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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombora | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/4/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-9-2018: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombora deposit at the Lake Roe project. Drilling results incl. 45m @ 2.14g/t Au from 194.0m. Breaker Resources NL (ASX: BRB) is pleased to announce that it continues t | |
| 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 that it continues to grow the size of its Bombora gold deposit, with recent drilling delivering more high-grade results from outside the current Resource. The latest drilling results extend the Bombora gold deposit to the north, continue to identify new lodes to the east, and extend known mineralisation at depth in certain areas. The Resource at Bombora, which is part of the Lake Roe Gold Project, 100km east of Kalgoorlie in WA, currently stands at 624,000oz (ASX Release 18 April 2018)#. Breaker Executive Chairman Tom Sanders said the latest drilling results demonstrated the significant potential to continue growing Bombora. “A revised Mineral Resource is currently in preparation based on the successful drilling completed since the maiden Resource in April,” he said. “The new Resource will also be supported by updated 3D modelling, which has clarified the continuity and geometry of the deposit. “Our main drilling priority is the delineation of shallow ounces to provide the critical mass for a large standalone open pit development, subject to appropriate feasibility studies,” Mr Sanders said. “We are also conducting selective deeper drilling to scope the high-grade mineralisation underneath 200m below surface, none of which is in the current Resource and which could have potential for underground mining. | |
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