Cartier Publishes its First Mineral Resource Estimate of the Central Gold Corridor on the Chimo Mine property
Highlights:
Tag: Quebec
Cartier Resources: Ready for its 43-101 Close-up
Junior mineral explorers tend to rush out news of their discoveries and their resource estimates. A 43-101 Resource Estimate encourages a company’s investors and, in theory, makes it easier to raise money to continue development. But the market has to be able to hear the news.
Cartier Awards Mandate for NI 43-101 Resource Estimate on Chimo Mine Project
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) has awarded GeoPointCom the mandate to complete an initial resource estimate and a supporting NI 43-101 technical report for its 100% owned flagship Chimo Mine gold project located 45 kilometers east of Val-d’Or, Quebec.
Cartier Resources: Building Economic Gold Ounces at Chimo, Quebec
There are huge advantages to a brownfield project. Past producing mines come with a valuable legacy of geological and engineering data that is backed by production numbers and, sometimes, leftover mineralization. On the Chimo Mine project this is the case since the mine was closed due to weak gold prices and not lack of mineralization. Factor that in with underground infrastructure that can be readily rehabilitated and it becomes a manageable challenge to prove up the “blue sky”. That’s what Cartier Resources (V.ECR) has been up to in the last two years.
Cartier Purchases NSR Royalty for Chimo Mine Property
Cartier Resources Inc. (TSX-V: ECR) reports it has purchased from Louvem Mines Inc. a 2% NSR (Net Smelter Return) royalty for the Chimo Mine property, located 45 km east of Val-d’Or, in consideration for a purchase price of CDN $350,000.
Cartier Cuts 5.6 g/t Au over 8.5 m in Zone 5M4 at Chimo Mine
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) reports drill results grading 5.6 g/t Au over 8.5 m including 9.9 g/t Au over 3.0 m and 8.3 g/t Au over 2.5 m. These intersections are hosted within in a mineralized envelope over 27.8 m grading 2.5 g/t Au in Zone 5M4 of the Chimo Mine property, located 45 km east of Val-d’Or (FIGURE).
World Class Announces Listing on Frankfurt Stock Exchange
World Class Extractions Inc. (CSE: PUMP) (the “Company” or “World Class”) is pleased to announce that its common shares are now listed on the Frankfurt Stock Exchange and are trading under the ticker symbol “WCF” and “WKN: A2PF9C”. The Company’s common shares continue to be listed on the Canadian Stock Exchange under the ticker symbol “PUMP”.
Cartier Resources Overview
Excellent article looking at all Cartier Resources’ projects over at CEO.CA:
Cartier Cuts 7.7 g/t Au over 3.6 m in Zone 6N1 at Chimo Mine
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) reports drill results grading 7.7 g/t Au over 3.6 m included within a 17.1 m section grading 2.8 g/t Au. in the Zone 6N1 of the Chimo Mine property, located 45 km east of Val-d’Or.
Cartier Resources: 2019 is Chimo’s year
We’ve reported the progress of Cartier Resources (V.ECR) at its Chimo Mine project in Val-d’Or Quebec. It is a story which actually began long before Cartier acquired the rights to the mine.