Conservatively Levered Balance Sheet (very Low Debt)Very low absolute debt (~$56k TTM) and near-zero leverage give Cartier durable financial flexibility typical for explorers. This reduces solvency risk, lowers fixed obligations during multi-year programs, and makes it easier to structure option/JV deals without immediate debt pressures.
Meaningful Resource Expansion At Cadillac ProjectA material resource increase (M&I +7% and inferred +48%) materially increases the project's scale and optionality. Larger, well-defined resources improve economics potential, enhance attractiveness to JV/ buyers, and lengthen the runway to monetization versus smaller targets.
High-grade Drill Results And Metallurgical Testwork InitiatedHigh-grade intercepts plus active metallurgical testwork reduce technical and recovery risk, improving the quality of the deposit. Demonstrating metallurgy and grade continuity supports feasibility, partner interest, and the case for advancing to development or sale.