Ann: Silver Potential to be Drilled at Kalgoorlie, page-14

re: Ann: Silver Potential to be Drilled at Ka... MRP our neighbour just keep finding more silver and zinc. Our day will come, just hope I am still alive. Plenty of patience recquired here I feel.
Longest High Grade Silver Intersection at Nimbus
Highlights:
• Most Significant Intersection of Silver-Zinc to date
• High Grade Intercepts up to 2570g/t silver and 31.5% zinc
• 80m down dip extension
• Lens No. 3 super high grade zone
Further to recent announcements of Extensions to Lens Nos. 1, 2, 3, and 4, the
Directors of MacPhersons Resources Limited (ASX:MRP) are pleased to announce
continuing successful drilling results at its 100% owned Nimbus Silver-Zinc-Gold Project
located 10km east of Kalgoorlie’s Super Pit gold mine. Progressive drilling results have
shown both silver oxide and silver sulphide mineralisation continues between the Nimbus
Discovery and East Pits.
Preliminary results show the latest result is the longest high grade intersection drilled to date
at Nimbus:
• 28m @ 900g/t Ag in NBRC216 from 200m depth;
o Includes 17.0m @ 1434g/t Silver, plus 26.3% Zinc, plus 4.7% Lead from
205m; and
o Includes 8 metre-intervals exceeding 1500 g/t silver*
o Note* - Preliminary assays up to 2570g/t silver.
Super high grade mineralisation is defined as zones exceeding 15,000gram-metres of
silver grade, and occurs in Lens No. 1 at Nimbus (zones of 12,000 – 14,000gram-metres
occur in Lens No. 2).
The NBRC216 intersection of 28m @ 900g/t silver (25,208 gram-metres Ag) is the first
super high grade intersection outside of Lens No. 1 and shows that Lens No.3 has
significant upside to further high grade lens extensions.
The NBRC216 result shows an 80m down dip extension to the New Lens No. 3.
The relevance of the new super high grade silver-zinc mineralisation in a second lens
supports modeling that multiple lens targets exist at Nimbus. This is first lens of this
intensity of metal grade distribution, since the Discovery Lens No.1 was identified in 1990’s.
Ongoing drilling and geological modeling is establishing further zones that may host
additional massive and breccia sulphide mineralisation.
The Directors are encouraged by the progressive results that continue to show the silver
mineralisation extends between and beneath both pits.
MacPhersons Resources Managing Director, Morrie Goodz, said:
“The new high grade extension to Lens No. 3, is a step change in mineralisation
intensity. MRP see the continuing intersections between the
Discovery and East Pits as supporting the model of a single merged
super pit.”