Cartier Resources Inc.

Published : February 02nd, 2012

Provides 2011 Review and 2012 Plan

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Copper | Gold |

Marketwire

 
 
Cartier Resources Inc.
TSX VENTURE: ECR
Other Recent News | Printer Friendly Version

February 2, 2012
Cartier Provides 2011 Review and 2012 Plan
VAL-D'OR, QUEBEC--(Marketwire - Feb. 2, 2012) - Cartier Resources Inc. (TSX VENTURE:ECR) (" Cartier ") is pleased to provide a review of 2011 while looking forward to key near term milestones the Company expects to achieve in 2012.

Philippe Cloutier, President and CEO stated: "2011 has been the transitional year we wanted for Cartier. We added value to key projects. For example, on Dollier, we started the year with a surface showing and drilled 28 holes, at year end we could see the mineralized zone developing at depth and laterally. On Cadillac Extension, results were even more conclusive as the Langlade deposit now shows a potential for a resource, and new discoveries provide upside for the eastern portion of the project. "

Cartier developed a three-year plan to achieve important milestones. 2012 starts with drilling on the high profile Cadillac Extension project. "We intend to acquire two new advanced projects and are confident that Cartier will have at year end achieved significant steps toward providing our investors with resource based projects."

2011 highlights on key projects:

----------------------------------------------------------------------------
                      2011 Review                       2012 Plan           
----------------------------------------------------------------------------
Cadillac    - Expansion of the surface       - Results of the Phase 1 -     
 Extension  expression with significant Cu-  Langlade drill program         
            Zn-Ag-Au surface channel         - Phase 2 - Drilling on        
            results on Langlade deposit      Langlade for depth continuity  
            (September 28th) and new         - Results of metallurgic tests 
            discoveries over the eastern     from Langlade Deposit          
            part of the project (October     - Reconnaissance Drill program 
            6th)                             on new eastern targets         
            - Completed Phase 1 drill                                       
            program on Langlade deposit (10                                 
            holes for 1,238 meters)                                         
            (November 8th)                                                  
----------------------------------------------------------------------------
Dollier     - Two drill programs (28 holes   - Results of Phase 2 Drill     
            / 3,233 m)                       Program                        
            - Results of the Phase 1         - Seek partner for this drill- 
            confirm the lateral and depth    ready project                  
            continuity of Main Gold Zone                                    
            (May 3rd 2011)                                                  
----------------------------------------------------------------------------
Riviere     - Option and joint venture       - Monitor progress of Copper   
Dore        agreement with Copper One        One (Cartier owns shares and a 
            (January 18th)                   royalty)                       
            - High priority targets                                         
            identified from exploration                                     
            program (March 15th)                                            
            - Suspension of exploration                                     
            work following discussions with                                 
            Algonquin Community of Rapid                                    
            Lake (July 8th)                                                 
            - Sale of project to Copper One                                 
            (December 1st)                                                  
----------------------------------------------------------------------------
 
Other 2011 highlights:

--  10,535 meters drilled 
--  Addition of Dr Gaetan Lavalliere as VP Corporate Development (September
    7th) 
--  Environmental and Social Responsibility Award - e3 Plus (November 24th) 
--  Completion of a 3.1 M$ equity financing (December 22nd)
 
2012 Objectives:

--  Drill 15,000 meters 
--  Announce the acquisition of projects with a resource base 
--  Advance drilling on resource potential projects 
--  Complete agreements with partners for its drill ready Dollier, Diego and
    MacCormack projects 
--  Continue e3 Plus commitment 
--  Secure funding
 
Other projects

----------------------------------------------------------------------------
                       2011 Review                       2012 Plan          
----------------------------------------------------------------------------
Xstrata-    - Completion of exploration      - Official announcement of     
 Option     requirements for acquisition -   acquisition of 100% interest   
            1M$ (2008-2011)                                                 
----------------------------------------------------------------------------
Diego       - Airborne geophysical survey    - Results of Phase 1 drill     
            - Phase 1 drill program          program                        
                                             - Seek partner for this drill- 
                                             ready project                  
----------------------------------------------------------------------------
MacCormack  - Geophysical surveys and        -Seek partner for this drill-  
            drilling on the Porcupine-       ready project                  
            Destor Zone (February 3rd)                                      
----------------------------------------------------------------------------
 
About Cartier

The company's objective is to set up a dynamic process which will allow it to develop and maintain a balanced portfolio of mining projects ranging from exploration to resource definition, development and production. Its VISION is to develop the company's current and future assets into near to medium term mineral production with a schedule consistent with its human and financial resources and respecting sustainable development practices.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

CONTACT INFORMATION:

Philippe Cloutier
President and CEO
Cartier Resources Inc.
819 874-1331 / Toll-free : 877-874-1331
Fax: 819 874-3113
info@ressourcescartier.com
www.ressourcescartier.com

INDUSTRY: Manufacturing and Production - Mining and Metals

Footer


If you no longer want to receive announcements from us, please do not reply to this e-mail. Instead simply click .

Cartier Resources Inc.

EXPLORATION STAGE
CODE : ECR.V
ISIN : CA1467721082
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Cartier is a gold exploration company based in Canada.

Cartier holds various exploration projects in Canada.

Its main exploration properties are DOLLIER, RIVIÈRE DORÉ, DIEGO, CADILLAC EXTENSION, KINOJEVIS, LAC CASTAGNIER and RAMBULL in Canada.

Cartier is listed in Canada and in United States of America. Its market capitalisation is CA$ 6.6 millions as of today (US$ 4.8 millions, € 4.5 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.22, and its lowest recent point on December 11, 2015 at CA$ 0.04.

Cartier has 87 390 795 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Cartier Resources Inc.
5/26/2016Announces the Closing of a Financing for a Total of $300,000
9/7/2012Announces the Closing of a $500,000 Private Placement
12/7/2011Announces a $4,500,000 Brokered Private Placement
Option Grants of Cartier Resources Inc.
5/22/2009AGM Election Results and Award of New Stock Options
11/26/2008Announces the Grant of Stock Options
Project news of Cartier Resources Inc.
1/7/2014Drills the Extension of Pusticamica Deposit; Benoist Propert...
8/1/2013Completes its Acquisition of Chimo, Nova and Benoist
7/11/2013Signs an Agreement for the Acquisition of the Chimo and Nova...
5/23/2013Inc=2E: Acquisition of the Benoist Project and Pusticamica G...
1/17/2013Inc=2E: Drilling Below the Benoist Deposit Follows Up on 201...
9/18/2012Cuts 9=2E0 g/t Gold Over 3=2E0 Meters at Depth on Edge of Pu...
6/21/2012Drilling Underway on Fenton
5/15/2012One More Drill-Ready Property for Cartier: La Pause Property...
4/5/2012Ready to Increase Volume of the Pusticamica Gold Deposit / B...
3/22/2012Signs an Option Agreement to Acquire a 50% Interest in the F...
3/15/2012Cuts Massive Sulphides Grading 281 g/t AgEq Over 4=2E0 Meter...
3/13/2012(Dollier)Intersects Up to 13.3 g/t Au on Dollier
3/5/2012Signs an Option Agreement to Acquire the Benoist Project
2/7/2012Cuts Massive Sulphides Grading 322 g/t AgEq Over 3=2E5 Meter...
12/1/2011Signs a Sale Agreement in Respectof its Riviere Dore Copper-...
10/6/2011(Cadillac Extension)Discovers New Gold Potential on Cadillac Extension Project
9/6/2011(Diego)Drills Diego Gold Project
9/1/2011Cuts 1=2E5 % Copper and 100 g/t Silver Over 19 Metres on Cad...
8/18/2011(Cadillac Extension)Cuts 392.10 g/t Silver on Cadillac Extension
7/8/2011Suspends Work on Riviere Dore Project
5/29/2011(Rivière Doré)Selects 35 Priority Targets for First Drill Program on its C...
3/17/2011(Dollier)Commences 4 000 Meter Drill Program on Dollier Property Main...
7/27/2010(Cadillac Extension)Confirms Gold Potential on Cadillac Extension
7/15/2010(Diego)Diego Demonstrates Gold Potential
4/8/2010(Cadillac Extension)Acquires Major Land Holding Along Extension of Prolific Lard...
8/12/2009Reports High Grade Gold Results on Rambull: 27=2E72 g/t Au o...
2/25/2009(Kinojevis)Launches Diamond Drill Program on Three of its Properties
5/6/2008(Kinojevis)Announces Discovery of New Gold Zone
3/10/2008(Kinojevis) Focuses Drilling on MacCormack Gold Prospect
2/11/2008(Kinojevis)Signs Agreement for 5 Bocks of Claims at Kinojevis.
1/30/2008(Kinojevis)New Gold Zone on the Kinojevis Property
12/14/2007(Lac Castagnier) Drill to Test Gold Showing on Lac Castagnier Project
12/11/2007(Kinojevis) Drilling Returns New Gold Zones on Kinojevis Property
Corporate news of Cartier Resources Inc.
12/18/2015Cartier Resources Inc. Grants Stock Options
10/22/2015Cartier Closes a Private Placement for a Total of $266,500
8/20/2015Cartier Resources Inc.: Positive Geophysical Results on MacC...
8/13/2015Cartier Launches Geophysical Surveys on Cadillac Extension
8/10/2015Cartier Closes a Private Placement for a Total of $143,000
7/21/2015Cartier Resources Inc.: Positive Geophysical Test Results on...
7/16/2015Cartier Closes a $125,000 Private Placement With Capital Cro...
6/12/2015Cartier Closes a $100,000 Private Placement with SIDEX
4/23/2015Corporate Presentation - April 2015
4/8/2015Cartier Closes a $140,000 Private Placement
3/17/2015Cartier Closes a $75,000 Private Placement With SODEMEX II
3/11/2015Cartier Closes a $100,000 Private Placement with SIDEX
2/17/2015Cartier Resources Inc. : Geophysics in Progress on Benoist P...
2/3/2015Cartier Tests Extension of Massive Sulphides Zone on the Mac...
1/27/2015Cartier Resources Inc.: New Tool Maps Pusticamica Deposit on...
1/13/2015Cartier and Sphinx Intersect 25.1 g/t Gold Over 1.0 m on Dol...
12/30/2014Cartier Closes a Private Placement of $250,000
12/24/2014Cartier Sells La Pause Property to Sunset Cove Mining
12/12/2014Cartier Resources Inc. Grants Stock Options
11/25/2014Cartier Intersects 11.5% Zn, 0.2% Cu, 44.2 g/t Ag and 2.0 g/...
11/20/2014Cartier Sells the Diego Property to Standard Graphite
11/6/2014Cartier and Sphinx Drill the Extensions of the Gold Zones on...
10/30/2014Cartier Drills the Massive Sulphides (Zn-Cu-Ag) on the MacCo...
10/22/2014Cartier and Donner: Closing of Option and Joint Venture Agre...
9/30/2014Cartier Grants Donner an Option on Dollier Project
9/23/2014Cartier Resources Inc.: Gold Potential of South Area of Chim...
9/16/2014Cartier Resources Inc.: Amended Option on Fenton Deposit
9/9/2014Cartier Resources Inc.: New Exploration Targets in The Centr...
8/26/2014Cartier Resources Inc.-Chimo Mine Project: Three New Potenti...
6/27/2014Cartier Annouces the Closing of Two Private Placements for a...
6/9/2014Eclipse Resources Corporation Launches Initial Public Offeri...
6/6/2014Cartier Resources Inc. Announces AGM Election Results
2/27/2014Drills 10=2E3 g/t Au over 5=2E0 m Below Pusticamica Deposit ...
12/19/2013Annouces the Closing of Two Private =?ISO-8859-1?Q?=20Placem...
11/26/2013(Diego)and Weststar Terminate LOI for Diego
8/22/2013(Diego)Grants Extension to Weststar for Diego
5/27/2013Announces AGM Election Results
5/24/2013Inc=2E: 2013 Drilling Confirms Continuity of Mineralization ...
5/23/2013(Diego)Inc=2E: Agreement With Weststar Resources on the Diego Prope...
4/22/2013Adopts Advance Notice By-Law
11/5/2012Cuts 24.5 g/t Gold Over 3.0 Meters on Benoist Project
6/28/2012Targets to Increase Volume of thePusticamica Gold Deposit / ...
5/25/2012Announces AGM Election Results
5/3/2012Drills Massive Sulphides Grading up =?ISO-8859-1?Q?to=2010=2...
2/2/2012Provides 2011 Review and 2012 Plan
11/24/2011Receives Environmental and Social Responsibility Award
9/7/2011Dr. Gaetan Lavalliere Joins Cartier Team
7/21/2011(Dollier)Conducts Deeper Drilling on Dollier Gold Discovery
5/24/2011Inc=2E Announces the Results of the Annual General Meeting
5/5/2011Cuts 618.5 g/t (18.0 oz/t) Silver in Drilling
5/3/2011(Dollier)Confirms Continuity of Gold Zones on Dollier
3/15/2011Inc=2E: High Priority Targets Identified on Riviere Dore Pro...
7/13/2010Launches a Major Airborne Survey on Its Copper Discovery
5/6/2010Announces a $745,000 Financing
3/25/2010Confirms Polymetalic VMS Potential at Depth on MacCormack
10/6/2009Commences a 4000-Meter Drill Program on the MacCormack Gold ...
7/2/2009Confirms Gold Potential with 19.55 g/t Au on Rambull Propert...
5/28/2009Amendment of Manneville-Villemontel Option Agreement
12/29/2008Amended Press Release
12/23/2008Announces Closing of a $620,880 Financing
6/30/2008Confirms Extension of North Gold Zone With 7.3 g/t Au Over 1...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (ECR.V)OTHER OTC (ECRFF)
0.075+0.00%0.070+0.00%
TSX-V
CA$ 0.075
04/25 11:42 -
0%
Prev close Open
0.075 0.075
Low High
0.075 0.075
Year l/h YTD var.
0.070 -  0.100 -25.00%
52 week l/h 52 week var.
0.070 -  0.145 -46.43%
Volume 1 month var.
10,000 -6.25%
24hGold TrendPower© : -15
Produces
Develops
Explores for Cobalt - Copper - Gold - Nickel - Platinum - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-6.25%
2023-20.00%0.180.07
2022-41.18%0.210.08
2021-45.16%0.370.13
2020106.67%0.330.07
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.94+9.34%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.55%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.69+13.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.60+1.83%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.87+5.65%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.61+0.98%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :