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MacPhersons Resources Ltd.
Summary
| Project: | Nimbus-Boorara | |
|---|---|---|
| Deposit: | Boorara | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 19-7-2017: MacPhersons Resources Ltd. announces an Exploration/Drilling Update report for its Boorara deposit at the Nimbus-Boorara project. Drilling results incl. 31m @ 3.56g/t Au from 184m. MacPhersons Resources Limited (“the Company”) (ASX : MRP) is pl | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Pumphrey (Internal) | |
| ABSTRACT: | MacPhersons Resources Limited (“the Company”) (ASX : MRP) is pleased to advise a further five Diamond Holes (DH) and six Reverse Circulation (RC) holes have been completed in June as part of the ongoing drilling program at the Boorara Gold Project 10 kilometres east of Kalgoorlie, Western Australia. The Boorara Project contains over 1.5 kilometres of mineralisation striking north-west at 330 degrees. The project is divided into Southern Stockwork (SSW), Crown Jewel (CJ) and Northern Stockwork (NSW) deposits. Diamond drilling has continued at Boorara and is ongoing with three diamond holes (BODH041-043) completed along with three reverse circulation (RC) drill holes with diamond tails (BORCD 183-185) in June. The focus of drilling has been strike and depth extensions at Southern Stockwork and further framework drilling at Crown Jewel to better understand the structural and lithological controls at the deposit. Figure 1 highlights the potential 1,500 metre strike length of the Boorara system whilst Figure 2 illustrates Boorara’s dimensions relative to Mt Charlotte. The ongoing drilling strategy is to test the geology model and scope out the extent of mineralisation associated with diamond hole BODH 025. This will be achieved by systematic drilling on wide 40 metre spaced holes that will test the strike and depth extensions of all three deposits. The drill strategy involves using two preferred drill azimuths: the first is the 115° azimuth that will accurately determine the gold grade and the second is the 060° azimuth which is used for framework drill holes that are drilled perpendicular to the Boorara Dolerite that strikes at 330°. Gold mineralisation is hosted in a series of stacked quartz vein arrays that dip at 40-45° to the North West. The true thickness of the arrays is up to 50 metres vertical and they are hosted within the quartz dolerite which dips at 73° to the north east. The mineralised dolerite has a true width of up to 40 metres based on a review of all the historic drilling and MRP drilling. Within the mineralised Boorara dolerite high grade localised ore shoots consist of vein arrays up to 20 metres in width. The increased width of the mineralised dolerite indicates that this is potentially a larger mineralised system. | |
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