McLaren Resources Inc. announces the completion of the sale of the Augdome gold property for $572,889 and a 1.0 % net smelter returns royalty on any gold produced from the property pursuant to a four-year option agreement with Goldcorp Canada Ltd., a subsidiary of Newmont Corporation. The option agreement was originally announced by McLaren on May 14, 2020. McLaren held its interest in the Augdome property through a [...]
McLaren Resources Inc. provides an update on the Augdome gold property which was optioned by Goldcorp Canada Ltd. for inclusion in the Dome Mine open pit expansion project. The four year option agreement to purchase the Augdome property for $500,000 was announced on May 14, 2020 by McLaren. The effective date of the agreement is August 26, 2020 and Newmont holds the option on the Augdome property through its ownership of [...]
McLaren Resources announces that it has closed a non-brokered private placement financing consisting of flow-through share units for gross proceeds of $250,050. The Company has issued a total of 3,334,000 Flow-Through Units. The Flow-Through Units were issued at a price of $0.075 per unit, with each Flow-Through Unit consisting of one common share in the capital of McLaren issued on a flow-through basis pursuant to the [...]
McLaren Resources Inc. announces that it has added an additional 18 mineral exploration claims, covering approximately 380 hectares , to its prospective McCool gold property. McLaren recently announced it had intersected high grade gold mineralization, including 16.5 grams per tonne gold over 6.0 metres , including 21.1 g/t Au over 4.5 m; 10.8 g/t Au over 9.0 m, including 59.3 g/t Au over 1.5 m; 7.9 g/t Au over 4.5 m [...]
McLaren Resources Inc. is pleased to announce that it has intersected high grade gold mineralization, including 16.5 grams per tonne gold over 6.0 m, including 21.1 g/t Au over 4.5 m; 10.8 g/t Au over 9.0 m, including 59.3 g/t Au over 1.5 m; 7.9 g/t Au over 4.5 m, including 21.8 g/t over 1.6 m; and 58.4 g/t Au over 1.5 m; as well as wide intervals of lower grade gold mineralization, in recently completed exploration [...]
McLaren Resources Inc. announces that it has closed the final tranche of a non-brokered private placement financing consisting of flow-through share units for gross proceeds of $107,870, in addition to the gross proceeds of $420,070 from the first tranche. The Company has issued a total of 1,541,000 Flow-Through Units. The Flow-Through Units were issued at a price of $0.07 per unit, with each Flow-Through Unit consisting [...]
McLaren Resources Inc. is pleased to announce that it has completed 4,361 metres of exploration diamond drilling in 11 holes during two drill programs on its 100%-owned McCool gold property which is located in the prolific Timmins Gold Region of Northeastern Ontario, Canada where well over 70 million ounces of gold have been produced to date. The first phase program consisted of 2,392 m of core drilling in 6 holes and the [...]
McLaren Resources Inc. is pleased to announce that, after a successful equity financing , it has commenced a phase two exploration diamond drilling program on its 100%-owned McCool gold property which is located in the prolific Timmins Gold Region of Northeastern Ontario, Canada where well over 70 million ounces of gold have been produced to date. It is anticipated that the second phase exploration diamond drill program [...]
McLaren Resources Inc. announces that it has closed a non-brokered private placement financing consisting of flow-through share units for gross proceeds of $420,070. The Company has issued a total of 6,001,000 Flow-Through Units under the financing. The Flow-Through Units were issued at a price of $0.07 per unit, with each Flow-Through Unit consisting of one common share in the capital of McLaren issued on a flow-through [...]
McLaren Resources Inc. is pleased to announce that it has completed a phase one exploration diamond drilling program on its 100%-owned McCool gold property which is located in the prolific Timmins Gold Region of Northeastern Ontario, Canada where well over 70 million ounces of gold have been produced to date. The first phase diamond drill program consisted of 2,392 metres of core drilling in 6 holes. The primary purpose [...]
McLaren Resources Inc. is pleased to announce that it has commenced a phase one exploration diamond drilling program on its 100%-owned McCool gold property which is located in the prolific Timmins Gold Region of Northeastern Ontario, Canada where well over 70 million ounces of gold have been produced to date. The first phase exploration diamond drill program will consist of approximately 2,000 metres of core drilling in 6 [...]
McLaren Resources Inc. is pleased to announce that it has completed a phase one exploration program on its 100%-owned McCool gold property which is located in the prolific Timmins Gold Region of Northeastern Ontario, Canada where well over 70 million ounces of gold have been produced to date. The first phase exploration program, carried out by Exsics Exploration Ltd. of Timmins, Ontario, consisted of approximately 13 [...]
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