Announcement • Apr 29
Cartier Silver Corporation, Annual General Meeting, Jun 29, 2026 Cartier Silver Corporation, Annual General Meeting, Jun 29, 2026. New Risk • Apr 26
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 92% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (92% accrual ratio). Shareholders have been substantially diluted in the past year (80% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$15.2m market cap, or US$11.1m). New Risk • Mar 22
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.53m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). High level of non-cash earnings (64% accrual ratio). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.1m market cap, or US$9.53m). Announcement • Feb 10
Cartier Silver Corporation announced that it has received CAD 3 million in funding On February 9, 2026. Cartier Silver Corporation announces that it has closed the transaction. It has issued 10,000,000 common shares of the Company at a price of CAD 0.30 per Share for aggregate gross proceeds of CAD 3,000,000. In connection with the Offering, the Agent received a cash commission of CAD 240,000 and an aggregate of 800,000 broker warrants with each such Broker Warrant entitling the holder to acquire a Share at the Issue Price for a period of 36 months from the date of closing of the Offering. The Company also paid a corporate finance fee to the Agent by the issuance of an aggregate of 500,000 Shares at the Issue Price. New Risk • Jan 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 25% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). High level of non-cash earnings (64% accrual ratio). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$29.5m market cap, or US$21.5m). Announcement • Jan 22
Cartier Silver Corporation announced that it expects to receive CAD 2 million in funding Cartier Silver Corporation announces that it has entered into an agreement pursuant to which Centurion One Capital Corp. as lead agent and sole bookrunner to issue 6,666,667 Common Shares at a price of CAD 0.30 per share for gross proceeds of CAD 2,000,000 on January 22, 2026. The Lead Agent will also have the option, exercisable in whole or in part at any time up to two business days prior to the closing of the Offering, to increase the Offering by up to an additional 3,333,333 Shares for additional gross proceeds of CAD 1,000,000. The Offering is expected to close on or about February 20, 2026 or such other date as agreed upon between the Company and the Lead Agent and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange (the “CSE”). The securities to be issued under the Offering will have a hold period of four months and one day from the Closing Date under applicable Canadian securities laws. It is anticipated that certain insiders of the Company and affiliates of the Lead Agent may acquire Shares in the Offering in amounts up to approximately 50% of the Offering. In connection with the Offering, the Company will pay the Lead Agent a cash agency fee equal to 8% of the aggregate gross proceeds of the Offering, and issue to the Lead Agent, broker warrants equal to 8% of the number of Shares issued under the Offering. Each Broker Warrant will entitle the holder to acquire one Share at the Issue Price at any time within three years following closing of the Offering. On closing of the Offering, the Company will also pay the Lead Agent a corporate finance fee equal to 5% of the aggregate gross proceeds of the Offering, payable by the issuance of Shares at the Issue Price. New Risk • Nov 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.1m market cap, or US$7.89m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Oct 30
Cartier Silver Corporation announced that it has received CAD 2 million in funding On October 29, 2025, Cartier Silver Corporation closed the transaction. The company issued 16,000,000 units at a price of CAD 0.125 for gross proceeds of CAD 2,000,000. Each Unit consists of one common share in the capital of the Company and one-half of one Share purchase warrant of the Company. Each whole Warrant entitles the holder thereof to purchase one Share at a price of CAD 0.20 for a period of 36 months from October 29, 2025. In connection with the Offering, the Agent received a cash commission of CAD 160,000 and an aggregate of 1,280,000 broker warrants, with each such Broker Warrant entitling the holder to acquire a Share at a price of CAD 0.125 for a period of 36 months from the Closing Date. The Company also paid a corporate finance fee to the Agent of CAD 100,000 (which amount is equal to 5% of the gross proceeds realized by the Company from the sale of the Units), by the issuance of an aggregate of 800,000 Units at a price of CAD 0.125 per Unit. The securities issued under the Offering have a hold period of four months and one day from the Closing Date. Insiders of the Company acquired an aggregate of 1,810,000 of the Units issued under the Offering. New Risk • Oct 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.68m market cap, or US$6.91m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Announcement • Oct 09
Cartier Silver Corporation announced that it expects to receive CAD 1.5 million in funding Cartier Silver Corporation announced that it has entered into an agreement with Centurion One Capital Corp. in connection with reasonable effort basis private placement to issue 12,000,000 units at an issue price of CAD 0.125 for gross proceeds of CAD 1,500,000 on October 8, 2025. Each unit shall consist of one common share in the capital of the company and one-half of one share purchase warrant. Each full warrant shall entitle the holder thereof to purchase one share at a price of CAD 0.20 for a period of 36 months from the closing date. It is anticipated that certain insiders of the company and the lead agent may acquire units in the offering in amounts up to approximately 50% of the offering. Each broker warrant will entitle the holder to acquire one share at the issue price at any time within three years after the closing date. On closing, the company will pay the lead agent a corporate finance fee equal to 5% of the aggregate proceeds, payable by the issuance of units. The lead agent also has an option to increase the offering by up to an additional 1,800,000 units for additional proceeds of CAD 225,000. The units to be issued under the offering will be offered by way of private placement in each of the provinces and territories of Canada, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933. The offering is expected to close on or around November 11, 2025 or such other date as agreed upon between the company and the agents and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange. The securities to be issued under the offering will have a hold period of four months and one day from the closing date. Announcement • Oct 08
Cartier Silver Corporation announced that it has received CAD 1.2 million in funding from Eloro Resources Ltd. On October 7, 2025, Cartier Silver Corporation closed the transaction. The company issued 9,600,000 Units at a price of CAD 0.125 for gross proceeds of CAD 1,200,000. Each Unit is comprised of one common share of the Company and one half of one Common Share purchase warrant of the Company, with each Warrant entitling the holder to purchase one additional Common Share at a price of CAD 0.20 per Common Share for a period of 36 months from the issuance date. The Company paid finder’s fees of 7% of the aggregate amount subscribed for by subscribers referred to the Company by finders entitled to receive such fees in accordance with applicable securities laws, which fees aggregated CAD 42,000 and were paid by issuing 336,000 Units at deemed price of CAD 0.125 per Unit. All securities issued pursuant to the Private Placement are subject to the applicable statutory fourmonth hold period. The transaction will include participation from new investor Eloro Resources Ltd. for 4,800,000 units on a private placement basis at a price of CAD 0.125 per Unit for total consideration of CAD 600,000. Immediately prior to the acquisition of securities described above in this news release, the Acquiror owned or exercised control or direction over 2,333,000 Common Shares, representing 4.97% of the issued and outstanding Common Shares of the Issuer on an undiluted basis, and 600,000 warrants, each such warrant entitling the Acquiror to purchase one additional Common Share, such warrants representing 1.05% of the number of Common Shares outstanding prior to completion of the private placement. Following completion of the private placement, the Acquiror now beneficially owns or exercises control or direction over 7,133,000 Common Shares and 3,000,000 warrants, representing 12.61% of the issued and outstanding Common Shares of the Issuer on an undiluted basis, and 17.01% of the issued and outstanding Common Shares of the Issuer on a partially diluted basis, assuming the full exercise of all of the warrants held by the Acquiror only. Announcement • Sep 06
Cartier Silver Corporation announced that it expects to receive CAD 1.5 million in funding Cartier Silver Corp. announced a non brokered private placement to issue 12,000,000 units at an issue price of CAD 0.125 per unit of gross proceeds of CAD 1,500,000 on September 5, 2025. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.20 cents per share for a term of 36 months following the closing of the private placement. All securities issued pursuant to the private placement will be subject to the applicable statutory four-month hold period. The private placement is subject to all required regulatory approval. Announcement • Aug 01
An undisclosed buyer acquired 15% stake in Minera Cartier Bolivia S.R.L. from Cartier Silver Corporation (CNSX:CFE) for $0.5 million. An undisclosed buyer reached an agreement in principle to acquire 15% stake in Minera Cartier Bolivia S.R.L. from Cartier Silver Corporation (CNSX:CFE) for $0.5 million on July 21, 2025. The consideration of $0.5 million will be paid in cash.
An undisclosed buyer completed the acquisition of 15% stake in Minera Cartier Bolivia S.R.L. from Cartier Silver Corporation (CNSX:CFE) on July 21, 2025. Announcement • May 06
Cartier Silver Corporation, Annual General Meeting, Jun 30, 2025 Cartier Silver Corporation, Annual General Meeting, Jun 30, 2025. New Risk • Mar 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.0m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.17m market cap, or US$3.59m). New Risk • Aug 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.3m free cash flow). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$7.75m market cap, or US$5.69m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Director Don Sheldon was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 04
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.3m free cash flow). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$15.0m market cap, or US$11.0m). Announcement • May 03
Cartier Silver Corporation, Annual General Meeting, Jun 28, 2024 Cartier Silver Corporation, Annual General Meeting, Jun 28, 2024. Announcement • Mar 08
Cartier Silver Corporation announced that it has received CAD 1.8 million in funding On March 7, 2024, Cartier Silver Corporation closed the transaction. The company issued 7,200,000 units at an issue price o CAD 0.25 per share for the gross proceeds of CAD 1,800,000. Each Unit will consist of one common share and one half of one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of CAD 0.50 per share for a term of 24 months following the closing of the Private Placement. In connection with this final closing of the Private Placement, arm’s length finders received as compensation cash commissions aggregating CAD 31,955. Some insiders of company participated in the Private Placement. New Risk • Mar 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (CA$13.7m market cap, or US$10.2m). Announcement • Jan 29
Cartier Silver Corporation announced that it expects to receive CAD 2 million in funding Cartier Silver Corporation announces non-brokered private placement of 8,000,000 units at an issue price of CAD 0.25 per unit for gross proceeds of CAD 2,000,000 on January 29, 2024. Each Unit will consist of one common share and one half of one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of CAD 0.50 per share for a term of 24 months following the closing of the Private Placement. the transaction is subject to the regulatory approval. All securities issued pursuant to the Private Placement will be subject to the applicable statutory four-month hold period. Announcement • Nov 03
Cartier Silver Corporation High-Grade Silver, Lead and Zinc Values from Systematic Channel Sampling of the Underground Artisanal Workings At Its Gonalbert Property, Southern Bolivia Cartier Silver Corporation reported results from an extensive underground channel sample in eight principal areas over a strike length of 2km on the Gonalbert property, Potosi Department, Bolivia. The Company also recently completed a 3-hole, 1,364.8m reconnaissance drill program to test geophysical and geological targets for epithermal Ag-Pb-Zn mineralization. Results from the final two holes are reported. RECONNAISSANCE DIAMOND DRILLING; 0Three (3) holes totaling 1,364.8m were drilled on the Gonalbert property. Holes DGL-01 to DGL-03 were drilled in the southern side of the property. Drill holes were designed mainly to test geophysical and geological targets for epithermal Ag-Pb-Zn mineralization. Previously released Hole DGL-01 intersected 49.19 g Ag/t, 1.35% Zn, and 1.31% Pb over 44.76m which includes a higher-grade interval of 137.42 g Ag/t, 7.91% Zn and 5.6% Pb over 5.60m. Other significant intersections in DGL-01 include: 57.74 g Ag/t and 1.75% Pb over 18.25m including 79.90 g Ag/t and 2.53% Pb over 6.63m. 109.54 g Ag/t, 3.68% Zn and 4.44% Pb over 11.09m including 170.01 g Ag/t, 2.51% Zn and 7.00 % Pb over 5.81m Drill hole DGL-02 did not intercept any significant mineralization and did not reach the designed targets because of difficult ground conditions (intense faulting). Drill hole DGL-03, was drilled to test the Central Vein mineralization, intersecting some mineralized base metals intervals hosted in Ordovician sediments cut by tectonic breccias and dacitic dykes. This hole intersected widespread lower-grade sphalerite, galena, pyrite, siderite, and quartz in vein breccias, veins, veinlets, and dissemination. Highlights are as follows: 32.0 g Ag/t, 4.16% Zn and 0.98% Pb over 0.5m. 89.4g Ag/t, 0.26% Zn and 2.99% Pb over 2.57m. 37.0g Ag/t, 1.25% Zn and 1.0% Pb over 0.5m. 36.0 g Ag/t, 1.2% Pb over 2.07m. A strong chargeability anomaly extends northward from the Mina Central Area for approximately 700m and represents a priority target for drilling. chargeability section showing drill holes DGL-01 and DGL-02. DGL-01, which returned the most significant intersections intersected the deeper strong chargeability anomaly below Mina Central whereas hole DGL-03 was on the flank of this anomaly, explaining the relatively few intersections in this hole. On the plan chargeability, it is evident that there is gap in the mineralization or possible structural break between the deeper chargeability anomaly intersected in hole DGL-03 and the shallower chargeability anomaly to the north. This strong correlation of the chargeability anomaly with the significant intersection in hole DGL-01 and with the artisanal mine workings hosting high-grade Ag veins is very encouraging. This indicates that there is potential for much wider higher grade silver zones on Gonalbert. Announcement • Sep 08
Cartier Silver Corporation Reports First Results from Diamond Drilling to Test Geological and Geophysical Targets Cartier Silver Corporation reported the first results from diamond drilling to test geological and geophysical targets for epithermal Ag-Pb-Zn mineralization on the Gonalbert Property, Potosi Department, Southern Bolivia. The initial program as previously reported (see Cartier Silver press release of June 29, 2023) consists of 5 drill holes totaling 3,300m collared in the general vicinity of the artisanal silver mine. To date 729.5m of drilling have been completed in two holes with a third hole in progress. New Risk • Aug 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.2m free cash flow). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (41% increase in shares outstanding). Market cap is less than US$100m (CA$23.4m market cap, or US$17.2m). Announcement • Jun 30
Cartier Silver Announces Commencement of Diamond Drilling on the Gonalbert Property, Potosi Department, Southern Bolivia Cartier Silver Corporation announce that diamond drilling has commenced to test geophysical and geological targets for epithermal Ag-Pb-Zn mineralization on the Gonalbert Property, Potosi Department, Southern Bolivia. The initial program will consist of 5 drill holes totaling 3,300m collared in the general vicinity of the artisanal silver mine. Collar locations and orientations of these holes show the geophysical anomalies being targeted in the vicinity of the major structures which have been the focus of artisanal mining, both historically and recently. The additional geophysical work consisted of six Induced Polarization (IP/Res) lines surveyed by MES Geophysics in the northwest part of the Gonalbert property. The same array of eight fifty-metre and four offset one hundred-meter dipoles was used to obtain chargeability and resistivity data to a depth of about four hundred meters. This chargeability anomaly extends west-northwestward from 218900E for about 250m before it turns north along a cross-cutting north-south fault. The Chargeability and Resistivity data add more than a kilometre of strike length to the mineralized structure that is being drill tested in the current program, showing the impressive lateral extent and strength of the mineralizing system at Gonalbert. Announcement • Jun 09
Cartier Silver Corporation, Annual General Meeting, Jun 30, 2023 Cartier Silver Corporation, Annual General Meeting, Jun 30, 2023, at 11:00 Eastern Daylight. Agenda: To receive and consider the financial statements of the Corporation for the years ended December 31, 2022 and 2021, together with the auditors' report thereon; to consider reappointing RSM Canada LLP, Chartered Professional Accountants, as the auditors of the Corporation and authorizing the directors to fix the terms of engagement and remuneration for such auditors; to elect as directors for the forthcoming year the nominees proposed by the management of the Corporation in the accompanying management information circular; and to transact such further or other business as may properly come before the Meeting or any adjournment thereof. New Risk • Jun 09
New major risk - Revenue and earnings growth Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (37% increase in shares outstanding). Market cap is less than US$100m (CA$18.2m market cap, or US$13.6m). Announcement • Jun 08
Cartier Silver Corporation Outlines an 800m by 500m Epithermal Silver Polymetallic Target on Gonalbert Property, Potosi Department, Southern Bolivia Cartier Silver Corporation announced that geophysical and geological work by the Company has outlined an epithermal silver polymetallic target over an area of 800m by 500m on the Gonalbert Property, which forms part of the Los Chorrillos (Gonalbert-Felicidad) Silver Project ("Los Chorrillos" or the "Project"), in the Potosi Department, Southern Bolivia, held by Minera Cartier Bolivia S.R.L., Cartier Silver's Bolivian subsidiary. This program follows recommendations contained in the "Property of Merit" technical report dated May 5, 2023, authored by Micon International Limited ("Micon"), which is filed on SEDAR and available on the Company's website. Geologically, the property is underlain by Ordovician sedimentary rocks that have been intruded by a Miocene dacitic dome which includes tuffs, breccias and intrusive dacite. The intrusion, which is approximately 1,300m by 600m wide, hosts epithermal Ag-Pb-Zn mineralization along structures cutting this intrusion. Until recently, an artisanal mining operation was active near the intersection of two major faults, with a small plant processing approximately 20 t/day. The head grade was reported to be around 180 g/t Ag, yielding a concentrate of about 1,300m/t Ag (Micon, 2023). Geological mapping, sampling, and trenching are being carried out on these artisanal working areas and other surface showings - assay results from this work are pending. Magnetic and Induced Polarization survey data provide the first exploration information to a depth of approximately four hundred meters below where mineralization has been known since colonial times. Previous exploration was limited to surface trenches and artisanal workings. The magnetic map for the property shows that magnetic susceptibility is enhanced near a pair of northwest and north-northwest trending faults that intersect where artisanal mining has occurred for silver, lead and zinc. This close association of the magnetic mineralization with the intersecting faults is defined more clearly on the Analytical Signal (ASIG) map. Micon’s report refers to pyrrhotite in association with the “argentite, galena and zincblende” mineralization so these early results suggest that the magnetic survey may be able to detect the fault-controlled sulphide mineralization directly. An Induced Polarization and Resistivity survey was carried out on seven lines in the central part of the Gonalbert concession using a conventional N=8 x 50m pole-dipole array followed by N=4 offset 100m dipoles to obtain chargeability and resistivity data to a depth approaching four hundred meters. Resistivity data show distinct lows that coincide with the faults interpreted from the magnetic data and rugged topography. An IP chargeability anomaly surrounding the structures covers an area of 800m by 500m and extends to a depth of at least 400m, the depth limit of the survey. Chargeable mineralization coincides with the enhanced conductivity along both fault traces. The chargeability becomes stronger at depths greater than 100m, below a depleted, near-surface zone where sulphide mineralization has been extensively oxidized. Announcement • Dec 23
Cartier Silver Corporation announced that it has received CAD 4 million in funding On December 22, 2022, Cartier Silver Corporation closed the transaction. The company issued 2,498,750 common shares at a price of CAD 0.40 per unit for gross proceeds of CAD 999,500 in its second and final tranche closing. The transaction included participation from two investment funds for 1,750,000 units and some insiders of the company for CAD 122,500. In connection with this final closing of the private placement, an arm’s length finder received as compensation cash commissions aggregating CAD 4,905. Announcement • Nov 23
Cartier Silver Corporation announced that it expects to receive CAD 3 million in funding Cartier Silver Corporation announced a non-brokered private placement for gross proceeds of up to CAD 3,000,000 at a price of CAD 0.04 per unit of up to 7,500,000 units on November 22, 2022. Each unit will consist of one common share of the company and one half common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.07 for a period of 30 months following the distribution date. The closing of the offering will be subject to all required regulatory approval. All securities issued pursuant to the Private Placement will be subject to the applicable statutory four-month hold period. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Harry Burgess was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 01
Cartier Iron Corporation, Annual General Meeting, Oct 21, 2022 Cartier Iron Corporation, Annual General Meeting, Oct 21, 2022. Recent Insider Transactions • Jul 06
CEO & Director recently sold CA$62k worth of stock On the 28th of June, Thomas Larsen sold around 1m shares on-market at roughly CA$0.06 per share. This was the largest sale by an insider in the last 3 months. This was Thomas' only on-market trade for the last 12 months. Announcement • Jun 15
Cartier Iron Corporation Provides Update on Exploration for Low Sulphidation Gold-Silver Epithermal Mineralization At Big Easy, Newfoundland Cartier Iron Corporation carried out a 17-hole diamond drill program totaling 9,470.6m in winter 2022 to test significant resistivity anomalies along a major north-northeast trending structural break outlined by the Controlled Source Audio Magneto-Telluric (“CSAMT”) survey in the Central Anomaly – Big Easy Showing Area. Although assay results returned only geochemically anomalous values of silver, all the drill holes intersected wide sections of interbedded rhyolite and siltstone up to 150m thick in the lower part of the Musgravetown Group. Hydrothermal alteration is very extensive consisting primarily of silicification and phengite micas. Hole BE-21-35, drilled in the winter 2021 program, returned 0.45 g/t Au and 9.7 g/t Ag over 34m, while Hole BE-21-36 intersected 0.62 g/t Au and 16.12 g/t Ag over 13m; but, a downdip continuation of this system was not intersected in the interbedded rhyolite and siltstone below the structural break. The shallow-gold bearing low resistivity zone where previous drilling by Cartier Iron in the Central Anomaly area was successful in confirming an extensive zone of silicification up to 200m wide with low sulphidation epithermal gold-silver mineralization appears to be separated from the area drilled in winter 2022 by a major thrust fault. Historically, gold at the Big Easy Zone has been associated with silicified sediments that contain a few percent pyrite and clay alteration products that lead to the comparatively low resistivity. The large alteration halo defined by the pyrite chargeability can be traced for kilometres, southwards from the Big Easy Zone. Drilling at the Big Easy Zone only extended to approximately 260m in vertical depth but it returned the highest gold grades to date and a wide intersection of 0.87 g/t over 30.5m within a broader zone in BE11-03. Soil geochemical sampling in the Western Anomaly Zone in 2020 showed that although the chargeability anomalies occur at depths approaching 200m they are associated with anomalous gold values. Chargeability anomalies with coincident Au-in-soil peaks provide compelling drill targets but surface conditions generally favor a winter drill program. These deeper targets can likely be defined by additional IP/Resistivity Surveys employing larger dipoles to increase the depth of investigation. Surface IP/Resistivity lines have been recommended north and south of the western anomaly where the chargeability response is known to be associated with gold. Despite intense silicification, the resistivity measured at the Sleigh Pond Zone during the 2020 IP/Resistivity Survey was comparatively low where it coincides with chargeability anomalies that resemble the Big Easy Zone response approximately 10 km farther north. Soil geochemistry confirms this as a good target for drill testing. A stronger chargeability trend farther to the east provides a second drill target on the Sleigh Pond Grid. The 2022 winter drill program has outlined a major structural boundary east of the Big Easy Zone and the Central Anomaly Zone. Property scale geophysical surveys suggest this structural boundary could extend tens of kilometres to the south. With only a small fraction of the property tested to date, Cartier Iron feels that good potential remains for a discovery within this large strike extent. Announcement • May 12
Cartier Iron Reports on Diamond Drill Program on the Low Sulphidation Gold-Silver Epithermal System At Big Easy, Newfoundland Cartier Iron Corporation provided an update on its diamond drilling program at its wholly-owned Big Easy property, located near Clarenville, in eastern Newfoundland. The Company carried out a 17-hole diamond drill program totaling 9,470.6m in winter 2022 to test significant resistivity anomalies along a major north-northeast trending structural break outlined by the Controlled Source Audio Magneto-Telluric (“CSAMT”) survey in the Central Anomaly – Big Easy Showing Area. Ten (10) of the drill holes tested the Central Anomaly area, three (3), the Central North Anomaly and four (4), the Big Easy South Anomaly. Collectively these reconnaissance drill holes tested CSAMT resistivity anomalies over a strike length of 2.4km. All the drill holes intersected wide sections up to 150m thick of interbedded rhyolites and siltstones in the lower part of the Musgravetown Group. The rhyolite units are typically extensively brecciated and cut by quartz veins with fine pyrite mineralization and local black sulfosalts. Hydrothermal alteration is very extensive consisting primarily of silicification and phengite micas. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Harry Burgess was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 25
Cartier Iron Corporation Recommences Drilling and Provides Update on Exploration Program on the Low Sulphidation Gold-Silver Epithermal System at Big Easy, Newfoundland Cartier Iron Corporation provided an update on its diamond drilling program at its wholly-owned Big Easy property, located near Clarenville, in eastern Newfoundland. As previously announced the 10,000m diamond drill program will test significant resistivity anomalies along a major north-northeast trending structural break outlined by the Controlled Source Audio Magneto-Telluric survey in the Central Anomaly – Big Easy Showing Area. Drilling is being done by the Logan Drilling Group. Previous drilling in the Central Anomaly area was successful in confirming an extensive zone of silicification up to 200m wide with low sulphidation epithermal gold-silver mineralization. Hole BE-21-35, drilled in the recent winter 2021 program, returned 0.45 g/t Au and 9.7 g/t Ag over 34m, while Hole BE-21-36 intersected 0.62 g/t Au and 16.12 g/t Ag over 13m. Resistivity response from the CSAMT survey, is markedly higher at deeper levels in the Central Anomaly area suggesting that these earlier holes may have been drilled too high in the epithermal system. Drilling completed in the fall of 2021 and current drilling planned in winter 2022 is focused on testing the resistivity highs at a deeper level to test for the potential core area of Au-Ag mineralization on targets along a strike length of 2.4km. Eight holes totaling 4,865m were completed by the Christmas break, with lengths ranging from 425m to 752m. Assays on all these holes are pending. is a block model of the 3D CSAMT resistivity model with the locations of holes completed and additional planned holes totaling 5,135m, which will complete the 10,000m program. For the planned holes, an additional two holes are being completed at the Central Anomaly target, then the focus will shift to testing the resistivity highs in the Central North area located approximately 400m to 500m north of the Central Anomaly and then finally move further northward to the Big Easy South area, approximately 400m south of the original Big Easy showing. This planned additional drilling is fully permitted. Announcement • Nov 24
Cartier Iron Provide an Update on Its Diamond Drilling Program At Big Easy Property Located Near Clarenville in Eastern Newfoundland Cartier Iron Corporation provided an update on its diamond drilling program at its wholly owned Big Easy property located near Clarenville in eastern Newfoundland. As previously announced the 10,000m drill program will test significant resistivity anomalies along a major north-northeast trending structural break outlined by the Controlled Source Audio Magneto-Telluric (CSAMT) survey in the Central Anomaly – Big Easy Showing Area. Previous drilling in the Central Anomaly area was successful in confirming an extensive zone of silicification up to 200m wide with low sulphidation epithermal gold-silver mineralization. Hole BE-21-35, drilled in the recent winter 2021 program, returned 0.45 g/t Au and 9.7 g/t Ag over 34m, while Hole BE-21-36 intersected 0.62 g/t Au and 16.12 g/t Ag over 13m. Resistivity response from the CSAMT survey, as shown in Figure 1, is markedly higher at deeper levels in the Central Anomaly area suggesting that these earlier holes may have been drilled too high in the epithermal system. Current drilling is testing the resistivity highs at a deeper level in order to test for the potential core area of Au-Ag mineralization. To date six (6) holes totaling 3,457m have been completed with lengths ranging for 425m to 623m long (BE-21-37 to BE-21-42) with one hole in progress (BE-21-43). Assays on all these holes are pending. Figure 1 is a block model of the 3D CSAMT resistivity model with locations of holes drilled to date and planned holes. Drilling prior to the Christmas break will focus on completing the remaining drill holes planned to test the Central Anomaly. In winter 2022, the focus will shift to testing the resistivity highs in the Big Easy South area approximately 400m south of the original Big Easy showing and in the Central North area approximately 400 to 500m north of the Central Anomaly. Announcement • Sep 23
Cartier Iron Corporation Announces the Results of Its Controlled Source Audio Magneto-Telluric (“CSAMT”) in the Central Anomaly Cartier Iron Corporation announce the results of its Controlled Source Audio Magneto-Telluric (“CSAMT”) in the Central Anomaly – Big Easy Showing Area on its 100% owned Big Easy Gold-Silver Project near Clarenville in eastern Newfoundland. CSAMT data indicate that a major north-northeast-trending structural break separates high resistivity rocks to the east of the Central Induced Polarization/Resistivity (IP/Res) Anomaly from a much lower resistivity zone to the west where recent drilling by Cartier Iron has intersected anomalous gold (Au) within an extensive zone of silicification up to 200m wide. Cartier Iron’s historical resistivity data from the 2018 IP/Res survey were limited to depths less than 200m. CSAMT data now extend the resistivity data to a depth of more than 1 km. Both types of resistivity data have been combined in a single colour grid. A dramatic boundary marks the eastern side of the Central IP anomaly. Highly resistive rocks to the east of this break can be traced to the maximum depth of the CSAMT survey as can the comparatively conductive zone of alteration further west. Using the new CSAMT data additional drill holes (BE21P-19, 20 and 21) are planned for the Fall 2021 diamond drill program in progress to test the deeper extension of this zone. CSAMT is a geophysical technique that measures the conductivity of subsurface materials using electromagnetic waves from a distant transmitter. Both electrical and magnetic sensors are used to characterize distortions in the flow of subsurface currents that result from conductivity variations. In the audio frequencies, this technique can measure comparatively resistive rocks from 250m to 1000m deep. A total of 19.4 line-km was surveyed on twelve (12) Lines spaced at 200m to extend coverage southward from the Big Easy Showing to the Central Anomaly Induced Polarization/Resistivity target where drilling in 2018 and 2021 confirmed strong alteration and significant gold values. The silicification that accompanies gold emplacement in epithermal systems usually results in a volume with extremely low resistivity that can be mapped in three dimensions using CSAMT data. Announcement • Aug 26
Cartier Iron Corporation Announces Commencement of 10,000 Metre Diamond Drilling Program at Big Easy Low Sulphidation Gold-Silver Project, Newfoundland Cartier Iron Corporation announced that it has commenced the planned 10,000m diamond drill program at the Big Easy low sulphidation gold-silver project near Clarenville, Newfoundland. Drilling will initially focus on the Central Anomaly where previous drillingconfirmed an extensive zone of silicification up to 200m wide with epithermal gold-silver mineralization. This additional drilling will more fully explore this very prospective zone which extends for at least 600m along strike. Table 1 lists initial planned drill holes and Figure 1 shows the location of the chargeability anomaly with planned drill holes. Drilling is also planned to test the chargeability/resistivity anomalies identified on the Sleigh Pond grid in the southern part of the property as outlined in the press release of June 8, 2021, and as shown in Figure 1. The Sleigh Pond program will likely take place in winter 2022. The drilling program is being managed by Mercator Geological Services with drilling being carried out by Logan Drilling Group. The field portion of this survey has been completed and the data is currently being processed. It is expected that this survey will provide further information about the on-strike and depth extent of potential epithermal mineralization. CSAMT is a geophysical technique that measures the conductivity of subsurface materials using electromagnetic waves from a distant transmitter. Both electrical and magnetic sensors are used to characterize distortions in the flow of subsurface currents that result from conductivity variations. In the audio frequencies, this technique can measure comparatively resistive rocks from 250m to 1000m deep. At both the Big Easy showing and the Central anomaly drill results suggest that the epithermal system may be stronger at greater depth, so CSAMT was chosen to look deeper than the approximately 200m limit of previous Induced Polarization/Resistivity (IP/Res) surveys. Approximately 20 line-km were surveyed on twelve (12) Lines spaced at 200m to extend coverage southward from the Big Easy Showing to the Central Anomaly IP/Res target where drilling in 2018 and 2021 confirmed strong alteration and significant gold values. The silicification that accompanies gold emplacement in epithermal systems usually results in a volume with extremely low conductivity that can be mapped in three dimensions using CSAMT data. Pursuant to the terms of the Big Easy property acquisition agreement, as amended (the “Acquisition”), the Company has issued the final tranche of one million common shares to the property vendors. The share issuance, combined with the prior completion of the minimum required exploration expenditure of $2 million, satisfies all of the Company’s obligations as per the Acquisition, whereby it owns a 100% interest in the Big Easy, with the vendors holding a 3% net smelter royalty, which can be reduced to 2.5% through two staged payments aggregating $500,000 on or before November 21, 2022. Executive Departure • Jul 13
Independent Director Michel Gagnon has left the company On the 1st of July, Michel Gagnon's tenure as Independent Director ended after 6.7 years in the role. As of March 2021, Michel still personally held only 325.00k shares (CA$46k worth at the time). Michel is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 24.50 years. Announcement • Jun 15
Cartier Iron Corporation announced that it expects to receive CAD 4.000008 million in funding Cartier Iron Corporation (CNSX:CFE) announced a private placement of up to 11,111,200 units at a price of CAD 0.09 per unit for gross proceeds up to CAD 1,000,008 and up to 25,000,000 flow-through units at a price of CAD 0.12 for gross proceeds of up to CAD 3,000,000, for aggregate proceeds of CAD 4,000,008 on June 14, 2021. Each unit will consist of one common share and one common share purchase warrant. Each unit will consist of one flow through common share and one common share purchase warrant. Each warrant entitles the holder to acquire company share for a period of 36 months from the closing at an issue price of CAD 0.14 per shares. The transaction is expected close on July 5, 2021. The transaction is subjected to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the Canadian Securities Exchange. Announcement • Jun 09
Cartier Iron Corporation Announces Results of Its Winter 2021 Diamond Drilling and Induced Polarization/Resistivity Program on Its Big Easy Gold Project in Eastern Newfoundland Cartier Iron Corporation announced results of its winter 2021 diamond drilling and Induced Polarization/Resistivity (“IP/Res”) program on its Big Easy Gold Project in eastern Newfoundland. Four diamond drill holes totalling 1,348m were completed to test IP chargeability targets on the Central Anomaly and Shoal Harbour Grid. An additional 39.5 linekm of IP surveys were carried out to follow-up a major new target area outlined by geological mapping, geochemical soil sampling, airborne magnetics and prospecting on the Sleigh Pond Grid in the southern part of the property. Hole BE-21-35 intersected a broad zone of alteration and mineralization beginning at 255m and continuing to 289m returning 0.45 g/t Au and 9.7 g/t Ag over 34m with two intervals within this zone grading 1.36 g/t Au and 77.8 g/t Ag over 1m and 1.35 g/t Au and 14 g/t Ag over 1m. Two other intercepts at depth returned 1.13 g/t Au and 10.8 g/t Ag over 12m between 290 and 302m and an intersection at the bottom of the hole returned 0.82 g/t Au and 9.17 g/t Ag over 4.0m. This hole had to be abandoned due to the spring thaw and the helicopter-supported drill rig settling into the bog risking the rods becoming stuck in the hole. Shoal Harbour Grid Drilling Two (2) holes totalling 561m metres tested chargeability anomalies on the Shoal Harbour Grid. These anomalies are associated with resistivity lows flanking the east and west contacts of a broad zone of higher resistivity. While both these holes intersected broad zones of moderate to strong silicification with sulphide mineralization, mainly pyrite and local mineralized breccia, no significant assays were returned. This mineralization appears to be related to later intrusions and not the earlier epithermal stage of mineralization. Between March 8th and April 2nd, 2021 39.5 line-km of reconnaissance IP/Resistivity were carried out on the Sleigh Pond grid (Figure 2) by MES Geophysics of St John’s, Newfoundland. A pole-dipole array was used with eight (8) 50m dipoles to achieve a depth of investigation approaching 200m on nine E-W lines. Lines were spaced at a 400m separation except where open water in ponds and water courses limited access. Resistivity data show a prominent NE-trending resistivity high over almost 5 km, across the western end of all of the lines, a central zone of generally lower resistivity, and a parallel, higher resistivity zone that extends eastward from near 710250E, in the centre of the grid. High resistivity anomalies are located at the eastern end of Line 32900N and across the eastern ends of Lines 34900N to 36100N. The western resistivity anomaly lies on strike with and projects toward the Au-in-soil geochemical anomaly previously recognized on the Shoal Harbour grid, about 5 km farther to the NE. Mx chargeability data for N=2 (corresponding to a depth of ~50m) show a continuous NE-trending anomaly that extends from the eastern end of Line 32500N for 5 km, associated with the eastern elevated resistivity zone. Along this anomaly, distinct centres of chargeability occur between 33300N and 33700N and also from 34900N to 35300N where the anomaly crosses a W-NW trending Au-in-soil geochemical anomaly. Subtle chargeability anomalies occur between Line 35300N and Line 35700N near 709000E and on Line 32900N near 708750E. Both of these chargeability anomalies are associated with local Au-in-soil anomalies on the Sleigh Pond grid. The Sleigh Pond chargeability anomalies are clear at N=4 corresponding to a depth of about 100m showing that the NNE-trending mineralization is stronger at depths greater than N=2. Centres of maximum chargeability occur along the same N-NE trends noted in the N=2 data. Subtle chargeability anomalies are associated with Au-in-soil anomalies and a cherty outcrop mapped in 2020. The chargeability anomalies are associated with small magnetic bodies. which follow the trend of the IP-Res anomalies rather than cutting across them like the younger intrusives on the Shoal Harbour grid, suggesting that they are more likely related to the epithermal mineralization than a younger intrusive event. Announcement • Jan 28
Cartier Iron Commences Diamond Drilling to Test Geophysical Targets for Low Sulphidation Epithermal Gold-Silver Mineralization Along Major Structures At the Big Easy Gold Project, Newfoundland Cartier Iron Corporation announce the start of a 2,000m, 7-hole diamond drill program at the Big Easy Gold Project in Newfoundland to test new Induced Polarization targets and follow-up drilling on the Central Anomaly where drilling in 2018 intersected a wide alteration zone which returned 0.11gAu/t and 2.65gAg/t over 180.4m. Table 1 gives a list of proposed hole locations. An additional 54.5 line-kilometres of IP surveys will also be carried out to follow-up a major new target area outlined in the southern part of the property. the total magnetic intensity that shows the two major magnetic trends at Big Easy. The West Trend extends north-northeast for 19 km and it is likely the southerly extension of the Big Easy-Central Anomaly trend. The East Trend is approximately 2 km to the east and is parallel to the West Trend extending southwards for more than 20 km. Figure 2 is a closeup map showing the locations of the planned drill holes in the new IP chargeability anomalies on the Shoal Harbour Grid and the follow-up drilling on the Central Anomaly 5.5 km to the north. The modelled chargeability is within and follows the strong magnetic trends. Figure 3 shows the area of the planned additional IP survey lines. Four holes totalling 1,000 metres are planned to test significant chargeability anomalies on the Shoal Harbour Grid. These anomalies are associated with resistivity lows flanking the east and west contacts of a broad zone of higher resistivity. The chargeability anomaly on the West Trend appears to be the southern extension of the ET showing located 2.5km to the north. Historic drilling on the ET showing in 2017 intersected anomalous gold and silver values in quartz veins but the new data place this showing at the edge of the potential epithermal system. Two new holes and deepening of previously drilled Hole BE-18-32 are planned collectively totalling 1,000 metres to test the core of the Central Anomaly which is approximately 200m wide. Previous drilling was only on the west and east edges of this anomaly which is under a bog. Announcement • Dec 17
Cartier Iron Corporation announced that it expects to receive CAD 0.35 million in funding Cartier Iron Corporation (CNSX:CFE) announced a non-brokered private placement of up to 2,500,000 flow-through shares at a price of CAD 0.14 per share for gross proceeds up to CAD 350,000 on December 15, 2020. The transaction may include participation from insiders of the company. All securities issued in the transaction are subject a hold period of four months. Announcement • Dec 03
Cartier Iron Corporation Reports Results of Geophysical Surveys Completed During October, 2020, at its Big Easy Gold Project Located on the Burin Peninsula in Eastern Newfoundland Cartier Iron Corporation reported on results of geophysical surveys completed during October, 2020, at its Big Easy Gold project located on the Burin Peninsula in eastern Newfoundland. A helicopter-borne magnetic survey was flown for New Sense Geophysics Ltd. of Markham, Ontario by Newfoundland Helicopters over the southern half of the property to provide high-resolution magnetic coverage over the complete Big Easy property. The northern half of the property was flown by previous operators and is available in the NL Department of Natural Resources assessment files. The program also included induced polarization/resistivity (IP/Res) surveys on a grid located 2.5 km south of the ET showing. This program was designed to follow-up the 20km long target zone for epithermal gold-silver mineralization outlined by the summer 2020 program of geological mapping, soil sampling and prospecting to outline potential drill targets. The West Trend extends for 19 km and it is likely the southerly extension of the Big Easy-Central Anomaly trend. The East Trend extends from the ET showing southwards for more than 20 km. The East Trend appears to reflect two major intersecting structures that coalesce in the area of the weakly banded, cherty, quartz outcrop where anomalous gold values were reported in soils. A number of elongated magnetic highs occur along both trends within a broadly lower magnetic relief that is consistent with the mapped sedimentary rocks of the Musgravetown Fm. These anomalies likely reflect intrusive rocks with higher magnetic susceptibility than their sedimentary host. The large of these magnetic bodies is in the southern part of the West Trend. These potential intrusives have not been previously recognized in this area. MES geophysics of St. John’s, NL completed six reconnaissance IP/Res lines spaced 400m apart totalling 24.5 line-km. The survey outlined two areas of significant chargeability across all six lines. These are associated with resistivity lows flanking the east and west contacts of a broad zone of higher resistivity. The east anomaly coincides with the Au-in-soil geochemical peak reported on September 29, 2020. No soil geochemical coverage was done over the western anomaly as the terrain was too wet to allow sampling. The chargeability anomaly on the West Magnetic Trend appears to be the southern extension of the ET showing located 2.5 km to the north. Historic drilling on the ET showing in 2017 intersected anomalous gold and silver values in quartz veins but the new data place this showing at the edge of the potential epithermal system. Announcement • Nov 11
Cartier Iron Corporation, Annual General Meeting, Dec 30, 2020 Cartier Iron Corporation, Annual General Meeting, Dec 30, 2020. Announcement • Sep 23
Cartier Iron Corporation announced that it has received CAD 1.295 million in funding from Palisades Goldcorp Ltd. On September 18, 2020, Cartier Iron Corporation (CNSX:CFE) closed the transaction. The company issued 11,357,142 units for proceeds of CAD 7,949,999 in its final tranche closing, bringing the total gross proceeds raised in the transaction to CAD 1,295,000. The finders received as compensation cash commissions aggregating CAD 5,914 and 84,490 finder’s compensation warrants. Each finder’s warrant entitles the holder to purchase one common share at a price of CAD 0.10 per share for a term of 36 months from the issuance date. The transaction also included participation from directors and senior officers of the company. Announcement • Sep 03
Cartier Iron Corporation announced that it expects to receive CAD 0.875 million in funding from Palisades Goldcorp Ltd. and other investors Cartier Iron Corporation (CNSX:CFE) announced a non-brokered private placement of up to 12,500,000 units at a price of CAD 0.07 per unit for gross proceeds up to CAD 875,000 on September 2, 2020. The transaction will be led by Palisades Goldcorp Ltd and include participation from insiders of the company. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.10 per share for a period of 36 months from the date of issuance. The transaction is subject to customary conditions and regulatory approvals. All securities issued in the transaction are subject a hold period of four months.