Mining Stock Daily

Drilling Update from Cartier Resources and the Cadillac Property

Nov 19, 2025
Philippe Cloutier, CEO of Cartier Resources, shares insights on the Cadillac gold project, highlighting promising results from the North Contact Zone. He discusses the potential for expansion, revealing the zone's 400m strike and stacked veins ideal for open-pit mining. Philippe outlines an ambitious drilling plan set at 100,000m, with possibilities for extending to 250,000m. He also connects recent Abitibi acquisitions to growing market interest, emphasizing the project's potential to draw major investors.
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INSIGHT

North Contact Zone Shows Open-Pit Potential

  • The North Contact Zone (NCZ) has expanded to ~400m strike with stacked high-grade veins over 50m, starting at surface.
  • Open-pit potential makes it a likely candidate for inclusion in future resource estimates.
ANECDOTE

How NCZ Was Rediscovered And Tested

  • The NCZ was initially punched by Chalice Gold Mines and later followed up with spaced fences showing potential.
  • Cartier's compilation after acquisition prompted systematic drilling that revealed the zone's true extent.
ADVICE

Set Practical Depth Limits For Surface Targets

  • Stop drilling open-pit targets around 300–350m depth because most local open pits end there.
  • Cartier will keep drilling to 300m for the funded program and won't be distracted despite NCZ success.
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