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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 Turtleinvestoron Nov 23, 2017 9:12pm
135 Views
Post# 27023081

RE:read it again and again The key is maybe there

RE:read it again and again The key is maybe there
tornadejay wrote: https://www.bloomberg.com/amp/news/articles/2017-10-25/ground-zero-for-lithium-giving-australia-lock-on-global-supply

my understand in the tweet of cameron

its maybe a news for the expansion
for MMS!!!!!


What do you think about????

If project expansions advance as planned, the region “would be the largest production center in the world,” Pilbara Chief Executive Officer Ken Brinsden said Thursday in an interview in Port Hedland. “In my mind, that could be the case by the early to mid-2020s.”

There’s been a rise in interest in recent weeks from consumers outside China, including from South Korea and Europe, also scouting for supply deals, Brinsden said.

Agreed, that's possible, but I think, Pilbara's  lithium project is big enough to support its expansion in terms of output(production), I don't think it's a resource expansion that Pilbara minerals' CEO is talking about, it's rather a production from their own existing resources, maybe I am wrong, I'm guessing if it is lithium deal that MMS management is in Toronto for, that might well be a Canadian lithium player who is seeking a footprint in Pilbara and is interesting in MMS claims? but we're all guessing, you might be right, we'll see when thing develops more.

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