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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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Post by tornadejayon Feb 13, 2017 3:42pm
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Post# 25839084

lithium projects targeted for March/April 2017.

lithium projects targeted for March/April 2017.

ASX Listing 

The previously announced ASX IPO of the Company's Australian iron ore and lithium projects, is well advanced. Macarthur Minerals will maintain majority ownership and control of the intended ASX IPO listed entity, Macarthur Australia Limited. 

The board of Macarthur Minerals believes that an ASX IPO of its Australian subsidiaries, which hold its Australian 'hard rock' iron ore and lithium projects, will provide improved price realisation for those projects more consistent with its ASX listed peers. 

Macarthur Minerals' wholly owned subsidiary, Macarthur Lithium Nevada Limited, will continue to advance the Stonewall Lithium Project, located in Nevada.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities