Northwire Canada EditionSaturday, October 17, 2026
Northwire
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
Drill Results

Cartier Discovers New Porphyritic Intrusion-Related Gold System in Pontiac Sediments with 5.2 g/t Au over 5.0 m and 1.2 g/t Au over 25.5 m at Hope Target (Cadillac); Large Scale Gold Mineralization Exploration Potential

Cartier Unlocks New Porphyry Gold System as 100,000m Drill Program Hits High-Grade Strides

Executive Summary

The most recent news (March 25, 2026) announces the discovery of a new "Porphyritic Intrusion-Related Gold System" at the Hope Target within the Cadillac Project. Significant intercepts include 5.2 g/t Au over 5.0 m and 1.2 g/t Au over 25.5 m. This follows a string of positive results from the ongoing 100,000-meter drill program, including the discovery of the North Simon Zone (7.1 g/t Au over 8.0 m) and high-grade extensions at the Nordeau Sector (54.6 g/t Au over 1.0 m).

Material Impact

The discovery of a porphyry-style system is a Material - Positive development. Historically, the Cadillac Project was viewed through the lens of shear-hosted mineralization along the Cadillac Fault. This news confirms a fourth distinct style of mineralization, significantly increasing the "blue-sky" exploration potential of the 15 km strike length. - Resource Growth: The company recently updated its Mineral Resource Estimate (MRE) in late 2025, showing 767,800 oz (M&I) and 2,416,900 oz (Inferred). The new results from the Hope, Portal, and Nordeau sectors are not yet included in these figures, suggesting a substantial upward revision is likely in the next MRE. - Strategic Flexibility: The discovery of shallow, high-grade zones (like the North Simon Zone near historical infrastructure) improves the potential economics for a restart, as these could provide early-stage, low-cost feed.

ECR · Price
Company Overview

Cartier Resources is focused on the Cadillac Project in the Val-d’Or mining camp, Quebec. The project covers 15 km of the Cadillac Fault and includes the past-producing Chimo Mine. The project is characterized by existing infrastructure (shaft, ramp) and a large, growing gold resource currently exceeding 3.1 million ounces across all categories.

Read the original news release →

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