Breakaway kicks off follow-up drilling at Sandy Creek

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THE DRILL SERGEANT: Breakaway Resources (ASX:BRW) has commenced a follow-up diamond drilling program at the company’s Sandy Creek copper-gold project, located south-east of Cloncurry in North Queensland.

Breakaway is conducting the drilling program with the following objectives:

–    To test the down-plunge potential of the identified higher-grade/thicker zone within the Sandy Creek Main Zone resource area, which plunges to the south and where down-hole EM conductors have been identified;

Sandy Creek Mineral Resource and diamond drill target area. Source: Company announcement

 

–    To extend this plunge position at depth to test for a potential underground target and establish the potential for plunging high-grade shoots typical of the mineralisation at the Eloise Copper Mine, located approximately 20km east of Sandy Creek;

–    To test the zone of possible conjunction between the Western Zone and the Main Zone resource areas, which may together form part of a broader mineralised system;

–    To recover drill core for more advanced testing, including metallurgical test work; and

–    To upgrade the existing JORC resource estimate.

Breakaway announced a maiden Inferred Resource estimate for the Sandy Creek project last month.

The estimate comprised 2.06 million tonnes grading 1.42 per cent copper and 0.33 grams per tonne gold containing 29,400 tonnes of copper metal and 21,900 ounces of gold.

The company said the maiden resource estimation, together with the recently-announced Joint Venture with Sandfire Resources (ASX:SFR), has highlighted the regional potential of the broader Eloise project.

The company also has planning underway to further evaluate significant regional targets, such as Surprise Ridge together with systematic testing of regional targets it has developed over the past 12 months.

Following completion of the drilling program, Breakaway said it intends to commence a Scoping Study to assess development options for the Sandy Creek project.

“We are very encouraged by the exciting exploration potential at Sandy Creek, where we are very hopeful of identifying down-plunge extensions to the existing mineralisation,” Breakaway Resources managing director Victor Rajasooriar said in the company’s announcement to the Australian Securities Exchange.

“This drilling program is expected to greatly enhance our understanding of the nature and controls of mineralisation at Sandy Creek, and provide the company with a clearer insight into how best to progress this exciting emerging asset.”