Sandy Creek continues to deliver for Breakaway

/in /by

THE DRILL SERGEANT: Breakaway Resources has trailed recent good news with similar tidings having received additional copper-gold intersections from follow-up drilling at the emerging Sandy Creek copper-gold prospect in North Queensland.

Breakaway said the new results both confirm the internal continuity of the shear-hosted mineralisation and highlight the potential for extensions to the mineralised zone both along strike and down-dip.

 

Source: Company announcement

Assay results have been received for the remaining 12 Reverse Circulation (RC) holes drilled as part of the follow-up RC/diamond drilling program, which included:

–    1 metre at 6.23 per cent copper, 0.52 grams per tonne gold, 23.0 grams per tonne silver from 65 metres;

–    2m at 4.64 per cent copper, 0.69g/t gold, 46.3g/t silver from 44m;

–    2m at 2.08 per cent copper, 5.23g/t gold, 8.3g/t silver from 37m;

–    45m at 0.66 per cent copper, 0.14g/t gold, 2.7g/t silver from 36m, including:

–    3m at 2.19 per cent copper, 0.65g/t gold, 6.3g/t silver from 36m;

–    1m at 3.64 per cent copper, 0.71g/t gold, 43.6g/t silver from 48m;

–    4m at 1.16 per cent copper, 0.13g/t gold, 4.8g/t silver from 70m; and

–    1m at3.52 per cent copper, 0.26g/t gold, 23.7g/t silver from 80m.

The company said it considers the results provide further evidence of the emergence of a new copper-gold system at the Sandy Creek prospect.

Sandy Creek lies within Breakaway’s 100 per cent-owned Eloise exploration project, located 70km south-east of Cloncurry, in the Cloncurry Mineral District of North West Queensland.

Breakaway Resources managing director David Hutton said the latest batch of results confirmed the internal continuity of the Sandy Creek prospect over a 600m strike length, reinforcing the strong potential to increase the size of the existing mineralisation both along strike and down-dip.

“It is also encouraging to see evidence for multiple parallel zones of mineralisation,” Hutton said in the company’s announcement to the Australian Securities Exchange.

“Given the close proximity of the prospect to the Eloise copper mine, we believe that there is excellent potential to quickly generate an economic resource at Sandy Creek.”