Metalore Resources Ltd.

Metalore Resources Ltd. is pleased to announce that P&E Mining Consultants Inc. has revealed a high grade 30 g/t grade shell in their 3D model of the Cedartree gold deposit and recommend at least 7,000 metres of drilling to expand the known mineralized zone. Claude P. Larouche, Ing. who authored the initial resource estimate recently suggested that the 30 g/t grade shell would clearly indicate the direction to depth of [...]

Metalore Resources Ltd. is pleased to announce that the Company and Greenstone Gold Mines will be engaged in exploration on the Brookbank Properties. Greenstone Gold Mines, as operator will oversee soil sampling, localized prospecting and a LIDAR survey in preparation for future exploration. Metalore, as Joint Venture partner has agreed that such activity is warranted. Armen Chilian, President of Metalore states "We are [...]

Metalore Resources Ltd. is pleased to announce that the Company has signed an Engagement Letter with P&E Mining Consultants Inc. to develop 3D wireframe grade shells of the gold mineralization at its 100% owned Cedartree property, Sioux Narrows, Ontario. P&E Mining Consultants Inc., incorporated in 2004, with a group of 22 professional geologists and engineers has undertaken over 300 projects worldwide including Mineral [...]

Metalore Resources Limited is pleased to announce the results of its recent annual general meeting of shareholders , which was held on September 28, 2019. A total of 1,282,654 common shares were represented at the AGM. All the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and information circular dated September 3, 2019, were approved by the requisite majority of votes [...]

Metalore Resources Ltd. announces that it has been granted the right by the Ontario Energy Board to sell natural gas directly to an end user. The OEB has given the Company a Certificate of Public Convenience and Necessity which will allow it to supply natural gas to a 31,000 sq ft. processing facility owned and operated by New Leaf Canada Inc. in Norfolk County, southern Ontario. In its decision the OEB ruled that [...]

Metalore Resources Ltd. has been working with a cannabis grower to gain a significantly higher price for its natural gas than currently offered by Union Gas Limited . Although Metalore has enjoyed better revenue this past quarter, the recent winter price spikes in natural gas are not sustainable. With the United States now the number one producer of natural gas in the world, it is anticipated that more supply from the USA [...]

Metalore Resources has discovered additional gold at its 100% owned Cedartree mining claims, Kenora District, Ontario. A prospecting, sampling and trenching program has uncovered a parallel gold-enriched granodiorite located to the southeast of drill hole intercepts within the main gold corridor.   The 75 meter wide corridor contains notable visible gold and cross-cuts a folded and compressed group of lithologies which [...]

Metalore Resources is pleased to announce that it has commenced an exploration program at its 100% owned Cedartree mining claims, Kenora District. The prospecting, sampling and trenching program is primarily designed to extend the drill tested 75 meter wide gold corridor to the southeast at surface. The fine to coarse grain gold within this wide corridor occurs in fracture – fill quartz and quartz/carbonate veinlets that [...]

Metalore Resources is pleased to announce the results of its recent annual general meeting of shareholders, which was held on September 30, 2017. A total of 1,137,486 common shares were represented at the AGM, representing 64.08% of the votes attached to all outstanding common shares as at the record date. All the matters submitted to the shareholders for approval as set out in the Company’s notice of meeting and [...]

Metalore Resources announces the board of directors of the Corporation has approved the grant of an aggregate of 48,000 options to purchase common shares in the capital of the Company by certain directors and officers, consultants and employees. The Options are exercisable at a price of $3.00 per common share for a term of three years, until June 16, 2020. The issuance of options is subject to all necessary approvals by [...]