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How McLaren’s $1.5M Raise and Drilling Boost Could Transform Its Titanium Project

3:09am on Monday 2nd of June, 2025 AEST Mining
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How McLaren’s $1.5M Raise and Drilling Boost Could Transform Its Titanium Project

3:09am on Monday 2nd of June, 2025 AEST
Key Points
  • $1.5 million capital raise to boost exploration and feasibility
  • 6,000m air core drilling ~40% complete with consistent heavy mineral intersections
  • 10m vertical extension of mineral-hosting sediments identified
  • Pressurised saline groundwater and gypsum discovered, offering operational benefits
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