Breaker Resources identifies high-grades at Lake Roe Discovery

THE DRILL SERGEANT: Breaker Resources (ASX: BRB) updated the market in relation to RC and aircore drill results from the Bombora prospect, part of the company’s 100 per cent-owned Lake Roe project, located east of Kalgoorlie in Western Australia.

The drilling has been targeting high-grade gold mineralisation hosted by a thick fractionated dolerite situated in a domal geometry between the Claypan and Keith-Kilkenny shear zones.

The Bombora prospect is situated in the southern part of a six kilometre-long greenfields gold system that Breaker identified below thin transported cover by aircore drilling in late 2015.

Further high-grade gold was encountered by the company in a December 2015 aircore drill program, including:

BAC1032
7 metres at 2.58 grams per tonne gold from 29m, including 2m at 8.38g/t gold and 1m at 16.12g/t gold;

BAC0989
4m at 3.66g/t gold from 24m, including 2m at 7.01g/t gold and 1m at 13.52g/t gold;

BAC0988
1m at 6.12g/t gold from 27m;

BAC1014
3m at 2.37g/t gold from 27m, including 2m at 2.71g/t gold;

BAC1061
12m at 1.46g/t gold from 39m, including 4m at 3.19g/t gold and 2m at 5.55g/t gold; and

BAC1072
4m at 1.35g/t gold from 71m, including 1m at 3.37g/t gold.

Breaker explained the RC drilling program is systematically assessing the full strike-length of dolerite-hosted mineralisation at Bombora.

The company indicated the general strategy of the RC drilling to be the assessment of the grade, geometry and continuity of gold mineralisation in the primary (fresh) zone and relate it to oxide (aircore) drill intersections, many of which terminate in mineralisation.

Interim assay results from the initial 12 drill holes of a 36-hole RC drill program include:

BBRC0009
10m at 2.78g/t gold from 38m, including 2m at 10.74g/t gold and 1m at 19.33g/t gold;

BBRC0002
7m at 2.95g/t gold from 74m, including 4m at 5.08g/t gold and 2m at 7.58g/t gold;

BBRC0012
12m at 1.88g/t gold from 192m, including 7m at 2.86g/t gold and 2m at 3.78g/t gold; and

BBRC0001
5m at 3.69g/t gold from 29m, including 3m at 5.23g/t gold.

According to Breaker Resources executive chairman Tom Sanders, the RC drilling achieved its key objective, which was to establish the presence of high-grade primary mineralisation on a wide reconnaissance drill hole spacing.

“As our understanding of the gold system develops, my expectation is that we will see more high-grade gold results as we begin to identify and track the mineralisation,” Sanders said in the company’s announcement to the Australian Securities Exchange.

“The distances we are covering with our drilling are large and the scale is deceptive.

“For this reason, any high grade gold results encountered are of significance.

“Given the size of the oxide footprint and the high grades we are achieving at depth, it is clear that Lake Roe is emerging as a significant greenfields discovery.

“We now know high-grade primary mineralisation is the source of the extensive mineralisation we have outlined over a 6km strike length.”

Email: breaker@breakerresources.com.au

Website: www.breakerresources.com.au