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Breaker Resources NL

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Summary

Project:

Lake Roe

Deposit:Bombora
Location:Australia
Commodities:Gold
Date:10/23/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:23-10-2018: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombora deposit at the Lake Roe project. Drilling results incl. 35m @ 3.83g/t Au from 81m. Breaker Resources NL (ASX: BRB) is pleased to report more strong drilling r
Resources:(Resource, I+I): 24.599Mt @ 1.4g/t Au for 1.084Moz Au contained at Bombora
CP/QP:[Overall Report]: Tom Sanders, Alastair Barker (Internal)
ABSTRACT:Breaker Resources NL (ASX: BRB) is pleased to report more strong drilling results which continue to grow the 1.1Moz# Bombora gold deposit at its 100%-owned Lake Roe Gold Project, 100km east of Kalgoorlie, Western Australia. All 37 drill holes reported in this announcement intersected significant gold mineralisation. Of these, 21 holes extend the known parameters of the deposit to the east and at depth. The other 16 holes were infill drilling. The combined results further highlight the strong potential to increase the 1.1Moz Resource# and upgrade the Resource classification. In addition to the drilling results, Breaker is also pleased to advise that it has developed an increased understanding of the role and location of several steep faults which control the broad distribution of gold throughout the deposit. This greater understanding has increased the potential to extend Bombora by up to 600m north and 1,200m south of the known deposit. Reconnaissance drilling to scope this potential is currently underway. These developments build on recent drilling success at the Crescent Prospect, 2km to the north of Bombora (ASX Release 31 July 2018), and at the Claypan Shear Prospect situated near the granite contact 2km to the southeast of Bombora (ASX Release 10 January 2018).

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