McLaren Minerals Limited (ASX: MML) has reported strong Phase 1 drilling results from its McLaren Titanium Project in Western Australia, with high-grade heavy mineral (HM) intercepts identified north of the existing Indicated Resource boundary.
The company highlighted standout assay results including 1m at 24.11% HM from 13m depth, 1m at 14.79% HM from 12m, and 1m at 7.87% HM from 12m. Broader intersections included 14m at 5.7% HM from surface, including 2m at 19.45% HM, as well as 19m at 4.31% HM from surface and 14m at 3.7% HM from surface.
The Phase 1 programme comprised 4,067m of drilling across 192 holes, generating more than 2,100 samples. Approximately three-quarters of these results have been returned, confirming mineralization extending beyond the current resource zones, with broad, continuous HM intersections from surface and significant sediment-hosted mineralization.
Managing director Simon Finnis said the results add confidence in both the scale and quality of the deposit, particularly with high-grade zones located outside defined resources. He added that they support an upcoming mineral resource update and the company’s forthcoming prefeasibility study (PFS).
The McLaren Deposit currently hosts a JORC-compliant indicated and inferred mineral resource of 280Mt at 4.8% HM, containing significant tonnages of valuable minerals including ilmenite, rutile, leucoxene, and zircon.
For more information, please visit www.mclarenminerals.com.au
To read more articles like this, please visit www.theassay.com/news
