MACPHERSONS RESOURCES LIMITED - MacPhersons lifts silver resource by 46%

MacPhersons lifts silver resource by 46%

Tue, 15 Jan 2013 1:45pm

MacPhersons Resources Ltd (MRP) is a Western Australian resource company with a number of advanced gold, silver and zinc exploration projects. The Company's focus is to explore and extend the highly prospective Boorara and MacPhersons geological domains of which the Company holds 100% interest in 20km and 11km of strikelength, respectively, including the Nimbus silver-gold-zinc mine and the namesake MacPhersons open cut gold mine. MacPhersons has announced a new JORC Mineral Resource for the Nimbus silver-zinc-gold project; an increase to 4.4Mt @129g/t Ag-Eq* for 18.3Moz, including 49,000t Zn and 33,000oz Au. This is a 46% increase to the Resource upgrade announced on 6 August 2012. MORE

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