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Breaker Resources NL

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Summary

Project:

Lake Roe

Deposit:Bombara
Location:Australia
Commodities:Gold
Date:10/17/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-10-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 27m @ 12.37g/t Au from 120m. Breaker Resources NL (ASX: BRB) is pleased to announce more high-grade dr
Resources:x
CP/QP:[Overall Report]: Tom Sanders, Alastair Barker (Internal)
ABSTRACT:Breaker Resources NL (ASX: BRB) is pleased to announce more high-grade drilling results from ongoing infill reverse circulation (RC) and diamond drilling at its Bombora gold discovery in the 100%-owned Lake Roe Project, 100km east of Kalgoorlie, WA. The new results relate to 48 RC drill holes (6,764m) and five diamond drill holes (1,064m) from the northern and central parts of the 2.2km Bombora discovery zone (Figures 1). The reported drilling represents the seventh round of (40m x 20m) RC and diamond resource drilling which is progressively reducing the drill hole spacing to facilitate a maiden Resource estimate scheduled for release in late 2017. The new results identified more coherent, wide, shallow, high-grade gold mineralisation over a significant area. It is expected that these results will have a positive impact on any potential open pit mining. Deeper reconnaissance diamond drilling (BBDD0027) intersected more high-grade mineralisation, thereby upgrading the potential at depth. The new results relate to 48 RC drill holes (6,764m) and five diamond drill holes (1,064m) in the northern and central parts of the 2.2km Bombora discovery zone (BBRC0474-0489; 0514-0531; 0638-0651 and diamond holes BBDD0027-0029 and 0031-0032; Figures 1 and 2). The reported drilling represents the seventh round of (40m x 20m) RC and diamond resource drilling which is progressively reducing the drill hole spacing to facilitate a maiden Resource estimate in late 2017. The main purpose of the diamond drilling is structural orientation and validation, with some diamond drill holes selectively extended to provide a preliminary indication of the depth potential below the likely limit of open pit mining.

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