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McLaren Minerals reported on 28 October that exploratory drilling east of its existing Western Australian titanium project resource had identified additional heavy-mineral-bearing marine sediments. The company said the results support its developing interpretation of a separate ancient shoreline depositional environment, alongside new information on the shape of the underlying basement.
The laboratory results cover 156 one-metre samples from 20 air-core holes. Across those assayed metres, the length-weighted mean was 2.68% heavy minerals, calculated without a grade cut-off. McLaren specifically cautioned that this is the mean of the analysed sample population, rather than an average grade for a continuous mineralised horizon.
Reported intersections include 21 metres at 3.38% heavy minerals in MAC610, with five metres at 7.07% from 16 to 21 metres. MAC764 returned 18 metres at 5.05%, including five metres at 8.98% from 10 to 15 metres. Local one-metre samples reached 13.26% in MAC610 and 13.14% in MAC764.
The distribution of marine sediments across separated drilling locations is being considered together with variations in basement morphology. That interpretation provides a framework for further exploration outside the current coverage. These sample results do not by themselves establish a new mineral resource, continuity between holes or the economic recoverability of the heavy minerals.