Northwire Canada EditionThursday, November 12, 2026
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 991.50 −5.2% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% TWO 0.340 −8.1% BIG 1.03 +8.4% VCG 1.06 −3.6% SCD 0.145 +0.0% GAL 0.370 −0.7% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 991.50 −5.2% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% TWO 0.340 −8.1% BIG 1.03 +8.4% VCG 1.06 −3.6% SCD 0.145 +0.0% GAL 0.370 −0.7%
Production / Operations

Cartier Builds on 2025 Success to Drive 2026 Growth

Agnico-Backed Cadillac Project Flexes Massive Resource Growth as 100,000-Meter Drill Program Shifts to High Gear

Executive Summary

The news release dated January 13, 2026, serves as a comprehensive operational summary of 2025 achievements and provides the 2026 outlook for Cartier Resources. Key highlights from 2025 include the delivery of a significantly expanded Mineral Resource Estimate (MRE) at the Cadillac Project, the launch of a massive 100,000-meter diamond drill program (with 20,000 meters completed to date), and the successful optioning of three non-core properties (Wilson, Fenton, and Benoist) to Exploits Discovery Corp for cash, shares, and work commitments.

The 2026 outlook anticipates a steady cadence of drill results, particularly from the North Contact Zone, testing of AI-generated targets, and the completion of metallurgical and environmental baseline studies by Q2/Q3 2026. These inputs are expected to feed into a new scoping study (PEA) scheduled for later in the year.

Material Impact

The impact of this specific news release is Routine - Positive as it confirms that the company is meeting its previously stated milestones and maintaining a robust exploration pace. While it does not contain new drill assays or resource figures not already disclosed in late 2025, it reinforces the following material developments:

  • Resource Scale: The December 2025 MRE update was the primary catalyst, increasing Measured and Indicated (M&I) resources to 767,800 oz Au (2.4 g/t) and Inferred resources to 2,416,900 oz Au (2.14 g/t). This provides a total resource base exceeding 3.1 million ounces.
  • Strategic Validation: The news highlights the $100M+ market cap milestone, which reflects growing investor confidence following the 2025 financing led by Agnico Eagle.
  • Financial De-risking: The option agreement with Exploits Discovery Corp removes the expenditure burden for non-core assets while retaining upside through a 2% NSR and a significant share position.
  • Operational Continuity: Completing 20,000 meters of a 100,000-meter program indicates the company is well-funded and technically capable of executing a large-scale campaign.
ECR · Price
Company Overview

Cartier Resources Inc. is focused on the Abitibi Gold Belt in Quebec. Its flagship Cadillac Project covers 14,000 hectares and 15 km of the prolific Larder Lake-Cadillac Fault Zone. The project includes the past-producing Chimo Mine. - M&I Resource: 9,953,000 tonnes @ 2.40 g/t Au (767,800 oz). - Inferred Resource: 35,185,000 tonnes @ 2.14 g/t Au (2,416,900 oz). - Infrastructure: The site benefits from existing shafts, ramps, and drifts from historical operations, plus proximity to local milling capacity in Val-d’Or.

Read the original news release →

More from Cartier Resources Inc.