RCR Mining Technologies completes engineering design report to support the potential development of a cutting-edge ‘Helix’ rail car unloading solution at the Port of Esperance Process for selection of a preferred development option for the new rail unloading infrastructure system is now ready to advance Proposal for development of a Commercial Track Access Agreement for below rail network paths to Port of [...]
Announcement Highlights Macarthur Minerals files NI43-101 Technical Report for the magnetite Mineral Resource at its Lake Giles Iron Project Measured Mineral Resources totaling 53.9 Mt and Indicated Mineral Resources of 218.7 Mt Inferred Mineral Resource of 997.0 Mt Macarthur now has sufficient Mineral Resources in the appropriate categories to progress its Feasibility Study VANCOUVER, British Columbia, Oct. 01, 2020 [...]
Macarthur Minerals Ltd. is seeking an extension period of time under BC 51-517, section 4.2 for the filing of a technical report National Instrument 43-101 Standards of Disclosure for Mineral Projects, pertaining to its Lake Giles Iron Project. The Company expects to file the report on or before 10 November 2020 and confirms that Management and other insiders are subject to a trading black-out policy that reflects the [...]
Macarthur Minerals Ltd. announced last week that it is retaining 100% of its tenements in the Pilbara region of Western Australia following the end of the Option Agreement entered into with Fe Ltd. in 2019. The tenements, held by the Company’s wholly owned subsidiary Macarthur Lithium Pty Limited , include the Hillside, Panorama, Strelley’s Gorge and Tambourah projects. These projects are considered [...]
Macarthur Minerals Ltd. informs shareholders that Fe Ltd. has elected not to earn-in on a 25% Stage 1 Interest in Macarthur Lithium Pty Ltd’s gold and lithium tenements in the Pilbara region of Western Australia, pursuant to the Option Agreement executed between the parties in 2019. Following FEL’s decision, the parties have finalised arrangements for the orderly close-out of the joint venture, with effect from 15 [...]
Macarthur Minerals Ltd. announces that it has signed an Agreement with Canaria Technologies Pty Ltd to facilitate the introduction, testing and potential use of Canaria’s Biometrics Safety System at the Company’s flagship Lake Giles Iron Project in the Yilgarn region of Western Australia. Predictive Biometric Systems are a new field of science, combining live and historical data about a user’s body and vital signs with [...]
Macarthur Minerals Ltd. is pleased to update shareholders that its common shares commenced trading today on the OTCQB Venture Market , a United States trading platform operated by the OTC Markets Group in New York. Effective immediately, the Company will commence trading on the OTCQB under the symbol “MMSDF”. Real-time quotes and market information on the Company are available at www.otcmarkets.com/stock/MMSDF/quote with [...]
Macarthur Minerals Ltd. will be applying to the TSX Venture Exchange for approval to extend the expiry date of 7,928,183 post-consolidation common share purchase warrants that were issued as part of rights offering completed by the Company in December 2017 . The Warrants are exercisable for post-consolidation common shares of Macarthur Minerals at a price of C$0.80 per share which are to expire on December 15, 2020. The [...]
The early conversion of the total of the Company’s outstanding debt under the Convertible Notes 23 months prior to maturity, by the remaining Convertible Note holders, positions the Company well to complete its project financing strategy Glencore, Exception Capital LLP and Mr. M Denning have all elected to proceed with the early conversion of their Notes to Macarthur shares 100% conversion facilitates release of security [...]
Macarthur Minerals Ltd. is pleased to update shareholders that, further to the Company’s recent announcement on 1 September 2020 and pursuant to the terms and conditions of the private placement offering announced on 10 July 2019, the Board of Macarthur resolved to approve the request of two additional convertible noteholders to convert all of the outstanding amount advanced for their subscription totalling 24 Notes, for [...]
Macarthur and RCR Mining Technologies have completed a site visit to the Port of Esperance in conjunction with representatives from Southern Ports Authority and Arc Infrastructure. Subject to approval by Southern Ports Authority, RCR MT’s cutting edge ‘Helix Dumper Wagon’ transport solution for Lake Giles Iron Project can be developed within the Port envelope at Esperance. Macarthur’s market-lead [...]
Macarthur Minerals Ltd. is pleased to update shareholders, pursuant to the terms and conditions of the private placement offering announced on 10 July 2019, the Board of Macarthur resolved to approve the request of Eyeon Investments Pty Ltd to convert its subscription totalling 20 Notes for gross proceeds of US$800,000 into 2,628,812 ordinary shares in the capital of the Company at conversion price equal to the USD [...]