Breakaway Resources identifies drill targets at Leinster

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THE DRILL SERGEANT: Breakaway Resources (ASX: BRW) has identified multiple gold, nickel and base metal targets, including two priority drill-ready gold targets, at the company’s 100 per cent-owned Leinster gold project, located south of Leinster in Western Australia.

 

Leinster gold project location. Source: Company announcement

 

Breakaway identified the new exploration targets via a detailed structural analysis of the area combined with a comprehensive re-assessment of historic exploration data and recent surface geochemical sampling programs.

The company said the recent work has elevated the exploration potential of the owned Leinster gold project.

Breakaway is currently planning drilling programs for gold targets at Salute and Pond Well.

Planning is also underway for possible ground EM surveys over the nickel and base metal targets and in-fill sampling of the additional gold targets.

“The company is very pleased with the recent exploration results from the Leinster gold project, which represent the culmination of a significant in-house review of the gold potential of its tenements,” Breakaway Resources managing director Victor Rajasooriar said in the company’s announcement to the Australian Securities Exchange.

“A combination of good solid lateral thinking, structural geology and careful analysis of historic exploration data together with recent geochemical sampling has helped us to uncover significant new gold potential within our tenements, including at least two drill-ready targets which we plan to drill later this year.

“At the same time, recent surface sampling has uncovered some exciting nickel and base metals potential which requires follow-up.

“We are very excited by the potential of these targets and we are looking forward to progressing exploration activities to the next stage.”

The Leinster gold project is located in the Leinster gold, nickel and base metal province, which hosts BHP Billiton’s (ASX: BHP) Mt. Keith and Perseverance nickel mines to the north – where it has recently discovered the Venus nickel sulphide deposit – as well as the Thunderbox and Bannockburn gold mines, and the Jaguar / Bentley base metal mines.