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MacPhersons Resources Progressing Nimbus With Operations Team In Place

MacPhersons Resources (ASX: MRP) now has the operations team in place for its Nimbus Silver-Zinc-Gold Project in Western Australia with the addition of an operations manager and senior mining engineer.

The company is preparing Nimbus for production in 2014.

"The addition of experienced, high calibre operational and planning engineers with a proven track record delivers a solid team as we move forward to production," managing director Morrie Goodz said.

Randall Ford, the new operations manager, has a First Class Mine Managers accreditation and 34 years industry experience including 27 years in the Western Australian Goldfields managing gold and nickel operations.

He also previously spent seven years developing his career in the silver-zinc-lead mines of Broken Hill, New South Wales.

Ford has held senior management and planning roles at the South Kalgoorlie, Black Swan, Thunderbox, Mt Pleasant, Carosue Dam, Wannaway, Ora Banda, New Celebration, Paddington, Tower Hill and Broken Hill mines and most recently at Alacer Gold's South Kalgoorlie Operations.

Senior mining engineer Ian Paynter has 36 years of industry experience including 26 years carrying out various management, planning and design roles for gold operations in the Goldfields.

Another 10 years was spent at the copper-zinc-lead-silver-gold mines at Woodlawn, New South Wales.

He has been in charge of senior design and planning roles at the Paddington, St Ives, Wiluna, Mt Magnet, Binduli, Mt Monger, Woodlawn mines and was most recently with Norton Goldfields' Paddington/Binduli operations.

Goodz said that not only did the new Nimbus team have experience with gold, nickel and base metals production and mine design, they also had a background of silver-zinc-massive sulphide mining and understood the company's strategic direction.

Nimbus

When mining begins at Nimbus next year, the two existing pits - East Pit and the Discovery Pit - will be transformed into a single Silver Superpit.

Under the current pit design shell, the 900 metre long by 500 metre wide superpit will will recover the deep silver and zinc mineralisation in addition to exposing the western domain and the new gold zone discovered in 2012.

The first pit is proposed to deliver 8.6 million ounces silver-equivalent (6.6 million ounces silver plus 2 million ounces silver equivalent from gold-zinc credits.

It will mine 1.5 million tonnes at 179g/t silver equivalent (137g/t silver plus gold-zinc credits).

Measured and Indicated Resources continue along strike and beneath the pits and are anticipated to support further extensions to the silver superpit in future mine planning scenarios.

The pit cutback in year one will have four shallow pits to focus on the oxide ore and the new gold zone and Lens 4, and then in year two will commence the merging of the pits as the primary ore is developed.

The Nimbus silver mine operated from 2003 to 2007, producing 3.6 million ounces of silver at an average grade of 352g/t silver.

The mine had various additional silver and polymetallic deposits in the advanced stages of exploration.

MacPhersons is well advanced along the road to production with a mining schedule outlined and documents being released to mining contractors for tender submissions.

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