MacPhersons hits deep zinc at Nimbus

THE DRILL SERGEANT: MacPhersons Resources (ASX: MRP) has intersected new zinc stringer zone mineralisation while conducting deep diamond drilling at the company’s 100 per cent-owned Nimbus silver-gold-zinc project, located east of Kalgoorlie’s superpit gold mine.

 

Nimbus-Boorara silver-gold-zinc projects located 10km east of Kalgoorlie’s superpit gold mine. Source: Company announcement

 

The company said handheld XRF analyses have confirmed the zinc sulphides as being silver rich with initial test spot measurements up to 1500 grams per tonne silver.

Current drilling of drillhole NBDH010 represents a deeper cross-section of the geological units found at the nearby Nimbus silver mine and provides a potential new deeper prospective zone for exploration across the Eastern Goldfields district.

MacPhersons indicated this drillhole has intersected some highly sheared zones containing quartz veining, sulphides and fuchsitic spotting, which will be reviewed in due course.

The current drilling program is expected to be completed in December with results expected in 2014.

“The zinc sulphide stringer zones represent new deeper mineralisation with significant indications of silver enrichments,” MacPhersons Resources managing director Morrie Goodz said in the company’s announcement to the Australian Securities Exchange.

“The relative thickness of the stringer zone and intense hydrothermal alteration indicate this area has been the focus of large volumes of mineral rich fluid flow.

“This drilling is deeper and further southeast than any drilling in the Nimbus stratigraphic domain.”

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Website:
www.mrpresources.com.au