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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 > Trying to understand Mineral Resources Ltd dynamics
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Comment by jetstreamon Aug 23, 2020 3:42pm
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Post# 31443604

RE:Trying to understand Mineral Resources Ltd dynamics

RE:Trying to understand Mineral Resources Ltd dynamics
Here is a copy of a post from CEO by Hehassan "Lake Giles and the surrounding region will be dominated by 1 major iron producer, either by MMS or Minres through an acquisition of MMS properties. There's massive magnetite deposits held by smaller exploration companies surrounding the lake Giles region, if MacArthur chooses the production route opposed to an asset sale, id imagine the entire region of goldfields Esperance being dominated by MacArthur, we are by no means limited to only our lake Giles asset, all surrounding properties will be acquired given new railway access to Moonshine north.
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