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McLaren Resources Inc.
Summary
| Project: | Augdome | |
|---|---|---|
| Deposit: | Augdome | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-1-2018: McLaren Resources Inc. announces an Exploration/Drilling Update report for its Augdome deposit at the Augdome project. Drilling results incl. 8.0m @ 2.62g/t Au from 83.0m. Toronto, Ontario- (Newsfile Corp. - January 4, 2018) - McLaren Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kenneth Guy (Not stated) | |
| ABSTRACT: | 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 byGoldcorp Inc. ("Goldcorp") OnOctober 25, 2017, Goldcorp announced a base case pre-feasibility study with a contained resource which included approximately 4.5 million gold ounces having a diluted grade of 0.87 grams per tonne to be integrated into the proposed Dome Mine expansion plus an additional 0.9 million ounce inferred resource. The proposed Dome Century Project could significantly expand the footprint of the Dome Mine Open Pit. The gold mineralization which was intersected in McLaren's drill program crosses onto the Augdome Gold Property from the Dome Mine property. This gold mineralization is hosted within the gold-bearing Destor-Porcupine Fault structure in an area that has been disrupted and intruded by felsic intrusive porphyries. The Augdome Gold Property overlies approximately 2,300 metres of the Destor-Porcupine structure. | |
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