Macarthur Minerals Ltd. has confirmed significant intersections of magnetite mineralisation at its Lake Giles Iron Project near Kalgoorlie in Western Australia following the completion of its infill drilling program. Drilling at the Moonshine North deposit comprised 21 reverse circulation holes for 3379 metres advance and 9 diamond drill holes for 1676.2 metres advance totalling 5055.2m. Drilling was completed in December [...]
Macarthur Minerals Ltd. is pleased to provide an update to Shareholders outlining an active fourth quarter 2019 in the ongoing development of the Company’s flagship, Lake Giles Iron Project. The Company is pleased to also provide an update on the very positive early exploration results across the iron ore, gold, nickel and cobalt projects in Western Australia. FOURTH QUARTER HIGHLIGHTS The Lake Giles Iron Project [...]
Macarthur Minerals Ltd. is pleased to announce that it has entered into an agreement with Arrow Minerals Limited to acquire mineral tenure for the development of site infrastructure at its Lake Giles Iron Project. Macarthur has acquired a substantial package of land covering approximately 4950 ha adjacent to the Moonshine Magnetite deposit. The tenure will be used for constructing supporting infrastructure including waste [...]
Macarthur Minerals Ltd. is pleased to provide an update on the recent infill drilling program at its Lake Giles Iron Project in the Yilgarn region of Western Australia. Infill Drilling has intersected a zone of high-grade magnetite mineralisation identified previously at the Moonshine North deposit and assay results have been received for several Reverse Circulation drill holes. The drilling programme commenced on 17 [...]
Macarthur Minerals Ltd. is pleased to announce that it was admitted to the Official List of Australian Securities Exchange on December 4, 2019 and commenced quotation of its securities on ASX on December 6, 2019. The Company successfully closed the Offer under its Replacement Prospectus on 28 November 2019 with subscriptions accepted for 20,032,952 shares at a price of A$0.25 per share for a total consideration of [...]
Macarthur Minerals Ltd. is pleased to announce that it has completed the consolidation of its share capital on the basis of one post-consolidation common share for four pre-consolidation common share following approval of the consolidation by the TSX-V. The common shares of the Company commenced consolidated trading on TSX-V on 20 November 2019 at a price of C$0.24. Prior to implementing the consolidation, the Company had [...]
Macarthur Minerals Ltd. is pleased to announce that its Joint Venture Partner, Fe Limited , has commenced a Reverse Circulation drilling campaign at the Hillside Project in the Pilbara Region of Western Australia where high-grade copper and manganese results were returned in recent sampling, as reported by Macarthur on October 9, 2019. FE Limited Drilling Program Highlights: Road access and site earthworks at the Hillside [...]
Macarthur Minerals Ltd. is pleased to announce that the resolution to consolidate the Company’s issued and outstanding share capital on the basis of one post-consolidation share without par value for every four pre-consolidation shares without par value, was passed at the Extraordinary General Meeting of the Company held today in Brisbane, Australia. The passing of the resolution coincides with the opening of the [...]
Macarthur Minerals Ltd. is pleased to announce that its Joint Venture Partner Fe Limited , has announced the company is fully funded for upcoming drilling at the Hillside Project in the Pilbara Region of Western Australia where high-grade copper and manganese results were returned in recent sampling, as reported by Macarthur on October 9, 2019. Fe Limited’s cash balance has been boosted by the September quarter iron [...]
Macarthur Minerals Ltd. is pleased to provide an update to Shareholders outlining an active and significant third quarter 2019 in the ongoing development of the Company’s flagship, Lake Giles Iron Project. The Company is pleased to also provide an update on the very positive early exploration results across the lithium, gold, nickel and cobalt projects in Western Australia. THIRD QUARTER HIGHLIGHTS The Lake Giles [...]
Macarthur Minerals Ltd. is pleased to announce that its Joint Venture Partner Fe Limited , has released further significant copper and gold assays including a new manganese oxide area sample recording 59.4% MnO result from a recent field trip to the Hillside Project in the Pilbara Region of Western Australia. Macarthur Lithium Pty Ltd , a wholly owned subsidiary of Macarthur entered into an exclusive option agreement with [...]
Macarthur Minerals Ltd. is pleased to announce the engagement of Shaw and Partners Limited as Lead Manager in relation to its proposed dual listing Initial Public Offering on the Australian Securities Exchange . Cameron McCall, Executive Chairman of Macarthur Minerals commented: “Shaw is one of Australia’s preeminent investment and wealth management firms. The appointment of Shaw as Lead Manager and Corporate [...]
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