PRECIOUS METALS

Cartier publishes first Chimo resource

Cartier Resources has announced a mineral resource estimate for the central gold corridor at its Chimo property near Val-d’Or, Quebec, Canada.

Staff Reporter
Philippe Coultier at Chimo, Quebec, Canada

Philippe Coultier at Chimo, Quebec, Canada

The company reported an indicated resource of 3.3 million tonnes at an average grade of 4.4 grams per tonne gold for 461,280 ounces at a US$1,292/oz gold price and a 2.5g/t cut-off grade based on the use...

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