Cartier Cuts 20.8 g/t Au over 4.0 m at Chimo Mine 500 m below the New Zones 5B4-5M4-5NE - Seite 2

Recall that, on May 5th 2020, using a price of gold of 1,300 $ US / oz and a cut-off grade of 2.5 g/t Au, the Chimo Mine property now hosts mineral resources of (FIGURE):

Gold Corridors Cut-off Grade 2.5 g/t Au	Indicated Resources			Inferred Resources
	Metric Tonnes (t)	Grade (g/t Au)	Troy Ounce  (oz)	Metric Tonnes (t)	Grade (g/t Au)	Troy Ounces  (oz)
Central (1)	3,263,300	4.40	461,280	3,681,600	3.53	417,250
North (2)	505,300	5.35	86,860	715,700	4.59	105,710
South (2)	249,000	4.63	37,060	480,600	4.84	74,840
Total	4,017,600	4.53	585,190	4,877,900	3.82	597,800

Note 1 :   Cartier Files NI 43-101 Technical Report on SEDAR for First Mineral Resource Estimate of the Central Gold Corridor on the Chimo Mine Property, GéoPointCom Inc. (2019)
Note 2 :   Cartier Increases Gold Resources of the Chimo Mine Property, InnovExplo Inc., May 5 2020

Zones 5B4-5M4-5NE and 5CE, situated 450 m east of the underground infrastructures are being drilled in order to increase the resource over a distance of 550 m below known zones.  The length of this cluster of gold-bearing zones is known over 1,300 m.

As well, internal engineering studies and tests of industrial sorting of the mineralization are in progress in order to assess possibilities of cost reduction while increasing gold ounce recuperation, which in turn could contribute to increasing the mineral resource of the property.  The first internal engineering study was completed with positive conclusions.

About Chimo Mine Project

• Cartier holds a 100% interest in the property for which 1% NSR ('' Net Smelter Return '') royalty has been granted to IamGold Corporation.  No rights of first refusal ('' buy-back '') have been granted.
   
• The property, which is accessible year-round, is located near 6 mills in the Val-d'Or area.
   
• Fourteen gold zones were exploited by 3 producers between 1964 and 1997 for a production of 379,012 ounces of gold (MERN DV 85-05 to DV-97-01).