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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
Comment by Bluebirdson Dec 30, 2016 12:15pm
88 Views
Post# 25653901

RE:RE:RE:RE:RE:Time to ride this up!

RE:RE:RE:RE:RE:Time to ride this up!
allain250 wrote: This is a worthless company that has no future


Hi Allain250, I think most here would disagree, and point to the many positives:

  • Lithium discovery and strategic acreage expansion at Lida Valley, Nevada
  • Over 2,138 square kilometers of lithium acreage in Western Australia.
  • Initial assay results up to 3.75% Li2O at Yalgoo Lithium Project.
  • 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.
  • Strategic investment by Rare Earth Minerals Plc, which has invested in other world class lithium projects.
  • Lithium acreage is approximate to Pilbara Minerals, which has raised A$100m to develop lithium-tantalum project.
  • Two iron ore projects in the Yilgarn Region of Western Australia with over C$70 million raised and invested.
  • Advanced stage preparation for listing on Australian Stock Exchange

Australia's Lithium Boom

And all for a miserly $10 million market cap! Some of our Australian neighbours have shot up by 1,000's of % from similar levels in less than 2 years. 2017 is looking like a great for MMS. Best wishes to you too Allain!
Bullboard Posts