Philippe Cloutier

The portal area just a kilometer west of of Chimo, that is significant ounce per ton high-grade gold material. Again, very shallow with uh with a with a ramp access infrastructure that's already there. Already done over 500 m uh of ramp uh down to about 200 m surface.

100,000-m drill program is there. That's about 600 drill holes over 11 different targets. What we're saying is the first four targets have have recorded 100% success.

Right off the bat, 5 km northeast of Chimo, we discovered a new gold environment on a fault parallel to the Cadillac fault. And that's the contact zone discovery. And historical geophysics and historical drilling and exploration out there shows that this new discovery actually extends massively up to 7 km on this new contact fault the Hava fault up to 7 km even further to the east.

What does contact look like? Well, contact the contact discovery is high-grade shallow um underground mineralization that is in the, you know, ounce per ton um um level.

at PDAC this year we made a spectacular discovery just south of the main area that's highly reminiscent of what Agnico is mining in Malartic the Canadian Malartic system and down beneath the Odyssey system. Now we're not saying this is going to be 20 million ounces but we're saying all the ingredients are there.

You you consolidated about 15 km of of strike on on the Cadillac fault, right?

we've discovered some really shallow high-grade mineralization that will have a quite a bit of an impact on on that economic assessment

we have 10 targets we have over 100,000 meters 600 diamond drill holes so over a 15 km stretch

we're actually drilling um no less than 10 um historic discovery sites and so far two of them are right on track to becoming the same thing as Chimo

And obviously with the new resource uh significant resource that we put out, uh that has been a game-changer

you know you talk about being the last explorer. You've got to demonstrate scale you know obviously 3.2 million ounces

So we're looking at the end of the year maybe of 4.3 or five million ounces which which would be very very nice

there's four distinct types of mineralization along one very prolific productive fault

10 targets on four mineralization types. But on one fault corridor.

Uh the economic situation of the gold price and and the project metrics have changed considerably since the publication of our PEA in 2023. So, we're working on that and we should get that across the finish line. Uh we have a much better gold price environment.

We used outdated numbers for the price of gold. We used 1750 US dollars for gold in 2023.

we recently put out a resource estimate. So obviously we have to update the preliminary economic assessment that we did in 2023 where we used the price of gold of 1750

The last PA we did on the project we used a gold price of a long-term gold price of 1750,750 bucks US.

we built a standalone operation building our own mill. So, with very high capex.

If we're able to raise our capex in the vicinity of 120, 150 million and and and even more and lower

now that we have a a bigger resource. We have a much better gold price environment. Uh we're now considering toll milling.

Now we're clocking in at around $105 to $110 per meter from site preparation to drilling to core in the core shack sampling mapping assaying get the assay from the lab to press release.

we were we were going around trying to raise $12 million and I guess like Nico um uh they they they they got on board with the story.

On the back end of our design of the ambitious program on Cadillac, we were able to attract $12 million.

And and at we have over $5 million in the bank.

we still have about uh 9 and a half or 10 million bucks in the bank.

Maggo had just purchased to3 mining and because of that they now held 27% of the stock

cash out 1.7 million over the 4-year period uh up to nearly 10 million shares of exploits.

we're fully funded for this program.

we were more successful with the drilling that we had anticipated. So, with about 35% of the drilling done, we've accomplished 100% of our objective which should which is to demonstrate that there's another mining camp out there

we're waiting on the metal metallurgical results. We're waiting on the environmental baseline studies. And we're also waiting on the the last or the final versions of iterations on the mining scenario

we're also very shortly going to be listed on the OTCQB

We've we've launched the metallurgical testing in the fall that is soon to be added on to the diamond jewel result news flow

we had developed a 100,000 meter diamond drill program and we had about $500,000 in the bank

we told our our investors that we'd be going from 100,000 mters to 250,000 mters.

And then the PA will be done entirely on the most recent resource estimate. it'll be before the end of the year.

I think this morning was our third press release and it's confirmation.

We have an ambitious 100,000 m 600 diamond drill hole program that we initiated in August

So, we're working on that and we should get that across the finish line.

We did produce a PEA, but it is clearly still dated.

you've done like 100,000 um meter drill program and you've got an upcoming resource estimate or an updated resource estimate.

Our flagship property is the Cadillac project that basically straddles a 15-20 km of the prolific Cadillac fault.

We're a Canadian and Quebec based gold explorer here in the Abitibi greenstone belt.

we're focused on gold exploration in the Abatibia and we've exploded the program to over 10 10 kilometers

our focus is in the Abbot Tibby on gold

Quebec is one of those uh places that has, you know, ticks off in all called the right um all the right criteria to to attract investment.

We're a Canadian and Quebec based gold explorer here in the Abitibi greenstone belt.

We're a gold player in the Abboti Greenstone belt.

Hello, Philip Trutsea, president and CEO of Cartier Resources. We're a junior exploration company devoted to finding gold in the Abitibi greenstone belt.

he's he's been through some ups and downs, so he knows what works and he knows what doesn't

we have Agniko Eagle as a senior partner as a strategic investor

Agnico bringing Glenn on and what I've just told you about results, scoping, and the evolving M&A

We've received the metal metallurgical test results.

The metal urgy was to bit to to kind of copycat on what our our our competitors are doing. rock in the abotibia usually returns uh 96 to 97%

Metallergical testing in order to assess and and see if we could do not do toll milling along a highway

we're going to reallocate my program I'm going to rejig the drill holes you know and so it's it's fun it's challenging

We're we're limiting all of our drilling in this program to uh uh 300 meter vertical depth.

in our previous PA we used the conservative historic numbers of recoveries which I think was 93%. rock in the abotibia usually returns uh 96 to 97%

we're the only remaining junior explorer on a 50 km stretch of the Cadillac fault

you're in the valor to the west and northwest of you, you got some pretty big names, some pretty big assets... you're surrounded now by Agniko Westdome El Dorado and Fresno

Maggo had just purchased to3 mining and because of that they now held 27% of the stock

collectively they have a $200 billion market cap and we have 130 million market cap