Looks like analyst Mr. Grigor went for a site visit to Boorara at Diggers and Dealers and this was what he has to say :-
"Macphersons Resources (MRP) is a company that has reported some very good intercepts in recent months as it continues to drill its Boorara gold project, 10 km east of Kalgoorlie. The most impressive hole was 163m at 1.94 gpt, back in February, but that attracted some scepticism at the time with some observers saying that it was drilled down dip, labelling it a “directors’ special”. While there may have been some elements of down dip drilling that made the length of the intercept longer than a preferred perpendicular hole, you must take into account the complicated geometry of the system. It wasn’t designed to be deceptive. There are three main sets of quartz veins in the dolerite host rock. If you don’t hit all of these in the one hole you get an under-representation of the grade. Inspection of the walls of the test pit, taken to a depth of 20m, clearly shows the orientation of the veins. When MRP gets around to recalculating the resource it will be much bigger than the 6 Mt at 1.2 gpt, for 232,000 oz. The grade is likely to be much better as well if you extrapolate the head grade from the trail pit, which was 1.73 gpt. The net result could be a 2-3x increase in the contained gold."
