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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombora | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/31/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-7-2018: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombora deposit at the Lake Roe project. Drilling results incl. 2.9m @ 89.44g/t Au from 72.11m. Breaker Resources NL (ASX: BRB) is pleased to announce another round of | |
| Resources: | (Resource, I+I): 11.876Mt @ 1.6g/t Au for 624Koz Au | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB) is pleased to announce another round of very positive infill and extensional drilling results with individual assays up to 257.33g/t gold which continue to upgrade and extend the 624,000oz Bombora gold deposit# at the Lake Roe Project, 100km east of Kalgoorlie, WA. The new drilling results relate to 8,493m of drilling (52 drill holes) completed in the main 2.2km-long discovery zone. This drilling is the fourteenth round of drill results since the commencement of resource drilling in February 2017 and forms part of an ongoing program of resource definition that is progressively closing the drill hole spacing to a nominal 40m x 20m over the full length of the 2.2km-long Bombora discovery. A revised Mineral Resource is currently in preparation. The Company is aiming to delineate 700- 800,000oz of high-grade open pit gold mineralisation over the next 5-9 months and plans to tackle the deeper mining potential in the longer term. Breaker Executive Chairman Tom Sanders said the latest drilling and modelling results are an important milestone. “The three-D modelling and infill drilling has unequivocally confirmed continuity and geometry, the foundations for successful mining and this is a very important landmark for Breaker. “The drilling is also establishing a very clear pattern – we drill outside the Mineral Resource and we find more gold. In line with other recent announcements, we are still discovering new gold lodes when we step-out to the east and we are also extending the known lodes at depth,” Mr Sanders said. | |
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