-- McLaren Resources (MCL.CN) after the close Monday said it completed a drone MAG geophysical survey over the Blue Quartz gold exploration property in northeastern Ontario.
The MAG geophysical survey consisted of a total of 20.9 kilometers of lines with 50 meters spacing flown over two target areas were surveyed on the past-producing Blue Quartz mine property.
McLaren said it 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 company said.
The company's shares closed unchanged at $0.06 on the Canadian Securities Exchange.