Tag: V.ECR

Cartier Resources Inc. (TSX-V:ECR) (“Cartier” or the Corporation) is pleased to announce that it has intersected 8.5 g/t Au over 3.5 m, 205 m beneath the deepest stope at the former Chimo Mine, located 45 km east of Val-d’Or.  These new results were intersected at a depth of 1,050 m along the depth extensions of gold-bearing zones 5 which produced 2/3 of the ounces mined.  The intersection is the first from an 8,000-m deep drilling program which is part of the ongoing 34,000-m drill program on the property.[...] read more

Cartier Resources Inc. (“Cartier” or the “Company”) (TSX VENTURE:ECR) is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as the lead underwriter in connection with a bought deal underwritten private placement of 12,120,000 common shares of the Company issued on a flow-through basis (the “FT Shares”), at a price of $0.33 per FT Share, for gross proceeds of $3,999,600, as well as the sale on an “best efforts” agency basis of up to 10,000,000 common shares of the Company (the “Common Shares”), at a price of $0.20 per Common Share, for gross proceeds of up to $2,000,000. Collectively the FT Share offering and Common Share offering shall be known as the “Offering”.[...] read more

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce results of the 5NE Zone from its 25,000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. The 5NE Zone (5N Structure) was intersected 50 m north of the 5M4 Zone (5M Structure) (FIGURE). The best results are: 26.4 g/t Au over 0.9 m included within 7.6 g/t Au over 3.3 m and 5.4 g/t Au over 1.0 m included within 2.9 g/t Au over 2.4 m (refer to Table below).[...] read more