Cartier's Cadillac Project Shows Robust Economics in Updated PEA

Cartier Resources Inc. has announced an updated Preliminary Economic Assessment (PEA) for its Cadillac Project, located in Val-d'Or, Quebec.

The updated PEA was prepared by Evomine Consulting Inc. and incorporates the updated mineral resource estimate announced on December 18, 2025, and metallurgical results announced on May 14, 2026.

According to the report, the project has a robust economics profile with an after-tax NPV5% of C$1,001 M and an after-tax IRR of 26.6% at a base case gold price of US$3,600/oz.

The project also has a life-of-mine after-tax free cash flow of C$2,772 M over a 16.2-year mine life with an average annual gold production of 100koz and total recovered gold production of 1,610koz.