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Cartier Resources Inc V.ECR

Alternate Symbol(s):  ECRFF

Cartier Resources Inc. is a Canada-based exploration company focused on the Abitibi gold belt in Quebec. The Company’s projects include Mine Chimo, Benoist, Fenton, Wilson, Cadillac Extension, Dollier and MacCormack. It focuses on the Chimo Mine property, which is situated approximately 50 kilometers (kms) south-east of Val-d’Or. It consists of approximately 599 contiguous claims covering an area of 29,523 hectares (ha). It owns a 100% interest in Benoist property, which is situated in Miqeuelon, Quebec, which consists of 73 mining titles. The Fenton Project consists of approximately 18 contiguous cells, which is situated in Chapais, Quebec. The Wilson Project consists of approximately 42 mining titles, which is situated around 15 km east of Lebel-sur-Quevillon, Quebec. Cadillac Extension property consists of around 39 claims. Its Dollier project consists of approximately 40 contiguous cells covering 2,228 hectares, which is situated around 30 km south-southeast of Chibougamau, Quebec.


TSXV:ECR - Post by User

Post by CruxInvestoron Sep 02, 2020 12:12pm
148 Views
Post# 31494517

Crux Investor Interview

Crux Investor Interview Here is the link to our recent interview with $ECR on Meticulous Abitibi Gold Explorer Nears PEA: https://youtu.be/XVDvWiVWpPg

 A mining company with credibility at its core? Cartier Resources is a CVE-listed gold exploration company situated in the renowned Abitibi Gold Belt. Since we last spoke to Cloutier around a month ago, the share price has doubled. A lot of sceptical investors will put that purely down to the gold bull run, but growth remains impressive.

Capital is predominantly being absorbed by gold producers, with some now trickling down to the gold explorers, but the explorers need to be doing the right things in the first place in order to attract interest from the market. The company's flagship Chimo Gold Mine is being developed meticulously, and a PEA is just around the corner. Cartier Resources has raised $9.3M of flowthrough capital since we last spoke, and now has around $14M in the treasury to put into the ground and create catalyst moments.

The market cap is now around $65M, and Cloutier is pleased to see Cartier Resources finally being valued close to what he thinks it deserves.
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