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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombara | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-1-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 24m @ 7.75g/t Au from 9m. Breaker Resources NL (ASX: BRB, Breaker) is pleased to report further high-gr | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB, Breaker) is pleased to report further high-grade gold intercepts from ongoing reverse circulation (RC) drilling at and immediately north of its Bombora gold discovery at Lake Roe, located 100km east of Kalgoorlie, including some of the best intersections seen to date at the emerging project. The new drill results are from the 2.2km-long Bombora discovery and relate to ongoing RC drilling on a 100m x 20m pattern aimed at clarifying the geometry and extent of the gold mineralisation prior to more detailed infill drilling. New 1m sample assay results from the same area have materially upgraded several previously reported RC drill intercepts based on preliminary (4m) composite results (see ASX Release 19 December 2016; 100m x 40m drilling). In addition, new and recent reconnaissance RC drill results to the north of the Bombora discovery (Crescent Prospect) indicate considerable potential to extend the 2.2km Bombora discovery along strike (Figure 4). Similar potential is apparent to the south. The tenor, continuity, scale and stacked nature of the gold mineralisation reinforce the potential for open pit and underground mining. Where the 100m x 20m infill drilling has been completed, the increase in drill density indicates good continuity (Figures 2 and 3). Breaker’s Executive Chairman, Mr Tom Sanders, said the latest results provided the Company with further confidence in the grade and continuity of the 2.2km-long Bombora discovery, while also confirming the potential to extend the discovery both to the north and south along strike. “The drill results from Bombora highlight the potential for future open pit and underground mining at what is clearly shaping up as a very significant greenfields gold discovery,” he said. | |
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