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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 rkhamon Dec 13, 2017 8:04am
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Post# 27144646

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nr[url=https://ceo.ca/@nasdaq/macarthur-minerals-closes-successful-19m-fully-underwritten][/url]

We thank our Shareholders for their strong support, with over half of the Rights Offering being additional subscriptions from our current Shareholders. $1.9 million raised from the Rights Offering, will be directed towards exploration of Macarthur Minerals’ gold and lithium projects in Pilbara, as well as its Reynolds Springs lithium brine project in Nevada. The Company will also continue to advance its iron ore projects in the Yilgarn region of Western Australia towards development.”
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