MacArthur Minerals (MMS.V) - - 500 Beiträge pro Seite

[DerRohstoffbulle]

http://www.macarthurminerals.com/

Macarthur Minerals Ltd is an Australian public company listed in Canada (TSXV) currently focused on the exploration and development of its Lake Giles project located in Western Australia.

The area is prospective for significant iron-ore, nickel sulphide mineralization and gold.

The Lake Giles Project is located about 450 km east-northeast of the coastal city of Perth, Western Australia. Its contiguous tenements cover a total area of 1155 km².

Geologically it is situated in the Southern Cross Province of the Archaean ( rocks more than 2,500 million years old ) Yilgarn Block of southwestern Western Australia.

The Southern Cross Province has been and still is host to many significant mineral deposits that have been or are being mined for gold, nickel sulphide's and iron ore.

[DerRohstoffbulle]

Macarthur Minerals Commences 100,000 Metre Drill Programme for 2011

Mar. 7, 2011 (Marketwire Canada) --

VANCOUVER, BRITISH COLUMBIA --

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Macarthur Minerals Limited (TSX VENTURE:MMS) ("the Company") is pleased to advise that its 2011 field exploration programme has commenced with reverse circulation ("RC") drilling at the company's Snark Hematite Project, located at the northern end of the company's Lake Giles project.

The geological objectives of the 2011 field season are:

* Increase the classification of its potential Direct Shipping Ore of Inferred Mineral Resource 18 million tonnes at 55.5% Fe to Indicated Mineral Resource classification.
* Drill out the remaining 15 DSO targets which are located over a 10km strike length within the company's key project areas of Snark, Central and Lost World-Banjo.
* Drill out the remaining five magnetite targets that are located over the 60km strike length of the project.
* Diamond (HQ3) drill at Snark and Central for metallurgical and geotechnical purposes.
* Increase the classification of its Inferred Mineral Resources for the Lake Giles project of 1,316 Mt at 30.1% Fe to Indicated Mineral Resource classification.
* Increase the combined Mineral Resource Estimate to 1.5 Bt for the Lake Giles project.
* Drill out the remaining ten channel iron ("CID") targets.

Drilling Program 2011

The company has a second RC drill rig and a diamond drill rig booked for March to deliver this significant drilling program. The second RC drill rig will focus on the Moonshine Magnetite deposit where an Inferred Mineral Resource of 710Mt at 30.6% Fe has been reported.

The company has planned a staged drilling programme of 100,000 metres during the 2011 program. This represents the most comprehensive and focused drilling program undertaken by Macarthur Minerals and is designed to advance the geological and metallurgical certainty of the Lake Giles magnetite and hematite resources. This program will transform MMS from a pure exploration focus to a development focused company.

Snark DSO Project

The company has completed a total 46 holes for 1,967 metres since drilling commenced with every hole drilled intersecting potential DSO hematite/goethite (assay results pending). The company has planned a total of 150 RC holes at Snark and believes there is considerable opportunity to increase the Mineral Resource Estimate.

The Snark Mineral Resource is held under a granted Mining lease.

Moonshine Magnetite Project

The company has planned a total of 100 RC drill holes for infill drilling and to increase the tonnage of the current resource.

Metallurgy

Taking into consideration the tonnage potential at Snark, a total of 10 HQ Diamond drill holes are planned for metallurgical purposes. The two diamond holes completed last year at Moonshine (Magnetite) will be processed and used to confirm the indicative metallurgy results in the scoping study.

Environmental

The environmental activities undertaken to date include baseline surveys ensuring the acquisition of necessary environmental approvals for exploration from the Department of Mines and Petroleum in consultation with Department of Environment and Conservation. In addition, pre-clearance surveys, as required under the Heritage Act, have been completed. Several baseline surveys are scheduled for 2011 towards achieving environmental impact assessment and environmental approvals for mining.

Prefeasibility Studies

The geological and metallurgical work conducted this year will be the basis for the Company's Prefeasibility Study for its planned DSO operation and for the Prefeasibility Study for its magnetite project.

Macarthur Minerals President, Mr Alan Phillips, stated, "The Company has planned a significant geological programme this year. The initial focus is on our Snark project and then drilling will progress south to the Central project area which may allow an increased production profile if the Mineral Resources are delineated."

QUALIFIED PERSON

Mr. Andrew Spinks B.App.Sc, Grad.Dip (Mining), a member of AusIMM, and an independent consultant geologist, is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), in charge of the exploration on the Lake Giles project.

Further information on Macarthur Minerals Limited and technical reports on the Lake Giles project can be found on the company's website www.macartherminerals.com or www.sedar.com.

ABOUT MACARTHUR MINERALS LIMITED (TSX VENTURE:MMS)

Macarthur Minerals Limited, is a Perth, Australia based resource development company that is 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.

On behalf of the Board of Directors,

MACARTHUR MINERALS LIMITED

Alan Phillips, President, Chairman & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy or this release.

Corporate Relations
Jonathan Buick
416-915-0915

[e-mail]

Macarthur Minerals Limited - Australia
[phone]


[e-mail]
www.macartherminerals.com

[butcherfriend]

Kommt auf meine WL. Hast du dir Castle Resources schon mal genauer angesehen?

[DerRohstoffbulle]

Mar 27/11 Mar 23/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 104,900 $0.300
Mar 24/11 Mar 23/11 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 104,900 $3.000
Jan 14/11 Jan 10/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 15,100 $2.750
Jan 14/11 Jan 10/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 300 $2.750
Jan 13/11 Jan 10/11 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 15,100 $2.750
Jan 13/11 Jan 10/11 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 300 $2.750
Jan 07/11 Jan 04/11 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 9,000 $3.000
Jan 07/11 Jan 04/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 9,000 $3.000
Jan 05/11 Dec 31/10 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 28,000 $2.940
Jan 05/11 Dec 31/10 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 28,000 $2.940

[DerRohstoffbulle]

nach wie vor im depot! trotz auf und ab...
bedeutende insiderkäufe und starke bohrergebnisse werden für steigende kurse sorgen:

Macarthur Minerals Limited: Snark Drilling Update-42m at 59.4%Fe

Mar. 23, 2011 (Marketwire Canada) --

VANCOUVER, BRITISH COLUMBIA --

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Macarthur Minerals Limited (TSX VENTURE:MMS) ("the Company") is pleased to advise the first 36 RC drill hole assay results have been received with 42 metres at 59.4% Fe being recorded, and every hole returning potential direct shipping ore ("DSO") grade mineralisation at its Lake Giles project, located in Western Australia.

Drilling to date has extended the known mineralisation in several locations and new zones of outcropping mineralisation have been mapped in the Snark project area. The drilling was carried out over the outcropping hematite zones where the Company reported an Inferred Mineral Resource of 7.1 million tonnes at 55.9% Fe (News Release dated November 09, 2010).

A full listing of results is detailed in Table 1 (down-hole lengths reported - true widths will be determined). Better intersections reported include:

16m at 59.4%Fe from 2m depth
42m at 59.4%Fe from 3m depth
13m at 59.7%Fe from 0m depth
42m at 58.0%Fe from 2m depth
14m at 58.7%Fe from 3m depth
15m at 57.5%Fe from 6m depth
16m at 58.6%Fe from 3m depth
19m at 55.9%Fe from 3m depth

Since drilling commenced this year, over 100 holes have been drilled and over 200 drill holes have now been planned at Snark. These holes will form the basis for Mineral Resource estimations which are planned to be completed mid-year.

In addition, drilling has shown that the strike extents of the DSO may continue under surface cover and a new area known as 'Drabble-Downs' has been identified as potential additional source of DSO within the Snark area. Work is now underway to carry out drilling over these new areas.

Based on results to date the Company is confident that drilling should increase the Mineral Resource estimate at Snark. The present total Inferred Mineral Resource estimate is 18 million tonnes at 55.5% Fe (Press Release dated November 25, 2010).
...................

http://tmx.quotemedia.com/article.php?newsid=39790328&qm_sym…

[DerRohstoffbulle]

jennings capital
http://www.macarthurminerals.com/pdf/RockTalk/RockTalk201102…

[DerRohstoffbulle]

MACARTHUR MINERALS LTD. (TSXV-MMS $3.80); NOT RATED
Macarthur Minerals Releases Scoping Study on Moonshine Deposit
On February 7, 2011, Macarthur Minerals released a scoping study on its Moonshine Magnetite deposit, part of the
100%-owned Lake Giles project in western Australia. The scoping study included only the resources from the Moonshine
deposit; however, the potential exists to include mineralization from other deposits at Lake Giles. Included in the
Moonshine deposit is 5 million tonnes at 54.3% Fe of potential Direct Shipping Ore (DSO).

Lake Giles Project NI 43-101 Resource Estimate (Dec. 15, 2010)

Total:
Inferred 1,316 Mio Tonnes
30.1% Fe


The Lake Giles project has three rail and four port options available. Each option uses a slurry pipeline from the project to
rail head. The base case economic highlights are presented below:

Economic Highlights
Base Case

Capital Direct Cost
A$2,272 million
IRR 23%
NPV10%
Real Discount Rate
A$2,651 million
Operating Cost F.O.B.
A$52.3
Saleable Concentrate per Annum
10Mtpa
Stripping Ratio
3:1
Magnetite Concentrate Grade
~68%
Mass Recovery 38%
Mine Life 26 years



During Q1/2011 the Company is working on extending and upgrading the resource at the Moonshine deposit. The near
term development strategy is focused on exporting DSO in late 2012 or early 2013, which will act as a foundation for
advancing the magnetite project.

[DerRohstoffbulle]

pinetree und inwentash privat kauften im oktober massiv zu... ein sehr gutes zeichen:

Oct 13/11 Oct 12/11 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 100,000 $1.30


Oct 13/11 Oct 12/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 100,000 $1.30


Oct 13/11 Oct 11/11 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 150,000 $1.28

Oct 12/11 Oct 11/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 150,000 $1.28