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Macarthur Minerals highlights key economic assessment results at Lake Giles

Macarthur Minerals Limited (TSX-V:MMS) chief executive officer Joe Phillips updates Proactive Investors on recent preliminary economic assessment results at its Lake Giles Iron Ore Project in Western Australia. 
Phillips notes the company reduced its operational expenditure as well as overall capital costs for the project. 
“Over the last 10 years Macarthur has produced two preliminary economic assessments and a pre-feasibility study,” says Phillips. 
“They were both standalone projects for hematite and magnetite – over the last 6 weeks we’ve actually combined those two studies together.” 

Quick facts: Macarthur Minerals Ltd

Price: 0.495 AUD

Market: ASX
Market Cap: $50.66 m

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Macarthur Minerals new route to market a key to company success

Macarthur Minerals Limited (CVE:MMS) (ASX:MIO) CEO Joe Phillips joined Steve Darling from Proactive to discuss the iron ore exploration company with projects in Western Australia. Phillips discusses where those projects are at and also about one of the biggest hurdles the company has now...

on 23/7/20

2 min read