MacPhersons Resources Ltd.

MacPhersons Resources Ltd is a Western Australian resource company with a number of advanced gold, silver and zinc exploration projects within close proximity to Kalgoorlie and Coolgardie.

The Company's focus is to develop its Nimbus–Boorara silver-gold-zinc-lead-copper projects comprised of 120 sq km of continuous tenements covering 20 km strike of the Kanowna–Boorara historic silver and gold mining producing domain. The Company also holds 100% interest in 11 km of strikelength of the MacPhersons Reward gold domain, including the namesake MacPhersons Open Cut mine and the northern Kambalda–Nepean Nickel domain.

Less than 11 months after the Nimbus mine and mill acquisition a measured, indicated and inferred mineral resource of 12.5Moz Ag-Eq 10.1Moz silver and 34,300t zinc, Au-Hg-Cu-Pb credits was been announced by MRP on Aug 6th. For full resource table, and detailed review, click on announcement here.

There is plenty of up side potential, with depth extensions, gold, copper and lead credits still to be added to the mineral resource. There also remains up to another 9 VHMS silver-zinc mineralisation zones on the 120 sqkm of MRP tenements yet to be tested.