Breaker Resources hits Gold lode at Lake Roe

THE DRILL SERGEANT: Breaker Resources (ASX: BRB) is currently aircore drilling in the Eastern Goldfields of Western Australia just south of the two kilometre-long Lake Roe gold system.

The company said the drilling has encountered sulphide-rich lode gold mineralisation over a nine metre down-hole interval from hole BAC1061.

Although gold is evident in panned samples, Breaker indicated assaying is needed to quantify the grades, to which end samples from selected drill holes from the current aircore drilling are being prioritised for laboratory analyses.

Breaker expects to receive full (preliminary) results mid-January 2016.

BAC1061 is located 100m south of an aircore drill hole Breaker terminated in mineralisation grading 2.6g/t gold.

Further chlorite-pyrite mineralisation of unknown grade is also present in a drill hole located 40m east of BAC1061, and in three drill holes situated 100m to the south of BAC1061.

Drilling further south is in progress and is expected to be completed within one week.

“The aim of the current 4,500 metre aircore drill program is to test the southern extent of the Lake Roe gold system, and clarify mineralisation orientations where possible ahead of reverse circulation (RC) drilling,” Breaker Resources explained in its ASX announcement.

“Much of the aircore drilling completed to date is geochemical and reconnaissance in nature due to limited drill penetration into fresh hard rock.

“Approximately 30 per cent of previous drill holes terminate in (+50ppb gold) mineralisation with end-of-hole grades up to 7.98 grams per tonne gold.”

Breaker is set to commence RC drilling to test several areas within the gold system in early February 2016.

The company said the results it had recorded to date are consistent with a new gold system of considerable scale and coherence that remains open to the north and south.

Email: breaker@breakerresources.com.au

Website: www.breakerresources.com.au