DOLLIER PROJECT

Hosts the Dollier gold deposit. Partially outlined by 40 DDH and trenches. On May 13th, 2021, Cartier signed an option agreement with Delta Resources Limited (“Delta”) to option 100% of its interests in its Dollier property.

During the four-year option period, Delta shall have the sole and exclusive right and option to earn a 100% interest (the “Option”) by issuing in favour of Cartier of an aggregate of 600,000 common shares of Delta and incurring not less than $1,000,000 in exploration expenditures on the Dollier property.

Upon the exercise of the Option, Cartier will be granted a 2% NSR production royalty on the Dollier property, half of which (1% NSR) will be redeemable for $ 2,000,000 and the other half (1% NSR) will be redeemable for $ 15,000,000.