McLaren Minerals – Drilling Commenced at McLaren Titanium Project, WA

Highlights

On February 12^. drilling began as planned at the McLaren Titanium Project
The infill drilling aims to confirm potentially high-grade zones and support final mine planning within the indicated and inferred McLaren resource (280 million t)*
The expansion drilling will follow up on previous mineralized zones not included in the resource and explore for extensions beyond known mineralization.
The drilling is expected to take 6 weeks.
Samples will be collected for analysis and metallurgical testing.

The mineral exploration company McLaren Minerals Limited (ASX: MML) (“McLaren” or “Company”) is pleased to announce that drilling at the McLaren Titanium Project in Western Australia has now commenced on schedule with iDrilling Australia Pty Ltd.

Simon Finnis, Managing Director of McLaren Mineral, said: “We are excited about this program as it makes a significant contribution to the PFS currently being conducted.”

It will not only provide important material for further metallurgical optimization and flowsheet validation but is also intended to increase confidence in the current inferred and indicated resource and explore potential extensions to ensure we continue to make progress towards commercial production.

As previously announced, the drilling program comprises approximately 6,000 m of air core drilling and will take about 6 weeks.

It is anticipated that the metallurgical samples will be dispatched for testing within the next two weeks and that the analytical samples will be dispatched from the site weekly.

About McLaren Minerals Limited

McLaren Minerals is an exploration company focused on the future development of the high-quality McLaren Titanium Project in the Eucla Basin of Western Australia. Titanium is considered a critical mineral and is essential for aerospace, defense, and energy technology.

This announcement has been approved by the Managing Director. For further information, please contact:

Simon FinnisManaging Director simon.finnis@mclarenminerals.com.au+61 (0) 418 695 138

Kristin RoweMedia and Investor Relations NWR Communicationskristin@nwrcommunications.com.au+61 (0) 404 889 896

The project has an indicated and inferred (JORC 2012-compliant) resource of 280 million t at 4.8% heavy minerals, as follows:

(See ASX announcement dated August 5, 2024, for additional information and competent person statement. The Company confirms that it is not aware of any new information or data that materially affects the mineral resource estimates announced on August 5, 2024, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement).

Keywords

Disclaimer

I. Information Function and Disclaimer: GOLDINVEST Consulting GmbH offers editors, agencies, and companies the opportunity to publish comments, analyses, and news on www.goldinvest.de. The content serves exclusively for general information and does not replace individual, professional investment advice. It does not constitute financial analyses or sales offers, nor is it a solicitation to buy or sell securities. Decisions made based on the published information are entirely at your own risk. No contractual relationship arises between GOLDINVEST Consulting GmbH and the readers or users, as our information relates exclusively to the company and not to personal investment decisions.

II. Risk Disclosure: The acquisition of securities involves high risks, which can lead to the total loss of the capital invested. Despite careful research, GOLDINVEST Consulting GmbH and its authors assume no liability for financial losses or for the content’s guarantee regarding timeliness, accuracy, appropriateness, and completeness of the published information. Please also note our further terms of use.

III. Conflicts of Interest: In accordance with §34b WpHG and §48f para. 5 BörseG (Austria), we point out that GOLDINVEST Consulting GmbH, as well as its partners, clients, or employees, hold shares in the aforementioned companies. Furthermore, a consulting or other service agreement exists between these companies and GOLDINVEST Consulting GmbH, and it is possible that GOLDINVEST Consulting GmbH may buy or sell shares of these companies at any time. These circumstances can lead to conflicts of interest, as the aforementioned companies compensate GOLDINVEST Consulting GmbH for its reporting.