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Breaker Resources NL

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Summary

Project:

Lake Roe

Deposit:Bombara
Location:Australia
Commodities:Gold
Date:6/26/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:26-6-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 4m @ 0.24g/t Au from 40m. Breaker Resources NL (ASX: BRB) is pleased to announce that an aircore drilli
Resources:x
CP/QP:[Overall Report]: Tom Sanders, Alastair Barker (Internal)
ABSTRACT:Breaker Resources NL (ASX: BRB) is pleased to announce that an aircore drilling program has extended the known strike length of the Lake Roe gold system in WA by 2km to 8km. The aircore drilling at Lake Roe, which is 100km east of Kalgoorlie and hosts the outstanding Bombora gold discovery, targeted four areas outside the known gold system (Figure 1). The wide-spaced geochemical drilling traced the gold-prospective quartz dolerite host rock into the Northern and Southern Hinge areas of the Bombora Dolerite, identifying significant visual alteration accompanied by coincident anomalous gold, silver, arsenic and tellurium. The drilling, which only tests the weathered (oxide) zone, also returned anomalous gold results near the Claypan Shear to the south of the Bombora discovery and in iron-rich sediment (banded iron formation or BIF) to the immediate west of the discovery. Breaker’s Executive Chairman, Tom Sanders, said the drilling results, particularly in the Northern and Southern Hinge areas, highlighted the enormous potential at Lake Roe. “These results display a similar pattern to that seen in the early aircore drilling overlying the highgrade gold mineralisation subsequently discovered at Bombora,” Mr Sanders said. “Intersecting primary bedrock gold with an aircore drill rig can be a lucky dip when you factor in the wide (80m) drill hole spacing, transported cover and a weathering profile that is largely ‘stripped’ (eroded away). The secondary gold dispersion that the aircore drilling normally targets in the weathered zone is not there as it’s been physically removed.

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