Cartier Resources begins Cadillac environmental studies

Mr. Philippe Cloutier reports CARTIER BEGINS THE INITIAL ENVIRONMENTAL BASELINE STUDIES AT CADILLAC Cartier Resources Inc. has awarded the contract for beginning the first environmental baseline studies for the Cadillac project and an initial evaluation of economic assessment of the past-producing Chimo mine tailings to Stantec, a global leader in sustainable design and engineering. The baseline studies will be divided into two distinct parts, which include: (1) environmental baseline desktop study; and (2) preliminary environmental geochemical characterization. "These initial baseline studies will form a foundation for Cartier by providing a comprehensive understanding of the current environmental conditions and identifying potential impacts of future development planning of the Cadillac project. The results will help guide our advancing strategies in a responsible and sustainable manner, enabling the design and implementing operations that minimize environmental impact while optimizing the economic potential of the project," said Philippe Cloutier, president and chief executive officer of Cartier. "We continue to advance the Cadillac project with a dual-focus strategy: drilling an ambitious 100,000-metre drilling campaign that combines the extensions of known gold zones and the exploration of new high-priority targets, identified using cutting-edge AI technology through our collaboration with VRIFY and now launching of the foundational environmental baseline studies. These efforts will be conducted simultaneously, with the potential for additional work emerging as the project advances," said Ronan Deroff, vice-president of exploration of Cartier. Below is the description of the different parts. Part 1 -- environmental baseline desktop study The environmental desktop study aims to document and characterize the potential environmental constraints on the Cadillac project footprint. This approach identifies potential environmental issues, such as atmospheric conditions, surface and groundwater management, wetlands and natural environments, terrestrial, avian and aquatic fauna, as well as land uses. The approach consists of a rigorous document review that will allow for planning the future general development of the Cadillac project, identifying sensitive areas and minimizing environmental impacts. This first step will permit to plan a comprehensive field work as a next step to the environmental baseline studies. All the information will be sufficiently comprehensive to serve as a basis for drafting Chapter 20 of a possible update to the preliminary economic assessment (PEA). Part 2 -- preliminary environmental geochemical characterization The preliminary environmental geochemical characterization study aims to assess the potential geochemical risks of the waste rock and ore that will be extracted from the operations, as well as the tailings generated during ore processing. In accordance with the criteria of the Guide de caracterisation des residus miniers et du minerai (GCRMM), geochemical characterization is used to classify mining materials in terms of their acid generation and metal leaching potential. Static tests will be conducted on approximately 50 samples representative of the various lithologies present on the site to determine appropriate management methods for these materials, in accordance with the guidelines of Directive 019 of the Ministere de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (MELCCFP). Part 3 -- assessment of the economic assessment of the past-producing Chimo mine tailings This assessment aims to determine whether economic recovery of the Chimo mine tailings is feasible, considering its geochemical, granulometric and metallurgical characteristics. The study will consist of systematic sampling, with approximately 550 sample sites planned to cover the entire tailings facility. All required authorizations to perform the sampling will be obtained prior to the fieldwork. Qualified person The scientific and technical content of this news release has been prepared, reviewed and approved by Ronan Deroff, PGeo, MSc, vice-president of exploration, who is a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. About Stantec Stantec is a global leader in sustainable engineering, architecture and environmental consulting. It empowers clients, people and communities to rise to the world's greatest challenges at a time when the world faces more unprecedented concerns than ever before. Stantec trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol STN. About the Cadillac project The Cadillac project, covering 14,000 hectares along a 15-kilometre stretch of the Cadillac fault, is one of the largest consolidated land packages in the Val d'Or mining camp. Cartier's flagship asset integrates the historic Chimo mine and East Cadillac projects, creating a dominant position in a world-class gold mining district. With excellent road access, year-round infrastructure and nearby milling capacity, the project is ideally positioned for rapid advancement and value creation. Using a gold price of $1,750 (U.S.) per ounce (oz), a preliminary economic assessment demonstrated the economic viability of a two-kilometre segment, compared with the 15 kilometres that will be the subject of the 100,000-metre drilling program, with an average annual gold production of 116,900 oz over a 9.7-year mine life. Indicated resources are estimated at 720,000 ounces (7.1 million tonnes at 3.1 grams per tonne (g/t) gold (Au)) and inferred resources at 1,633,000 ounces (18.5 million tonnes at 2.8 g/t Au). Please see the National Instrument 43-101 "Technical Report and Preliminary Economic Assessment for Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac Properties, Quebec, Canada," Marc R. Beauvais, PEng, of InnovExplo Inc., Florent Baril, of Bumigeme, and Eric Sellars, PEng, of Responsible Mining Solutions, effective May 29, 2023. About Cartier Resources Inc. Cartier Resources, founded in 2006 and headquartered in Val d'Or, Que., is a gold exploration company focused on building shareholder value through discovery and development in one of Canada's most prolific mining camps. The company combines strong technical expertise, a record of successful exploration and a fully financed program to advance its flagship Cadillac project. Cartier's strategy is clear: unlock the full potential of one of the largest undeveloped gold landholdings in Quebec.