Tag: Quebec

Cartier Resources Announces $4.0 Million Bought Deal Flow-Through Private Placement and $2.0 Million Common Share Private Placement

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Cartier Resources

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 Intersects 7.6 g/t Au Over 3.3 Meters on Chimo, Extends 5NE Zone to a Depth of 400 m

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Cartier Resources

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

Cartier and SOQUEM Mobilize Two Drills for 7000-meter Drill Program on Fenton Property

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Cartier Resources

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that a 7000-meter drill program has been launched on the Fenton property, situated 50 km south-east of Chapais. Two drills will be employed for this program in order to explore the depth extension of the gold mineralization of the Fenton deposit (FIGURE). read more

Falco Files Feasibility Study Technical Report for Horne 5 Project

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Falco Resources Ltd. (TSX VENTURE: FPC) (“Falco” or the “Company”) is pleased to announce that it has filed today on SEDAR a National Instrument 43-101 technical report for its wholly-owned Horne 5 gold project located in Rouyn-Noranda, Québec. Falco’s news release dated October 16th, 2017 summarizes the assumptions and key results contained in the technical report. There are no material differences between the assumptions and estimates contained in Falco’s news release dated October 16th, 2017 pertaining to this property, from those contained in the technical report filed today. read more

Cartier Intersects 7.3 g/t Au Over 2.2 Meters on Chimo, Extends 5M4 Zone to a Depth of 500 m

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Cartier Resources

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that the first results of its 25 000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. Four drill holes, completed 700 m east of the former Chimo Mine workings and on the 5M Zone gold-bearing structure have intersected the 5M4 Zone (FIGURE). The best results are: 7.3 g/t Au/2.2 m included in 2.0 g/t Au/14.1 m and 5.8 g/t Au/2.4 m included in 1.5 g/t Au/14.0 m (see table below). read more