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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombora | |
| Location: | Australia | |
| Commodities: | Gold-Lithium | |
| Date: | 11/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 13-11-2018: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombora deposit at the Lake Roe project. Drilling results incl. 17m @ 1.80% Li2O from 36m. Breaker Resources (ASX: BRB) is pleased to announce that it has made a high | |
| Resources: | (Resource, I+I): 24.599Mt @ 1.4g/t Au for 1.084Moz Au contained at Bombora | |
| CP/QP: | [Overall Report]: Micheal Outhwaite, Tom Sanders (Independent;Internal) | |
| ABSTRACT: | Breaker Resources (ASX: BRB) is pleased to announce that it has made a high-grade lithium discovery at its Lake Roe Gold Project, 100km east of Kalgoorlie in WA, following a 1,503m program of reconnaissance reverse circulation (RC) drilling. The Manna Lithium Prospect is located 15km south-southwest of Breaker’s 1.1Moz# Bombora Gold Deposit, within tenement E28/2522 (Figure 1). Outcropping lithium-bearing pegmatite was discovered in the area by prospector Steve Argus while undertaking reconnaissance goldfocused exploration for Breaker early in 2018. First-pass rock-chip sampling identified widespread enrichment in lithium (up to 3.81% Li2O), tantalum (up to 366ppm Ta2O5) and niobium (up to 251ppm Nb2O5), and strong evidence of chemical zoning (ASX Release 30 April 2018). Subsequent geological mapping confirmed the presence of a spodumene-rich, lithium-cesium-tantalum (LCT) pegmatite system over a 750m x 130m area, with individual pegmatite dykes up to 18m-wide (ASX Release 31 July 2018). More recent mapping and sampling (summarised in this release) have since expanded the known footprint of the lithium-bearing pegmatite to a 3.4km x 1.0km area. This area is constrained by outcrop limits and the extent of sampling, with indications that it is more extensive. The drill holes reported in this release are the first drill holes of any kind to test the 3.4 x 1.0km lithiumbearing pegmatite zone at the Manna discovery (Figures 2 and 3). | |
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