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McLaren Resources Inc. (CSE: MCL) (FSE: 3ML) ("McLaren" the "Company") has completed a Drone MAG geophysical survey over the McCool property in preparation for the next phase of gold exploration. The McCool property is located 85 km east of Timmins, Northeastern Ontario.
The Drone MAG geophysical survey covered a distance of 6 km across the central and western portion of the property with 101 survey lines spaced 60 metres apart. The survey followed along the Centre Hill Fault which trends east-west for a distance of approximately 7 km on the McCool property.
Upon completion of interpretation of the MAG program results and related studies, McLaren plans to design the next phase of exploration work.
Previous exploration work carried out on the eastern portion of the McCool property returned positive gold exploration drill results (see January 24, 2023 news release).
Future exploration work is being planned to follow the geological strike to the west of the previous gold exploration drilling that is situated approximately 200 metres south of and sub-parallel to the Centre Hill Fault.
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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. 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 a geological fault structure associated with the Destor Porcupine Fault Zone that trends east-west within the Abitibi Greenstone Belt.
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About 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 a 100% interest in 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, and 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.com
McLaren Resources Inc.
30 Duncan Street, Suite 606, Toronto, Ontario M5V 2C3
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/303967
