BRB is focused on expanding a rare 1Moz# greenfields gold discovery at its Lake Roe Gold Project, 100km east of Kalgoorlie, Western Australia.
The Lake Roe Gold Project has the attributes of scale, grade and camp-scale growth potential, and the open pit and underground mining potential are extensively de-risked.
After 250,000m of drilling the deposit is open in all directions, and the consistency and areal extent of the results indicate a new gold camp in the early stages of delineation, with 600km2 of tenure, a granted mining lease, and 40km of strike potential.
The deposit is similar in style to the well-known Golden Mile deposit in Kalgoorlie, and has yielded some of the best drill hits in Western Australia in the last few years, such as 17m @ 15.85g/t, 7m @ 61.78g/t and 32m @ 15.31g/t (ASX Release 27 July 2020).
A major drilling program is underway to grow the 1Moz open pit Resource# and expand the future development options.
Since the start of 2020, drilling has had early success and confirmed the underground mining potential below the Resource, and identified two separate large-area discoveries to the north and east of the Bombora deposit.
A rare greenfields gold camp, 100km from Kalgoorlie, Western Australia
Stock as of Nov 2, 2020 10:28 AM MST
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0.09 - 0.34
0.09 - 0.34
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Competent Persons Statement
The information in this report that relates to Exploration Targets and Exploration Results is based on information compiled by Tom Sanders who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Sanders is an officer of Breaker Resources NL and his services have been engaged by Breaker on an 80% of full time basis; he is also a shareholder in the Company. Mr Sanders has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the â€˜Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reservesâ€™. Mr Sanders consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
#The information in the presentation/report that relates to the Mineral Resources and Exploration Targets is based on information announced to the ASX on 2 September 2019. Breaker confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements, and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply.