Macro Metals Limited (ASX: $M4M) announces commencement of field exploration

Macro Metals Limited (ASX: $M4M) has initiated field-based exploration at the Cane Bore and Catho Well iron ore projects in the west Pilbara region of Western Australia. The decision to prioritize these projects was made by the newly appointed board due to their scale potential and advantageous transport logistics and non-process infrastructure opportunities. Both projects have proximal access to the sealed Nanutarra Road and are located adjacent to Mineral Resources Ltd's (ASX: $MIN) Ken's Bore Project infrastructure, including camp, airport with sealed runway, and haul road running to the Onslow Port.

Executive commentary on exploration and development activities

Mr Simon Rushton, Managing Director of Macro Metals, stated, 'Our newly appointed Board is finalizing its assessment of the entire Macro mineral asset portfolio and has identified Cane Bore and Catho Well projects as the two flagship exploration and development assets within the Company. We expedited a field visit to the two projects to assess logistics, refine near term work programs, and associated budgets. Initial rock chip samples have been taken and submitted for analysis. An extensive field-based program is scheduled to commence at Cane Bore within the next fortnight. Additionally, the permitting process for drilling to evaluate the scale and mineralization potential of the Cane Bore Project will commence within the next week. Shareholders can expect regular updates on our exploration and development activities in the coming weeks and months.'

Summary of Macro Metals' field exploration and future plans

Macro Metals Limited (ASX: $M4M) has embarked on field-based exploration at the Cane Bore and Catho Well iron ore projects in the west Pilbara region of Western Australia. The company's newly appointed board has identified these projects as flagship exploration and development assets due to their scale potential and advantageous transport logistics. Initial site visits have provided visual consistency of pisolite channel iron mineralization at both projects, with rock chip sampling already underway. The company plans to commence an extensive field-based program at Cane Bore and finalize the permitting process for drilling within the next week. Shareholders can anticipate regular updates on the progress of exploration and development activities in the coming weeks and months.