Macarthur announce positive Study by Engenium - 07.02.2011
Macarthur Minerals Limited (MMS – TSXV) announced the receipt of the positive Moonshine Magnetite Scoping Study undertaken by Engenium in respect of the Moonshine deposit located within the Company‟s Lake Giles project in Western Australia.
The announcement can be view at the Macarthur website.
Macarthur Minerals Limited is a Perth, Australia based resource development company currently focused on developing its Lake Giles Iron Ore project, located in the Yilgarn iron ore district in Western Australia. The Lake Giles project is located 110km from rail with direct access to the Port of Esperance, Western Australia.
The project has a resource of 1.3 billion tonnes of magnetite mineralization that has been reported in accordance with National Instrument 43-101, and 18 million tonnes of potential Direct Shipping Ore (DSO) Goethite/Hematite at 55.5% Fe.
Perth Office
Level 10
Carillon City Tower
207 Murray Street
Perth Western Australia 6000
Australia
Tel: +61 8 6460 0300
Fax: +61 8 6460 0391
Email: info@engenium.com.au
Brisbane Office
Level 14
344 Queen Street
Brisbane Queensland 4000
Australia
Tel: +61 7 3160 2500
Fax: +61 7 3160 2519
