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Cartier consolidates Fenton

Cartier Resources has signed a letter of agreement with Soquem, a subsidiary of Investissement Quebec, to acquire its 50% interest in the 14 mining claims that comprise the Fenton gold project. The transaction will give Cartier a 100% interest in the claims.

Staff reporter
Cartier Resources' Fenton gold project in quebec, Canada

Cartier Resources' Fenton gold project in quebec, Canada

Cartier will pay C$700,000 with $300,000 in cash and $400,000 in stock. Soquem will also transfer to Cartier five contiguous claims near Fenton which will increase its land holdings to 18 mining claims....

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