Cartier Signs Agreement with Exploits Discovery To Option 100% of the Benoist, Fenton and Wilson Properties  

Cartier Signs Agreement with Exploits Discovery To Option 100% of the Benoist, Fenton and Wilson Properties  

 

Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR; FSE:6CA) is pleased to announce the execution of an agreement (the ″ Agreement ″) with Exploits Discovery Corp. (CSE: NFLD) (″ Exploits ″) to option 100% of its interests in three groups of exclusive exploration rights, located in the Province of Québec, commonly referred to as: (a) the ″Wilson project″ located in Lebel-sur-Quévillon (the ″ Wilson Property ″); (b) the ″Fenton project″ located in Chapais (the ″ Fenton Property ″); and (c) the ″Benoist project″ located in Miquelon (the ″ Benoist Property ″), together the ″ Properties ″.

 

During the four-year option period, Exploits shall have the sole and exclusive right and option to earn a 100% interest (the ″ Option ″) by paying Cartier an amount aggregating $1,750,000 in cash, issuing Cartier an aggregate of 9,250,000 common shares of Exploits and incurring not less than $12,250,000 in expenditures on the properties. The Agreement is conditional on Exploits obtaining all necessary regulatory approvals under the policies of the Canadian Securities Exchange (CSE) in connection therewith. Within ten (10) business days of the effective date, Cartier will receive an amount of $200,000 in cash and 1,750,000 common shares of Exploits. All shares issued to Cartier under the Agreement will be subject to a statutory four (4) month hold period.

 

Upon due exercise of the Option in respect of any of the Properties, Cartier will retain a 2.0% net smelter returns (″NSR″) production royalty (each, a ″ Royalty ″) over the applicable Property(ies). One-half of the Royalty (1.0% NSR) will be redeemable at the election of Cartier for a cash payment of $2,000,000 and the remaining half of the Royalty (1.0% NSR) will be redeemable at the election of Cartier for a cash payment of $20,000,000.

 

  About Cartier Resources Inc.  

 

 Cartier Resources Inc., founded in 2006, is an exploration company based in Val-d'Or. The Company's projects are all located in Québec, which consistently ranks among the world's top mining jurisdictions. Cartier is advancing the development of its flagship Cadillac project.

 

  Cautionary Statement  

 

  Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company's plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law  

 

For further information, contact:
Philippe Cloutier, P. Geo.
President and CEO
Telephone: 819-856-0512
  philippe.cloutier@ressourcescartier.com   
www.ressourcescartier.com  

 

  Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.  

 

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Advancing Cadillac Project: An emerging gold camp east of Val-d’Or in the prolific Abitibi Greenstone Belt

Cartier Unveils VRIFY-Generated AI Model Highlighting Key Discovery Targets Ahead of Largest-Ever Drill Program at Cadillac

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Cartier Resources Inc. (″ Cartier ″ or the ″ Company ″) (TSXV: ECR,OTC:ECRFF; FSE:6CA) is pleased to present its new predictive model for the Cadillac Project in the heart of the Val-d'Or mining camp, Quebec, created with Artificial Intelligence (″AI″) using VRIFY's AI-Assisted Mineral Discovery Platform, DORA. With robust geoscientific information from across the 14,000-ha Cadillac Property, the Company was able to unlock value from this data by leveraging VRIFY's proprietary algorithms and feature processing to generate a VRIFY Prospectivity Score (VPS) over the entire land package. The VPS is a probabilistic value, helping Cartier's team prioritize and guide a portion of the Company's upcoming 100,000-m drill program using an approach backed by data-driven insights.

 

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Cartier Awards All Contracts of Largest-Ever Drill Program on Cadillac

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Cartier Resources Inc. (TSXV: ECR; FSE: 6CA) ("Cartier″ or the "Company″) is pleased to announce it has awarded all contracts for its fully funded, 100,000-metre diamond drilling program at its 100%-owned Cadillac Project, located in the heart of the Val-d'Or mining camp, Quebec. This ambitious 18-month campaign is the largest ever undertaken on the project and marks a major step forward in Cartier's strategy to unlock the district-scale high-grade gold potential along the 15 km Cadillac Fault corridor.

 

The 100,000-metre diamond drilling program will include approximately 600 drill holes and be supported by two drill rigs. Targeting will focus on both expanding known gold zones and testing new high-priority grassroots targets identified through ongoing geological modelling and past exploration success. Permitting process is now underway and planned launch of program is anticipated for late August, 2025.

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Cartier Resources Inc. Announces AGM Election Results

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Cartier Resources Inc. (TSX-V: ECR) (" Cartier " or the " Company ") announces that at its annual general meeting of shareholders held on May 27, 2025, the following individuals were elected as directors of Cartier:

 
                     
  Name    Votes for    % For  
Myrzah Tavares Bello 52,547,290 98.17
Philippe Cloutier 53,412,290 99.79
Mario Jacob 53,412,290 99.79
Alain Laplante 53,388,268 99.74
Daniel Massé 53,412,290 99.79
Manuel Peiffer 53,388,268 99.74
 

 
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

 

Cartier Resources Inc. (TSX-V: ECR) (" Cartier " or the " Corporation ") is pleased to announce that it has closed its previously announced private placement with Paradigm Capital Inc. (the " Agent ") for aggregate gross proceeds of $8,395,176.11 (the " Offering ") through a combination of: (i) 27,473,627 units of the Corporation issued on a charitable flow-through basis qualifying as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec)) (the " Premium FT Units ") at $0.182 per Premium FT Unit for gross proceeds of $5,000,200.11; and (ii) 26,115,200 units of the Corporation (the " Hard Dollar Units ") issued at $0.13 per Hard Dollar Unit for gross proceeds of $3,394,976.

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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES.

 

Cartier Resources Inc. (TSX-V: ECR) (" Cartier " or the " Corporation ") announces the execution, on March 31, 2025, of an amending agreement (the " Amending Agreement ") further to the engagement letter dated March 20, 2025 between Paradigm Capital Inc. (the " Agent ") and the Corporation (the " Engagement Letter ") with respect to its previously announced "best efforts" private placement offering of securities of Cartier (the " Offering ").

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Element79 Gold Corp Welcomes Michael Smith as Vice President, Corporate Development

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(TheNewswire)

 
     
  Element79 Gold Corp. 
          
 

Vancouver, BC TheNewswire - July 21, 2025 - Element79 Gold Corp. (CSE: ELEM,OTC:ELMGF | FSE: 7YS0 | OTCQB: ELMGF) ("Element79 Gold" or the "Company") is pleased to announce the appointment of Michael Smith as Vice President, Corporate Development, engaged under contract to support the Company's renewed growth trajectory and strategic capital markets initiatives.

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(TheNewswire)

 
 
 
 

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(TheNewswire)

 
     
  Element79 Gold Corp. 
          
 

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