10:51 AM EDT, 03/12/2026 (MT Newswires) -- Cartier Resources ( ECRFF ) said Thursday that the ninth batch of results from the 100,000-meter drilling program on the Cadillac Project's Portal sector in Quebec, has revealed a new high-grade gold zone near surface.

According to a statement, the high-grade gold zone mineralization in the North Simon (NS) zone extends over 200 meters in strike length and remains open in all directions, suggesting significant upside exploration potential.

Other highlights include 7.1 grams per tonne (g/t) gold over 8.0 meters including 38.8 g/t Au over 1.0 meter, also in the NS zone.

Further expansion drilling is planned to significantly refine the geological model, verify the mineralization continuity and determine the gold enrichment vectors, the company said.

"These results of Portal Sector are particularly exciting as they confirm the presence of a fourth gold sector with strong exploration potential. Benefiting from the existing road access and historical infrastructure, this new sector has the potential for resource growth while being strategically located with respect to the Main Sector. We believe it could significantly enhance the value of the project and provide additional flexibility as we continue to advance and expand the overall development opportunities," said Ronan Deroff, vice president of exploration.

Cartier shares are up $0.01, to $0.27, on the TSX Venture Exchange.

Price: 0.27, Change: +0.01, Percent Change: +1.92