VAL-D'OR, Quebec - Cartier Resources Inc. (TSXV: ECR, FSE: 6CA) (the 'Company') announces the termination, effective May 23, 2024, of the option agreement (Original Agreement, April 22nd 2021 and Amended Agreement, April 20th 2023) pertaining to its 100% owned Wilson Property, situated 15 km east of Lebel-sur-Quevillon, due to the third anniversary earn-in commitments not being met by the optionor, which was notified accordingly.

The project has three key exploration success components: Location

Mining camp jurisdiction of Quebec, Canada

Infrastructures and qualified workers

High grade gold mineralization

Trench and drill hole with multiple high grade gold intersections

High grade gold Toussaint Deposit open below 200 m

Blue-sky

Numerous high grade gold discoveries with expansion potential

Compilation in progress and planning next steps

A review and interpretation of all historical exploration data, as well as recent drilling will be undertaken with a focus on the areas with high-grade gold potential on which to focus the next phases of work.

The areas with known gold mineralization of the project offer the most obvious exploration upside potential and starting point for discovering additional mineralized zones ' commented Philippe Cloutier, President and CEO.

Contact:

Philippe Cloutier

P.Geo.

Tel: 819 856-0512

Email: philippe.cloutier@ressourcescartier.com

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