Northwire Canada EditionTuesday, August 11, 2026
Northwire
CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%
Drill Results

Cartier Cuts 11.0 g/t Au over 9.0 m including 30.2 g/t Au over 2.5 at Contact (Cadillac); Continues to Expand High-Grade Gold North Contact Zone near Surface

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Executive Summary

On October 21, 2025, Cartier Resources announced the third batch of drill results from its fully funded 100,000-metre drill program at the Cadillac Project in Quebec. The results are from the Contact Sector, specifically the North Contact Zone.

The highlight intercept was in hole CA25-530, which returned 11.0 g/t gold over 9.0 metres, including a higher-grade sub-interval of 30.2 g/t gold over 2.5 metres. Visible gold was noted in this and other mineralized intervals. The company stated these results continue to expand the high-grade gold mineralization of the North Contact Zone near the surface.

Material Impact

This news is materially positive and represents a strong continuation of the successful drill program initiated in late August 2025. The key intercept of 11.0 g/t Au over 9.0 m (a grade-thickness of 99) is robust and demonstrates the economic potential of the North Contact Zone.

Reviewing the historical context, Cartier has executed its strategy methodically: - Late 2024 - Early 2025: The company pivoted to a new, aggressive strategy focused on its flagship Cadillac Project, announcing a massive 100,000-metre drill program and a plan to divest non-core assets. - April 2025: Cartier successfully secured full funding for this program by raising $11.4 million. Crucially, major gold producer Agnico Eagle Mines participated significantly, increasing its ownership to 27.2%, a powerful third-party validation of the project's potential. - June - September 2025: The company began executing its plan by divesting non-core assets (June 3), initiating AI-driven targeting with Vrify (July 10), starting the drill program (August 28), and commencing key de-risking activities like environmental and metallurgical studies (September 9 and 30). - September 23 & October 7, 2025: The first two batches of drill results from the new program were positive, hitting high-grade, near-surface gold in both the Contact and Main sectors.

This most recent release builds directly on that momentum. It confirms the continuity of high-grade mineralization in the Contact Sector, a zone previously identified for its potential as a low-cost, near-surface operation. The results are in line with, and arguably stronger than, the previous announcements from this program, reinforcing the thesis that a substantial, high-grade gold system exists on the property. The market expects consistent, positive drill results during a large program like this, and management is delivering exactly that. This steadily de-risks the project and adds potential ounces to the existing resource.

ECR · Price
Company Overview

Cartier Resources is a Canadian gold exploration company focused on advancing its 100%-owned flagship Cadillac Project, located in the prolific Val-d’Or mining camp in Quebec. The project consolidates the past-producing Chimo Mine property with adjacent land, covering a 15 km strike length of the Larder Lake-Cadillac Fault. The project hosts a NI 43-101 compliant resource (effective May 2023) of 720,000 ounces Indicated at 3.1 g/t Au and 1,633,000 ounces Inferred at 2.8 g/t Au. The company is currently executing a fully funded, 100,000-metre drill program aimed at expanding the existing resource and making new discoveries on the property.

Read the original news release →

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