Macarthur Minerals Completes geotechnical drilling at Lake Giles
- Macarthur Minerals (MIO) completes the geotechnical drilling program at its Lake Giles Iron Project in Western Australia
- This drilling program forms part of the company’s feasibility study with steady progress continuing on all other aspects
- Nine holes were drilled at Moonshine and Moonshine North with the core set to be sent to Bureau Veritas for lab analysis
- Macarthur will update the market shortly regarding the final timing for the completion of the study as well as the release of the final JORC report and mineral reserve statement
- Shares in Macarthur are up 3.57 per cent on the market and are trading at 43.5 cents
