McLaren Resources Inc.

McLaren Resources Inc. announces closing of a non-brokered private placement financing consisting of 11,650,000 Common Share Units for gross proceeds of $582,500. The Common Share Units are issued at a price of $0.05 per unit, with each Unit consisting of one common share in the capital of McLaren and one common share purchase warrant exercisable at a price of $0.10 per common share for a period of 24 months from the date [...]

McLaren Resources Inc. announces closing of a non-brokered private placement financing consisting of 2,323,000 Flow-Through Units for gross proceeds of $150,995. The Flow-Through Units are issued at a price of $0.065 per unit, with each FT Unit consisting of one common share in the capital of McLaren issued on a flow-through basis pursuant to the Income Tax Act and one-half of one common share purchase warrant. Each whole [...]

McLaren Resources Inc. announces a non-brokered private placement financing consisting of 4,600,000 Flow-Through Units . The Flow-Through Units are to be issued at a price of $0.065 per unit, with each FT Unit consisting of one common share in the capital of McLaren issued on a flow-through basis pursuant to the Income Tax Act and one-half of one common share purchase warrant. Each whole warrant is exercisable into one [...]

McLaren Resources Inc. announces that it is planning to perform a Drone MAG geophysical survey over selected areas of the Blue Quartz Gold Property located 73 km east of Timmins. The Blue Quartz Gold Property neighbors the Munro-Croesus Gold Project of ONYX Gold Corp. and the Goldarm Property of GFG Resources Inc. and is located north of the Fox Gold Mine property of McEwen Mining Inc. . The Blue Quartz Property is [...]

McLaren Resources Inc. has purchased a 1.0 % Net Smelter Returns Royalty held by a prospector on the 1,495 hectare crown claims portion of the McCool gold property located in McCool Township, Timmins, Ontario. Consideration for the purchase was $6,000 cash and 100,000 common shares of McLaren. As a result of the above transaction, the only remaining NSR on the McCool property is held by Newmont Corporation and consists of [...]

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 [...]