Upon its ASX listing in Q4 2010, MRP will commence an aggressive exploration programme early in 2011. The Company's focus will be to test the highly prospective MacPhersons geological domain of which the Company holds 100% interest in 7 Km of strikelength, which includes the namesake MacPhersons Open Cut mine.
Scheduled works include airborne geophysical surveys and resumption of drilling starting in January 2011. Initial drilling will be centred on the testing of the depth extensions to the Bakers Find Open Cut and along strike to the Franks Find high grade historical drillhole intercepts located within 40m of the surface and 300m east of the Bakers Find pit. A second programme of drilling will commence between the Powell and A-Cap Open Cuts extending and possibly joining both the outcropping mineralisation in the A-Cap pit and the deep visible gold intersections in the 2010 due diligence diamond drilling.