Cartier Resources Inc V.ECR

Alternate Symbol(s): ECRFF

Metals & Mining Gold

Cartier Resources Inc. is a Canada-based exploration company. The Company's activities primarily include the acquisition and exploration of mining properties. Its projects are located in Quebec. The Company is advancing the development of its flagship Chimo Mine Project and exploring its other projects. Its projects include Fenton, Wilson, Cadillac Extension and Dollier. The Company also has Benoist, MacCormack AND XSTRATA option projects. The Chimo Mine Project is comprised of the Chimo Mine and East Cadillac properties. The Chimo Mine Project's commodity is gold. The Chimo Mine property consists of approximately 12 contiguous claims covering an area of 334.44 hectares. The East Cadillac property consists of approximately 537 contiguous claims covering an area of 26,315.98 hectares. The Chimo Mine Project is held 100% by the Company. The Benoist property is composed of approximately 73 claims and includes commodities, such as gold and copper and silver by-products.

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Cartier Resources Inc > Why is Agnico Eagle supporting Cartier Resources?

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Comment by familyofficeguron Feb 25, 2022 9:03am

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Post# 34460913

RE:RE:Why is Agnico Eagle supporting Cartier Resources?

Cartier is floundering. It's not a meaningful investment for Agnico. Chimo is okay, everything else it not worth much at this point. I'm old enough to remember when Philippe was pretty certain Chimo would be sold with that updated resource estimate...now they are having to do a lot more work and spend a lot more money on it. Maybe at $2,500 gold it gets sold.

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