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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Crescent | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/19/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-12-2016: Breaker Resources NL announces an Exploration/Drilling Update report for its Crescent deposit at the Lake Roe project. Drilling results incl. 39m @ 3.22g/t Au from 113m. Breaker Resources NL (ASX: BRB, Breaker) is pleased to advise that a firs | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB, Breaker) is pleased to advise that a first-pass 6,808m reconnaissance reverse circulation (RC) drill program at the Crescent Prospect has intersected significant gold mineralisation up to 2.2km north of the previously announced 2.2km-long Bombora gold discovery at Lake Roe, 100km east of Kalgoorlie (Figure 1). The new results highlight the potential for a 4.4km zone of gold mineralisation that includes the 2.2km Bombora discovery. Assay results for 40 percent of the Crescent drill holes are pending. Plans for follow-up drilling will be finalised once the final assays are received and the recently flown aeromagnetic survey data has been assimilated. Due to the wide-spaced nature of the drilling, the geometry of the mineralised structures is unclear (200m line spacing; 40m or 80m hole spacing). As such, positive or negative sampling bias is possible due to drill orientation. The 2.2km mineralised zone that includes the previously termed Bombora, Bombora North and Gap gold discoveries is now referred to as the Bombora discovery in consequence of previous RC drilling that confirmed continuity of mineralisation between the three areas (Figures 1 and 2). New 1m riffle-split sample assay results from the recently completed 100m x 40m RC drilling at Bombora (Appendix 2) have materially upgraded many previously reported drill intersections that were based on preliminary 4m composite samples (Figures 2 and 3; ASX Release 18 November 2016). Further 1m assay results are pending | |
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