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West-Australian focused microcap Allup Silica Ltd (ASX:APS) has seen its share price jump almost 11% on news it has acquired the McLaren Valuable Heavy Mineral Sands (VHMS) project in the West Eucla Basin, which carries a mineral resource estimate (MRE) of 280 million tonnes at 4.8% heavy mineral near the surface. At 12:16 AEST, Allup shares were trading at 4.1 cents, a rise of 10.81% since the market opened. McLaren – located 150 kilometres east of Norseman – is a project comprised of 333 square kilometres of tenements, and its MRE is in the indicated and inferred categories, with potential f…

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