Two private placements totalling $1 million have been completed by Aunore Resources (ME) with Middlefield Resource Fund 1988 Ltd. Partnership II.
The company says proceeds from the placements (worth $750,000 and $250,000) will complete its financings for its $4.8 million exploration program for the Elder property near Rouyn-Noranda, Que., for the March, 1988-Feb. 1989, period. Aunore’s junior partner in the Elder project, with a 35% interest, is Nova Beaucage Mines (TSE).
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