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Breaker Resources NL

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Summary

Project:

Lake Roe

Deposit:Bombora North
Location:Australia
Commodities:Gold
Date:8/15/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:15-8-2016: Breaker Resources NL announces an Exploration/Drilling Update report for its Bombora North deposit at the Lake Roe project. Drilling results incl. 20m @ 2.45g/t Au from 12m. Breaker Resources NL (ASX: BRB, Breaker) is pleased to advise that rec
Resources:x
CP/QP:[Overall Report]: Tom Sanders, Alastair Barker (Internal)
ABSTRACT:Breaker Resources NL (ASX: BRB, Breaker) is pleased to advise that reconnaissance reverse circulation (RC) drilling has discovered wide, shallow gold mineralisation at the Bombora North Prospect, Lake Roe Project, 100km east of Kalgoorlie. The 20-hole, 2,450m RC drill program tested a 600m strike length of the 2.6km Bombora North Prospect, situated directly north of the Bombora gold discovery (Figure 1; ASX Release 18 April 2016). Significant gold was intersected on each of the six 100m- or 200m-spaced drill lines tested. Mineralisation remains open to the north, south and at depth. The RC drilling is part of a staged RC and diamond drilling program currently underway to test a 4km zone of gold-arsenic anomalism extending north of the Bombora discovery defined by recent aircore drilling (ASX Release 25 July 2016). Breaker Executive Chairman Tom Sanders said the results revealed the presence of a second substantial zone of high-grade primary gold mineralisation at Lake Roe. Assay results for one metre samples for many drill holes are pending and the results are consequently preliminary. Assay results have been received for 4m composite drill samples for all 20 drill holes. A full summary of available assay results above 0.2g/t Au, many preliminary, is tabulated in Appendix 1. The RC drilling intersected wide, shallow, high-grade gold mineralisation in several areas over the 600m strike length drilled. Significant gold was intersected on each of the six 100m- or 200mspaced drill lines tested. Gold mineralisation is open to the north, south and at depth.

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