CA Market News
3週前
McLaren Commences Geophysical Program at McCool Gold Property, Timmins, OntarioMay 12, 2026 5:00 PM
NewsfileToronto, Ontario--(Newsfile Corp. - May 12, 2026) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") has commenced a Drone MAG geophysical survey over the McCool gold exploration property located 85 east of Timmins, Northeastern Ontario. The MAG geophysical survey is designed to overfly a 5 km area on the western portion of the property. The 100 percent owned McCool property covers approximately 7 km of the east-west trending Centre Hill Fault.The Drone MAG survey program covers the gold mineralized corridor with survey lines spaced at 60 metres and oriented perpendicular to the Centre Hill Fault. The program plan is for 141.6 km of lines to be flown during May 2026.Geophysical work was carried out on the eastern 2 km portion of the McCool property in 2022 and was followed by successful gold exploration drilling (see January 24, 2023 news release). The focus of the current program is the extension along geological strike to the west of the of the previous gold exploration drilling. The McCool Property is adjacent to the Fenn-Gib Gold Project of Mayfair Gold to the south-west and the Munro-Croesus Gold Project of ONYX Gold to the west. The Tower Project of STLLR Gold is adjacent to the south and south-east of the McCool property. See Figure 1, below.The McCool gold exploration property neighbors several gold projects and gold mines including the Fox gold mine operated by McEwen Mining and the Holt Mine Complex of Agnico Eagle Mines. The McCool Property is situated on geological fault structure associated with the Destor Porcupine Fault Zone that trends east-west within the Abitibi Greenstone Belt.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/932/297140_mclarenres.jpgAbout McLaren Resources
McLaren is focused on exploration work on its gold properties in the Timmins Gold Region of Northeastern Ontario, Canada. McLaren owns a 100% interest in the past-producing 640 ha Blue Quartz Gold Mine property as well as the 1,770 ha McCool gold property and the 775 ha Kerrs gold property, which are located approximately 80 km east of Timmins city centre. The properties are proximal to the Destor Porcupine Deformation Zone which is host to many of the gold deposits within the Abitibi Greenstone Belt. Qualified Person
The technical information presented in this news release has been reviewed and approved by William MacRae, P.Geo., a consultant to McLaren, the qualified person for McLaren as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).For more information, please contact:Radovan Danilovsky, President
Phone: 416-203-6784
info@mclarenresources.comMCLAREN RESOURCES INC.
30 Duncan Street, Suite 606, Toronto, Ontario, M5V 2C3www.mclarenresources.com.The Canadian Securities Exchange has neither approved nor disapproved the contents of the press release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. Certain statements contained in this news release constitute "forward-looking statements". When used in this document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward-looking statements or information. These statements are based on current expectations of management; however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. McLaren Resources Inc. does not undertake any obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297140 Original: McLaren Commences Geophysical Program at McCool Gold Property, Timmins, Ontario
CA Market News
1月前
McLaren Completes Drone MAG Program at Blue Quartz Gold Property, Timmins, OntarioApril 20, 2026 5:00 PM
NewsfileToronto, Ontario--(Newsfile Corp. - April 20, 2026) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") completed a Drone MAG geophysical survey over the Blue Quartz gold exploration property located 73 km east of Timmins, Northeastern Ontario. The MAG geophysical survey consisted of a total of 20.9 km of lines with 50m spacing flown over two target areas were surveyed on the past producing Blue Quartz mine property. McLaren is currently analyzing the information provided by the MAG geophysical survey together with existing property data and geological information to design a gold exploration drill program. The exploration drill program is to be focused on gold zones situated with a mineralized corridor that crosses the Blue Quartz property from the southeast to the northwest.The primary target area is the extension of gold zones along strike to the west of the Blue Quartz Mine. The past producing Blue Quartz underground mine workings are situated on patented mining claims 100 percent owned by McLaren.Exploration success at the adjacent Argus North discovery on the Munro-Croesus Gold Project situated along structural trend to the southeast and the exploration success on the Aljo Project on the Goldarm Property adjacent to the northern property boundary highlight the gold exploration potential of the Blue Quartz property.The Blue Quartz Property is adjacent to the Munro-Croesus Gold Project of ONYX Gold and the Goldarm property of GFG Resources and is located north of the Fox gold mine operated by McEwen Mining. Along structural trend adjacent to the east of the Munro-Croseus Gold Project is the Fenn-Gibb Project of Mayfair Gold. The Blue Quartz property is situated on geological faults associated with the Destor Porcupine Fault Zone that trends east-west within the Abitibi Greenstone Belt. About McLaren Resources
McLaren is focused on exploration work on its gold properties in the Timmins Gold Region of Northeastern Ontario. McLaren owns a 100% interest in the past-producing 640 ha Blue Quartz Gold Mine property as well as the 1,770 ha McCool gold property and the 775 ha Kerrs gold property, which are located approximately 80 km east of Timmins city centre. The properties are proximal to the Destor-Porcupine Deformation Zone which is host to many of the gold deposits within the Abitibi Greenstone Belt. Qualified Person
The technical information presented in this news release has been reviewed and approved by William MacRae, P.Geo., a consultant to McLaren, the qualified person for McLaren as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).For more information, please contact:Radovan Danilovsky, President
Phone: 416-203-6784
info@mclarenresources.comMCLAREN RESOURCES INC.
30 Duncan Street, Suite 606 Toronto, Ontario M5V 2C3www.mclarenresources.com.The Canadian Securities Exchange has neither approved nor disapproved the contents of the press release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. Certain statements contained in this news release constitute "forward-looking statements". When used in this document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward-looking statements or information. These statements are based on current expectations of management; however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. McLaren Resources Inc. does not undertake any obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293450
Original: McLaren Completes Drone MAG Program at Blue Quartz Gold Property, Timmins, Ontario
CA Market News
2月前
McLaren Resources Completes FinancingMarch 27, 2026 10:29 PM
NewsfileToronto, Ontario--(Newsfile Corp. - March 27, 2026) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces final closing of a non-brokered private placement financing. McLaren has raised gross total proceeds of $662,500. The Company has issued an additional 1,600,000 Common Share Units (the "Unit"), in addition to the 11,650,000 Units previously reported on March 5, 2026. 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 of issuance. In connection with the final closing of the financing, McLaren paid $5,600 in finder's fees to Ventum Financial Inc. and $800 to Stephen Avenue Securities Inc.Gross proceeds from the financing will be used by McLaren for general working capital purposes including exploration work on the Company's properties which are located in the Timmins Gold Region of Northeastern Ontario, Canada. ABOUT MCLARENMcLaren is focused on exploration work on its gold properties in the Timmins Gold Region of Northeastern Ontario. McLaren owns a 100% interest in the past-producing 640 ha Blue Quartz Gold Mine property, plus the 1,770 ha McCool gold property and the 775 ha Kerrs gold property, which are located approximately 80 km east of Timmins city centre. The properties are proximal to the Destor-Porcupine Deformation Zone which is host to many of the gold deposits within the Abitibi Greenstone Belt. For more information, please contact:Radovan Danilovsky, President
Phone: 416-203-6784
info@mclarenresources.comMCLAREN RESOURCES INC.
30 Duncan Street, Suite 606 Toronto, Ontario M5V 2C3www.mclarenresources.com.The Canadian Securities Exchange has neither approved nor disapproved the contents of the press release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. Certain statements contained in this news release constitute "forward-looking statements". When used in this document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward-looking statements or information. These statements are based on current expectations of management; however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. McLaren Resources Inc. does not undertake any obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws.This news release is not for distribution in the United States.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290328
Original: McLaren Resources Completes Financing
CA Market News
3月前
McLaren Resources Initial Closing of FinancingMarch 5, 2026 6:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 5, 2026) - McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" / the "Company") announces closing of a non-brokered private placement financing consisting of 11,650,000 Common Share Units (the "Unit") 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 of issuance. The Company is currently arranging additional funds to raise up to $750,000 total.In connection with the financing, McLaren paid $2,200 in finders fees to Stephen Avenue Securities Inc., 104,000 Common Share Units to Haywood Securities Inc. and to Accilent Capital Management Inc. ("Accilent"), a finder's fee of 400,000 Common Share Units of the Company. After giving effect to the securities issued as set out and described in this news release, Accilent, a principal shareholder of the Company as a finder and also as a subscriber of Flow-Through Units through its affiliate Pavilion Flow-Through L.P., has increased its direct and indirect holding of the voting securities of McLaren from 28.99% to 30.72% of shares outstanding, or 28.48% to 31.01% on a fully diluted basis.Gross proceeds from the financing will be used by McLaren for general working capital purposes including exploration work on the Company's properties which are located in the Timmins Gold Region of Northeastern Ontario, Canada.The Company has granted options to buy 2,200,000 common shares of McLaren to officers and consultants. The options have an exercise price of $0.10 per share and have a term of two years. ABOUT MCLARENMcLaren is focused on exploration work on its gold properties in the Timmins Gold Region of Northeastern Ontario. McLaren owns a 100% interest in the past-producing 640 ha Blue Quartz Gold Mine property, plus the 1,770 ha McCool gold property and the 775 ha Kerrs gold property, which are located approximately 80 km east of Timmins city centre. The properties are proximal to the Destor-Porcupine Deformation Zone which is host to many of the gold deposits within the Abitibi Greenstone Belt. For more information, please contact:Radovan Danilovsky, President
Phone: 416-203-6784
info@mclarenresources.comMCLAREN RESOURCES INC.
30 Duncan Street, Suite 606 Toronto, Ontario M5V 2C3www.mclarenresources.com.The Canadian Securities Exchange has neither approved nor disapproved the contents of the press release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release. Certain statements contained in this news release constitute "forward-looking statements". When used in this document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward-looking statements or information. These statements are based on current expectations of management; however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. McLaren Resources Inc. does not undertake any obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws.This news release is not for distribution in the United States.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286349
Original: McLaren Resources Initial Closing of Financing