Agnico-backed Cartier lowers Cadillac spend in Quebec gold belt

Agnico-backed Cartier lowers Cadillac spend in Quebec gold belt

Cartier Resources (TSXV: ECR; US-OTC: ECRFF) has cut the initial cost of building its Cadillac gold project in Quebec while extending its proposed mine life, according to a new preliminary...

Cartier announces updated PEA for the Cadillac Project: After-tax NPV5% of C$1.0 billion and after-tax IRR of 26.6% at US$3,600/oz gold price

Average annual production of 100 koz of gold over a 16.2-year mine life – After-tax NPV5% of C$1,565 M and after-tax IRR of 37.3% at spot gold of US$4,300/oz – NPV5% to initial capital ratio of 3.6x Highlights Robust Economics After-tax NPV5% of C$1,001 M and after-tax IRR of 26.6% at a base case gold […]

Cartier's Updated Cadillac PEA Raises After-Tax NPV to $1.0 Billion From $388 Million in 2023

Cartier Resources (TSXV: ECR) has released an updated preliminary economic assessment for its Cadillac gold project. The study puts the project’s after-tax net present value at C$1.0 billion using a 5% discount rate, with an after-tax internal rate of return of 26.6%. The base case uses gold at US$3,600 an ounce and an exchange rate […]