Macarthur Minerals increases its Snark and Drabble Downs direct shipping hematite mineral resource by 46% to 14 million tonnes
Macarthur Minerals Limited (TSX VENTURE:MMS)(OTCQX:MMSDF) ("the Company") is pleased to advise of a 46% increase in the Hematite Goethite Mineral Resource estimate for its Snark & Drabble Downs potential DSO ("potential direct shipping ore") Mineral Resource located at its Macarthur Iron Ore project in Western Australia.
The Company is undertaking a comprehensive "drillout" of the Snark, Drabble Downs and Snark North areas. Of the 414 RC holes assayed to date, 294 holes have intercepted mineralisation and have been incorporated into this interim Mineral Resource statement. An additional 248 drilled RC holes are awaiting assay results and are not included in this interim Mineral Resource statement.