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Aloro Mining Corp (WLRMF)

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Last Post: 8/29/2021 1:53:41 PM - Followers: 1 - Board type: Free - Posts Today: 0

Fact Sheet

 

 
Fact Sheet
 

Fact Sheet

 

June 2021

 

Introduction

Aloro controls the Los Venados Project is located in the Mulatos Gold District and is directly adjacent to the active Mulatos open pit of Alamos Gold Inc. to the south. The western border is shared with Agnico Eagle Mines Limited where it operates the La India open pit. The known mineralization within the Mulatos District is gold-dominant high sulphidation type with accessory silver and copper.


Summary

The Los Venados Project, consists of two mining concessions covering an area of approximately 3,199 hectares. The concessions are situated approximately 220 kilometres east-southeast of the city of Hermosillo, the capital of the State of Sonora.  Road access to the property is readily possible via paved and gravel roads from Hermosillo southeast to Mulatos via Sahuaripa.

Historic exploration work by Phillips Petroleum, Homestake Mining, Kennecott, Placer Dome and others have focused on the large high sulphidation gold deposits at and near the current Mulatos mine. The Los Venados Project has received geochemical sampling, geological mapping, 2 induced polarization geophysical surveys totaling 17.3 line kilometers, and very limited diamond drilling in the northern portion of the property.

The Mulatos Gold District is a large area, within which large altered areas are receiving intense exploration by a number of companies including Alamos Gold Inc, Agnico Eagle Mines Limited and Fresnillo PLC. Within 10 kilometers of the Los Venados concession boundary, there are at least 10 known  gold deposits that are receiving extensive pre-development and production work.

Geological mapping completed identified three large alteration zones coincident with known anomalous soil and rock geochemical samples. The results from two additional east-west lines of induced polarization surveying confirmed the presence of a suspected buried intrusion, possibly mineralized, in the vicinity of anomalous soil and rock samples returning values in excess of 1 gpt gold. The results of this preliminary work are shown in the accompanying Exploration Targets Map.

Exploraciones Aloro, S.A. de C.V., has an agreement in place with the local Ejido granting exploration access to the project. The Company recently received a new permit from SEMARNAT, replacing the previous issued drill permit. The new permit will allow for the drilling of 12 drill holes, the building of 12 drill sites 14 x 7 meters suitable for using a reverse circulation drill, and the construction 3,693 meter access road 7 meters wide in order to reach the 12 new locations.

Aloro Mining Corp. looks forward to advancing and developing the Los Venados Project.

Management & Directors

At Aloro, we are committed to responsible exploration and development at all levels of our operation. We will work enthusiastically with all government bodies, communities and other stakeholders to ensure our activities meet or exceed regulatory standards and generate minimal environmental impact.

THOMAS A. DOYLE

President, CEO and Director

Having held a variety of senior positions with resource companies in Canada, the United States and internationally, Mr. Doyle brings to the company extensive experience and expertise in domestic and foreign financial markets, management, business development and capital formation.


LOGAN B. ANDERSON, B.COMM (ACCOUNTING/ECON), ACA (NEW ZEALAND)

CFO, Secretary and Director

A previous Chartered Accountant in New Zealand, Mr. Anderson served as Wolverine's President from 2004 to 2006. He has been the Principal and President of Amteck Financial Services Company, a private financial consulting firm, since 1993. Mr. Anderson provides Wolverine with considerable financial and management expertise.


GREG BURNETT

Director

Mr. Burnett, who holds an MBA from the University of British Columbia and Bachelor of Science degree in Civil Engineering, brings to the company more than 18 years of diversified experience in corporate finance and administration. He presently serves as the President and principal shareholder of Carob Management Ltd., a private management consulting company specializing in due diligence, business plan development, structuring and financing and management of venture capital projects. Mr. Burnett is also the Director of a number of Canadian resource companies.


JAMES M. CARTER, CPA, CA

Director

Mr. Carter is a Chartered Professional Accountant with over 45 years' experience in both the private and public business sectors, and was Vice President of a NYSE listed company focused on merchant banking activities from 1998 to 2017. He specialized in conducting corporate evaluations, due diligence reviews, analysis and related negotiations for corporate acquisitions, as well as designing, negotiating, managing and implementing corporate and debt restructurings and risk management programs.During his career, he has served as an officer and director of a number of private and publicly traded companies in various industries in both North America and Europe.

 
Share Capital (as of Monday, March 1, 2021)
 
    Price per share Expiry Dates
Shares issued 51,288,129    
Options 400,000 @ .10 April 2023
Fully Diluted 51,688,129
 
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PostSubject
#19   ALAMOS RESUMES DRILLING ON LOS VENADOS ImTC 08/29/21 01:53:41 PM
#18   July 20, 2021 TSX.V Symbol AORO ImTC 07/20/21 07:24:52 PM
#17   Page 3 Employment, Consulting and Management Agreements ImTC 06/23/21 08:17:21 PM
#16   Jun 22 2021 Statement of Executive Compensation (Form 51-102F6V) ImTC 06/23/21 08:59:10 AM
#15   April 22, 2021 ImTC 06/23/21 08:56:50 AM
#14   February 25, 2021 ImTC 06/23/21 08:54:49 AM
#13   Tom Doyle, President & CEO - Metals Investment ImTC 06/20/21 11:21:22 PM
#12   Sedar Link ImTC 05/26/21 06:31:09 AM
#11   Aloro Mining Corp. at a glance with Gwen Preston ImTC 05/26/21 01:25:21 AM
#10   Technical Advisors ImTC 05/26/21 01:22:38 AM
#9   Management & Directors ImTC 05/26/21 01:21:00 AM
#8   Corporate Presentation ImTC 05/26/21 01:19:14 AM
#7   Share Structure ImTC 05/26/21 01:18:16 AM
#6   .1394 ask ALERTS100%to10000%GAIN 04/09/21 02:26:27 PM
#5   .0486 ask ALERTS100%to10000%GAIN 03/11/21 08:54:10 PM
#4   small volume ALERTS100%to10000%GAIN 02/05/21 12:28:44 PM
#3   .07 ask now ALERTS100%to10000%GAIN 01/22/21 10:43:39 AM
#2   Sounds more like the F'ed up Wolverine name the cork 12/20/20 03:03:14 PM
#1   WLMRF looks good ALERTS100%to10000%GAIN 12/15/20 07:51:01 PM
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