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Breaker Resources NL

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Summary

Project:

Lake Roe

Deposit:Bombara
Location:Australia
Commodities:Gold
Date:4/26/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:26-4-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 45m @ 1.79g/t Au from 8m. Breaker Resources NL (ASX: BRB) is pleased to announce more shallow, wide, hi
Resources:x
CP/QP:[Overall Report]: Tom Sanders, Alastair Barker (Internal)
ABSTRACT:Breaker Resources NL (ASX: BRB) is pleased to announce more shallow, wide, high-grade drilling results from ongoing infill reverse circulation (RC) and diamond drilling at the 2.2km-long Bombora gold discovery within the 100%-owned Lake Roe Gold Project, 100km east of Kalgoorlie in WA. The 40m x 20m spaced infill RC results continue to upgrade the open pit and underground mining potential of the Bombora discovery. The drilling is part of an ongoing program targeting an initial JORC Resource in late 2017. A key objective of the recent drilling is to provide adequate drill resolution to identify the structural controls of gold mineralisation within and along strike to the main 2.2km Bombora discovery zone. The diamond drilling component of the drilling is focused mainly on structural orientation, validation and obtaining samples for preliminary metallurgical testwork. Breaker’s Executive Chairman, Mr Tom Sanders, said the results are very encouraging. “We have now drilled ~70,000m and the quality and size dimension of the results continue to be consistent with the early stages of a large, new greenfields gold camp in a premier mining jurisdiction,” Mr Sanders said. “The higher drill density is starting to clarify the mineralisation controls. The results we are seeing upgrade the largely untested depth potential in the 2.2km-long Bombora gold discovery, as well as the gold potential over large areas along strike, where many significant gold drill intercepts are “floating in space” due to the wide-spaced nature of earlier drilling. “We are starting to see stacked, plunging, sub-horizontal, high-grade quartz vein arrays sitting above controlling faults for example, and this bodes well for the long term underground mining potential.”

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