[url=https://ceo.ca/@nasdaq/path-cleared-for-grant-and-exploration-of-macarthur][/url]
VANCOUVER, British Columbia, Oct. 13, 2017 (GLOBE NEWSWIRE) -- Macarthur Minerals Limited (TSX-V:MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce that:
- the Western Australian Minister for Mines and Petroleum will not refuse any of the applications for exploration licences made by Macarthur Lithium Pty Ltd in the Pilbara. These tenements will now proceed to grant; and
- the applications for forfeiture made against each of the Company’s 15 iron ore tenements will be withdrawn.
David Taplin, President, Director and CEO of Macarthur Minerals commented:
“We are pleased with the withdrawal of the forfeiture applications over our iron ore projects and the decision by the Western Australian Minister for Mines and Petroleum, which allows our 1,500km2 of exploration licence applications in the Pilbara to progress to grant. This clears the way forward for exploration activities on the Pilbara tenure to commence.”