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Allup Silica Ltd. ( (AU:MML) ) just unveiled an announcement.
McLaren Minerals Limited has reported significant progress in its McLaren Titanium Project, with Phase 1 drilling results indicating extensive high-grade mineralisation beyond the current Indicated Resource boundary. The company is nearing completion of a Prefeasibility Study, supported by positive metallurgical and marketing studies, suggesting strong demand for its ilmenite concentrate. Additionally, McLaren has successfully raised $1.282 million through an oversubscribed placement to fund ongoing project development and exploration activities, reflecting investor confidence in its strategic direction.
More about Allup Silica Ltd.
McLaren Minerals Limited is a company operating in the mineral exploration industry, focusing on the development of titanium resources. Its primary project is the McLaren Titanium Project in Western Australia, where it is involved in drilling and exploration activities to expand its resource base.
Average Trading Volume: 2,232,684
Technical Sentiment Signal: Sell
Current Market Cap: A$5.17M
See more data about MML stock on TipRanks’ Stock Analysis page.