Macarthur Minerals Ltd V.MMS

Alternate Symbol(s): 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.

TSXV:MMS - Post by User

Macarthur Minerals Ltd

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Comment by FinalAnalyticon May 04, 2016 2:15pm

87 Views

Post# 24841420

RE:Western Australia's Pilbara Region Existing Developers

FinalAnalytic wrote:
When MMS will come out with their numbers, everybody would be acknowleding the fact that hard rock plays are better than brine plays.Acquiring the land is the main priority for MMS. Buying a land in Lithium enriched district of Western Australia is next to owning PE or Lix claims in Nevada.

Pilbara Minerals have 2985 Square Kilometers, with 82.5 Mega tonnes, with 50 years mine life according to Pilbara Minerals feasibility study, and their stock is at 0.70 cents.

However, MMS now has 1400 square kilometers of Lithium enriched district and approximately plentiful of Mega tonnes of Lithium.MMS will be the case of Pilbara Minerals as soon as MMS comes out with drilling results and finish acquiring JV parnters.

We would not be surprised if stock price goes up in multiples as soon as they start listing on ASX, most analysts predict this.

Nearly up 34 percent in 2 days, a JV is coming