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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombara | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/1/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-3-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 28m @ 3.56g/t Au from 124m. Breaker Resources NL (ASX: BRB; Breaker) is pleased to announce further shal | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB; Breaker) is pleased to announce further shallow, high-grade gold intersections from ongoing infill and extensional reverse circulation (RC) drilling at the Bombora gold discovery, part of the 100%-owned Lake Roe Project, located 100km east of Kalgoorlie. The infill RC drilling at the 2.2km Bombora discovery is part of an ongoing program to assess the geometry, grade characteristics and extent of the gold mineralisation ahead of more detailed 40m x 20m resource delineation drilling. The current drilling is progressively reducing the drill hole spacing to 100m x 20m. The shallow, high-grade results continue to boost the mining potential, indicating good continuity, and identifing several new gold intercepts that suggest several north-plunging lodes that may continue at depth. Breaker’s Executive Chairman, Mr Tom Sanders, said the results continue to improve confidence in the grade, scale and economic potential of the 2.2km-long Bombora discovery. “The infill drilling is identifying good continuity due to the close-spaced nature of the drilling, and is seeing more gold in general as we drill close to gold intersections that were previously “floating in space” due to the wide-spaced nature of the earlier drilling. “We are also seeing two gold-mineralised orientations and preliminary indications of a third that has genuine potential to increase the ounces per vertical metre, further boosting the mining potential. “Our understanding is progressing in response to the increase in drill density.” | |
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