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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 willibrichon Oct 01, 2017 3:55pm
216 Views
Post# 26764237

MacArthur Minerals could be an undiscovered gem

MacArthur Minerals could be an undiscovered gem
that is because MMs has 20 exploration license applications totalling 1514 square kilometres in the Pilbara area . This includes the 265 km J/V 'd to Artemis recently ( E45/4779 and E45/4732 ) In addition they recently entered into an agreement to acquire E45/4685 which is located 50 km Southwest of Marble Bar ( Sept 12 , 2017 press release ) This adjacent to 3 other existing tenements. Now compare this to Novo which has applied for 7000 square km. , controls another 2000 square km and has an option to acquire 100 % of Welcome Exploration ground located north of Purdy's Reward / Comet Well. It appears that MacArthur Minerals has a nice chunk of ground in the sweet spot of the Hamersley basin. Otherwise , why would NVO have applied for ground immediately to the south and east. They will soon start looking for conglomerates under the Mt. Roe basalts. No more lithium. J.M.H.O.
Bullboard Posts