MacPhersons Resources Appoints Jeff Williams as Managing Director
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MacPhersons Resources Ltd has appointed former managing director of Mineral Deposits Limited Jeff Williams as managing director to replace outgoing CEO, Brendan James.
This is to advance the first stage of the Boorara gold project in Western Australia through a Bankable Feasibility Study into production.
He has been a non-executive director of MacPhersons Resources for the past 6 years and also serves as an executive director for World Titanium Resources Limited.
The BFS for development of first stage of Boorara, which is located 10 kilometer east of Kalgoorlie’s Superpit gold mine and 1 kilometer southwest of the Nimbus silver-zinc-gold mine is focused on a near surface open-cut mining operation.
This would generate 3.0 million tonnes of rre at 1.01 g/t gold projected to produce about 90,000 ounces of gold over 3 years from a standalone heap-leach production.
Cash at bank was $4.3 million at March quarter end.
Source: (May 3, 2016) Proactive Investors
About MacPhersons Resources
MacPhersons Resources Ltd is a Western Australian resource company with a number of advanced gold, silver and zinc exploration projects within close proximity to Kalgoorlie and Coolgardie.
To stop by MacPhersons’ website, CLICK HERE
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