Breakaway drills pleasant surprise
THE DRILL SERGEANT: Results from a recent drilling campaign by Breakaway Resources have extended polymetallic mineralisation that was intersected recently at the company’s Surprise Ridge target.
Surprise Ridge is part of Breakaway’s 100%-owned Eloise exploration project located in north-west Queensland, where exploration is being carried out on a number of fronts.
The Eloise project is located 70 kilometres south-east of Cloncurry.
Breakaway has recently completed an initial 33-hole RC drilling program covering 4,978 metres, to test the Surprise Ridge, Roberts Creek, Sandy Creek and Coral Reef targets.
The company said it had received encouraging results so far from Surprise Ridge and Roberts Creek, and was awaiting assays for Sandy Creek and Coral Reef.
At Surprise Ridge, a total of eight holes have now been drilled with four holes drilled to follow up intersections received from one hole previously announced by the company of:
– 1 metre at 31.7 grams per tonne gold;
– 7.10 grams per tonne gold from 114 metres; and
– 5m at 3.32% zinc, 1.85% lead, 30.4 grams per tonne silver, 0.38% copper, and 0.14 grams per tonne gold from 116 metres.
The additional holes were drilled both down-dip and along strike from this previous hole.
Better intercepts include:
– 5.0m at 3.34% zinc, 0.14% lead, 4.30 g/t gold from 173m;
– 2.0m at 1.01% copper, 0.24g/t gold from 179 metres; and
– 11.0m at 3.42% zinc, 0.97% lead, 13.90 g/t silver from 188m, including 2.0m at 7.40% zinc, 4.04% lead, 57.40 g/t gold from 193m.
One significant gold intersection of 4.0m at 3.60 g/t gold from 29 metres was also returned from one hole located approximately 30 metres north of the earlier hole.
At Roberts Creek, twelve holes were drilled to further test vien-hosted copper-gold mineralisation at a vertical depth of approximately 100m.
The new holes were drilled on 50m spaced sections and tested the quartz vein approximately 50m vertically beneath existing drill holes.
Breakaway has received results for all twelve holes, with numerous intercepts returned including:
– 7.0m at 1.13% copper, 0.67g/t gold from 89 metres;
– 2.0m at 2.17% copper, 0.14g/t gold from 16 metres; and
– 1.0m at 0.79% copper, 8.04g/t gold from 64 metres.
Breakaway Resources managing director David Hutton said the receipt of positive results from the first two priority areas to be tested at Eloise was very encouraging, particularly as assay results are still outstanding from the Sandy Creek and Coral Reef prospects.
“Exploration momentum is building at Eloise and the new results validate our strategy of focussing our exploration efforts on the highly prospective Cloncurry District,” Hutton said.
“We look forward to releasing further results from the recently completed drilling program as soon as they come to hand.
“The recently drilled targets will be reviewed once all remaining assays have been received, in order to determine priorities for follow-up drilling in the near future.”