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Macarthur Minerals Advances Lake Giles Project and Raises A$1.25 Million Placement

12:02pm on Wednesday 29th of April, 2026 AEST Mining
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Macarthur Minerals Advances Lake Giles Project and Raises A$1.25 Million Placement

12:02pm on Wednesday 29th of April, 2026 AEST
Key Points
  • Progress on Lake Giles Iron Ore Project with Gold Valley engagement
  • A$1.25 million raised via placement with shares and options
  • Cash balance at $799,333 supports ongoing tenement and admin costs
  • Exploration limited to technical evaluation and sampling programs
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