Northwire Canada EditionWednesday, August 5, 2026
Northwire
LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

Cartier Cuts 29.6 g/t Au over 1.7 m And 13.2 g/t Au over 1.0 m and Unlocks Two New High-Grade Gold Zones in Strategic Gap Between Chimo and East Chimo Deposits at Main (Cadillac)

Agnico-Backed Explorer Connecting High-Grade Zones at Flagship Chimo Mine Project

Executive Summary

On January 20, 2026, Cartier Resources announced the sixth batch of results from its ongoing 100,000-meter drill program at the Cadillac Project in Quebec. The drilling focused on the "Main Sector," specifically the strategic gap between the Chimo and East Chimo deposits.

Key highlights include: - New Zone Discovery: Two new high-grade gold zones (5B3 and 5C3) were identified. - High-Grade Intervals: - Hole CA25-300: 29.6 g/t Au over 1.7 m (5B3 Zone). - Hole CA25-303: 13.2 g/t Au over 1.0 m (5C3 Zone). - Surface Confirmation: The 5B4 Zone was confirmed to extend to the surface with intervals like 4.9 g/t Au over 3.1 m. - Continuity: The results demonstrate mineralization continuity in the underexplored area between two major deposits (Chimo and East Chimo). - Operational Context: Drilling has now shifted west of the historical shaft to an underexplored area.

(Note: The provided data contained a news release for "LaFleur Minerals Inc." dated the same day. This appears to be data contamination and was excluded from this analysis to focus solely on Cartier Resources.)

Material Impact

This news is Material - Positive. While drill results are frequent for active explorers, these specific results are strategically significant for three reasons: 1. Resource Unification: The discovery of high-grade zones in the "gap" area supports the geological thesis that the Chimo and East Chimo deposits may be connected. Proving continuity here could allow for a more unified, efficient mine plan rather than disparate satellite operations, significantly improving the economics in the upcoming Preliminary Economic Assessment (PEA). 2. Grade Quality: Intercepts of nearly 30 g/t Au are substantial and help balance the lower-grade bulk tonnage material, potentially increasing the average feed grade. 3. Capital Efficiency: Confirming mineralization near the surface (5B4 Zone) suggests potential for lower-cost starter pits or accessible ramp entry, which reduces initial capex requirements.

This release validates the aggressive 100,000m drill program strategy and directly supports the resource expansion narrative following the massive 48% increase in Inferred Resources announced in December 2025.

ECR · Price
Company Overview
  • Company: Cartier Resources Inc. (TSXV: ECR) is a Val-d'Or, Quebec-based exploration company focused on gold.
  • Flagship Project: The Cadillac Project (100% owned).
    • Location: 15 km of the prolific Larder Lake-Cadillac Fault Zone in the Val-d'Or mining camp.
    • Asset: Includes the past-producing Chimo Mine (produced ~379k oz Au).
    • Infrastructure: Excellent access to roads, power, and skilled labor.
    • Resource (Dec 2025 Update):
      • Measured & Indicated: 767,800 oz Au (9.95 Mt @ 2.40 g/t).
      • Inferred: 2,416,900 oz Au (35.19 Mt @ 2.14 g/t).
      • The December update was a major milestone, increasing Inferred ounces by 48%.
Read the original news release →

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