Macarthur Minerals Limited announced that it has appointed a strategic Sub-Committee to assist the company's board of directors for the purpose of the development, assessment, and implementation of the company's plan for the development of the Lake Giles Iron Project and associated infrastructure (power, water treatment and construction). The Sub-Committee has been granted the authority by the Board to appoint a Technical/Advisory team for the purpose of assessing potential strategic partners. Key members to this team are: Mr. Rharard Moon- General Manager, International Sales and Marketing; Dr. Dean rter - General Manager, Projecects; Mr. Edward Sugar - EAS Advisors, New York; and Legal, investment banking and taxation consultants to be advised.