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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Bombora North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-9-2016: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombora North deposit at the Lake Roe project. Drilling results incl. 18m @ 2.97g/t Au from 12m. Breaker Resources NL (ASX: BRB, Breaker) is pleased to advise that fin | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB, Breaker) is pleased to advise that final 1m assay results from reverse circulation (RC) drilling at the Bombora North discovery within the Lake Roe Project in WA has upgraded the previous (preliminary) results (see ASX Release 15 August 2016). Significant gold mineralisation was intersected on each of the six drill lines tested as part of the maiden RC program at Bombora North (Figure 1, Appendix 1). The grade characteristics of the drill intersections obtained highlight strong potential for large tonnage, open pit mining (Table 1). This view is underpinned by the unusually large dimensions of the gold-mineralised areas outlined to date. The presence of significant high-grade gold intersections in these maiden RC results (Table 1) at Bombora North and at the Bombora discovery to the south (ASX Releases 16 March 2016 & 18 April 2016) also indicates strong potential for underground mining. High-grade gold intersections include 2m @ 20.09g/t, 1m @ 12.60g/t, 1m @ 10.88g/t and 3m @ 6.18g/t Au. In addition, the sulphide-lode style of mineralisation present often translates to substantial depth potential based on similar gold deposits in other parts of WA’s Eastern Goldfields. This, in conjunction with the large dimensions of the gold-mineralised area outlined at Lake Roe, suggests that the underground mining potential may also be substantial. | |
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