Macarthur Minerals Ltd V.MMS

Alternate Symbol(s): MMSLF | MMSDF

Metals & Mining Industrial Metals & Minerals

Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.

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Macarthur Minerals Ltd

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Post by vchesaron Mar 17, 2016 4:14pm

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Post# 24672004

Moving back up

Yes, there is a chance it could move up in the coming days. Now MMS, if the applications are approved, can start on the Lithium projects. Lithium is the most sought after industrial mineral in the world with prices and demand skyrocketing. Rare Earth Minerals has faith in MMS to explore and develop lithium projects. Otherwise tthey would not have invested in MMS. Also Rare Earth Minerals has investments in Bocanora and Western Lithium. Western Lithium expects to start Lithium production in 2017 and Bocanora Minerals in 2018.

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