Macarthur Minerals Ltd. is pleased to announce that on 18 October 2021, Infinity Mining Ltd. entered into a Sale and Purchase Agreement with Zanil Pty Ltd and Alec Charles Pointon to acquire 100% of the Central Goldfields Tenements detailed in the table below, situated in and around the Leonora region, approximately ~220 km north of Kalgoorlie in Western Australia. The vending of the Central Goldfields Tenements into [...]
Macarthur Minerals Ltd. is pleased to announce that the Company's Pilbara iron ore tenements, previously named Macarthur Lithium Pty Ltd), will remain in the Macarthur Group. An intra-group tenement transfer agreement to be finalised prior to the planned listing of Infinity later this year will preserve Macarthur's ability to pursue a future iron ore extension strategy in the Pilbara. Highlights Tenement transfer [...]
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 retain a material shareholding in Infinity following listing. Proposed [...]
