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ECRFF / Cartier Resources shares jump on PEA results

Cartier Resources Inc. (TSX-V:ECR) shares climbed 31% to $0.175 on Thursday after the advanced gold project exploration company revealed the results of a Preliminary Economic Assessment (PEA) on the Chimo Mine Project located in Quebec's Val-d'Or mining camp. Highlights included an estimated post-tax net present value (NPV), using a 5% discount rate, of C$388 million, an internal rate of return (IRR) of 20.8%, and Capex of C$341 million. Read More

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Posted: Apr 13 2023, 13:08

Author Name: Proactive Investors

ECRFF News

By Proactive Investors
April 13, 2023

Cartier Resources shares jump on PEA results

Cartier Resources Inc. (TSX-V:ECR) shares climbed 31% to $0.175 on Thursday after the advanced gold project exploration company revealed the results o

By Kitco
May 19, 2022

Agnico Eagle ups its stake in gold explorer Cartier Resources

(Kitco News) - Agnico Eagle (TSX: AEM) announced yesterday that it has agreed to subscribe for 14,000,000 units of Cartier Resources (TSX-V: ECR) in a

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