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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombara | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-3-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 54m @ 2.38g/t Au from 5m. Breaker Resources NL (ASX: BRB) is pleased to announce pivotal infill drillin | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB) is pleased to announce pivotal infill drilling results which confirm the continuity of the wide, high-grade mineralisation at the 2.2km-long Bombora discovery within its 100%-owned Lake Roe Gold Project near Kalgoorlie in WA. The results are considered to be a major milestone in demonstrating the continuity, mineability and therefore the economic potential of the Bombora discovery. The current round of drill results includes the first 40m x 20m spaced reverse circulation (RC) drilling in the main 2.2km Bombora discovery zone as well as wider spaced infill drilling (typically 100m x 20m) that is progressively scoping the main discovery zone ahead of more detailed infill drilling. The current RC and diamond drilling is part of an ongoing program to assess the geometry, grade characteristics and extent of gold mineralisation both within and along strike from the 2.2km Bombora discovery prior to resource estimation. Breaker’s Executive Chairman, Mr Tom Sanders, said the results marked a key point in establishing the economic potential of the Bombora discovery. “The close-spaced infill drilling is demonstrating good continuity which translates to good potential mineability. We are also continuing to see more gold in general as we drill close to gold intersections that were previously “floating in space” in many areas due to the wide-spaced nature of the drilling. “The stacked nature of the gold lodes and the presence of at least three gold-mineralised orientations is likely to be very positive for the overall gold endowment. “Bombora is clearly shaping up as a major greenfields gold discovery and we are continuing to unlock its potential as rapidly as possible with three rigs currently undertaking resource drilling on the main 2.2km-long discovery zone in conjunction with selective drilling both along strike and at depth.” | |
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