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McLaren Minerals Limited (ASX:MML)

ALERT: Price-sensitive ASX Announcement for MML
Current share price for MML : $0.011 -0.002 (-15.38%)+
Announcement
Release
19 Jun 2026 8:19AM
Price at Release
$0.013
Full Release
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Summary
McLaren Minerals Limited is advancing its McLaren titanium project in Western Australia's Eucla Basin, confirming the presence of high-grade HM deposits with bonanza grades reaching up to 34.6%. The Phase 2 drilling program has significantly enhanced the understanding of the geological framework and depositional architecture, affirming the continuity of mineralized strands. The project holds strategic importance due to titanium's critical role in key industries, and recent drilling results have validated exploration concepts, increasing confidence in mineralization controls. Additionally, McLaren has acquired the zircon-rich Barossa Project in South Australia, expanding its exploration portfolio.
Key Points
  • McLaren Minerals Limited (MML) is focused on the development of the McLaren titanium project in Western Australia's Eucla Basin.
  • The project has confirmed the presence of high-grade Heavy Mineral (HM) deposits, with some drill holes showing bonanza HM grades of up to 34.6%.
  • Recent drilling programs have improved the understanding of the geological controls and depositional architecture of the McLaren Deposit.
  • The Phase 2 drilling campaign has provided a high-resolution dataset that enhances the geological model and confirms the continuity of mineralized strands.
  • The McLaren project is strategically important due to the critical nature of titanium in aerospace, defense, and energy technologies.
  • Drilling results show significant intervals and high grades, validating the exploration concepts and increasing confidence in the geological framework.
  • McLaren has also expanded its portfolio by acquiring the zircon-rich Barossa Project in South Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.