Philippe Cloutier, President and CEO of Cartier Resources (TSX.V:ECR – OTC:ECRFF) joins us to highlight the updated Resource Estimate at the now consolidated Chimo Mine Project, in Quebec. This resource is the first time the newly acquired East Cadillac Property has been combined with the Company’s Chimo Mine Project. The current resource is now 7,128,000 tonnes at an average grade of 3.14 g/t Au for a total of 720,000 ounces of gold in the Indicated category and 18,475,000 tonnes at an average grade of 2.75 g/t Au for a total of 1,633,000 ounces of gold in the Inferred category.
We have Philippe outline the overall resource and explain what contributed to the slightly larger than expected resource. We then look ahead to the exploration plans that are still focused on expanding this resource. We discuss how the upcoming drilling will still be focused outside the current resource rather than on infill drilling.
If you have any follow up questions for Philippe please email us at either Fleck@kereport.com or Shad@kereport.com.