MRP 0.00% 6.1¢ macphersons resources limited

Ann: Boorara Drill Results 158 metres at 1.6 g/t Gold, page-6

  1. 1,522 Posts.
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    I personally can not see much wrong with 158 M x 1.6 g/t while average producing mines have these days gold grades around 1g/t:
    http://www.kereport.com/2012/10/05/average-grade-producing-gold-mines/
    and importantly the deposit is still open at depth and potentially "growing" with next drills:
    Managing Director Jeff Williams today commented: “The latest drill results have extended mineralisation to a depth of 185m that is still open at depth and a potential strike length of 500m from the north end of the Boorara trial pit to the most southern gold intersection in BORC171."
 
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