Macarthur Minerals Limited

Macarthur Minerals Limited

December 05, 2006 15:57 ET

Macarthur Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 5, 2006) - Macarthur Minerals Limited (TSX VENTURE:MMS) (the "Company") is pleased to announce the appointment of Mr. Damien Reynolds to the board of directors of the Company. Mr. Reynolds is the first Canadian director to join Macarthur since the board was restructured.

Mr. Reynolds has over 23 years of experience in the mining industry. He is Chairman and CEO of Longview Capital Partners Inc., a profitable global resource group which owns 17% of Macarthur Minerals' common shares. Mr. Reynolds is also the Chairman and CEO of Buffalo Gold Ltd. (TSX VENTURE:BUF.U) and the Chairman of Bayswater Uranium Corporation (TSX VENTURE:BAY).

Mr. Reynolds noted, "I am extremely pleased to be joining the board of Macarthur, as this represents Longview Capital Partners' premier investment in the iron-ore sector. I believe the Lake Giles Project has the potential to become a world-class magnetite deposit and I am excited to work with my fellow Macarthur directors to advance the project."

The current Board of Directors now consists of Messrs. David Barwick, James Canning-Ure, Simon Hickey, Alan Phillips, Nick Revell and Damien Reynolds.

On behalf of the Board of Directors,


David K Barwick, President, Chairman & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Longview Capital Partners Incorporated
    Michael Rodger
    Investor and Media Inquiries
    (604) 681-5755