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Why McLaren Minerals Seized the Zircon-Rich Barossa Project Now

9:33am on Friday 19th of December, 2025 AEDT Mining
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Why McLaren Minerals Seized the Zircon-Rich Barossa Project Now

9:33am on Friday 19th of December, 2025 AEDT
Key Points
  • Acquisition of Barossa Project from Iluka Resources
  • Three mineralised zones, Kalahari, Mojave, Gobi
  • Average heavy mineral grade of 4.6% with 16% zircon content
  • Modest upfront cash payment with deferred milestone-based payments
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