Northwire Canada EditionTuesday, July 14, 2026
Northwire
FAIR 0.055 +22.2% SVRS 0.430 +0.0% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.320 −3.0% BUFF 0.770 +2.7% TKO 10.84 +8.8% MINK 0.115 +9.5% LCE 0.250 +0.0% AEF 0.160 +0.0% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9% KC 0.260 −3.7% NOVA 0.170 +3.0% FAIR 0.055 +22.2% SVRS 0.430 +0.0% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.320 −3.0% BUFF 0.770 +2.7% TKO 10.84 +8.8% MINK 0.115 +9.5% LCE 0.250 +0.0% AEF 0.160 +0.0% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9% KC 0.260 −3.7% NOVA 0.170 +3.0%
Drill Results Material +

Cartier Extends Mineralized System 4 km East of Main; Cuts 23.2 g/t Au over 1.0 m at Nordeau (Cadillac); Expands High-Grade Gold Near Surface at East Nordeau Zone

Agnico-backed Cartier aggressively expands Cadillac footprint as 100,000-meter drill program delivers high-grade continuity.

Executive Summary

The most recent news (February 18, 2026) reports the eighth batch of results from Cartier’s massive 100,000-meter diamond drilling program at the flagship Cadillac Project in Quebec. Key highlights include the extension of the mineralized system 4 km east of the "Main Sector" and a high-grade intercept of 23.2 g/t Au over 1.0 m at the Nordeau Sector. This follows a flurry of positive updates in early February, including the definition of the "North Contact Zone" (NCZ) and the filing of an updated NI 43-101 technical report showing a 48% increase in Inferred resources. Management also indicated they are evaluating expanding the current drill program to 250,000 meters.

Material Impact

The impact is Material - Positive for three reasons: - System Extension: Extending mineralization 4 km east of the historical Chimo mine core demonstrates that the Cadillac Project is evolving from a single-mine prospect into a camp-scale system. - Resource Growth Confidence: The consistency of hitting high-grade gold (23.2 g/t, 54.6 g/t, and 111.5 g/t in various batches) confirms the geological model used for the January 2026 resource update, which now sits at ~3.18 million total ounces. - Strategic Validation: The continued reporting of high-grade results near surface (Nordeau and North Contact sectors) suggests potential for lower-cost open-pit or shallow underground development, which may significantly improve the metrics of the upcoming 2026 Preliminary Economic Assessment (PEA).

ECR · Price
Company Overview

Cartier Resources is a Val-d’Or based explorer focused on the Cadillac Project, which consolidates 15 km of the prolific Larder Lake-Cadillac Fault. - Flagship: Cadillac Project (Quebec), which includes the past-producing Chimo Mine. - Resource: 767,800 oz M&I (2.4 g/t Au) and 2,416,900 oz Inferred (2.14 g/t Au). - Infrastructure: The project benefits from historical underground infrastructure (shaft, ramp) and proximity to numerous mills in the Val-d'Or camp.

Read the original news release →

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