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The latest update is out from Cartier Resources ( (TSE:ECR) ).
Cartier Resources Inc. has announced the Chimo Tailings Project, which aims to assess the economic viability of reprocessing tailings from the historic Chimo Mine. This project is part of Cartier’s strategy to enhance its resource base and offers potential value creation with minimal capital investment, due to its proximity to existing gold mills. Additionally, Cartier is advancing a multi-stage drilling program using AI exploration tools to identify new gold targets, aiming to boost its resource estimates and shareholder value.
More about Cartier Resources
Cartier Resources Inc. is a mining company focused on exploring and developing gold properties. It primarily operates in the Val-d’Or mining camp in Quebec and seeks to unlock value through innovative exploration and development strategies.
YTD Price Performance: 44.44%
Average Trading Volume: 240,536
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$47.4M
For an in-depth examination of ECR stock, go to TipRanks’ Stock Analysis page.