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Breaker Resources NL

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Summary

Project:

Lake Roe

Deposit:Bombora
Location:Australia
Commodities:Gold
Date:4/30/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:30-4-2020: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombora deposit at the Lake Roe project. Drilling results incl. 3m @ 11.51g/t Au from 479m. Breaker Resources NL (ASX: BRB) is pleased to report the discovery of multi
Resources:(Resource, I+I): 23.2Mt @ 1.3g/t Au at Bombora
CP/QP:[Overall Report]: Michael Outhwaite, Tom Sanders (Non-Independent;Internal)
ABSTRACT:Breaker Resources NL (ASX: BRB) is pleased to report the discovery of multiple high-grade lodes which highlight the strong potential for ongoing growth in the 1Moz Resource# at the Bombora deposit at its Lake Roe Project, 100km east of Kalgoorlie. The latest results extend the known strike length of the high-grade mineralisation and materially enhance the depth potential below the northern part of the 1Moz open pit Resource# to 2km (Figures 1 and 3). Other lodes with similar strong visual characteristics were also intersected below the new highgrade lodes and in several other drill holes below the northern part of the open pit Resource (assays pending). Significant results were received from holes testing both the north- and south-plunging elements of the Bombora lode system. These arise from the (respective) intersection of the steep and northdipping “flat” mineralised faults with the magnetite-rich parts of the quartz dolerite host rock. A 1,115m-deep stratigraphic diamond drill hole in the southern part of the deposit delivered a Tura lode intercept of 9.7m at 1.57g/t Au in the upper, less prospective part of the quartz dolerite after a 400m down-plunge step-out. This result is encouraging and complements previous highgrade intersections on the Tura, Daisy and newly coined Brigalow Mick steep lodes. Deep drill testing of the steep lodes is embryonic.

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