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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Lake Roe | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/29/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-6-2016: Breaker Resources NL announces an Exploration/Drilling Update report for its Lake Roe deposit at the Lake Roe project. Drilling results incl. 4m @ 3.50g/t Au from 28m (Composite sample). Breaker Resources NL (ASX: BRB, Breaker) is pleased to re | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom Sanders, Alastair Barker (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB, Breaker) is pleased to report preliminary (4m composite) assay results from a 7,807m aircore drill program at its 100%-owned Lake Roe Gold Project, located 100km east of Kalgoorlie. Lake Roe is hosted midway between the 3.5Moz Carosue Dam and 0.9Moz Karonie gold deposits in an under-explored part of the WA’s Eastern Goldfields (Figure 1). The drilling was essentially geochemical in nature with the objective of scoping the gold potential of a 4km zone situated directly north of the high-grade primary gold mineralisation discovered at the Bombora Prospect in March 2016. Mineralisation in the area is hosted mainly by a thick compositionally zoned (fractionated) dolerite under thin (5-10m) transported cover situated to the immediate west of the Claypan Shear Zone, a major shear zone and “domain” boundary (Figure 2). Lead-up drilling to the current aircore program highlighted the gold potential arising from a confluence of the iron-rich part of the dolerite and extensive faulting, a pattern repeated in many major dolerite-hosted gold deposits in WA’s Eastern Goldfields. The drill program comprised 359 holes for 7,807m with all holes angled 60 degrees to the west (BAC1100-1458; Figure 2). All holes were drilled to refusal with an average depth of 21.7m. The drilling was conducted over a 4km strike length on a line spacing of 200m and a drill hole spacing of 20m (6600800N to 6604800N). The drill hole spacing was widened to 40m between 6602600N to 6604000N where thicker transported cover up to 30m was encountered. | |
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