Northwire Canada EditionTuesday, July 14, 2026
Northwire
FAIR 0.055 +22.2% SVRS 0.430 +0.0% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.320 −3.0% BUFF 0.770 +2.7% TKO 10.84 +8.8% MINK 0.115 +9.5% LCE 0.250 +0.0% AEF 0.160 +0.0% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9% KC 0.260 −3.7% NOVA 0.170 +3.0% FAIR 0.055 +22.2% SVRS 0.430 +0.0% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.320 −3.0% BUFF 0.770 +2.7% TKO 10.84 +8.8% MINK 0.115 +9.5% LCE 0.250 +0.0% AEF 0.160 +0.0% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9% KC 0.260 −3.7% NOVA 0.170 +3.0%
Drill Results Material +

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.

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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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