Macarthur Minerals Ltd. is pleased to announce that it has signed a Cooperation Agreement with diversified Singaporean-based conglomerate Jin Sung International Pte Ltd , paving the way for a potential strategic investment into Macarthur's iron ore and non-iron ore assets. Established in 1967, the Jin Sung Group is a large, diversified producer of [...]
Highlights Macarthur to spin-out its gold/copper Pilbara Assets into Infinity Mining Limited and make application to list Infinity on the Australian Securities Exchange later this year, subject to exchange approvals. Infinity will acquire additional Central Goldfields assets from Zanil Pty Ltd following a successful listing on ASX. Macarthur will [...]
Macarthur Minerals Ltd. is pleased to announce that it has signed a Strategic Partnership and Collaboration Agreement with LAVO Hydrogen Technology Holding Pty Ltd to investigate the facilitation of a staged technology solution that is intended to deliver a clear carbon reduction strategy for Macarthur's flagship Lake Giles Iron Project in the [...]
Macarthur Minerals Ltd. is pleased to announce that it is advancing mine planning work to support intended hematite mining operations at Lake Giles in Western Australia. The Company has commenced work to prepare a mine plan for a direct shipment ore product under a mining campaign which will initially target the Snark and Drabble Downs deposits of [...]
Macarthur Minerals Ltd. is pleased to update shareholders on an active first quarter 2021. 2021 Calendar Year Focus Macarthur's primary areas of focus during calendar year 2021 include the following: Feasibility Study: Advancing the Feasibility Study for the Company's high grade magnetite Lake Giles Iron Project in Western Australia. Repositioning [...]
Macarthur Minerals Ltd. is pleased to provide an update on the progress made on the mining and haulage components of the Feasibility Study for the Lake Giles Iron Project. Macarthur has been working with Orelogy Mining Consultants and Pells Sullivan Meynink on the mine design and road haulage aspects of the Project. Highlights Macarthur engagement [...]
Macarthur Minerals Ltd. announces that Macarthur has elected to terminate the letter of intent between the Company, Timeless Capital Corp and Zanil Pty Ltd dated 26 February 2021 . The Letter of Intent proposed a vend by Macarthur of its non-iron ore assets in the Pilbara region of Western Australia and the copper gold assets in the Central [...]
Macarthur Minerals Ltd. advises that in accordance with ASX Listing Rule 3.10A, 281,370 ordinary shares in the Company will be released from escrow on 9 April 2021. The Company will apply for the quotation for these shares within 5 business days after the end of the escrow period in accordance with ASX Listing Rule 2.8.5. On behalf of the Board of [...]
Macarthur Minerals Ltd. is pleased to announce that has made applications for tenements to support a groundwater search drilling programme following the successful completion by CGG Aviation of a Tempest airborne electromagnetic survey of palaeovalleys adjacent to the Lake Giles Iron Project. The AEM survey was undertaken to assist in the [...]
Macarthur Minerals Ltd. is pleased to announce that it has appointed two leading experts to its owners' team, to enhance the delivery of the Feasibility Study for its high-grade magnetite Lake Giles Iron Project in Western Australia. Highlights of Appointments • Mineral Processing Engineer - Dr Richard Peck: Highly regarded Mineral Processing [...]
Macarthur Minerals Ltd. is pleased to announce that it engaged CGG Aviation to undertake a Tempest airborne electromagnetic survey of palaeovalleys adjacent to the Lake Giles Iron Project to assist in the identification of groundwater drilling targets. CGG mobilised to site on 10 March 2021 and the aerial survey was completed over a period of 5 [...]
Macarthur Minerals Ltd. and Timeless Capital Corp. are pleased to announce that they have entered into a letter of intent in respect of a proposed transaction , whereby Timeless shall acquire: from Macarthur, through its wholly owned subsidiary, Macarthur Lithium Pty Ltd , a portfolio of Macarthur's Pilbara, Western Australia tenements plus CAD$1.4 [...]