For thousands of other reports visit RSC's Mineral Intellingence Map
MacPhersons Resources Ltd.
Summary
| Project: | Nimbus-Boorara | |
|---|---|---|
| Deposit: | Boorara | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/26/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 26-1-2017: MacPhersons Resources Ltd. announces a Resource Estimation report for its Boorara deposit at the Nimbus-Boorara project. Boorara Gold resource increased . MacPhersons Resources Ltd (ASX:MRP) is pleased announce the MRE based on a 0.4 g/t cut-of | |
| Resources: | (Resource, Total): 5.95Mt @ 1.20g/t Au for 232000oz Au at Boorara (0.4g/t cut-off) | |
| CP/QP: | [Resources]: Mark Rigby (Internal) | |
| ABSTRACT: | MacPhersons Resources Ltd (ASX:MRP) is pleased announce the MRE based on a 0.4 g/t cut-off grade that has recently been completed at the Boorara Gold Project, 15km east of Kalgoorlie. The objective of this new MRE for Boorara is to establish a solid resource base from which to undertake further mining studies. The Boorara project is located on granted Mining Leases situated 1km south west of the Nimbus site where established offices are connected to the Kalgoorlie mains power supply and a production water supply has been established from the Stoneville borefield. Gold mineralisation is predominantly hosted in the Boorara quartz dolerite. A structural study and geological mapping at the Boorara trial pit and surrounding Boorara area has confirmed the gold mineralisation at Boorara is hosted by quartz-dolerite and basalt in moderately NW-dipping quartz-carbonate-sulphide veinlet arrays with iron-carbonate alteration halos controlled by bounding shear zones and late cross faults similar to the 6 million ounce Mount Charlotte gold deposit part of the nearby Kalgoorlie Golden Mile. Western contact mineralisation (sediments/dolerite/basalt) is a new exploration discovery that has potential to grow the existing Boorara resource. Further reverse circulation drilling and diamond drilling is being undertaken along the Western contact. A newly estimated total Mineral Resource at the Boorara Gold Project of 5.95 Million Tonnes @ 1.2 g/t for 232,000 ounces of gold is based on a 0.4 g/t gold cut-off grade (previously used 0.3 g/t) with a maximum top cut grade applied of 24 g/t. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report