McLaren Resources Acquires the Remaining 50% Interest in Past-Producing Blue Quartz Gold Mine Property, Timmins Gold District, Ontario
Toronto, Ontario--(Newsfile Corp. - October 26, 2020) - McLaren Resources Inc. (CSE: MCL) (FSE:3ML) ("McLaren" or the "Company") announces that it has acquired from its joint venture partner, Orla Mining Ltd. ("Orla"), 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...
2020-10-26 4:05 PM EDT
McLaren Resources Closes $587,000 Financing
Toronto, Ontario--(Newsfile Corp. - July 13, 2020) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that it has closed a non-brokered private placement financing consisting of flow-through share units (the "Flow-Through Units") and common share units (the "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...
2020-07-13 5:43 PM EDT
McLaren Resources Arranges Financing
Toronto, Ontario--(Newsfile Corp. - June 30, 2020) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (OTC: MLRNF) ("McLaren" / the "Company") announces a non-brokered private placement of flow-through share units (the "Flow-Through Units") and common share units (the "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...
2020-06-30 4:00 PM EDT
McLaren Completes Agreements on Three Timmins Area Gold Properties
Toronto, Ontario--(Newsfile Corp. - May 14, 2020) - McLaren Resources Inc. (CSE:MCL) (FSE: 3ML) (OTC: MLRNF) ("McLaren") announces that it has completed a purchase and sale agreement ("PSA Agreement") and an option agreement ("Option Agreement") with Goldcorp Canada Ltd., a wholly-owned subsidiary of Newmont Corporation ("Newmont"), 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...
2020-05-14 4:00 PM EDT
McLaren Resources Closes Flow-Through Financing
Toronto, Ontario--(Newsfile Corp. - January 3, 2020) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (OTC: MLNRF) ("McLaren" or the "Company") 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...
2020-01-03 4:00 PM EST
McLaren Provides Update on Exploration in Timmins, Ontario
Toronto, Ontario--(Newsfile Corp. - February 14, 2019) - McLaren Resources Inc. ("McLaren" / the "Company") (CSE: MCL) (FSE: 3ML) (OTC: MLRNF) announces that it has completed 3,189 metres ("m") of exploration diamond drilling in six holes to test historic gold mineralization on the north section of the TimGinn Gold Property ("TimGinn") which is situated adjacent to the Hollinger and McIntyre Gold Mines owned by Goldcorp Canada Ltd. ("Goldcorp"). Furthermore, the company has commenced planning for its 2019 exploration program...
2019-02-14 6:30 PM EST
McLaren Resources Closes $100,000 Flow-Through Financing
Toronto, Ontario--(Newsfile Corp. - January 2, 2019) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (OTC: MLNRF) ("McLaren" or the "Company") announces that it has closed a non-brokered private placement financing consisting of flow-through units for aggregated gross proceeds of $100,000. The Company has issued a total of 2,000,000 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...
2019-01-02 4:48 PM EST
McLaren Commences Drill Program at TimGinn Property Adjacent to Hollinger Mine, Timmins, Ontario
Toronto, Ontario--(Newsfile Corp. - September 25, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (OTC: MLRNF) ("McLaren" / the "Company") announces that it intends to undertake approximately 2,200 metres of exploration diamond drilling in three or more holes to test historic high grade gold mineralization on the north section of the TimGinn Property which is situated adjacent to the Hollinger and McIntyre Gold Mines operated by Goldcorp Canada Ltd. ("Goldcorp"). Drilling is planned to commence during the last week...
2018-09-25 2:40 PM EDT
McLaren Clarifies Reasons Behind IIROC-Imposed Trade Halt
Toronto, Ontario--(Newsfile Corp. - June 18, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that Stockwatch.com has released an erroneous and at the same time unrealistic statement that "McLaren drills 366 m of 3.95 g/t Au at TimGinn. The company also drilled 231 metres of 0.53 g/t Au at the property." This aforementioned incorrect interpretation of our results disclosed in our press release of June 15, 2018 has led to an IIROC imposed Trade...
2018-06-18 3:40 PM EDT
McLaren Drills Gold Mineralization on TimGinn Property Adjacent to Hollinger Mine
Toronto, Ontario--(Newsfile Corp. - June 15, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that it has recently completed a four-hole, 1,071 metre diamond drill program that was successful in intersecting gold mineralization on the TimGinn Gold Property which is situated adjacent to the Hollinger Mine operated by Goldcorp Inc. ("Goldcorp").The gold mineralization which was intersected in McLaren's drill program crosses onto the TimGinn Gold Property from the Hollinger Mine property. The TimGinn...
2018-06-15 1:00 PM EDT
McLaren Completes Drill Program on TimGinn Gold Zones Located Adjacent to Goldcorp's Hollinger Mine
Toronto, Ontario--(Newsfile Corp. - April 13, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") is pleased to announce the successful completion of a four-hole, 1,038 metre, exploration drill program on its 238-hectare TimGinn Gold Property (the "Property") located in Tisdale Township, central Timmins, in the prolific Timmins Gold District, Northeastern Ontario, Canada. Drill core from the program has been sent for assay and results will be released in the coming weeks.The Property is located immediately north of...
2018-04-13 3:30 PM EDT
McLaren Elects Directors and Appoints Officers
Toronto, Ontario--(Newsfile Corp. - March 22, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Corporation") announces that at the annual and special meeting of shareholders (the "Meeting") held on March 21, 2018, each of the four nominees listed in the Management Information Circular dated February 19, 2018 was elected as a director of McLaren.Andrew Ramcharan, John Holko and Paul Crath were elected with 99.81% of the votes cast and John Heslop was elected with 99.57% of the votes...
2018-03-22 8:13 PM EDT
McLaren Updates on TimGinn Drilling Program near Hollinger Mine, Timmins, Ontario
Toronto, Ontario--(Newsfile Corp. - March 14, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (OTC: MLRNF) ("McLaren" / the "Company") announces that drilling has commenced on the TimGinn Property to target gold zones which trend from the former producing Gilles Lake Mine towards the Hollinger Mine operated by Goldcorp. The Gold Zones to be explored on the TimGinn Property are projected to cross the property boundary and trend towards and below the Hollinger Open Pit Mine.The Company also announces...
2018-03-14 4:00 PM EDT
McLaren to Drill Gold Zones on TimGinn Property Adjacent to the Hollinger Mine, Timmins, Ontario
Toronto, Ontario--(Newsfile Corp. - February 21, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (OTC: MLNRF) ("McLaren" / the "Company") announces that it intends to undertake approximately 1,500 metres of exploration diamond drilling in three holes to expand gold mineralization on the south boundary of the TimGinn Property which is situated between the Hollinger and McIntyre Gold Mines operated by Goldcorp Canada Ltd. ("Goldcorp"). Drilling is planned to commence during the last week of February. The Hollinger Open Pit...
2018-02-21 9:00 AM EST
McLaren Resources Closes $427,500 Financing
Toronto, Ontario--(Newsfile Corp. - February 12, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) (OTC: MLNRF) ("McLaren" or the "Company") announces that it has closed a non-brokered private placement financing consisting of common share units for aggregated gross proceeds of $427,500. The Company has issued a total of 3,420,000 common share units at a price of $0.125 per unit. Each common share unit consists of one common share and one common share purchase warrant which entitles the holder to...
2018-02-12 9:00 AM EST
McLaren Resources Announces Plans to Develop a Blockchain Platform for Use in Mining Related Industry and Arranges Additional Financing
Toronto, Ontario--(Newsfile Corp. - January 24, 2018) - McLaren Resources Inc. (CSE: MCL) (OTC: MLRNF) (FSE: 3ML) ("McLaren" / the "Company") is pleased to announce that the Company plans to establish a new subsidiary corporation to develop a blockchain platform for mining industry information using a distributed ledger system for the transfer of data, documentation and related information. Mining industry data, including geological and other forms of mining industry information, will be exchanged by platform participants including participants who develop...
2018-01-24 9:00 AM EST
McLaren Resources Increases Non-Brokered Private Placement Financing to $565,000
Toronto, Ontario--(Newsfile Corp. - January 15, 2018) - McLaren Resources Inc. (CSE: MCL) (OTC: MLRNF) (FSE: 3ML) ("McLaren" or the "Company") announces that it has increased the non-brokered private placement financing previously announced on January 2, 2018 from $350,000 to $565,000. The increased financing consists of common share units for gross proceeds of $215,000. With respect to the increased financing, the Company has issued a total of 2,150,000 common share units at a price of $0.10 per unit. ...
2018-01-15 1:58 PM EST
McLaren Drills Gold Mineralization on Augdome Property, Adjacent to Proposed Dome Mine Expansion
Toronto, Ontario--(Newsfile Corp. - January 4, 2018) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces that it has recently completed an eleven-hole, 1,727 metre diamond drill program that was successful in intersecting gold mineralization on the west boundary of the Augdome Gold Property which is situated adjacent to the Dome Mine operated by Goldcorp Inc. ("Goldcorp")On October 25, 2017, Goldcorp announced a base case pre-feasibility study with a contained resource which included approximately 4.5 million...
2018-01-04 9:00 AM EST
McLaren Resources Closes $350,000 Financing
Toronto, Ontario--(Newsfile Corp. - January 2, 2018) - McLaren Resources Inc. (CSE: MCL) (FWB: 3ML) ("McLaren" or the "Company") announces that it has closed a non-brokered private placement financing of $350,000. The financing consists of flow-through share units in the amount of $310,000 and common share units in the amount of $40,000 for aggregated gross proceeds of $350,000. The Company has issued a total of 3,100,000 flow-through share units at a price of $0.10 per unit and 400,000 common share...
2018-01-02 9:00 AM EST
McLaren Resources Starts Exploration Drill Program on Its Augdome Gold Property
Toronto, Ontario--(Newsfile Corp. - October 23, 2017) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces the commencement of an exploration drill program on its 414-hectare Augdome Gold Property (the "Property") located in Tisdale and Whitney Townships in the prolific Timmins Gold District, Northeastern Ontario, Canada.The Property is located immediately to the east of the Dome Mine property held by Goldcorp Canada Ltd. ("Goldcorp"). The Property has seen several phases of historical gold exploration from 1909...
2017-10-23 9:30 AM EDT