Quadro Resources Ltd. is pleased to announce that it has signed a binding letter of intent with White Metal Resources Corp. for the platinum-palladium prospective Seagull Lake Property near Thunder Bay, Ontario. The LOI sets out a proposed transaction pursuant to which Quadro has acquired from WHM an option to acquire a 70% interest in WHM's Seagull Lake Property . SEAGULL LAKE PROPERTY The Seagull Lake Property is [...]
Quadro Resources Ltd. is pleased to provide an update on its planned exploration and drilling program for its two gold projects in Newfoundland. Following its recent private placement Quadro is preparing to aggressively explore and develop its highly prospective Staghorn and Long Lake gold projects in Newfoundland in Q2 2020. The two Company assets are located along the highly prospective Cape Ray Fault system which [...]
Untested Gold-in-till Targets up to 355 Gold Grains Quadro Resources Ltd. is pleased to announce it has optioned the 192 claim unit Long Lake Gold property. The property is located along the northwest boundary of the Marathon Gold project within an under-explored belt of mineralized volcano-sedimentary and intrusive rocks. Highlights from the property includes two areas of strong gold in soil and tills which have never [...]
Quadro Resources Ltd. reports results from its second phase diamond drill program on the Staghorn Gold Property located in southwestern Newfoundland. A total of 887 metres was completed in five holes. Highlights from the drilling was the intersection of a 50 metre wide graphitic schist/breccia zone carrying anomalous gold including 0.94 gpt Au over 3.0 m. This drill program targeted previously untested portions of the [...]
Quadro Resources Ltd. is pleased to report that it has commenced a second diamond drill program on the Staghorn Gold Property located in southwestern Newfoundland. The property covers a thirty kilometre strike length of the gold rich Cape Ray Fault Zone. A total of 1000 metres of drilling is anticipated in this program and results will be released as they become available. This current drill program will target the Ryan`s [...]
Quadro Resources, Metals Creek Resources and Benton Resources are pleased to announce that they have entered into an option agreement pursuant to which Quadro has acquired the option to earn the one-third interests held by each of MEK and BEX in the new jointly staked Conche Property on Newfoundland's Great Northern Peninsula. To exercise the Option the Company is required to issue 1 million shares to each of MEK and BEX [...]
Quadro Resources is pleased to provide an update regarding outlining a strong gold-in-soil anomaly from recent work at its Staghorn Gold property and its future exploration plans on both Staghorn and the recently staked Great Northern Peninsula claims. The 100% owned Staghorn property consists of 405 claim units covering a thirty kilometer strike length of the gold rich Cape Ray Fault. This structure hosts a number of [...]
Quadro Resources is pleased to report it has initiated a diamond drill program on its recently acquired Staghorn Gold Property located in southwestern Newfoundland. The 100% owned property consists of 405 claim units covering a thirty kilometer strike length of the gold rich Cape Ray Fault. This structure hosts a number of significant gold deposits including Marathon Gold's Valentine Lake deposit , located 30 kilometers [...]
Further to its August 21, 2017 news release, Quadro Resources is pleased to announce that the TSX Venture Exchange has accepted for filing the option agreement with Metals Creek Resources and Benton Resources whereby Quadro will be provided with an option to acquire a 100% interest in Metals Creek's and Benton's Staghorn property, located in Newfoundland, and all rights to their newly optioned Rose Gold property (the Rose [...]
Quadro Resources is pleased to announce the conditional acceptance of its reactivation from the NEX board to the TSX Venture Exchange and the conditional acceptance of the option to acquire a 100% interest in the interest of Benton Resources and Metals Creek Resources in the Staghorn property, located in Newfoundland and an assignment of Benton's and Metal Creek's rights to acquire the newly optioned Rose Gold property [...]
Quadro Resources announces that it is amending its $1 million financing previously announced June 7, by adding a half warrant to the flow through portion of the Financing. The Financing will now consist of (i) up to $250,000 of non-flow through units at a price of $0.10 per unit, each unit consisting of one common share and one warrant exercisable at $0.15 for a term of eighteen months subject to acceleration if the [...]
Quadro Resources is pleased to announce that it has entered into an agreement with Metals Creek Resource and Benton Resources whereby Quadro will be provided with an option to acquire a 100% interest in Metals Creek's and Benton's Staghorn property, located in Newfoundland, and all rights to their newly optioned Rose Gold property (the Rose Gold property is contiguous with the northern border of the Staghorn property, and [...]