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

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

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.

For an interactive view of Cartier's 3D model showcasing the AI results, please use the link below:
https://vrify.com/decks/18798

Philippe Cloutier, President & CEO, stated: ″ We are very impressed by the results generated from DORA, VRIFY's AI-Assisted Mineral Discovery Platform. These results reveal potential extensions of known mineralization laterally and at depth, and more significantly, map out new subsurface zones of high prospectivity. We're particularly excited by the discovery of multiple areas that showed high prospective scores where little to no drilling or modern exploration efforts exist. ″ Adding, ″ We will drill these areas and have planned contingency drilling to follow up on successes. ″

″ Cartier's recent results are highly encouraging, particularly within the context of a mature, historically productive mining camp where multiple high-potential zones remain untested, ″ noted Steve de Jong, CEO and Co-Founder, VRIFY. ″ These outcomes highlight the strength of leveraging artificial intelligence as an exploration tool, demonstrating how AI-assisted analysis of geoscientific datasets can systematically identify targets that were previously overlooked by conventional methods. ″

Data Compilation and Feature Processing

The Company and VRIFY have collaborated to undertake extensive data aggregation and synthesis, leveraging sophisticated AI techniques to extract meaningful insights from a wide range of proprietary and publicly available datasets, including:

  • Over 158,000 drill hole assays from ~ 544,000 m of drilling contained in ~ 4,500 holes;
  • Surficial geochemistry including rocks, soils, glacial till, bark, and stream and lake sediments totalling over 8,500 individual assays;
  • Over 15,000 individual structural data points from regional and local bedrock mapping and down hole measurements;
  • Regional geophysics including magnetics, EM, and gravity providing continuous coverage over the entire Cadillac Property;
  • Several local high-resolution geophysical surveys including IP, ground and helicopter magnetics, and VLF data.

Using VRIFY's proprietary Feature Processing, a total of 148 additional geoscientific products were created and leveraged to enhance the predictive modelling at Cadillac (Figure 1). These products have been instrumental in providing additional geoscientific insights and have proven to hold considerable predictive power for target generation.

Data stack representing the raw regional and proprietary data sets at the Cadillac Property (left-hand side) and fully integrated data stack after VRIFY's Feature Processing (right-hand side).

Figure 1. Data stack representing the raw regional and proprietary data sets at the Cadillac Property (left-hand side) and fully integrated data stack after VRIFY's Feature Processing (right-hand side).

The Predictive Model and Target Generation

Through the use of DORA, the Company was able to run multiple experiments incorporating different data sets, metal thresholds, and AI parameters resulting in a fine-tuned predictive model over the entire land package. Due to the robust nature of Cartier's data set, DORA was also able to project VPS results at depth, revealing potential extensions of known mineralization and also mapping out new subsurface zones of high prospectivity. This resulted in the recognition of multiple areas that showed high VPS scores where there was previously little to no drilling or modern exploration efforts (Figures 2 and 3).

Cadillac AI model overview identifying target areas.
Figure 2. Cadillac AI model overview identifying target areas.

For each of the targets generated, VRIFY provided Cartier with a Feature Importance Table explaining the relative weight of influence each geoscientific input had on the prospectivity model for that area. This has allowed the Company's technical team to gain unbiased insights into the predictive power of its data sets and incorporate these insights into strategic decision making to inform their upcoming exploration campaign.

Feature Importance Table, Example Omicron Target.
Figure 3. Feature Importance Table, Example Omicron Target.

The Largest Ever Drill Program on Cadillac Property

Cartier is now fully funded for the largest-ever drill program on the Cadillac Property consisting of 100,000-m planned over the next 18 months. The drill program is set to begin late August 2025 and will include approximately 600 drill holes supported by two rigs focused on expanding known gold zones and testing new high-priority grassroots targets. Approximately 25% of the 100,000m is going to be dedicated to exploring targets generated by DORA, VRIFY's AI-Assisted Mineral Discovery Platform, alongside other litho-structural targets.

AI-Driven Exploration and Real-Time Insight

DORA, VRIFY's AI-Assisted Mineral Discovery Platform, uses a combination of proprietary algorithms and datasets, that include a wide variety of exploration features, to train predictive models. This platform leverages complex data relationships to predict mineral exploration targets, streamlining the process of identifying viable mineral systems that can then be further validated by geoscientists. The automation of target generation also allows trained models to be updated quickly with new data from ongoing exploration, as well as VRIFY's growing database, creating an iterative workflow to improve accuracy and results.

For more information, visit VRIFY.com.

Qualified Person

The scientific and technical content of this press release has been prepared, reviewed and approved by Mr. Ronan Déroff, P.Geo., M.Sc., Vice President Exploration, who is a ″Qualified Person″ as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (″NI 43-101″).

About Cartier Resources Inc.

Cartier Resources Inc. was founded in 2006 and is an advanced gold project exploration company based in Val-d'Or (Quebec, Canada). In 2024, Quebec ranked 5th among the best mining jurisdictions in the world (Fraser Institute). Cartier owns 100% of its flagship Cadillac asset and controls a significant land package of 25,000 ha. The Cadillac project is located approximately 40 km east of Val-d'Or and close to existing gold mills with available capacity.

The results of the recent Preliminary Economic Assessment 1 (PEA) demonstrate the economic viability of the project with an average annual gold production of 116,900 oz over a 9.7-year mine life. The current Mineral Resource Estimate 1 (MRE) totaling 7,128,000 tonnes at an average grade of 3.14 g/t Au for a total of 720,000 ounces of gold in the Indicated category and 18,475,000 tonnes at an average grade of 2.75 g/t Au for a total of 1,633,000 ounces of gold in the Inferred category .

1. NI 43-101 Technical Report and Preliminary Economic Assessment for Chimo Mine and West Nordeau Gold Deposits, Chimo Mine and East Cadillac Properties, Quebec, Canada, Marc R. Beauvais, P.Eng., of InnovExplo Inc., Mr. Florent Baril of Bumigeme and Mr. Eric Sellars, P.Eng. of Responsible Mining Solutions, May, 29, 2023 .

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.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/5ad669e7-8d18-4542-9a1a-159e1bc1a3f0
https://www.globenewswire.com/NewsRoom/AttachmentNg/18dcdfc3-f302-4cdf-9e26-c075350a6b86
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Advancing Cadillac Project: An emerging gold camp east of Val-d’Or in the prolific Abitibi Greenstone Belt

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

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Cartier Resources Inc. Announces AGM Election Results

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


The stock option plan of the Company (the " Plan ") as described in the Management Information Circular dated April 24, 2025 (the " Circular ") was approved by the shareholders at the meeting. The maximum number of shares issuable under the Plan is to represent a maximum of 10% of the shares issued and outstanding from time to time (on a non-diluted basis). For further information, the Circular is available for consultation on SEDAR+.

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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 Engages Rangefront Mining Services to Prepare NI 43-101 Technical Report on Gold Mountain Project; Site Visit Completed

Element79 Gold Engages Rangefront Mining Services to Prepare NI 43-101 Technical Report on Gold Mountain Project; Site Visit Completed

(TheNewswire)

Vancouver, BC TheNewswire - August 6, 2025 Element79 Gold Corp (CSE: ELEM,OTC:ELMGF | FSE: 7YS0 | OTC: ELMGF) ("Element79 Gold" or the "Company" ) is pleased to announce that it has formally engaged Rangefront Mining Services of Elko, Nevada to prepare a National Instrument 43-101 Technical Report ("NI 43-101 Report") for the Company's Gold Mountain Project located in Lander County, Nevada.

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RUA GOLD Expands Reefton Drill Program and Provides Strategic Outlook

RUA GOLD Expands Reefton Drill Program and Provides Strategic Outlook

Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to announce the commencement of an expanded drilling program at its Reefton Project on the South Island of New Zealand, and outlines the strategy for its fully funded 12-month exploration program. 

   

 Highlights: 

 

Robert Eckford, CEO of Rua Gold commented: "We closed Q2 2025 with $14 million in the treasury, placing us in a strong position to execute on our aggressive exploration plan in New Zealand. Over the past month, our Board and Management team have been focused on shaping the Company's strategy to transition us from an explorer to a developer.

With New Zealand's highly supportive permitting regime, our goal is to rapidly build ounces on our balance sheet and enter the "Fast Track Permitting Process" in 2026.

As our gold-antimony resource continues to grow rapidly - and with antimony at the top of every nations' critical minerals lists - the significance of this resource expansion and accelerated permitting is substantial for both Rua Gold and New Zealand"

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10755/261264_7a1d886224f7aab4_007.jpg

Figure 1: Conceptual Plan for Auld Creek Resource Expansion Drilling

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Figure 2: Alexander River long-section schematic 

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Reefton Goldfield Exploration Overview

The Reefton Goldfield is an orogenic district that produced 2Moz of gold at grades up to 50g/t up to the early 1900s. Rua Gold has assembled 120,000 hectares within this district that has seen limited drilling in the last 30 years. This goldfield is analogous in age, geology, mineralization style, and geological structure to that of Southern Cross Gold and the Fosterville Gold mine.

Auld Creek: Rua Gold commenced drilling at Auld Creek in December 2024 and has completed ~2,800 metres of drilling. The targeted program aims to add a further 4,000 metres of drilling across four mineralised shoots identified from surface exploration work (Figure 1). Following this, the resource will be refreshed and updated into the 43-101 report.

The Company is targeting an increase of the Auld Creek resource to over 300,000 gold-equivalent ounces by the end of 2025. This target is a global estimate based on current resource surface extension of 350 metres being extended over a 1km on surface at similar depths of 280 metres. Insufficient exploration to define a mineral resource has been completed to date and there is uncertainty if a mineral resource estimate will be delineated, therefore economic decisions should not be made on this target.

Auld Creek is situated between two past producing mines, Globe Progress mine, and the Crushington Group of mines which collectively produced 933,000oz at 14.0g/t Au (Barry 1993).

Cumberland: Initial drilling from Rua Gold confirms the consistency of the near-surface gold mineralization and supports the strong potential of this target. Ongoing drilling is targeting the southern surface extension 100m along strike and at depth. Intensified surface exploration is underway to delineate additional drill targets along the 2.5 km long gold mineralized shear zone.

Additional targets are currently being modelled and surveyed across the Reefton Goldfield, including Caledonia in the north, and Alexander River in the south. Caledonia represents a historical mine recording the highest grade production (9 oz/ton gold) in the Reefton Goldfield. It was abandoned early and represents a shallow development target.

"The first crushing yielded at the rate of 9 oz. per ton, with subsequent crushings averaging about 4 oz. per ton. The ore-shoot had a steep easterly dip, and pitched to the north at about 30°. It had an average length of about 180 ft. and a width of 3 ft." * Henderson 1917.

Alexander River returned historical production of 41Koz @ 26g/t Au, mining ceasing in 1942 due to WWII. Mineralization outcrops over 1.2kms, comprises high-grade quartz reefs and disseminated sulfides; predecessor Siren Gold drilled extensively along the structure, and intersected some exceptionally high-grade zones which remain open at depth (Figure 2 Alexander River long-section schematic).

An Inferred Resource 130koz @ 4.1g/t Au* has potential to develop along strike and at depth, remodeling and further drilling is a priority of the strategic plan.

*NI 43 101 Technical Report on the Reefton Project, New Zealand. Prepared for Rua Gold Inc, 30 October 2024.

Glamorgan Exploration Overview

Glamorgan on the North Island is an exciting new epithermal gold target. Rua Gold has completed extensive surface exploration over the past 12 months as a precursor to drill targeting. Four significant gold-arsenic soil anomalies trending north, north-east and north-northwest strike out individually over 4 kms in length. Drill applications have now been submitted and drilling is expected to commence in Q4 2025.

Results from the work to date indicate the classic features of a major epithermal gold-silver system and are identical to the surface features of neighboring OceanaGold Project, Wharekirauponga, which is currently in New Zealand's Fast Track Permitting process with a decision expected in Q4 2025.

Importantly, Rua Gold's Chief Operating Officer, Simon Henderson was a member of the exploration team that led to the discovery of Wharekirauponga and has more the 25 years working in the region.

New Marketing Agreements

Capital Gain Media Inc.: On August 4, 2025, the Company entered into an investor relations agreement with Capital Gain Media Inc. ("Capital Gain"). Pursuant to the investor relations agreement, Capital Gain has agreed to provide content development and digital marketing services. The investor relations agreement will remain in effect for five (5) months commencing on August 4, 2025. In accordance with the terms and conditions of the investor relations agreement and as consideration for the services provided by Capital Gain, the Company agreed to pay an aggregate cash fee of US$120,000, plus applicable taxes. As of the date hereof, to the Company's knowledge, Capital Gain (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company. Under the Capital Gain Agreement, the Company will not issue any securities to Capital Gain as compensation for its marketing service. Capital Gain provides investor relation services and the contact information for Capital Gain is: Capital Gain Media Inc., 1111 West Hastings Street, 15th Floor, Vancouver, BC V6E 2J3. The contact person of Capital Gain is Graham Colmer, email: admin@capitalgainmedia.com, phone: 1 (604) 379-8363.

Sidis Holdings: The Company has entered into a Services Agreement dated July 30, 2025 (the "Sidis Holdings Agreement") with Sidis Holdings pursuant to which Sidis Holdings has agreed to provide investor relations, market awareness campaigns and digital media support. Pursuant to the terms of the Sidis Holdings Agreement, such services are to be provided over a 6-month period, for a fee of US$120,000 plus applicable taxes. Sidis Holdings is a full-service marketing agency based in Hong Kong, and is headed by Francis Barker. As of the date hereof, to the Company's knowledge, Sidis Holdings (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company. Under the Sidis Holdings Agreement, the Company will not issue any securities to Sidis Holdings as compensation for its marketing service.

ABOUT Rua Gold

Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of Rua Gold's two highly prospective high-grade gold projects.

The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t.

The Company's Glamorgan Project solidifies Rua Gold's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining project, Wharekirauponga.

For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca.

TECHNICAL INFORMATION

Simon Henderson CP, AUSIMM, a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects and Chief Operating Officer and a director of Rua Gold, has reviewed and approved the technical disclosure contained herein. Mr. Henderson has verified the data disclosed by running checks on the location, analytical, and test data underlying the information in the technical disclosure herein.

Rua Gold Contact

Robert Eckford
Chief Executive Officer
Email: reckford@RUAGOLD.com
Website: www.RUAGOLD.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding: the Company's strategies, expectations, planned operations or future actions, including but not limited to exploration programs at its Reefton and Glamorgan projects and the results thereof. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, 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.

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FinEx Metals Commences Drill Program At Ruoppa Gold Project

FinEx Metals Commences Drill Program At Ruoppa Gold Project

(TheNewswire)

Vancouver, British Columbia, August 5, 2025 TheNewswire - FinEx Metals Ltd. (TSX-V: FINX) ("FinEx" or the "Company") is pleased to announce it has commenced diamond drilling on its 100% owned Ruoppa gold project, located in the Central Lapland Greenstone Belt of northern Finland.

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