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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombara, Bombara North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/20/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-10-2016: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombara, Bombara North deposit at the Lake Roe project. Drilling Results incl. 28m @ 1.36g/t Au from 60m. 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 more wide, shallow, highgrade gold mineralisation has been intersected by reconnaissance reverse circulation (RC) drilling at the Lake Roe Project, 100km east of Kalgoorlie. The drilling effectively links the Bombora and Bombora North discoveries, establishing a continuous 2.2km-long zone of gold mineralisation that is open along strike (Figure 1). The drill results stem from two 200m-spaced drill lines which close the previously untested 600m gap between the Bombora and Bombora North gold discoveries (13 drill holes, BBRC0074-0086). Many of the results are from preliminary 4m composite samples. Significant gold was intersected on each of the two drill lines tested. A full listing of assay results above a nominal 0.2g/t Au cut-off is provided in Appendix 1. Full details of the RC drilling are provided in Appendix 1 and Annexure 1. Drill holes are shown on Figure 1. Gold mineralisation at Bombora and Bombora North is similar and is hosted primarily by the upper (western) iron-rich part of the dolerite, a significant component of which is granophyric in nature. Lode mineralisation in the fractionated dolerite is dominated by sulphide-impregnated fault zones (lodes) with up to 5% pyrite and pyrrhotite accompanied by silica, biotite, chlorite and carbonate alteration and minor quartz-pyrite veinlets. Quartz stockwork mineralisation is hosted mainly by the granophyric part of the dolerite and appears to be spatially associated with the fault zones hosting the sulphide lodes. Breaker Executive Chairman Tom Sanders said the results confirm a continuous 2.2km zone of gold mineralisation that is open in all directions. “These results confirm that Lake Roe is a significant greenfields gold discovery,” Mr Sanders said. “The quality of the results given the reconnaissance nature of the drilling is unusual. The widths combined with a strike length of 2.2km highlights the scope for a large-tonnage open pit resource and there is good potential to increase this strike length further. | |
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