Cartier Resources: 3 Gold Projects in the Abitibi Greenstone Belt
Cartier Resources (ECR.V) is a multi-project exploration company operating in Quebec’s prolific Abitibi Greenstone Belt. CEO Philippe Cloutier spoke to me on the phone a few days ago.
Tag: Cartier Resources
Cartier Resources: Chimo Mine, 2 Million Gold Ounces on the Cadillac Break
Cartier Resources (V.ECR) has released a third, updated, resource estimate for its Chimo Mine Project: 684,000 indicated and 1,358,000 inferred gold ounces with the potential for more gold ounces in all directions and at depth. This pushes the Chimo Mine project over the 2-million-ounce mark.
Cartier at Chimo: A Mine Within a Mine
For the longest time, Cartier Resources (V.ECR) has been reporting high-grade gold from its Chimo Mine project. A couple of meters of +10 grams per ton (gpt) here and 16 gpt there. But it has never been the headline number for the Cartier press releases.
Cartier: Bringing in the Million
Cartier Resources’ (V.ECR) announcement of a revised 43-101 Resource Estimate with over one million ounces indicated and inferred at its Chimo mine in Quebec was not actually a surprise. CEO Philippe Cloutier told motherlodetv.net what the company was going to do back in February,
Cartier Resources: Doing the work to make a mine
Philippe Cloutier, CEO of Cartier Resources (V.ECR), understands that investors want a company to do what it says it is going to do. At the Chimo Mine project in Quebec, Cartier developed a plan which Cloutier was confident would position the past-producing mine for a new life as a gold producer.