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Breaker Resources NL

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Summary

Project:

Lake Roe

Deposit:Bombara
Location:Australia
Commodities:Gold
Date:5/30/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:30-5-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 9m @ 53.29g/t Au from 31m. Breaker Resources NL (ASX: BRB) is pleased to announce more excellent high-g
Resources:x
CP/QP:[Overall Report]: Tom Sanders, Alastair Barker (Internal)
ABSTRACT:Breaker Resources NL (ASX: BRB) is pleased to announce more excellent high-grade drilling results from ongoing infill reverse circulation (RC) and diamond drilling at the 2.2km-long Bombora gold discovery. The Bombora discovery forms part of a 6km-long greenfields gold system identified at the Lake Roe Project located 100km east of Kalgoorlie, WA. The drilling is targeting a maiden JORC Resource in late 2017. New drill holes are located on Figure 1 and relate to 5,628m of drilling, a third round of infill drilling that is progressively reducing the drill hole spacing to 40m x 20m (from 100m x 20m or wider). Associated diamond drilling is focused on structural orientation, validation and obtaining samples for preliminary metallurgical testwork. Breaker’s Executive Chairman, Mr Tom Sanders, said the results are very encouraging. “The results continue to upgrade the open pit and underground mining potential,” Mr Sanders said. “The tighter drill pattern is continuing to resolve the geometry of the gold mineralisation, a considerable undertaking given the scale of the project. “The infill drilling is also starting to identify the mineralisation controls – physical features that control the geometry of the gold mineralisation. This will be important for deeper drilling of underground targets. The deeper intersections in BBDD0010 for example, a step-out hole, are particularly important as they highlight new laminated sulphide-rich lodes that are “floating in space” at depth with no surrounding drilling.

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