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 Bluebirdson Jan 03, 2017 2:39pm

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Post# 25662752

RE:RE:RE:RE:ASX Listing 2017

Financial Times article released 2 hours ago regarding booming Australian lithium stocks:

Rise of ASX Lithium stocks

Bluebirds wrote: Australian lithium market is heating up already this year with the following sales and acquisitions:

$107.5 million cash offer from China-based Shandong Mingrui Group to Birmian (ASX;BGS) for it's Malian lithium asset. They have signed a letter of intent for its sale and plan to seek shareholder approval once the deposit has been received.

Also of note is that ASX lithium heavyweight, GXY have gone into voluntary suspension pending the possible sale in it's stake of an Argentinian lithium asset.

Bluebirds wrote: Thanks for the links supra48. Perhaps there's a possibility iron ore business will be sold or jv'd to fund lithium development...especially as the company recently announced it "is receiving renewed corporate interest in its two iron ore projects in Western Australia" (Dec 16) And would certainly generate plenty of exposure for ASX listing.

Here's a reminder of what MMS has to offer in the new year, looking forward to a stellar 2017!

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"