Macarthur Minerals Ltd. is pleased to provide an update on planned exploration activities at its Hillside Gold and Copper Project by its Joint Venture Partner, Fe Limited . Highlights of the project Down dip extension of mineralised gossan intercepted in two holes Anomalous results received include: ○ HRC 001: 1m @ 0.19% Cu, 230ppm Co, 0.14% Zn, 0.07ppm Au from 28m ○ HRC 022: 1m @ 0.74% Cu, 349ppm Co, 0.41% Zn, 0.14ppm Au from 83m ○ HRC 036: 1m @ 0.18% Cu, 0.12% Zn from 25m, 1m @ 0.27% Cu from 40m Results from the first phase drilling program reported by FEL in ASX announcement February 10, 2020 were very encouraging with three holes positively identified to have intercepted down dip extensions of a surface gossan. The three identified holes showed anomalous... [...]
Macarthur Minerals Ltd. updates on the potential for cobalt and nickel mineralisation at its Lake Giles Iron Ore Project in Western Australia, following recent rock chip sampling that coincided with the Company?s magnetite infill drilling. In 2018, a rock chip sampling program across the Snark prospect discovered samples containing the cobalt [...]
Macarthur Minerals Ltd. has been awarded a grant valued at $85,000 from the Western Australian Government to support drilling of a diamond drill hole at its Moonshine North Nickel Prospect, located within its Lake Giles Iron Project in Western Australia. The grant is provided under the Exploration Incentive Scheme administered by the Department of [...]
Macarthur Minerals Ltd. is pushing ahead on the Feasiblity Study for its Lake Giles Iron Project in Western Australia, despite strong economic headwinds caused by the coronavirus crisis. XRF assays and David Tube Recovery analysis from the infill drilling program completed at the end of 2019 have confirmed significant intersections of magnetite [...]
Macarthur Minerals Ltd. Joint Venture Partner, Fe Ltd. has received encouraging results from its first phase preliminary drilling at the Hillside Project in Western Australia targeting underground extensions to the periodically outcropping mineralised gossan identified during previous reconnaissance. A total strike length of 14km was mapped and [...]
Macarthur Minerals Ltd. has appointed New York-based EAS Advisors as its corporate advisor to assist it in the financing strategy for its Lake Giles Iron Project. Founded by Edward Sugar in 2008, EAS is a boutique global advisory firm focused on backing early stage mining and industrial groups to access US and international financial markets and [...]
Macarthur Minerals Ltd. has confirmed significant intersections of magnetite mineralisation at its Lake Giles Iron Project near Kalgoorlie in Western Australia following the completion of its infill drilling program. Drilling at the Moonshine North deposit comprised 21 reverse circulation holes for 3379 metres advance and 9 diamond drill holes for [...]
Macarthur Minerals Ltd. is pleased to provide an update to Shareholders outlining an active fourth quarter 2019 in the ongoing development of the Company’s flagship, Lake Giles Iron Project. The Company is pleased to also provide an update on the very positive early exploration results across the iron ore, gold, nickel and cobalt projects in [...]
Macarthur Minerals Ltd. is pleased to announce that it has entered into an agreement with Arrow Minerals Limited to acquire mineral tenure for the development of site infrastructure at its Lake Giles Iron Project. Macarthur has acquired a substantial package of land covering approximately 4950 ha adjacent to the Moonshine Magnetite deposit. The [...]
Macarthur Minerals Ltd. is pleased to provide an update on the recent infill drilling program at its Lake Giles Iron Project in the Yilgarn region of Western Australia. Infill Drilling has intersected a zone of high-grade magnetite mineralisation identified previously at the Moonshine North deposit and assay results have been received for several [...]
Macarthur Minerals Ltd. is pleased to announce that it was admitted to the Official List of Australian Securities Exchange on December 4, 2019 and commenced quotation of its securities on ASX on December 6, 2019. The Company successfully closed the Offer under its Replacement Prospectus on 28 November 2019 with subscriptions accepted for 20,032,952 [...]
Macarthur Minerals Ltd. is pleased to announce that it has completed the consolidation of its share capital on the basis of one post-consolidation common share for four pre-consolidation common share following approval of the consolidation by the TSX-V. The common shares of the Company commenced consolidated trading on TSX-V on 20 November 2019 at [...]
