Macarthur Minerals Ltd.

Macarthur Minerals Ltd. is pleased to provide an update on the results of its drilling of high priority nickel sulphide targets at its Lake Giles project in Western Australia. MLEM survey at Moonshine showing modelled conductors and location of RC drill holes. Background image shows magnetic anomalies. MLEM Survey at Snark showing modelled conductors. Background shows Total Magnetic Intensity anomalies. Surveying at [...]

Macarthur Minerals Ltd. , is pleased to announce an update to the Moonshine Magnetite and Ularring Hematite Projects based upon revised production strategy and cost estimates, resulting in reduced Opex and Capex estimates. Highlights Capacity at Port of Esperance now available Capacity on rail network available Hematite DSO Opex estimate reduced to A$42/tonne shipped free on board Magnetite Opex estimate reduced to [...]

Macarthur Minerals Limited , pursuant to the Company’s Share Compensation Plans , the Board of Directors of the Company has granted an aggregate of 1,620,000 stock options to acquire common shares of the Company pursuant to the Plans. Of which 1,000,000 were granted to a director of the Company, and the remaining options granted to employees. The Options have an exercise price of $0.05, which is the Minimum Market [...]

Macarthur Minerals Limited will be applying to the TSX Venture Exchange for approval to extend the expiry date of 31,712,730 common share purchase warrants that were issued as part of the Rights Offering completed by the Company in December 2018. The Warrants are exercisable for common shares of Macarthur Minerals at a price of $0.20 per share which were to expire on December 15, 2018. The Company is proposing to extend [...]

Macarthur Minerals Limited is pleased to announce it has closed the second and final tranche of the non-brokered private placement as originally announced on August 16, 2018. The subscriptions for tranche two totalled 40,738,520 Units at a price of CAD$0.025 per Unit for aggregate gross proceeds of CAD$1,018,463. The total placement was oversubscribed with both tranche subscriptions totalling 54,990,920 Units for gross [...]

Macarthur Minerals Ltd. is pleased to provide an update on the progress of its drilling of high priority nickel sulphide targets at its Lake Giles project in Western Australia. The targets were derived from recent geophysical surveys using Moving Loop Electromagnetics . Surveying at Moonshine successfully delineated two bedrock conductors, MC01 and MC02, with a further bedrock conductor identified at the Snark prospect [...]

Macarthur Minerals Limited announces that it has extended the closing of its non-brokered private placement as announced on August 16, 2018, until November 16, 2018. The Company previously closed an initial tranche of 14,252,400 Units at a price of CAD$0.025 per Unit for aggregate gross proceeds of CAD$356,310. All terms for the balance of the Offering remain unchanged. ABOUT MACARTHUR MINERALS LIMITED [...]

Macarthur Minerals Ltd. is pleased to provide an update to Shareholders outlining an active third quarter 2018 in the ongoing development of the Company’s iron ore projects and exploration activities across the lithium, gold and nickel/cobalt projects in Western Australia and Nevada, USA. Figure 1. Hillside SkyTEM survey flown at 150 m line spacing showing conductors and geochemical anomalies. Figure 2. Stream [...]

Macarthur Minerals Ltd. is pleased to announce it will commence drilling high priority nickel sulphide targets at its Lake Giles project in Western Australia. The targets were derived from recent geophysical surveys using Moving Loop Electromagnetic . Surveying at Moonshine successfully delineated two bedrock conductors, MC01 and MC02, with a further bedrock conductor identified at the Snark prospect as announced on [...]

Macarthur Minerals Limited is pleased to announce the closing of the first tranche of a non-brokered private placement as announced on August 16, 2018. The subscriptions for tranche one totalled 14,252,400 Units at a price of CAD$0.025 per Unit for aggregate gross proceeds of CAD$356,310. The Company has also extended closing for Tranche 2 of the non-brokered private placement and expects to complete the Offering as soon [...]