Breaker Resources

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

Coarse visible gold and 199.1 g/t intercept among the latest results

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.


Click here for the full ASX Release

This article includes content from Breaker Resources NL, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

BRB:AU
The Conversation (0)
Breaker Resources (ASX:BRB)

Breaker Resources

Transitioning From Explorer to Developer in Western Australia

Transitioning From Explorer to Developer in Western Australia Keep Reading...
Gold bar and nuggets with text reading "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Lighthouse Gold Shines with 78 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.Reuters reported on Friday (June 19) that a Panamanian government-led audit of First Quantum... Keep Reading...
David Nicholas, gold and silver bars.

David Nicholas: Gold's Next 30 Days — 10 Percent Price Pop?

David Nicholas, co-founder of XFunds, shares his outlook for gold, calling it "very constructive." In his view, it wouldn't be surprising to see an 8 to 10 percent price increase in the next 30 days. "I think gold and silver are the next trades to do really well here," Nicholas said.Don't forget... Keep Reading...
three gold bars stacked on top of each other

DGCX Introduces First Same-Day Physical Gold Contract in Gulf

The Dubai Gold and Commodities Exchange (DGCX) will launch the Gulf region’s first same-day physically settled spot gold contract on Monday (June 22), providing bullion dealers a regulated alternative to traditional over-the-counter markets.The Gold Spot T+0 Contract allows refineries, brokers,... Keep Reading...
Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Price Dips Back Below US$4,300 as New Fed Chair Holds Rates Steady

The US Federal Reserve held its first meeting with new Chair Kevin Warsh from Tuesday (June 16) to Wednesday (June 17) as a US-Iran peace deal is on the table and the US economy is in the midst of a three-year inflation high alongside a resilient labor market. The central bank held the federal... Keep Reading...
Jeffrey Christian, gold bars.

Jeffrey Christian: Gold, Silver, PGMs — My Summer Price Outlook

Jeffrey Christian, managing partner at CPM Group, shares his summer outlook for gold and silver prices, saying he expects consolidation within a volatile range. However, as the year continues, he believes both precious metals could move back toward highs seen earlier in 2026. Platinum and... Keep Reading...

Interactive Chart

Latest Press Releases

Related News