Cartier Resources looks back at 2025, ahead to 2026

Executive Summary

• Cartier Resources Inc. provided a comprehensive review of its 2025 accomplishments and outlined its strategic growth plans for 2026, focusing on the Cadillac gold project.
• The company reported a significant increase in its gold resource estimates, with measured and indicated resources growing by 7% and inferred resources growing by 48% compared to previous estimates.
• Key operational milestones included the launch of a major 100,000-metre diamond drill program, the awarding of metallurgy and environmental baseline studies, and the optioning of three properties to Exploits Discovery Corp.

Key Details

• Resource Growth (Cadillac Project):
  • Measured and Indicated: 9,953,000 tonnes at 2.40 g/t Au for 767,800 ounces (7% increase).
  • Inferred: 35,185,000 tonnes at 2.14 g/t Au for 2,416,900 ounces (48% increase).
  • Note: These figures reference a press release dated Dec. 18, 2025.
• Exploration Activities:
  • Launched a 100,000-metre diamond drill program, described as the most ambitious campaign to date.
  • Drilling is on schedule and on budget, with high-grade results steadily expanding known zones.
  • The first 20,000 metres of drilling defined the North Contact zone with multiple high-grade gold intersections.
  • Planned to test AI-generated targets in 2026 to add precision to exploration strategy.
• Strategic Partnership (Exploits Discovery Corp.):
  • Optioned rights to three properties (Wilson, Fenton, and Benoist) to Exploits Discovery Corp.
  • Earn-in Terms: Exploits can earn 100% interest by:
    • Paying $1.75 million in cash.
    • Issuing 9.25 million common shares of Exploits.
    • Incurring not less than $12.25 million in expenditures on the properties.
  • Option period is four years.
• Project Development & Studies:
  • Awarded mandates to high-level independent engineering firms for metallurgy studies and environmental baseline studies.
  • Studies are scheduled for delivery in Q2 and Q3 of 2026.
  • Planning to run new iterations and model simulations on the updated resource for a scoping study, incorporating strengthened gold price assumptions.
• Financial & Corporate Status:
  • Reached a market capitalization above $100 million.
  • Secured significant financing to support execution of plans.
  • Initiated restructuring of the management team.
  • Launched a new website and increased marketing efforts.

Notable Quotes

• Philippe Cloutier, President and CEO: "As we look ahead, 2026 is expected to be another highly active year for Cartier as we continue to advance and enhance the Cadillac project toward its next stage of development. While the coming months will present both challenges and strategic opportunities, we believe our disciplined approach and focused execution will position the company to create long-term value and deliver meaningful rewards for Cartier's shareholders."
• Ronan Deroff, VP, Exploration: "Two thousand twenty-five was a highly value-accretive year for the Cadillac project, significantly advancing its geological understanding and growth potential... Importantly, these results are not yet reflected in the current mineral resource estimate, highlighting meaningful upside potential."