Macarthur Minerals Limited announced to provide an update on the results of its drilling of high priority nickel sulphide targets at its Lake Giles project in Western Australia. Surveying at targets derived from recent geophysical surveys using Moving Loop Electromagnetics successfully delineated two bedrock conductors, MC01 and MC02 at Moonshine, with a further bedrock conductor identified at the Snark prospect. Results for the two Reverse Circulation ("RC") drill holes completed at Moonshine North have returned encouraging assay results. Anomalous nickel in hole 18MRC001 with average of 0.2% Ni over 31 metres from 26m. Potassic alteration indicated in hole 18MRC001 from 140m to 146m (20% Potassium content) marginal to the sulphide intersection in the hole. Anomalous gold associated with sulfidic chert in interval 106m to 113m (average gold content 159. part per billion over the interval) Both holes had successfully intersected sulphide minerals at depth and semi-massive sulphide comprising 20% pyrite/pyrrhotite was recorded over 12m in hole 18MRC002 from 185m to end of hole. Sulphide mineralisation is open at depth and on strike with the hole ending in sulphide mineralisation.