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Breaker Resources NL
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Lake Roe | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/31/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 31-1-2020: Breaker Resources NL announces an Exploration/Drilling Update report for its Lake Roe deposit at the Lake Roe project. Drilling results incl. 7.61m @ 4.87g/t Au from 113.29m. Breaker Resources NL (ASX: BRB) is pleased to report positive results | |
| Resources: | (Resource, I+I): 23.2Mt @ 1.3g/t Au at Bombora | |
| CP/QP: | [Overall Report]: Michael Outhwaite, Tom Sanders (Internal) | |
| ABSTRACT: | Breaker Resources NL (ASX: BRB) is pleased to report positive results from early reconnaissance drilling in several areas at the Company’s Lake Roe Gold Project, 100km east of Kalgoorlie. A major drilling program is underway at Lake Roe to systematically build the 1Moz Resource#. The initial focus is on discovery and extensions outside the shallow Resource envelope as the Company enhances its understanding of the geometry of the gold mineralisation over the full extent of an 8.5 km-long greenfields gold system, prior to resource definition drilling. RC and diamond drilling resumed on 10 January 2020 following a break over Christmas. Drilling is expected to continue throughout 2020, typically involving at least three drill rigs. Details of the drilling are provided in Annexure 1. The 3.2km-long, 1Moz Bombora Resource# (Figure 1) is limited by shallow drilling to a vertical depth of 180m to 300m below surface and is open in all directions. Aircore drilling, used to guide followup RC and diamond drilling, recently extended the Lake Roe gold system to ~8.5km. | |
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