Macarthur Minerals is pleased to announce it has expanded its Pilbara, Western Australia, tenements to include historical rock chip sampling results of up to 447 grams per tonne gold and 7.8% copper. David Taplin, President, CEO and Director of Macarthur Minerals commented: “Macarthur Minerals is excited about the potential for gold on its tenements that were primarily acquired for lithium. Historical rock chip sampling [...]
Macarthur Minerals is pleased to announce that all resolutions were passed by a poll at the Annual General Meeting of the Company held today in Australia. 82-92% of shareholders voting, voted in support of all resolutions. The results of the Annual General Meeting are set out in Appendix 1.
Macarthur Minerals is pleased to announce the results of a recent review of historical exploration data across the Company’s Exploration Licence Applications. Historical exploration indicates the potential for gold and copper with surface rock samples recorded up to 111 grams per tonne and copper up to 3.2%. David Taplin, President, CEO and Director of Macarthur Minerals commented: “Macarthur Minerals is excited about the [...]
Macarthur Minerals is pleased to announce that it is in discussions with parties for options for moving the Company’s iron ore projects forward. The Company has also extended closing for Tranche 2 of the non-brokered private placement. Macarthur Mineral’s President, Director and CEO, David Taplin commented that, “We are in discussions with parties for options for moving our iron ore projects forward. These parties are [...]
Macarthur Minerals is pleased to announce that it will acquire 15% of Yalgoo Exploration, which owns the Melville Gold Project in Western Australia1. David Taplin, President, CEO and Director of Macarthur Minerals commented: “Macarthur Minerals is excited about acquiring a 15% interest in Yalgoo Exploration which holds tenements prospective for both gold and lithium. The tenements contain the Melville Gold Project with a [...]
Macarthur Minerals is pleased to announce receipt of subscriptions for $1.8 million for closing of the Tranche 1 of the non-brokered private placement for a total of $2.5 million as announced on July 7, 2017. Macarthur Australia Limited seed shareholders and some applicants for the withdrawn Initial Public Offering of Macarthur Australia subscribed for 34,907,783 units (each, a “Unit”) at a price of $0.05 per Unit under [...]
Macarthur Minerals is pleased to announce the results of a geochemical soil sampling program at its new Reynolds Springs Lithium Brine Project in the Railroad Valley, of up to 405 ppm lithium. David Taplin, President, CEO and Director of Macarthur commented: “Macarthur Minerals is excited about the results of the recent soil sampling program at its Reynolds Springs project in the Railroad Valley, Nevada of up to 405 ppm [...]
Macarthur Minerals is pleased to announce that it has issued 1,000,000 shares at 7 cents per share, being the final payment for the acquisition the Company’s Stonewall Lithium Brine Project, located in Lida Valley. The Lida Valley is the basin adjacent to the Clayton Valley, which hosts North America’s only producing lithium mine, Albemarle’s Silver Peak Lithium Mine. The Stonewall Project has already returned significant [...]
Macarthur Minerals is pleased to announce that it will undertake a non-brokered private placement of up to 50,000,000 units at a price of CAD$0.05 per Unit for a total consideration of $2.5 million. As part of the Private Placement, existing Macarthur Australia shareholders have made pre-commitments for 30,000,000 Units for a total of $1.5 million for buy back of their shares in Macarthur Australia. Upon completion of the [...]
Macarthur Minerals announces that Macarthur Australia has withdrawn its prospectus for its initial public offering and proposed listing on the ASX due to market conditions. David Taplin, CEO of Macarthur Minerals and Macarthur Australia, commented that “It is a challenging market for raising capital. Whilst the Directors are disappointed at this outcome, the Board remains confident in the calibre of and potential in [...]
Macarthur Minerals is pleased to announce that it has expanded its lithium brine project portfolio, staking the Reynolds Springs Lithium Brine Project in Nevada on which it has located lithium at surface of up to 300 ppm lithium. The Company has staked 210 new unpatented placer mining claims at its new Reynolds Springs Lithium Brine Project in the Railroad Valley. Three surface samples at the Reynolds Springs Project [...]
Macarthur Minerals is pleased to announce a non-brokered private placement of up to 8,000,000 Shares at a price of CAD$0.0675 per Share for aggregate gross proceeds of up to CAD$540,000 to Alpha Giant, a private Chinese investment company. The closing of the private placement will occur as soon as possible after and subject to receipt of all necessary regulatory approvals including that of the TSX-V. The net proceeds from [...]
+4500,00 %
-95,65 %
