Macarthur Minerals Limited announced it has been granted a five-year extension of term for Exploration Licence E45/4735, with a new expiry date of 20 November 2027. A regional map showing the location, including Macarthur's Tambourah North project E45/5324. Exploration Licence E45/4735 (11.2km2) is located in the Pilbara region of Western Australia and immediately east of Atlas Iron's Abydos iron ore mine and south of its planned Sandtrax operation which forms part of the Miralga Creek iron ore mine.

Macarthur owns mineral rights for iron ore on two tenements located in the Pilbara region of Western Australia, Strelley Gorge ­ E45/4735 and Tambourah North - E45/5324. All other mineral rights on the two tenements are held by Macarthur's spinout company, Infinity Mining Limited. At Strelley Gorge, limited reconnaissance exploration has focused on the Banded Iron Formation (BIF) along strike of the Abydos iron ore mine.

Two samples taken from iron rich outcropping banded iron formation returned significant results of DSO quality iron ore (refer to following table and images)1. Both the Cleaverville and Paddy Market Formations are mapped by GSWA to occur on the Strelley Gorge project, containing mixed iron formation and mudstone/siltstone requiring further field investigation.