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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Lake Roe | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/25/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-7-2016: Breaker Resources NL announces an Exploration/Drilling Update report for its Lake Roe deposit at the Lake Roe project. Drilling results incl. 4m @ 4.73g/t Au from 10m at Bombora North. Breaker Resources NL (ASX: BRB, Breaker) is pleased to repo | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB, Breaker) is pleased to report final assay results from its Phase 4 (June 2016) aircore drilling at the Lake Roe Gold Project, 100km east of Kalgoorlie. The objective of the 7,807m geochemical drill program was to assess the gold potential extending 4km directly north of high-grade primary gold lodes discovered at the Bombora Prospect in April 2016 (Figure 1). Final assay results of the aircore drilling including extensive one metre sample results are now reported (BAC1100-1458). All results detailed in Appendix 1 are new with the exception of BAC1321. These results supersede the preliminary results reported in ASX Release 29 June 2016. The aircore drilling encountered extensive gold anomalism in two main areas designated the Bombora North and Crescent Prospects described below (Figure 1). Transported cover in each area is generally ~5m increasing to ~25m in the northern part of the Bombora North zone. Forty three percent of the 1m end-of-hole (EOH) samples ended in plus 50ppb gold mineralisation with a maximum grade of 8.70g/t gold. The gold potential between the Bombora North and Crescent Prospects may also be significant based on anomalous pathfinder elements in end-of-hole multi-element samples. Lower downhole average gold values in this area are at least partially the result of thicker transported cover (up to 30m) on a wider drill hole spacing (40m), resulting in less drill penetration of the lower (mineralised) part of the weathering profile. | |
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