The Company is focussed on the acquisition and development of high quality lithium projects. Macarthur Minerals is currently evaluating its tenure and commencing discussions with various third parties concerning potential joint ventures to maximise the exploration effort throughout 2017.

The results of the reconnaissance trips across the Pilbara tenure have identified several pegmatitic bodies, some containing lithium minerals that warrant further exploration efforts. Based on these results, the Company is focussing on refining an exploration strategy that will involve broader scale mapping of pegmatite outcrops; further rock sampling to determine lithium mineralisation, fractionation state and fractionation trends; as well as localised intensive sampling of soil to detect geochemical haloes associated with a lithium-bearing pegmatite. The results of such activities will inform drill targets to explore the degree and extent of lithium mineralisation as well as obtaining material for process test-work.