Cartier Resources

Cartier Resources is advancing one of Quebec’s most compelling gold exploration stories. With a 100% owned land package covering more than 15 kilometres of the Larder Lake–Cadillac Fault Zone, the company is defining a new district-scale gold camp east of Val-d’Or.

In 2022, Cartier consolidated the East Cadillac property with its flagship Chimo Mine Project, creating a continuous, highly prospective land position. Drilling in 2023–2024 confirmed 10 gold-bearing zones across 10 kilometres, with standout results including 173.5 g/t at VG10, 26.2 g/t at Portal, and 44.7 g/t at Bluegrass. Mineralization remains open in all directions, reinforcing the scale of the opportunity.

Backed by Agnico Eagle Mines (27% equity stake) and institutional investors, Cartier recently raised $11.4 million to fund a major 100,000-metre drill program running through 2027. This campaign will test near-surface systems while pursuing new discoveries identified by VRify’s AI platform, which flagged 12 additional high-priority targets.

Management Profile:

Philippe Cloutier P.Geo. - President, Chief Executive Officer | Director

Philippe Cloutier, P.Geo., brings more than 35 years of experience in mining exploration and development, combining a solid geological background with a proven ability to unite people of diverse skills toward a common goal. Holding a B.Sc. in Geology and a Certificate in Human Resource Management, he has held senior roles with Noranda Inc., Aur Resources Inc., SOQUEM, and Alexis Minerals. Philippe played a lead role in the discovery and delineation of the Bell-Allard South Cu-Zn Mine in Matagami, Quebec, and contributed to other significant discoveries in the Abitibi region. Since founding Cartier Resources in 2006, he has guided the company’s growth through strategic land acquisitions, disciplined exploration, and strong industry relationships. His leadership extends beyond Cartier, having served as Chairman of the Board of the Association de l’exploration minière du Québec (AEMQ) and as a long-standing member of the Ordre des Géologues du Québec’s.

Nancy Lacoursière - Chief Financial Officer

Ms. Lacoursière has served as Chief Financial Officer of Cartier Resources since 2010, bringing over 24 years of accounting experience, including 15 years in the mining sector. Prior to joining Cartier, she spent nine years in public accounting, gaining a strong foundation in financial reporting and compliance. She holds a Bachelor’s degree in Accounting from the University of Québec in Abitibi-Témiscamingue. Ms. Lacoursière’s deep operational knowledge ensures sound financial stewardship and continuity within Cartier’s evolving growth strategy.

Ronan Deroff - P.Geo. - Vice President, Exploration

Mr. Deroff is a professional geologist with over 17 years of progressive experience in mineral exploration, focused primarily on Quebec’s Abitibi Greenstone Belt and its gold and VMS deposits. Since joining Cartier Resources in 2008, he has advanced from early fieldwork and grassroots discovery to leading exploration strategy, project evaluation, and resource development. As Vice President of Exploration, he has played a key role in consolidating the Cadillac Project and advancing a +2.3 Moz gold deposit east of Val-d’Or. Over his career, he has supervised more than 150,000 metres of surface and deep directional drilling, demonstrating strong technical expertise, hands-on leadership, and strategic vision. Mr. Deroff holds M.Sc. and B.Sc. degrees in geology from French universities and is a member of the OGQ and AEMQ.

Manon Waltz - Corporate Development Coordinator

Ms Waltz is a new member on the Cartier Resources team as Corporate Development Coordinator. With over 17 years of experience in management within the public sector, Ms Waltz has consistently demonstrated a strong sense of organizational skills, a proactive mindset, and excellent communication abilities and leadership skills. These qualities will be valuable assets in advancing Cartier’s corporate development objectives.