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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombara | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/31/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-1-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 7m @ 61.78g/t Au from 59m. Breaker Resources NL (ASX: BRB) is pleased to announce outstanding shallow, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB) is pleased to announce outstanding shallow, high-grade gold intercepts from ongoing infill and extensional reverse circulation (RC) drilling at the Bombora gold discovery at the 100%-owned Lake Roe Project, located 100km east of Kalgoorlie. The drilling results include the most spectacular intercept received to data at Lake Roe of 7m at 61.78g/t Au, including 4m at 105.4g/t Au. The new results highlight a previously unknown flat to gently west-dipping, high-grade mineralised fault up to at least 100m wide in cross-section (Figure 2). The plunge of the lode is unclear at this stage due to the large (100m) distance between drill sections, an aspect that will be resolved with detailed infill drilling. Preliminary analysis indicates that flat to gently west-dipping faults are widespread throughout the 6km-long Lake Roe gold system and are broadly parallel to late intrusions of lamprophyre (a rare, ultra-potassic intrusive rock that has a common spatial association with large Archean gold deposits). Gold mineralisation appears to be enhanced where the prevailing, steeply dipping strike-parallel faults are intersected by the late gently west-dipping faults. The latest results come from the central part of the 2.2km-long Bombora discovery. Drill results for some of the holes are preliminary, with 1m splits pending. The RC drilling also identified thick, shallow and high-grade gold mineralisation in several other areas (Figures 1 to 3). The thick, shallow and high-grade nature of the results is consistent with the initial phase of 100m x 20m infill RC results reported on 24 January 2017 (24m @ 7.75g/t Au; 19m @ 7.56g/t Au). The results reinforce the mining potential of what is shaping up as a significant greenfields gold discovery. The increase in drill density is starting to resolve the geometry and structural controls of the high-grade gold zones and indicates good continuity of mineralisation. | |
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