Positive Feasibility Study Results for Lake Giles Iron Project

Provided By Globe Newswire

Last update: Mar 21, 2022

VANCOUVER, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) -- Macarthur Minerals Limited (ASX: MIO) (TSX-V: MMS) (OTCQB: MMSDF) (the Company or Macarthur) is pleased to advise that it has completed a Feasibility Study for the Company’s high grade magnetite Lake Giles Iron Project. The results confirm that the project is economically viable under long-term iron ore price forecasts.