Bonanza Gold Results From Northern Flats And Tura Primary Lodes Beneath Bombora Discovery

Breaker Resources NL (ASX: BRB; the Company or Breaker) is pleased to advise of the results from an additional 6 deeper diamond drill holes as part of the resource development program beneath the Bombora Discovery at its Lake Roe Gold Project.

Five holes targeted the Northern Flats lode structures with every hole delivering substantial (>10 grams x metre) results.

Best results from the Northern Flats include:

• 0.78m @ 199.1 g/t gold from 659.37m in BBDD158 (est. true width = 0.54m)
• 1.18m @ 8.63 g/t gold from 460.0m in BBDD158 (est. true width = 0.82m)

The one diamond hole targeting extensions of the Tura lode also returned significant results including:

• 10.27m @ 6.09g/t gold from 348.5m (est. true width = 5.2m)
• 1.20m @ 60.52 g/t gold from 129.8m (est. true width = 1.1m)

Figure 1: Bombora long-section (Looking West) with location of new drill results.

Breaker’s CEO, Sam Smith said:

“This is exciting stuff for Breaker!

These results continue to show how consistent the underground lodes are. Our previous mining studies* have confirmed the Tura lode has what it takes to sustain a meaningful underground production source beneath any future Bombora open pit. The lode continues to expand at depth with the results showing it has further potential to grow.

We now turn our focus to mine development studies on the Northern Flats. Our latest drilling continues to validate our structural model and in particular, their consistent predictable continuity and the structural controls of the high grade ore shoots within them.”

Northern Flats Lodes - Drilling

Drillholes BBDD0155, BBDD0156, BBDD0157, BBDD0158 and BBDD0160 were targeting the series of stacked, shallow north plunging flat lodes located below and north of the future open pit. The Northern Flat lodes have been drill tested over a strike of 2km and remain open at depth. The lodes fracture horizontally across the main brittle dolerite host with the intersection points of the steep west-dipping structures and steeper east-dipping structures creating dilation zones with thicker higher-grade shoots within them.

With reference to the bonanza hit result of 199.1 g/t gold, it sits within one of the Northern Flat lodes which previously returned 1.3m @ 42.7 g/t gold within 4.6m @ 12.5 g/t in BBDD0096W2, just 40m south and up-dip (ASX release 17 June 2020).

These latest results continue to confirm the Company’s belief that the Northern Flats lode structures can become a significant future underground mining source to complement and extend a mine-life at Lake Roe.

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