McLaren wraps up drill program ahead of WA | Australian Markets

McLaren Minerals has put a bow on a 6000m air core drilling marketing campaign at its flagship McLaren titanium project in Western Australia’s Eucla Basin, after the company collected essential information to advance its useful resource confidence and full in-progress feasibility research.

The six-week program lined 64 per cent of deliberate precedence places, with infill drilling enhancing the prevailing 280-million-tonne useful resource and step-out holes revealing thick new heavy mineral sands zones to the north and east.

The company says the marketing campaign’s high precedence was a six-tonne bulk metallurgical pattern, which has been dispatched to IHC Mining’s Queensland laboratory for slimes testing and flowsheet validation.

The check work is predicted to refine McLaren’s development strategy for managing residual clay impurities, often called slimes, and assist its ongoing prefeasibility research.

The company not too long ago confirmed thick mineralised zones past the recognized deposit and an surprising groundwater discovery at a 20-metre depth, which may show essential for the project’s future infrastructure.

Infill drill testing focused the project’s 280Mt useful resource, which grades an spectacular 4.8 per cent heavy minerals and consists of a higher-grade 79Mt at 6 per cent within the indicated class.

The program’s dense information assortment is designed to spice up confidence within the project, probably increase the indicated useful resource and strengthen its financial foundations.

McLaren believes step-out drilling to the north and east delineated thick sand zones alongside strike, pointing to a larger-than-expected useful resource envelope. With ample information now in hand, the company has opted to defer its lower-priority southern targets to protect capital whereas advancing its useful resource modelling.

Earlier check work confirmed the deposit’s high-quality output, with ilmenite assembly sulphate-grade requirements, rutile grading 95.7 per cent titanium dioxide with simply 1.5 per cent iron impurities and negligible uranium and thorium.

Drill samples have been despatched to Perth for evaluation and the company expects to obtain the initial assay ends in 4 to 6 weeks.

McLaren’s drilling and metallurgical outcomes are anticipated to be pivotal in shaping the project’s future mine schedule and operational strategy.

With titanium remaining a essential mineral for aerospace, defence and power purposes, the company is well-positioned to capitalise on strong world ilmenite demand and tightening essential mineral provide chains. Both components will possible return more-than-favourable financial outcomes for McLaren ought to essential metallurgical check work present the company with a easy processing flowsheet.

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