McLaren Minerals Limited’s 192-Hole Phase 1 Drill Program Uncovers Significant Resource Extensions and Cost Efficiencies at WA Titanium Project

Monday, May 26, 2025
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McLaren Minerals Limited successfully wrapped its Phase 1 drill program, uncovering substantial extensions to its titanium resource. The efficient, on-time work, combined with strong community backing, boosts confidence in future resource growth and cost reduction strategies.

McLaren Minerals Limited has announced the successful completion of its Phase 1 Drill Program at the McLaren Titanium Project in the western Eucla Basin, Western Australia. A total of 192 drill holes were completed for 4,067 metres, entirely on schedule and without incident. The drilling campaign has not only underscored the operational efficiency of the company but has also revealed significant extensions of prospective mineralised sediment beyond the current resource boundaries. The latest geological interpretations indicate promising extensions in multiple directions. The north extension has been identified as approximately 2,200 metres wide with an average thickness of 14 metres (peaking at 23 metres). In the central zone, an eastern extension spans 800 metres at around 20 metres thick, while the southern zone shows an extension reaching 2,600 metres wide with an average thickness of 10 metres (up to 15 metres). These findings point to the presence of mineral-bearing sediments that could potentially contribute to future resource growth, pending upcoming assay results expected by the close of the second quarter. Geological assessments have significantly boosted confidence in the company’s current model and indicate that the improved understanding of deposit morphology could lead to lower drilling costs in subsequent phases. The program’s success is also reflected in the meticulous drilling methodology, with samples collected at either 1-metre or 1.5-metre intervals, and robust sampling and laboratory protocols implemented to ensure data quality. Operationally, the project has benefited from cost efficiencies through the use of local service providers and an enhanced logistical framework, including the move to remote camp facilities. Market sentiment appears mixed at this stage. On the bullish side, the on-time completion of the drilling campaign, effective cost management, and the identification of extensive sediment extensions offer a positive outlook for potential resource expansion and long-term shareholder value. However, on the bearish side, the lack of assay results means that the actual mineralisation levels remain unconfirmed, introducing an element of uncertainty until the laboratory outcomes are reported.

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