PRECIOUS METALS

Cartier plans 3Moz Chimo resource growth

With a 25,000m drilling programme recently completed at its Chimo project near Val d’Or in Quebec, Canada, which included the initial results from the recently discovered New VG zone, Cartier Resources believes it has a line of sight on growing its 2.5Moz gold resource to 3-3.5Moz, chief executive Philippe Cloutier told Mining Journal.

 Cartier Resources' Chimo in Quebec, Canada

Cartier Resources' Chimo in Quebec, Canada

By the end of September, Cartier geologists expect to have completed the design of the next phase of drilling, which will focus in and around the historical Chimo mine shaft and underground infrastructure...

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