued at around C$71.5 million, significantly enhancing LaFleur's operational readiness and market position [19][20]. Exploration and Resource Development - The Swanson Gold Project, LaFleur's flagship asset, has an estimated resource of approximately 123,000 ounces of gold indicated and 64,500 ounces inferred, with potential for expansion towards a one-million-ounce resource [12][14]. - Active exploration efforts include a 7,500-meter diamond drilling program targeting high-grade zones and a twin-hole drilling program to validate historical results, which are crucial for the upcoming Preliminary Economic Assessment (PEA) [14][15][10]. Market Position and Industry Context - LaFleur operates in the Abitibi Greenstone Belt, a prolific gold-producing region, and is strategically positioned among established producers, benefiting from regional dynamics that favor companies with advanced projects and infrastructure [11][25]. - The company is expected to be a beneficiary of a near-term re-rating as it moves decisively toward production, supported by favorable market conditions and a strong operational framework [11][27].
Cartier Cuts 29.6 g/t Au over 1.7 m And 13.2 g/t Au over 1.0 m and Unlocks Two New High-Grade Gold Zones in Strategic Gap Between Chimo and East Chimo Deposits at Main (Cadillac)
Globenewswire· 2026-01-20 12:30
VAL-D’OR, Quebec, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce the sixth batch of results from Main Sector from the 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 Hole Results (Figures 1 to 4)5B3/5C3 Zones CA25-300 intersected 29.6 g/t Au over 1.7 m including 54.3 g/t Au over 0.9 m (5B3 Zone).CA25-303 grade ...
Cartier Builds on 2025 Success to Drive 2026 Growth
Globenewswire· 2026-01-13 12:30
Core Insights - Cartier Resources Inc. is focused on gold exploration and development in Canada, particularly advancing its Cadillac Project to enhance shareholder value [1][8] 2025 Accomplishments - The Cadillac Project saw significant advancements in geological understanding and growth potential, with the first 20,000 meters of drilling yielding strong results, particularly in the North Contact Zone, which returned multiple high-grade gold intersections [4] - The company achieved a significant gold resource growth, reporting 9,953,000 tonnes at a grade of 2.40 g/t Au for 767,800 ounces Measured and Indicated, a 7% increase, and 35,185,000 tonnes at a grade of 2.14 g/t Au for 2,416,900 ounces Inferred, a 48% increase [5] - A major 100,000-meter diamond drill program was launched, aimed at demonstrating the Cadillac Project's potential to host an emerging mining camp, with drilling on schedule and on budget [5] Strategic Developments - The company initiated a restructuring of its management team to position itself for the next phase of growth and secured significant funding to support its plans [5] - Cartier optioned three properties to Exploits Discovery Corp., allowing Exploits to earn a 100% interest by paying CAD 1,750,000 in cash, issuing 9,250,000 common shares, and incurring at least CAD 12,250,000 in expenditures [5] - The company is testing a suite of highly prospective artificial intelligence targets to enhance its exploration strategy [5] Future Outlook for 2026 - 2026 is expected to be an active year for Cartier, with plans to advance the Cadillac Project toward its next development stage [3] - The company anticipates delivering metallurgy and environmental baseline studies in Q2 and Q3 of 2026, which will provide essential data for upcoming engineering decisions [5] - The company aims to run new iterations and model simulations on updated resources with strengthened gold prices for the next scoping study [5]
Globex Reports Ongoing Drill Results on Nordeau Royalty Claims Discovery
Globenewswire· 2025-12-16 14:00
Core Viewpoint - Globex Mining Enterprises Inc. is pleased to report significant exploration updates from Cartier Resources Inc. regarding gold discoveries on Globex's Nordeau Royalty claims in Quebec, indicating strong potential for future gold inventory and expansion of drilling programs [1][8]. Exploration Results - Cartier Resources has made important gold discoveries in the North Contact Zone (NCZ) on the Cadillac Property, with drill intersections showing significant gold mineralization at depths between 100 m to 300 m [1]. - The drilling has outlined three high-grade gold zones (NCZ1, NCZ2, NCZ3) over a strike length of approximately 400 meters [1]. - Notable drill results include hole CA25-531, which intersected 3.2 g/t Au over 12.5 m, and hole CA25-536, which reported an impressive 111.5 g/t Au over 2.0 m, including 339.6 g/t Au over 0.5 m [1][5]. Detailed Drill Results - The assay results from various drill holes indicate multiple intersections of gold mineralization, with several holes reporting high-grade values: - Hole CA25-523: 0.9 g/t Au over 6.0 m [3] - Hole CA25-524: 5.9 g/t Au over 7.7 m, including 16.7 g/t Au over 2.1 m [4] - Hole CA25-531: 3.2 g/t Au over 12.5 m, including 7.0 g/t Au over 3.0 m [5] - Hole CA25-536: 111.5 g/t Au over 2.0 m, including 339.6 g/t Au over 0.5 m [6] Future Plans - Cartier plans to continue drilling to extend gold mineralization closer to the surface and evaluate new high-priority regional targets at the Contact Sector [8]. - An expansion of the drilling program is being considered to explore the eastern extension of the NCZ, with over 100,000 meters of drilling planned for 2026 [11].
Cartier Cuts 16.2 g/t Au over 3.5 m included in 5.9 g/t Au over 11.0 m at Contact (Cadillac); Extends Multiple High-Grade Gold Zones Near Surface
Globenewswire· 2025-12-02 12:30
VAL-D’OR, Quebec, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE: 6CA) is pleased to announce the fifth 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. Str ...