VANCOUVER, British Columbia, Dec. 13, 2017 -- Macarthur Minerals Limited is pleased to announce that it has closed its previously announced rights offering which expired on December 12, 2017 , subject to final Exchange approval. Macarthur Minerals will issue 31,712,730 Units of the Company at a price of C$0.06 per Unit for gross proceeds of C$1,902,764. Cameron McCall, Executive Chairman of Macarthur Minerals commented [...]
VANCOUVER, British Columbia, Dec. 11, 2017 -- Macarthur Minerals Ltd. would like to remind its rights offering shareholders of record that the period to exercise the Rights expires at 5:00 p.m. on December 12, 2017 . Six Rights will entitle the holder to subscribe for 1 unit at a subscription price of C$0.06 per unit . Each whole Unit consists of one Common Share and one Common Share purchase warrant . Each whole Warrant [...]
VANCOUVER, British Columbia, Dec. 08, 2017 -- Macarthur Minerals Limited is pleased to announce that all tenements comprising the Hillside Gold Project in the Pilbara have granted. Twelve out of the Company’s sixteen Exploration Licences in the Pilbara covering ~1,300km2 have now been granted allowing full exploration activities on those tenements for conglomerate gold, gold, and lithium. Macarthur granted tenements [...]
VANCOUVER, British Columbia, Dec. 06, 2017 -- Macarthur Minerals Limited is pleased to announce that it has entered into a strategic alliance with 3PL Operating Inc for exploration of the Company’s Reynolds Springs lithium brine Project in the Railroad Valley in Nevada. 3PL has a wealth of experience in drilling, development and production of oil and gas, which is similar to lithium development since the metal is [...]
VANCOUVER, British Columbia, Dec. 04, 2017 -- Macarthur Minerals Limited is pleased to announce that it has received a further A$200,000 from Mining and Metallurgy Process Solutions Pty Ltd for settlement concerning the Melville Gold Project. The Company has now received an aggregate of $300,000 relating to the Melville Gold Project. Cameron McCall, Executive Chairman of Macarthur Minerals commented: “These [...]
VANCOUVER, British Columbia, Dec. 01, 2017 -- Macarthur Minerals Limited is pleased to announce that Artemis Resources Ltd. has exercised its option to earn-in up to 80% interest in two of the Company’s tenements located 265km south-south-east of Karratha in the Pilbara Region of Western Australia. Artemis are specifically interested in the conglomerate gold potential of these 2 large tenements covering a total of [...]
VANCOUVER, British Columbia, Nov. 30, 2017 -- Macarthur Minerals Ltd. would like to remind its rights offering shareholders of record that the period to exercise the Rights expires at 5:00 p.m. on December 12, 2017 . Cameron McCall, Executive Chairman of Macarthur Minerals, commented: “The Rights Offering was made so as to give an opportunity for all shareholders and we already have a number of the Company’s [...]
VANCOUVER, British Columbia, Nov. 29, 2017 -- Macarthur Minerals Limited is pleased to announce that eleven out of its sixteen Exploration Licences in the Pilbara covering ~1,300km2 have now been granted allowing full exploration activities on those tenements for conglomerate gold, gold, and lithium. Figure 1. Macarthur granted tenements across the Eastern Pilbara and the Fortescue Group Geology A photo accompanying this [...]
VANCOUVER, British Columbia, Nov. 23, 2017 -- Macarthur Minerals Limited is pleased to announce that it has confirmed lithium mineralisation at the Tambourah Lithium Project with rock chip assay results of up to 1.47% Li2O associated with lepidolite. Figure 1. Outcropping pegmatite in foreground showing lepidolite mineralisation at surface ; Pegmatite sample dominated by lepidolite containing 1.47% Li2O. A photo [...]
VANCOUVER, British Columbia, Nov. 22, 2017 -- Macarthur Minerals Limited is pleased to announce that Artemis Resources Ltd. is to commence exploration for conglomerate hosted gold at Macarthur Minerals’ two tenements subject to an option agreement, as previously announced on October 8, 2017. Figure 1. Macarthur Minerals’ tenements showing area of interest for stream sediment sampling across the Mt Roe Basalt A [...]
VANCOUVER, British Columbia, Nov. 17, 2017 -- Macarthur Minerals Limited is pleased to announce that it has finalised heritage agreements with the Palyku and Njamal native title claimants. Both groups have withdrawn their objections paving the way for all the Exploration Licences in the Pilbara to be granted in a matter of days. Figure 1. Macarthur tenements across the Eastern Pilbara and the Fortescue Group Geology A [...]
VANCOUVER, British Columbia, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Macarthur Minerals Limited (TSX-V:MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce it has entered into an agreement to acquire 100% of granted exploration license E45/4685 covering an area of 35 square kilometers in the Pilbara region of Western Australia (“Tenement”), as previously announced on September [...]