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MacPhersons Resources Ltd.

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Summary

Project:

Nimbus-Boorara

Deposit:Boorara
Location:Australia
Commodities:Gold
Date:7/26/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:26-7-2018: MacPhersons Resources Ltd. announces an Exploration/Drilling Update report for its Boorara deposit at the Nimbus-Boorara project. Drilling results incl. 13m @ 6.08g/t Au from 158m. MacPhersons Resources (“the Company”) (ASX: MRP) is pleased to
Resources:(Resource, Total): 16.45Mt @ 0.96g/t Au for 507Koz contained at project
CP/QP:[Overall Report]: Andrew Pumphrey (Internal)
ABSTRACT:MacPhersons Resources (“the Company”) (ASX: MRP) is pleased to report a further set of 25 Reverse Circulation (RC) drill results from the Boorara Gold Project, 10 kilometres due east of Kalgoorlie, Western Australia. Reverse Circulation (RC) drilling at Northern Stockwork continues to intersect significant gold results along strike Managing Director, Jeffrey Williams commented: “These results support the evidence of higher grade gold mineralisation outcropping on surface at the Eastern Contact of the Northern Stockworks deposit”. “Furthermore, we continue to intersect higher grade veins displaying some visible gold in the Northern Stockwork and alteration that is an indication of a larger plumbing system extending north”. 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 25 holes (4,028 metres of RC drilling) to 26 July 2018.

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