McLaren Resources, Inc.
CCSE:MCL0.03
CAD
+0.00
(-14.29%)
ISIN
CA5817631099
CUSIP
581763109
Return %
Stock
S&P 500
1Y
-45.45
14.20
3Y
-53.85
81.12
5Y
-50.00
68.34
Capital Structure
CAD
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CAD
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in mil. unless spec.Quarterly Revenue
CAD
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in mil. unless spec.Quarterly Earnings Per Share
CAD
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in mil. unless spec.Quarterly Dividends Per Share
CAD
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in mil. unless spec.Company Description
- CEO
- Radovan Danilovsky
- Full Time Employees
- 4
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 30 Duncan Street Toronto ON Canada M5V 2C3
- IPO Date
- Sep 11, 2007
- Website
- mclarenresources.com
- Similar Companies
- Business
- McLaren Resources Inc. engages in the acquisition, exploration, and development of mineral properties primarily focused on gold deposits in Canada; the company holds 100% interests in the McCool gold property, a 1,770-hectare mining lease in McCool Township east of Timmins, Ontario; the Blue Quartz gold property in Beatty Township, 73 kilometers east of Timmins; and the Kerrs gold property, all situated on the prolific Abitibi Greenstone Belt in northeastern Ontario's Timmins Gold Camp, which has produced over 200 million ounces of gold historically. These properties feature established gold-mineralized zones with significant exploration upside, including high-grade intercepts such as 16.5 grams per tonne gold over 6.0 meters and 10.8 grams per tonne over 9.0 meters at McCool; management conducts diamond drilling, geophysical surveys, and claim expansions to advance discovery potential. Founded in 1999 and headquartered at 30 Duncan Street in Toronto, Ontario, McLaren lists on the Canadian Securities Exchange under ticker MCL and Frankfurt under 3ML, targeting junior mining investors with properties neighboring operations by Newmont, Agnico Eagle, and others. Recent developments include the completion of a non-brokered private placement of 4,600,000 flow-through units at $0.065 each in December 2025 for exploration funding; plans for a drone magnetic geophysical survey over Blue Quartz in November 2025; purchase of a 1.0% net smelter returns royalty on McCool's crown claims for $6,000 cash and 100,000 shares in May 2025, eliminating most third-party royalties; finalization of the Augdome gold property sale to Goldcorp Canada Ltd., a Newmont subsidiary, for $572,889 plus a retained 1.0% royalty in August 2024; and prior additions of 380 hectares to McCool plus high-grade drill results in 2023.
Company News
McLaren Exploration Update McCool Gold Property, Timmins, Ontario
McLaren Commences Geophysical Program at McCool Gold Property, Timmins, Ontario
McLaren Completes Drone MAG Program at Blue Quartz Gold Property, Timmins, Ontario
McLaren Resources Completes Financing
McLaren Resources Closes Financing