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Allup Silica Ltd. ( (AU:MML) ) has issued an announcement.
McLaren Minerals Limited has announced high-grade assay results from its MM Series drilling at the McLaren Titanium Project, confirming significant mineralisation south of the current Indicated Resource. These results extend the mineralisation by 500 meters and remain open along strike, indicating potential for further growth. The findings support the project’s development and reinforce confidence in the geological model, with implications for the ongoing Prefeasibility Study. The recognition of titanium as a critical mineral enhances the project’s strategic importance, positioning McLaren as a key player in the supply of this essential resource.
More about Allup Silica Ltd.
McLaren Minerals Limited is a company operating in the mining industry, focusing on the extraction and development of mineral resources. Its primary product is titanium, a critical mineral used in aerospace, defense, and energy sectors. The company is strategically positioned to address global supply security concerns for this high-value commodity.
Average Trading Volume: 2,575,238
Technical Sentiment Signal: Sell
Current Market Cap: A$5.17M
See more insights into MML stock on TipRanks’ Stock Analysis page.