VANCOUVER, British Columbia, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Macarthur Minerals Ltd. (TSX-V:MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce that its rights offering, as previously announced on October 23, 2017 (the “Rights Offering”), has commenced. Holders of its common shares at the close of business on the record date of October 30, 2017 have now been mailed [...]
VANCOUVER, British Columbia, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Macarthur Minerals Limited (TSX-V:MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce that it has received the settlement funds of A$100,000 from Mining and Metallurgy Process Solutions Pty Ltd. This payment now completes the settlement between the parties and gives the Company clear title to the 15% of Yalgoo [...]
Macarthur Minerals is pleased to announce that Joe Phillips, has been re-appointed as Joint CEO of the Company, along with current CEO, David Taplin. Mr Phillips was appointed as Executive Director of the Company on October 11, 2017. Mr Joe Phillips was previously the Company’s CEO in 2015 and was responsible for the original funding, exploration and development of the Company’s iron ore assets, having completed its 2012 [...]
Macarthur Minerals is pleased to announce that it will be offering rights to holders of its common shares at the close of business on the record date of October 30, on the basis of one right for each common share held. Six (6) 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 (“Warrant [...]
Macarthur Minerals is pleased to confirm the potential for high grade gold on its Pilbara tenements, following a recent reconnaissance trip to its Hillside Gold Project in the Pilbara, Western Australia in association with Artemis Resources Limited. David Taplin commented: “Macarthur Minerals is excited about the potential for high grade gold on its Pilbara tenements that were primarily acquired for lithium. Historical [...]
Macarthur Minerals is pleased to announce that it has completed acquisition of 15% of Yalgoo Exploration Pty Ltd, which owns the Melville Gold Project in Western Australia. David Taplin commented: “Macarthur Minerals has completed acquisition of 15% interest in Yalgoo Exploration which holds tenements prospective for gold. The tenements contain the Melville Gold Project with a historical indicated resource of [...]
Macarthur Minerals is pleased to announce that Cameron McCall, has been appointed as Executive Chairman of the Company. Mr McCall was appointed as Non-Executive Chairman of the Company on December 4, 2015. Mr McCall has a wealth of experience across the financial services and commercial property industries internationally. He has been providing investment advice, equity capital raising and share trading for over 17 years [...]
Macarthur Minerals is pleased to announce that: the Western Australian Minister for Mines and Petroleum will not refuse any of the applications for exploration licences made by Macarthur Lithium Pty Ltd in the Pilbara. These tenements will now proceed to grant; and the applications for forfeiture made against each of the Company’s 15 iron ore tenements will be withdrawn.
Macarthur Minerals is pleased to announce that it has entered into an agreement to acquire 100% of granted exploration license E45/4764 covering an area of 13 square kilometers in the Pilbara region of Western Australia. The Tenement sits adjacent to the tenements part of the Company’s farm-in deal with Artemis Resources Limited, as announced by the Company on September 28, 2017, which contains the Mt Roe basalt which is [...]
Macarthur Minerals is pleased to announce the appointment of Mr Joe Phillips as an executive director of the Company, subject to TSX-V approval. Mr Joe Phillips was previously the Company’s CEO and was responsible for the original funding and development of the Company’s significant iron ore assets, having completed its 2012 Prefeasibility Study for the Ularring Hematite Project and obtaining environmental approvals.
Macarthur Minerals is pleased to announce that ASX listed Artemis Resources has paid A$60,000 to secure its option to earn up to an 80% interest in two of Macarthur Minerals’ tenements located 265 km south-south-east of Karratha in the Pilbara Region of Western Australia for A$2 million of expenditure over 3 years.
Macarthur Minerals is pleased to announce that it has entered into a binding term sheet with ASX listed Artemis Resources for Artemis to earn-in up to 80% interest in two of its 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 265km2.