McLaren Resources Inc. announces that it has closed a non-brokered private placement financing consisting of flow-through share units for gross proceeds of $266,560. The Company has issued a total of 3,808,000 Flow-Through Units. 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 basis pursuant to [...]
McLaren Resources Inc. is pleased to announce that it has commenced 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 over 70 million ounces of gold have been produced to date. The first phase exploration program will consist of approximately 13 kilometers of line-cutting and induced polarization geophysical [...]
McLaren Resources Inc. is pleased to announce that it has quintupled the size of its 100%-owned McCool gold property which is located in the prolific Timmins Gold Region of Northeastern Ontario, Canada where over 70 million ounces of gold have been produced to date. McLaren has recently acquired an additional 50 full mineral claims and 10 partial mineral claims, together comprising approximately 1,375 hectares , from two [...]
McLaren Resources Inc. is pleased to announce that it has been issued a mineral exploration permit by the Ontario Ministry of Energy, Northern Development and Mines for its 100% - owned McCool gold property which is located in the prolific Timmins Gold Region of Northeastern Ontario, Canada where over 70 million ounces of gold have been produced to date. The McCool Permit has been issued to McLaren for an initial two-year [...]
McLaren Resources Inc. is pleased to announce that it has been issued a mineral exploration permit by the Ontario Ministry of Energy, Northern Development and Mines for its 100%-owned Kerrs gold property located in the prolific Timmins Gold District of Northeastern Ontario, Canada where over 70 million ounces of gold have been produced to date. The Kerrs Permit has been issued to McLaren for an initial three-year term [...]
McLaren Resources Inc. is pleased to announce that it is moving forward with plans to carry out exploration work during 2021 on its 100%-owned gold exploration properties which are located in the prolific Timmins Gold District of Northeastern Ontario, Canada. McLaren has filed applications for exploration permits with the Ontario Ministry of Energy, Northern Development and Mines for the McCool and Kerrs gold properties [...]
McLaren Resources Inc. announces that it has closed a non-brokered private placement financing consisting of flow-through share units for gross proceeds of $300,000. The Company has issued a total of 3,750,000 Flow-Through Units. The Flow-Through Units were issued at a price of $0.08 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 [...]
McLaren Resources Inc. announces that it has acquired from its joint venture partner, Orla Mining Ltd. , the remaining 50% interest, to hold a 100% interest, in the past-producing Blue Quartz Gold Mine property which is located in the prolific Timmins Gold District of Northeastern Ontario. Consideration for the acquisition was 300,000 treasury shares of McLaren which cannot be traded on the open market by Orla prior to [...]
McLaren Resources Inc. announces that it has closed a non-brokered private placement financing consisting of flow-through share units and common share units for aggregate gross proceeds of $587,000. The Company has issued a total of 6,540,000 Common Share Units and 5,200,000 Flow-Through Units. Both, the Flow-Through Units and the Common Share Units were issued at a price of $0.05 per unit. Each Flow-Through Unit consists [...]
McLaren Resources Inc. announces a non-brokered private placement of flow-through share units and common share units for aggregated gross proceeds of up to $500,000. Both the flow-through units and common share units will be issued at a price of $0.05 per unit. Each Flow-Through Unit consists 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 [...]
McLaren Resources Inc. announces that it has completed a purchase and sale agreement and an option agreement with Goldcorp Canada Ltd., a wholly-owned subsidiary of Newmont Corporation , on Newmont's McCool and Kerrs gold properties and McLaren's Augdome gold property, respectively. All three gold properties are located in the prolific Timmins Gold District in Northeastern Ontario where over 70 million ounces of gold have [...]
McLaren Resources Inc. announces that it has closed a non-brokered private placement financing consisting of 600,000 flow-through units for aggregated gross proceeds of $30,000. McLaren has issued a total of 600,000 flow-through units at a price of $0.05 per unit. Each flow-through unit consists of a common share issued on a flow-through basis and one-half of a common share purchase warrant with an exercise price of $0.10 [...]