For thousands of other reports visit RSC's Mineral Intellingence Map
Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombara | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/7/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-8-2017: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara deposit at the Lake Roe project. Drilling results incl. 5.25m @ 12.71g/t Au from 315.75m. Breaker Resources NL (ASX: BRB) is pleased to announce more outstandin | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB) is pleased to announce more outstanding high-grade drilling results from ongoing infill reverse circulation (RC) and diamond drilling at its Bombora gold discovery. The Bombora discovery forms part of an 8km-long greenfields gold system identified at the 100%-owned Lake Roe Project, 100km east of Kalgoorlie, WA. The latest results continue to extend the known mineralisation at Bombora while also providing more evidence of its continuity and mining potential. These results will feed into a maiden Resource estimate planned for release in the late 2017. The new results relate to 58 RC holes (9,485m) and three diamond drill holes (946m) focused mainly in the southern and central parts of the 2.2km Bombora discovery zone (Figures 1 and 2). The diamond and RC components of the drilling both returned highly significant results. Diamond drill hole BBDD0020 intersected multiple high-grade gold lodes up to 300m below surface, and up to 100m below the previous deepest intersection (5.3m @ 7.07g/t Au in BBDD0010) in the central part of the 2.2km long Bombora discovery (Figure 2). Infill RC drilling in the southern part of the Bombora discovery returned the strongest results yet from an area where the drill hole spacing is still 40m and therefore semi-reconnaissance in nature. Infill RC drilling in the central part of the Bombora discovery has outlined good continuity of mineralisation and extended its depth extent, further upgrading the potential for open pit mining. Breaker’s Executive Chairman, Mr Tom Sanders, said the results have very positive implications. “The grade and indicative continuity of the deep diamond drill results extend the resource and mining potential at Bombora to well below the likely limits of open pit mining. Assuming ongoing exploration success, this has the potential to add multiples to any gold inventory constrained by the economic limits of open pit mining, “ Mr Sanders said. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report