Cartier Resources Inc. announced drill results in the East Chimo Mine Sector, located at the midpoint of 450 m between the Chimo Mine and West Nordeau sectors. The results are located on the Chimo Mine Property, 100% owned by Cartier, which is located 45 km east of the Val-d'Or mining camp. The results for the current drilling program in the East Chimo Mine Sector expand dimension of the gold zones as follows: In the 5NE Gold Zone, drilling intersected 5.2 g/t Au over 4.0 m including16.5 g/t Au over 0.5 m. This intersection increases the length of Zone 5NE by 320 m, which now has a total length of 1,150 m. In the 5BS Gold Zone, drilling intersected 3.9 g/t Au over 6.9 m including9.0 g/t Au over 1.0 m. This intersection increases the length of Zone 5BS by 110 m, which now has a total length of 350 m. Recall that the Chimo Mine Project now consists of 29 gold zones that are situated within 19 gold structures, drilled over a strike length of 3.7 km and locally up to a depth of 1.6 km where the recent mineral resource estimate, dated August 22, 2022, reported: 7,128,000 tonnes at an average grade of 3.14 g/t Au for a total of 720,000 ounces of gold in the Indicated category and; 18,475,000 tonnes at an average grade of 2.75 g/t Au for a total of 1,633,000 ounces of gold in the Inferred category.

The lengths of the mineralized intersections are expressed as lengths measured along the drill core. The estimated true thickness of the mineralized intersections represents approximately 65 to 85% of the measured length.