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McLaren Minerals Limited (ASX:MML)

ALERT: Price-sensitive ASX Announcement for MML
Current share price for MML : $0.015 -0.011 (-42.31%)+
Announcement
Release
14 Oct 2025 9:51AM
Price at Release
$0.026
Full Release
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Summary
McLaren Minerals Limited (ASX: MML) reported exceptional results from the Phase 1 drilling of its McLaren Titanium Project in the Eucla Basin, Western Australia. The drilling revealed high-grade heavy mineral (HM) deposits, with significant intercepts including 27m at 8% HM and 6m at 24.7% HM. These results reveal previously unrecognised high-grade horizons and validate the geological model. The assay results, incorporated into an upcoming Mineral Resource Update, suggest potential resource expansion and upgrade. The project confirms a large-scale, high-value titanium asset, positioning McLaren well in the strategic mineral sector with applications in aerospace, defence, and energy industries.
Key Points
  • Phase 1 drilling revealed high-grade HM results.
  • Significant intercepts include 27m at 8% HM.
  • 6m at 24.7% HM was recorded within a 27m intercept.
  • Previously unrecognised high-grade horizons were found.
  • All assay results have been received and are being used for a Mineral Resource Update.
  • Potential for a significant resource upgrade exists.
  • McLaren Titanium Project is a large-scale, high-value asset.
  • Titanium is a strategic mineral for aerospace, defence, and energy sectors.
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.