Breaker Resources hits big gold numbers at Lake Roe
THE DRILL SERGEANT: Breaker Resources (ASX: BRB) gained a lot of attention with the announcement of exceptional shallow, high-grade gold intercepts from ongoing infill and extensional reverse circulation (RC) drilling at the Bombora gold discovery at the company’s 100 per cent-owned Lake Roe project, located east of Kalgoorlie in Western Australia.
Breaker Resources raved about the drilling results, highlighting what it declared to be the “most spectacular intercept received to date” at Lake Roe.
The intersection in question returned: 7 metres at 61.78 grams per tonne gold, including 4m at 105.4g/t gold.
Breaker claim the new results highlight a previously unknown flat to gently west-dipping, high-grade mineralised fault up to at least 100m wide in cross-section.
Although the plunge of the lode is unclear at this stage due to the large (100m) distance between drill sections, Breaker expects this to be resolved with detailed infill drilling.
The latest results come from the central part of the 2.2 kilometre-long Bombora discovery.
Breaker indicated the drill results for some of the holes are preliminary, with 1m splits pending, however the RC drilling also identified thick, shallow and high-grade gold mineralisation in several other areas and the company consider the thick, shallow and high-grade nature of the results to be consistent with the initial phase of 100m by 20m infill RC results it reported in January 2017 (24m at 7.75g/t gold; and 19m at 7.56g/t gold).
Breaker also said the results reinforce the mining potential of what is shaping up as an important greenfields gold discovery.
The company said its increased drill density is starting to resolve the geometry and structural controls of the high-grade gold zones and indicates good continuity of mineralisation of the 2.2km-long Bombora discovery, which remains open at depth and along strike.
This gold potential has been highlighted by new one metre assay data relating to previously reported (4m composite) drill results at the Crescent prospect to the north of the Bombora discovery, and previous RC drill results to the south at the Bombora South prospect.
“The results provide further confidence in the grade, scale and economic potential of the 2.2km-long Bombora discovery,” Breaker Resources executive chairman Tom Sanders said in the company’s announcement to the Australian Securities Exchange.
“The RC infill drilling program has successfully identified high-grade shallow gold lodes not readily apparent in the earlier wide-spaced (100m by 40m) drilling.
“This will be an advantage in any potential stand-alone development.
“The increase in drill density is starting to give us an improved understanding of the geometry and structural controls of the high-grade zones.
“This lays the foundation to test the depth potential of the project which is about to start using a recently arrived diamond drill rig.
“The improved understanding we are getting from the tighter drill pattern will also assist in evaluating the gold potential along strike from the main Bombora discovery.
“Detailed analysis of the gold potential associated with many significant reconnaissance gold intersections obtained to the north and south at the Crescent and Bombora South prospects is limited by the current wide drill spacing.”
Email: breaker@breakerresources.com.au
Website: www.breakerresources.com.au