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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 honkytonkgirl1on May 03, 2018 7:53am
114 Views
Post# 27974842

RE:Tesla ramp has positive implication on lithium juniors

RE:Tesla ramp has positive implication on lithium juniors
ReduceCO2 wrote:
Tesla vehicle and battery production increase has positive implications for advanced junior lithum explorers. Reported by Livio Filice 5/2/2018
https://seekingalpha.com/instablog/6440191-livio-filice/5153632-tesla-vehicle-battery-production-increase-positive-implications-advanced-junior-lithium


“From an investment standpoint, there are opportunities to play growth in the next few years by investing in late-stage lithium exploration companies who are well positioned to bring new volume into the market, or to identify early-stage producers who can invest in facility expansion in the immediate future to meet emerging demand.”

I believe our lithium area is a mere 500 miles from the Tesla factories if I remember correctly. MMS is by no means a one trick pony and I am looking forward to updates on this project!

HTG


Bullboard Posts