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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombara, Bombara North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/18/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-11-2016: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara, Bombara North deposit at the Lake Roe project. Drilling Results incl. 24m @ 3.32g/t Au from 20m. Breaker Resources NL (ASX: BRB, Breaker) is pleased to advis | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB, Breaker) is pleased to advise that recent reverse circulation (RC) drilling at its 100%-owned Lake Roe Gold Project, 100km east of Kalgoorlie, has identified multiple plunging high-grade gold shoots of lode and stockwork gold mineralisation, confirming the continuity and robustness of the mineralisation based on a closer spaced drilling pattern. The latest results, from 100m-spaced RC drilling targeting the 1.2km zone between the original Bombora and Bombora North discoveries (Figures 1 and 2), provide a much clearer picture of the structural controls of the gold lodes. This will provide a long-term focus for targeted resource drilling, with the plunging shoots also representing attractive targets for potential open pit and underground mining. Importantly, the ore shoots which have been defined in drilling so far are comparable in scale to many wellknown dolerite-hosted gold deposits in WA (see Figure 1). The 2.2km-long mineralised zone is open in all dimensions and has considerable depth potential based on similarities with other dolerite-hosted gold deposits in Western Australia. The scale and wide, shallow nature of much the mineralisation creates a number of attractive targets for open pit mining. The persistent presence of high-grade gold in each phase of the RC drilling combined with the high-grade, plunging shoot nature of the lode mineralisation creates excellent potential for open pit and underground mining. The current and planned drilling will provide strong news flow over the coming weeks and months and help to build a clear picture of the size of the Lake Roe discovery. Breaker Executive Chairman Tom Sanders said the latest results represented an important turning point in the assessment of the Lake Roe discovery, providing the first more detailed picture of the mineralisation at a closer drill spacing. “It is easy to forget that all of the drilling so far has been wide-spaced reconnaissance drilling over a large mineralised system that stretches for at least 2.2km and possibly further, subject to results from the northern zone,” he said. | |
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