MRP 0.00% 6.1¢ macphersons resources limited

Ann: High Grade Boorara Diamond Drill Results, page-8

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  1. 1,225 Posts.
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    "Possible 1,500 metres of strike length over the known Boorara gold project containing three identified deposits will be drill tested using new 115° drill azimuth."

    The above statement is interesting. If we get drill results that can confirm that the width of the mineralisation on either side of the shear is 20m+ and we get 40-50m total width. Mt Charlotte was 50m but strike length was about 450m. Potentially we may have something larger than 6 moz.

    But with the latest results we see that mineralisation continuity, which is good. SP won't rally hard or get a re-rating on MRP until we get guidance on MRE.
    Last edited by ecker: 28/03/17
 
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