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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombora | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/21/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 21-3-2019: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombora deposit at the Lake Roe project. Drilling results incl. 21m @ 3.11g/t Au from 24m. Breaker Resources NL (ASX: BRB) is pleased to report that drilling has exten | |
| Resources: | (Resource, I+I): 24.599Mt @ 1.4g/t Au for 1.084Moz Au contained at Bombora | |
| CP/QP: | [Overall Report]: Tom Sanders (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB) is pleased to report that drilling has extended the strike length of mineralisation at its Bombora gold discovery by 700m to 3.2km and continued to enhance the underground mining potential. Bombora, which sits within the Lake Roe Project, 100km east of Kalgoorlie in WA, remains open in all directions. The Company plans to update the existing 1.1Moz# Resource in the coming June quarter and will take into account the results from the 700m of strike length which has been added since the Resource was last calculated. The latest results relate to 14,802m of drilling (87 holes), of which 60% was extensional or exploratory in nature, primarily targeting extensions to the north and south and at depth. The results indicate that the outer limits of the potential open pit mine are likely to increase. Drilling continues with four rigs to systematically extend and upgrade the Bombora deposit, and to identify the outer limits of initial open pit mining to finalise the open pit Pre-Feasibility Study (PFS). Breaker Executive Chairman Tom Sanders said that after two years of resource drilling, Bombora was still open in every direction and new zones of mineralisation were still being discovered. “It is increasingly obvious that the initial open pit will be large – and we are yet to find its limits,” Mr Sanders said. | |
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