Northwire Canada EditionMonday, August 3, 2026
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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Cartier Discovers Multiple Shallow High-Grade Gold Zones at Cadillac; Cuts 54.6 g/t Au over 1.0 m and 4.4 g/t Au over 6.0 m; Extends North Contact Zone 500 Meters East on Strike

Agnico-Backed Explorer Extends High-Grade Cadillac Strike as Drill Program Eyes Massive 250,000-Meter Expansion

By The Northwire Desk — AI Analysis Feb 03, 2026 · 07:30 ECR · 0.26 Cartier Resources Inc.
Executive Summary

The most recent news release (February 3, 2026) details the seventh batch of drill results from the ongoing 100,000-meter program at the Cadillac Project. Key results include shallow, high-grade intercepts: 54.6 g/t Au over 1.0 m (NC1 Zone) and 4.4 g/t Au over 6.0 m (NC3 Zone). Critically, the company has extended the North Contact Zone (NCZ) by 500 meters to the east along the strike of the Héva Fault. Based on these results, management is preparing to increase the total drilling campaign from 100,000 meters to 250,000 meters. This follows the January 28, 2026, filing of an updated Mineral Resource Estimate (MRE) which reported a 48% increase in Inferred resources.

Material Impact
  • Resource Growth Potential: The 500-meter strike extension to the east is significant as it demonstrates continuity in a previously underexplored sector. The fact that visible gold was noted over 1 km of the Héva Fault suggests a robust mineralizing system.
  • Program Scaling: Moving from a 100,000m to a 250,000m program is a massive leap in operational intensity. This indicates high confidence from management and likely support from strategic partners (Agnico Eagle) to fund such an aggressive campaign.
  • Economic Context: The discovery is shallow (near-surface), which is material for future project economics as it suggests lower stripping ratios or easier access for initial production phases.
  • Grade vs. Width: While 54.6 g/t is eye-catching, it is over a narrow 1.0-meter interval. Factual analysis must temper excitement; narrow high-grade veins require significant density to build mineable stopes. The 4.4 g/t over 6.0 m is actually more meaningful for tonnage.
ECR · Price
Company Overview
  • Company: Cartier Resources Inc. is a Quebec-based explorer focused on the Abitibi Greenstone Belt.
  • Flagship Project: The Cadillac Project, 100% owned, covering 15 km of the Cadillac Fault. It includes the past-producing Chimo Mine.
  • Current Resources (Nov 2025 MRE):
  • Measured & Indicated: 767,800 oz Au (2.4 g/t)
  • Inferred: 2,416,900 oz Au (2.14 g/t)
  • Note: 88% of the resource is underground-constrained.
Read the original news release →

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