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Last C$0.01 CAD
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MCL On Other Exchanges
As of 5:00 PM 12/31/14 All times are local (Market data is delayed by at least 15 minutes).

mclaren resources inc (MCL) Snapshot

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mclaren resources inc (MCL) Details

McLaren Resources Inc., a junior exploration company, engages in the acquisition, exploration, and development of gold properties in Canada. It owns a 100% interest in the 8 mining claims covering an area of approximately 260 hectares located in the Beatty Township, Ontario. The company also holds an option agreement to acquire a 50% interest in the Blue Quartz Property, which consists of 25 mining claims covering approximately 400 hectares located in the Beatty Township, Ontario; and a 60% interest in the Timginn property that comprises 9 mining claims covering an area of approximately 238 hectares in the Tisdale Township in Central Timmins. McLaren Resources was incorporated in 1999 and is based in Toronto, Canada.

Founded in 1999

mclaren resources inc (MCL) Top Compensated Officers

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mclaren resources inc (MCL) Key Developments

McLaren Resources Inc. Announces Management Changes

McLaren Resources Inc. announced the resignation of Ivan Buzbuzian as President, CEO and as a Director of the Company. Company Chairman Michael Meredith has assumed the position of interim President and CEO. The company further announced that David McDonald has resigned as the CFO of the Corporation. The company will begin a search for a new CFO. The resignations were unanticipated by the board of directors.

McLaren Resources Inc., Annual General Meeting, Mar 26, 2014

McLaren Resources Inc., Annual General Meeting, Mar 26, 2014., at 14:00 Eastern Daylight. Location: Suite 520. Agenda: To receive and consider the audited financial statements of the Corporation for the fiscal year ended September 30, 2013 together with the auditors' report thereon; to appoint the auditors of the Corporation and authorize the Directors to fix their remuneration; to elect Directors for the ensuing year; to approve the stock option plan of the Corporation; and to transact such further or other business as may properly come before the Meeting or any adjournment thereof.

McLaren Resources Inc. Announces Completion of 5 Hole Exploration Drill Program

McLaren Resources Inc. announced the results of the recently completed 5 hole 1,563 metres exploration drill program including 4.17 grams over 2.5 metres and 8.06 grams over 1 metre. The TimGinn Property is located adjacent to the Goldcorp owned Hollinger and McIntyre Mines which have produced over 30 million oz of Gold in Timmins to date. Results from the drill program follow up on the positive results of McLaren's previous two drill programs announced on October 3, 2012 and February 13, 2012. October 2012 highlights included 7.41 grams over 3.2 metres, 8.21 grams over 2.5 metres and 4.45 grams over 6.5 metres and February 2012 highlights included 7.0 grams over 7.4 metres, 24.2 grams over 1.1 metres, 6.0 grams over 3.0 metres and 3.0 grams over 7.5 metres. The company also drilled two holes to follow up on historic results located adjacent to the McIntyre Mine property. Hole 13-16 intercepted a one metre zone and hole 13-15 did not intercept any significant values. The TimGinn property contains a 2,000 metre mineralized strike length running from northeast to southwest. Mining has occurred on three sides of the property at neighbouring mines including the Hollinger Mine and the McIntyre Mine that are situated in central Timmins and have produced gold to depths exceeding 5000 feet. The property has seen limited exploration at shallow depths and is virtually unexplored below 900 feet.


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