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MacPhersons Resources Ltd.

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Summary

Project:

Nimbus-Boorara

Deposit:Boorara
Location:Australia
Commodities:Gold
Date:7/2/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:2-7-2018: MacPhersons Resources Ltd. announces an Exploration/Drilling Update report for its Boorara deposit at the Nimbus-Boorara project. Drilling results incl. 25m @ 2.49g/t Au from 97.0m. The results from the Company’s recent drilling at Boorara give
Resources:(Resource, Total): 16.45Mt @ 0.96g/t Au for 507Koz contained at project
CP/QP:[Overall Report]: Andrew Pumphrey (Internal)
ABSTRACT:The results from the Company’s recent drilling at Boorara give confidence to advance the Boorara Gold Project. The company has a number of advanced potential development options for the project with the advantages being: close location to Kalgoorlie, granted Mining Leases, most statutory permitting completed, connected mains power, established borefield and proximity to close nearby existing milling operations. MacPhersons Resources Limited (“the Company”) (ASX: MRP) is pleased to announce more excellent RC results to follow up on our recent announcement of 24 May 2018. This drilling is part of the current 20,000 metre RC program at the 100% owned Boorara Gold Project 10 kilometres east of Kalgoorlie, Western Australia. One RC drill rig commenced drilling north of the Southern Stockwork deposit on Friday the 13th of April 2018; we are reporting the results of another 39 holes (5,177 metres of RC drilling) to 2 July 2018

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