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McLaren Minerals Advances Titanium Project with Successful Drilling and Funding

Story Highlights
  • McLaren Minerals completed Phase 1 drilling, identifying significant mineralized zones.
  • The company raised $1.282 million to support project development, showing strong investor confidence.
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McLaren Minerals Advances Titanium Project with Successful Drilling and Funding

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Allup Silica Ltd. ( (AU:MML) ) has provided an announcement.

McLaren Minerals Limited, focused on the titanium industry, has completed Phase 1 drilling at its McLaren Titanium Project in Western Australia, identifying significant extensions to mineralized zones. The company also collected a bulk metallurgical sample for processing and is awaiting assay results for a Q3 Mineral Resource Estimate update. Additionally, McLaren raised $1.282 million through an oversubscribed placement to fund further project development, demonstrating strong investor confidence in its strategic direction.

More about Allup Silica Ltd.

Average Trading Volume: 238,066

Technical Sentiment Signal: Sell

Current Market Cap: A$3.69M

Learn more about MML stock on TipRanks’ Stock Analysis page.

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