Breakaway drills Sandy Creek

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THE DRILL SERGEANT: Follow-up drilling conducted by Breakaway Resources at the company’s Sandy Creek copper-gold prospect in North Queensland has returned encouraging copper-gold intersections.

The company said it considered the results confirm the continuity of the mineralisation and highlight potential for extensions both along strike and down-dip.

Breakaway has received assay results for the first four Reverse Circulation (RC) holes drilled as part of the current 22-hole (3,700m) RC and diamond drilling program.

Notable results so far include:

–    3 metres at 3.68 per cent copper, 0.57grams per tonne gold from 47 metres;

–    6m at 1.21 per cent copper, 0.60g/t gold from 114m, including 2m at 2.46 per cent copper, 0.63g/t gold from 118m; and

–    7m at 1.06 per cent copper, 0.33g/t gold from 53m, including 2m at 1.75 per cent copper, 0.55g/t gold from 58m.

The company is confident these results provide evidence of a new copper-gold system at the Sandy Creek prospect, which lies within its 100 per cent-owned Eloise exploration project, located 70 kilometres south-east of Cloncurry.

Breakaway has completed 16 RC holes as part of the current program.

In addition to the intercepts already mentioned, the company said nine of the remaining twelve holes also intersected zones of shear-hosted quartz veining, silica-carbonate alteration and disseminated copper sulphides.

These zones have ranged in down-hole width from 2m to 54m.

Six of these intersections contain internal zones of massive and / or semi – massive copper sulphide mineralisation:

–    4m of semi-massive sulphides from 115m;

–    2m of semi-massive sulphides from 67m;

–    2m of semi-massive sulphides from 44m;

–    1m of massive sulphide from 65m;

–    1m of massive sulphide from 37m; and

–    2m of semi-massive sulphides from 37m, 1m of massive sulphide from 62m, 4m of semi-massive sulphides from 70m, and 1m of semi-massive sulphide from 80m.

“Not only do these results confirm the prospect’s internal continuity of mineralisation over 600 metres strike length, but they also highlight the strong potential for extensions both along strike and down-dip,” Breakaway Resources managing director David Hutton said in the company’s announcement to the Australian Securities Exchange.

“Given the prospect’s close proximity to the Eloise copper mine and the ongoing drilling, we believe that there is real opportunity to quickly generate a potentially economic resource at Sandy Creek.”