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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

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.


TSXV:MMS - Post by User

Bullboard Posts
Post by FinalAnalyticon Apr 27, 2016 11:57pm
252 Views
Post# 24818548

Macarthur Minerals Investment Highlights

Macarthur Minerals Investment Highlights

Macarthur Minerals is an Australian company focused on identifying and developing high-grade lithium projects. Macarthur Minerals currently holds 13 exploration license applications covering a total area of 1,192 square kilometers across the Pilbara, Ravensthorpe and Mid-West regions of Western Australia.

Rare Earth Minerals PLC (AIM:REM, OTC:REMMY) recently made a strategic investment in Macarthur Minerals. REM has a joint-venture partnership with Bacanora Minerals in the Sonora Lithium Project in Mexico—the only project in the world to have an offtake agreement with Tesla.

Macarthur Minerals is managed by a strong team of exploration and finance professionals. The team recently completed a modest capital raise which will bring its lithium projects through the initial stage of field reconnaissance in mid-2016. The Company will seek further capital to develop its projects.

Macarthur Minerals has a “shovel-ready” iron ore project, in Western Australia’s Yilgarn region. This project and the Company’s other iron ore project is on care and maintenance due to the current oversupplied iron ore market.

Highlights:

  • Over 1,192 square kilometers of lithium acreage in Western Australia.
  • One of a few TSX-V listed companies to have potential projects for lithium in Australia
  • Strong management team with significant international experience with a worldwide network of contacts.
  • Strong track record of exploring and identifying projects.
  • Strategic investment by Rare Earth Minerals Plc, which has invested in other world class lithium projects.
  • Lithium acreage is proximate to Pilbara Minerals, which has raised A$100m to develop a lithium-tantalum project.
  • Two iron ore projects in the Yilgarn Region of Western Australia with over C$70 million raised and invested.
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