Macro Metals Limited (ASX:M4M)

Our Managing Director, Simon Rushton sat down with Small Caps to talk through a significant few weeks for Macro Metals. The headline: we've agreed to divest the Agbaja Iron Ore Project in Nigeria for US$5.6M being capital that funds our next phase without returning to shareholders for it. That capital goes to work in the Pilbara. In July we added Yandi South: 56km² sitting around 5km from BHP's Yandi operation and bordering Rio Tinto's Yandicoogina. Alongside our interest in the Extension project, it sharpens our focus squarely onto Western Australian iron ore and our growing mining services business. Simon walks through the rationale, what completion of the Agbaja sale looks like, and where the next leg of growth comes from. Watch the full interview 👇 https://lnkd.in/gPnK7-qw #IronOre #Pilbara #ASX #Mining #M4M

Macro Metals Limited (ASX: M4M) has today announced that it has entered into a non-binding term sheet for the sale of 100% of the shares in KCM Mining Limited, the registered owner of the Agbaja Iron Ore Project in Kogi State, Nigeria. 𝗞𝗲𝘆 𝗽𝗼𝗶𝗻𝘁𝘀: • Divestment enables Macro to solely focus on its Western Australian mining services and resource development businesses and deploy sale proceeds to accelerate growth in a non-dilutionary manner • Buyer is RSIN Nigeria Limited, part of the RSIN Group, which has held mining, mineral processing, smelting and steel manufacturing interests in Nigeria for almost two decades • Purchase price of US$5,670,000 on a cash-free, debt-free locked-box basis • The community development agreement with the local Agbaja community is to be extended to at least December 2031, providing continuity for local stakeholders Macro has invested in the Agbaja region for more than a decade, funding exploration, resource definition drilling, studies, trial mining and a long-running metallurgical research program. The proposed transaction would allow the Company to focus solely on its Western Australian mining services and resource development businesses, with proceeds applied in a non-dilutionary manner. Managing Director Simon Rushton says: "𝘈𝘨𝘣𝘢𝘫𝘢 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘱𝘢𝘳𝘵 𝘰𝘧 𝘔𝘢𝘤𝘳𝘰'𝘴 𝘩𝘪𝘴𝘵𝘰𝘳𝘺 𝘧𝘰𝘳 𝘮𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 𝘢 𝘥𝘦𝘤𝘢𝘥𝘦, 𝘢𝘯𝘥 𝘵𝘩𝘪𝘴 𝘵𝘦𝘳𝘮 𝘴𝘩𝘦𝘦𝘵 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘴 𝘢 𝘱𝘢𝘵𝘩𝘸𝘢𝘺 𝘵𝘰 𝘵𝘳𝘢𝘯𝘴𝘪𝘵𝘪𝘰𝘯 𝘵𝘩𝘦 𝘗𝘳𝘰𝘫𝘦𝘤𝘵 𝘵𝘰 𝘢 𝘨𝘳𝘰𝘶𝘱 𝘸𝘪𝘵𝘩 𝘢𝘯 𝘦𝘴𝘵𝘢𝘣𝘭𝘪𝘴𝘩𝘦𝘥 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘯𝘨 𝘱𝘳𝘦𝘴𝘦𝘯𝘤𝘦 𝘪𝘯 𝘕𝘪𝘨𝘦𝘳𝘪𝘢 𝘢𝘤𝘳𝘰𝘴𝘴 𝘮𝘪𝘯𝘪𝘯𝘨, 𝘱𝘳𝘰𝘤𝘦𝘴𝘴𝘪𝘯𝘨 𝘢𝘯𝘥 𝘴𝘵𝘦𝘦𝘭 𝘮𝘢𝘬𝘪𝘯𝘨. 𝘛𝘩𝘦 𝘱𝘳𝘰𝘱𝘰𝘴𝘦𝘥 𝘴𝘢𝘭𝘦 𝘢𝘭𝘴𝘰 𝘪𝘯𝘤𝘭𝘶𝘥𝘦𝘴 𝘢𝘯 𝘦𝘹𝘵𝘦𝘯𝘴𝘪𝘰𝘯 𝘰𝘧 𝘵𝘩𝘦 𝘤𝘰𝘮𝘮𝘶𝘯𝘪𝘵𝘺 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 𝘢𝘨𝘳𝘦𝘦𝘮𝘦𝘯𝘵 𝘵𝘰 𝘢𝘵 𝘭𝘦𝘢𝘴𝘵 𝘋𝘦𝘤𝘦𝘮𝘣𝘦𝘳 2031, 𝘸𝘩𝘪𝘤𝘩 𝘪𝘴 𝘢𝘯 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 𝘰𝘶𝘵𝘤𝘰𝘮𝘦 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘈𝘨𝘣𝘢𝘫𝘢 𝘤𝘰𝘮𝘮𝘶𝘯𝘪𝘵𝘺. 𝘍𝘰𝘳 𝘔𝘢𝘤𝘳𝘰, 𝘵𝘩𝘦 𝘛𝘳𝘢𝘯𝘴𝘢𝘤𝘵𝘪𝘰𝘯 𝘸𝘰𝘶𝘭𝘥 𝘢𝘭𝘭𝘰𝘸 𝘶𝘴 𝘵𝘰 𝘥𝘪𝘳𝘦𝘤𝘵 𝘰𝘶𝘳 𝘤𝘢𝘱𝘪𝘵𝘢𝘭 𝘢𝘯𝘥 𝘮𝘢𝘯𝘢𝘨𝘦𝘮𝘦𝘯𝘵 𝘢𝘵𝘵𝘦𝘯𝘵𝘪𝘰𝘯 𝘵𝘰 𝘰𝘶𝘳 𝘞𝘦𝘴𝘵𝘦𝘳𝘯 𝘈𝘶𝘴𝘵𝘳𝘢𝘭𝘪𝘢𝘯 𝘮𝘪𝘯𝘪𝘯𝘨 𝘴𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘢𝘯𝘥 𝘳𝘦𝘴𝘰𝘶𝘳𝘤𝘦 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴𝘦𝘴 𝘸𝘪𝘵𝘩𝘰𝘶𝘵 𝘥𝘪𝘭𝘶𝘵𝘪𝘯𝘨 𝘴𝘩𝘢𝘳𝘦𝘩𝘰𝘭𝘥𝘦𝘳𝘴. 𝘛𝘩𝘦 𝘵𝘦𝘳𝘮 𝘴𝘩𝘦𝘦𝘵 𝘪𝘴 𝘯𝘰𝘯-𝘣𝘪𝘯𝘥𝘪𝘯𝘨 𝘢𝘯𝘥 𝘵𝘩𝘦𝘳𝘦 𝘪𝘴 𝘮𝘰𝘳𝘦 𝘸𝘰𝘳𝘬 𝘵𝘰 𝘥𝘰 𝘵𝘰 𝘳𝘦𝘢𝘤𝘩 𝘢 𝘥𝘦𝘧𝘪𝘯𝘪𝘵𝘪𝘷𝘦 𝘢𝘨𝘳𝘦𝘦𝘮𝘦𝘯𝘵; 𝘸𝘦 𝘸𝘪𝘭𝘭 𝘬𝘦𝘦𝘱 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬𝘦𝘵 𝘪𝘯𝘧𝘰𝘳𝘮𝘦𝘥 𝘢𝘴 𝘮𝘢𝘵𝘵𝘦𝘳𝘴 𝘱𝘳𝘰𝘨𝘳𝘦𝘴𝘴." Full details are set out in the ASX announcement attached below or available on our website: https://lnkd.in/gQzWqgFQ #ASX #M4M #IronOre #Mining #MiningServices #WesternAustralia #Nigeria #Investors

Wheels turning on Country. 🚛 Our heavy mobile equipment is on the road, mobilising to BHP’s Mt Goldsworthy operation in the Pilbara to deliver Nyapiri Macro Mining’s first work package under our Framework Agreement with BHP Iron Ore. Site establishment, temporary facilities, civil earthworks and rehabilitation — $12.52 million of work running through to May 2027. What makes it different is who’s doing it. Nyapiri Macro is majority owned by Nyapiri Holdings, a Kariyarra, Ngarla and Nyamal Traditional Owner business, which means Traditional Owners working on and rehabilitating their own Country, with local Indigenous employment and procurement built in from day one. Thanks to the BHP team for getting us here, and to our crews for a safe mobilisation. More to come. 👊 #Pilbara #IndigenousBusiness #MiningServices #BHP #OnCountry

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Macro Metals (ASX: M4M) has agreed to acquire the Yandi South iron ore project in WA's Pilbara for $6.5m plus a production royalty. The 56km² project sits ~17km from our Extension project and borders BHP's Yandi and Rio Tinto's Yandicoogina operations. It comes with a historical resource of 4.28Mt at 55.8% Fe (including a high-grade core of 1.88Mt at 58% Fe), plus untested magnetite potential - only ~10% of the tenure has been drilled to date. If our adjoining tenure applications are granted, this expands our wholly-owned Pilbara footprint to ~100km². MD Simon Rushton: "𝘞𝘪𝘵𝘩 𝘳𝘦𝘤𝘦𝘯𝘵 𝘮𝘦𝘥𝘪𝘢 𝘤𝘰𝘷𝘦𝘳𝘢𝘨𝘦 𝘴𝘵𝘳𝘰𝘯𝘨𝘭𝘺 𝘴𝘶𝘨𝘨𝘦𝘴𝘵𝘪𝘯𝘨 𝘣𝘰𝘵𝘩 [𝘉𝘏𝘗 𝘢𝘯𝘥 𝘙𝘪𝘰 𝘛𝘪𝘯𝘵𝘰] 𝘢𝘳𝘦 𝘢𝘤𝘵𝘪𝘷𝘦𝘭𝘺 𝘴𝘦𝘦𝘬𝘪𝘯𝘨 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘵𝘰 𝘦𝘹𝘵𝘦𝘯𝘥 𝘵𝘩𝘦 𝘶𝘴𝘢𝘣𝘭𝘦 𝘭𝘪𝘧𝘦 𝘰𝘧 𝘵𝘩𝘦𝘪𝘳 𝘳𝘦𝘴𝘱𝘦𝘤𝘵𝘪𝘷𝘦 𝘪𝘯𝘧𝘳𝘢𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦 𝘢𝘵 𝘵𝘩𝘪𝘴 𝘭𝘰𝘤𝘢𝘵𝘪𝘰𝘯, 𝘵𝘩𝘪𝘴 𝘤𝘰𝘶𝘭𝘥 𝘱𝘳𝘦𝘴𝘦𝘯𝘵 𝘢𝘥𝘥𝘪𝘵𝘪𝘰𝘯𝘢𝘭 𝘤𝘰𝘭𝘭𝘢𝘣𝘰𝘳𝘢𝘵𝘪𝘰𝘯 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘧𝘰𝘳 𝘔𝘢𝘤𝘳𝘰." Read more: https://lnkd.in/emiJB3AT #ASX #IronOre #Pilbara #Mining

We've just published a piece on a project our Managing Director, Simon Rushton, believes genuinely matters for Western Australia, and for where our industry is heading. Our wholly owned company, Macro Mining Services, has been appointed the exclusive mining services provider for MetalLogic's modular steelmaking project in the East Pilbara. The idea is a simple but powerful one: bring value-added processing to the resource, rather than ship raw ore away and buy the steel back at a premium. For our shareholders and partners, it's a clear signal of the work we're building toward - technically complex, first-of-their-kind projects, delivered safely and with Traditional Owner participation embedded from the outset. I've shared my full thoughts in the article below. Worth a read if you're watching where downstream processing in WA is heading. 👇 Read the article

𝗡𝘆𝗮𝗽𝗶𝗿𝗶 𝗠𝗮𝗰𝗿𝗼 𝗮𝘄𝗮𝗿𝗱𝗲𝗱 𝗳𝗶𝗿𝘀𝘁 𝗪𝗼𝗿𝗸 𝗣𝗮𝗰𝗸𝗮𝗴𝗲 𝘂𝗻𝗱𝗲𝗿 𝗕𝗛𝗣 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁 We're pleased to share that Nyapiri Macro Mining has been awarded its first Work Package Instruction by BHP under the Framework Agreement signed in February and work is already underway at Mt Goldsworthy in the Pilbara. This milestone is the result of close collaboration over the past 12 months between BHP, Macro Mining Services and Nyapiri Macro The scope covers site establishment, civil earthworks, maintenance and rehabilitation, delivered on-Country with Ngarla representatives providing cultural and heritage oversight throughout. Macro's Managing Director, Simon Rushton, said: "𝘛𝘩𝘦 𝘢𝘸𝘢𝘳𝘥 𝘰𝘧 𝘵𝘩𝘪𝘴 𝘧𝘪𝘳𝘴𝘵 𝘸𝘰𝘳𝘬 𝘱𝘢𝘤𝘬𝘢𝘨𝘦 𝘪𝘴 𝘵𝘩𝘦 𝘤𝘶𝘭𝘮𝘪𝘯𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘢 𝘤𝘭𝘰𝘴𝘦 𝘢𝘯𝘥 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘪𝘷𝘦 𝘦𝘯𝘨𝘢𝘨𝘦𝘮𝘦𝘯𝘵 𝘸𝘪𝘵𝘩 𝘉𝘏𝘗 𝘰𝘷𝘦𝘳 𝘵𝘩𝘦 𝘱𝘢𝘴𝘵 12 𝘮𝘰𝘯𝘵𝘩𝘴. 𝘐'𝘮 𝘱𝘳𝘰𝘶𝘥 𝘰𝘧 𝘵𝘩𝘦 𝘸𝘢𝘺 𝘣𝘰𝘵𝘩 𝘵𝘩𝘦 𝘔𝘢𝘤𝘳𝘰 𝘢𝘯𝘥 𝘕𝘺𝘢𝘱𝘪𝘳𝘪 𝘔𝘢𝘤𝘳𝘰 𝘵𝘦𝘢𝘮𝘴 𝘩𝘢𝘷𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩𝘦𝘥 𝘵𝘩𝘦𝘪𝘳 𝘸𝘰𝘳𝘬 𝘸𝘪𝘵𝘩 𝘉𝘏𝘗, 𝘢𝘯𝘥 𝘨𝘳𝘢𝘵𝘦𝘧𝘶𝘭 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘤𝘰𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘷𝘦 𝘢𝘯𝘥 𝘴𝘶𝘱𝘱𝘰𝘳𝘵𝘪𝘷𝘦 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘩𝘦 𝘉𝘏𝘗 𝘵𝘦𝘢𝘮 𝘢𝘥𝘰𝘱𝘵𝘦𝘥 𝘵𝘩𝘳𝘰𝘶𝘨𝘩𝘰𝘶𝘵. 𝘉𝘰𝘵𝘩 𝘵𝘦𝘢𝘮𝘴 𝘩𝘢𝘷𝘦 𝘴𝘩𝘰𝘸𝘯 𝘢 𝘨𝘦𝘯𝘶𝘪𝘯𝘦 𝘸𝘪𝘭𝘭𝘪𝘯𝘨𝘯𝘦𝘴𝘴 𝘵𝘰 𝘨𝘰 𝘢𝘣𝘰𝘷𝘦 𝘢𝘯𝘥 𝘣𝘦𝘺𝘰𝘯𝘥, 𝘩𝘢𝘯𝘥𝘭𝘪𝘯𝘨 𝘦𝘢𝘤𝘩 𝘴𝘵𝘢𝘨𝘦 𝘣𝘦𝘧𝘰𝘳𝘦 𝘢𝘯𝘥 𝘢𝘧𝘵𝘦𝘳 𝘵𝘩𝘦 𝘵𝘦𝘯𝘥𝘦𝘳 𝘢𝘯𝘥 𝘧𝘳𝘢𝘮𝘦𝘸𝘰𝘳𝘬 𝘢𝘨𝘳𝘦𝘦𝘮𝘦𝘯𝘵 𝘸𝘪𝘵𝘩 𝘳𝘦𝘢𝘭 𝘤𝘢𝘳𝘦 𝘢𝘯𝘥 𝘢𝘵𝘵𝘦𝘯𝘵𝘪𝘰𝘯 𝘵𝘰 𝘥𝘦𝘵𝘢𝘪𝘭. 𝘛𝘩𝘦 𝘧𝘭𝘦𝘹𝘪𝘣𝘭𝘦, 𝘤𝘢𝘯-𝘥𝘰 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘢𝘥𝘰𝘱𝘵𝘦𝘥 𝘣𝘺 𝘔𝘢𝘤𝘳𝘰 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘤𝘦𝘯𝘵𝘳𝘢𝘭 𝘵𝘰 𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯𝘪𝘯𝘨 𝘣𝘰𝘵𝘩 𝘔𝘢𝘤𝘳𝘰 𝘔𝘪𝘯𝘪𝘯𝘨 𝘚𝘦𝘳𝘷𝘪𝘤𝘦𝘴 𝘢𝘯𝘥 𝘕𝘺𝘢𝘱𝘪𝘳𝘪 𝘔𝘢𝘤𝘳𝘰 𝘢𝘴 𝘩𝘪𝘨𝘩𝘭𝘺 𝘤𝘳𝘦𝘥𝘪𝘣𝘭𝘦 𝘛𝘪𝘦𝘳-1 𝘴𝘦𝘳𝘷𝘪𝘤𝘦 𝘱𝘳𝘰𝘷𝘪𝘥𝘦𝘳𝘴. 𝘛𝘩𝘦 𝘧𝘦𝘦𝘥𝘣𝘢𝘤𝘬 𝘧𝘳𝘰𝘮 𝘉𝘏𝘗'𝘴 𝘱𝘳𝘰𝘫𝘦𝘤𝘵 𝘵𝘦𝘢𝘮 𝘢𝘯𝘥 𝘰𝘵𝘩𝘦𝘳𝘴 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘷𝘦𝘳𝘺 𝘦𝘯𝘤𝘰𝘶𝘳𝘢𝘨𝘪𝘯𝘨, 𝘸𝘪𝘵𝘩 𝘤𝘰𝘯𝘴𝘪𝘴𝘵𝘦𝘯𝘵 𝘳𝘦𝘮𝘢𝘳𝘬𝘴 𝘵𝘩𝘢𝘵 𝘔𝘢𝘤𝘳𝘰 𝘢𝘯𝘥 𝘕𝘺𝘢𝘱𝘪𝘳𝘪 𝘔𝘢𝘤𝘳𝘰 𝘩𝘢𝘷𝘦 𝘣𝘦𝘦𝘯 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘪𝘷𝘦 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴 𝘢𝘯𝘥 𝘩𝘢𝘷𝘦 𝘴𝘱𝘰𝘬𝘦𝘯 𝘱𝘰𝘴𝘪𝘵𝘪𝘷𝘦𝘭𝘺 𝘰𝘧 𝘰𝘶𝘳 𝘤𝘰𝘮𝘮𝘪𝘵𝘮𝘦𝘯𝘵 𝘵𝘰 𝘴𝘢𝘧𝘦𝘵𝘺 𝘢𝘯𝘥 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘺. 𝘞𝘪𝘵𝘩 𝘐𝘚𝘖 9001, 14001 𝘢𝘯𝘥 45001 𝘤𝘦𝘳𝘵𝘪𝘧𝘪𝘤𝘢𝘵𝘪𝘰𝘯 𝘦𝘮𝘣𝘦𝘥𝘥𝘦𝘥 𝘢𝘤𝘳𝘰𝘴𝘴 𝘵𝘩𝘦 𝘨𝘳𝘰𝘶𝘱, 𝘰𝘶𝘳 𝘢𝘵𝘵𝘦𝘯𝘵𝘪𝘰𝘯 𝘯𝘰𝘸 𝘵𝘶𝘳𝘯𝘴 𝘵𝘰 𝘴𝘢𝘧𝘦, 𝘳𝘦𝘭𝘪𝘢𝘣𝘭𝘦 𝘦𝘹𝘦𝘤𝘶𝘵𝘪𝘰𝘯, 𝘢𝘯𝘥 𝘵𝘰 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘵𝘩𝘦 𝘧𝘰𝘶𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘧𝘰𝘳 𝘧𝘶𝘵𝘶𝘳𝘦 𝘸𝘰𝘳𝘬 𝘢𝘤𝘳𝘰𝘴𝘴 𝘵𝘩𝘦 𝘗𝘪𝘭𝘣𝘢𝘳𝘢." The full announcement is attached to this post. #NyapiriMacro #MacroMining #MiningServices #ASX #IndigenousPartnerships #Pilbara

📣 ASX Announcement | Macro Metals Limited (ASX: M4M) Macro Metals executes binding Mining Services and Profit Share Agreement with Renegade Metals for the Gibraltar East Gold Project We are pleased to announce that Macro Metals has executed a binding agreement with Renegade Metals Pty Ltd over two contiguous tenements in the Coolgardie Mineral Field, Western Australia know as the Gibraltar East Gold Project. The structure is consistent with the commercial model we continue to build for Macro: Macro Mining Services delivers all technical, permitting and mining services on an exclusive basis, while Macro Metals secures direct participation in the value upside of a successful mining operation. Key terms at a glance: ▸ Macro to acquire a 50% mineral interest by expending A$350,000 on exploration and development within 12 months ▸ MMSV appointed exclusive provider of all mining services on a cost-plus 15% margin basis ▸ Working capital facility provided by Macro, recoverable from project revenue ▸ Profits shared 50:50 between Macro and Renegade after costs and WCF repayment ▸ Macro holds an option to acquire 100% of the tenements The Project is located approximately 2km east of the Gibraltar deposit, which forms part of Minerals 260 Limited's 4.5Moz Bullabulling Gold Project — a well-endowed and established gold district. As Managing Director, Simon Rushton notes: "The Agreement with Renegade is a further example of the commercial framework we are building for Macro, utilising Macro Mining Services' site-based delivery capability to generate mining services revenue, while securing Macro Metals' direct participation in value upside from a successful mining operation." The full ASX announcement, including historical drilling results and JORC tables, is attached. Refer to the full ASX announcement for all important qualifications. #MacroMetals #ASX #M4M #Gold #MiningServices #WesternAustralia #Coolgardie #GibraltarEast #Gibraltar #ASXAnnouncement

Nexus Minerals signs MOU with Macro Gold Mining Services to advance the Crusader-Templar Gold Deposit. Macro Metals Limited (ASX: M4M) notes today's ASX announcement by Nexus Minerals Limited (ASX: NXM) confirming the execution of a Memorandum of Understanding with Macro Gold Mining Services, the gold-focused mining services business jointly owned by Macro Mining Services and Goldfields Technical Services. The MOU relates to the proposed development and operation of an open-pit gold mining operation at Nexus' Crusader-Templar gold deposit, part of its 100% owned Wallbrook Gold Project in the Eastern Goldfields of Western Australia. Key points for Macro shareholders: ❯ MGMS engaged as the preferred mining services provider for the Crusader-Templar deposits ❯ Establishes a pathway towards a definitive mining services agreement ❯ Reflects Macro Mining Services track record in safe, fit-for-purpose mining delivery ❯ Consistent with Macro's strategy of building quality operating partnerships across WA The Nexus Minerals ASX announcement remains the authoritative source of information. Read more 👉 https://lnkd.in/gQzWqgFQ #MacroMetals #ASX #M4M #MiningServices #WesternAustralia #Gold

Today we have released our Q3/FY26 Quarterly Activities Report and Appendix 5B for the period ending 31 March 2026. Highlights for the quarter included: › Mining services revenue invoiced increased more than fivefold on the December Quarter › Nyapiri Macro Mining executed a multi-year Framework Agreement with BHP at Mt Goldsworthy › A$5.3M development budget approved for the Extension Iron Ore Project (subsequently uplifted post-quarter to A$6.1M) › ISO 9001, 14001 and 45001 certifications achieved across the Macro Group › South Woodie Woodie Manganese bulk sample works awarded to Macro Mining Services › New exploration tenure applications lodged at Mogul VMS, Yule River and adjacent to the Extension Iron Ore Project Following the end of the quarter, our wholly-owned subsidiary Macro Mining Services was also appointed exclusive provider of mining services across Metal Logic's East Pilbara tenure, and we executed a 50:50 profit share agreement with Austral Pacific at Paris Gold. Our Managing Director, Simon Rushton, said: "I would like to sincerely thank our shareholders for their continued support and patience as we execute our diversified mining and mining services strategy in a disciplined and deliberate manner. The team and I remain steadfast in our focus to convert our rapidly expanding pipeline of opportunities into repeat, longer duration, higher value contracted mining services work with the aim of delivering sustainable value for our people and shareholders." Read the full announcement attached to this post. #MacroMetals #ASX #M4M #MiningServices #IronOre #Pilbara