Breaker Resources NL

Global Lithium: Significant Lithium Intercepts at Manna Project


Joint venture partner, Global Lithium Resources Limited (GL1), has announced further positive results from reverse circulation drilling at the Manna Lithium Project, situated within Breaker Resources NL’s 1.7Moz# Lake Roe Gold Project. The drilling shows lithium bearing pegmatites extending up to 150m down dip past the current resource.

A maiden Inferred JORC Mineral Resource of 9.9Mt @ 1.14% Li2O and 49 Ta2O5 ppm^ was previously announced on 17 February 2022. The pegmatite system at Manna remains open in all directions with several mineralised trends extending over a 5km x 1.5km area.
A Mineral Resource update for the Manna Lithium Project is anticipated in Q4 2022 following completion of program underway comprising 20,000m of RC drilling, 4,000m of diamond drilling and metallurgical test work.

Breaker retains a 20% free-carried interest in the Manna Lithium Project with Global Lithium carrying all costs and expenditure to completion of a positive bankable feasibility study (BFS). Breaker is also entitled to milestone payments of up to $20 million.

On behalf of the Board of Directors,


For further information on Breaker Resources NL please visit the Company’s website at www.breakerresources.com.au, or contact:

Investors/Shareholders Tom Sanders
Tel: +61 8 9226 3666
Email: breaker@breakerresources.com.au


About Breaker Resources NL

Breaker Resources NL (ASX: BRB) is unlocking the potential of a new 1.7Moz greenfields gold district in the Kalgoorlie region of Western Australia, the world’s top-ranked mining jurisdiction.

The operational strategy is to develop a robust open pit and underground mine while concurrently drilling to keep expanding the rapidly growing Resource. Major shareholders include the Electrum Gold Fund (10%), Paulson and Co (10%) and Franklin Templeton (6%).

The key attributes of the Lake Roe Project are its scale and high-grade mining optionality. Gold at the main deposit starts 5m from surface and occurs over a 150m-wide zone in a 3km-long single pit configuration, part of a partially drilled 9km-long gold system. High-grade lodes discovered in the last year have confirmed that open pit mining will transition to underground mining. Open pit PFS studies to date indicate no barriers to development.

Free-carried lithium interests situated within the Lake Roe project have the potential to fund a large part of the capital expenditure expected for a standalone development.

The Ularring Project, situated in the emerging SW Yilgarn mineral province, hosts a known gold-copper system and extensive nickel and PGE potential in a large, previously undrilled mafic-ultramafic belt. BRB’s initial drilling is expected to start in the current quarter.


Click here for the full ASX Release

This article includes content from Breaker Resources NL (ASX: BRB), 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)
gold in new brunswick

Brunswick Exploration Announces AGM Results

Brunswick Exploration Inc. (“BRW” or the “Corporation”) is pleased to announce the results of its annual general meeting (“AGM”) of shareholders held on June 12, 2025. Shareholders holding a total of 80,309,202 common shares of the Corporation attended the AGM in person or were represented by proxy, representing approximately 37 % of the 218,274,932 common shares issued and outstanding.

Pierre Colas, Jeffrey Hussey, André Le Bel, Amy Satov, Mathieu Savard and Robert Wares were re-elected to the board of directors.

Keep reading...Show less
Harvest Gold (TSXV:HVG)

Harvest Gold Identifies 15 Primary And 10 Secondary Targets For Its Diamond Drill Program At Its Mosseau Project In Quebec

Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold ” or the “Company ”) is pleased to announce the finalization of drill targets for its planned diamond drill program at the Company’s Mosseau Project, located in the Urban-Barry Greenstone Belt of Quebec (Figure 1).

Rick Mark, President and CEO of Harvest Gold, states: “Our geological team has done a tremendous job in compiling and collating the many datasets from the historic work of many companies in the northern area of Mosseau. They also built a new database for the central area with Harvest Gold’s 2024 air and ground programs data, captured using today’s technologies, layered over the data from historic work done sporadically. Drill permits are secured and a drill contract for a 5,000-metre program is signed. We are ready to drill.”

Keep reading...Show less
Radisson Mining Resources (TSXV:RDS)

Radisson Announces Results of its Annual and Special Meeting of Shareholders

Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company) is pleased to announce the results of its Annual and Special Meeting of Shareholders ("AGM") held on June 12, 2025. Shareholders voted in favour of all items of business, including the election of each director nominee, the appointment of auditors, and the adoption of a new Omnibus Equity Incentive Plan. A total of 156,469,851 votes were represented in the meeting amounting to 45.22% of the Company's class A shares issued as of the record date. Directors re-elected to the board were Pierre Beaudoin, Lise Chénard, Michael Gentile, Peter MacPhail, Matt Manson, Jeff Swinoga and Cindy Valence. Subsequent to the AGM, Pierre Beaudoin was re-appointed as Chairperson of the Board of Directors.

Keep reading...Show less
"M&A" written on puzzle pieces.

Western Australia Approves Aston Minerals and Torque Metals Merger

Aston Minerals (ASX:ASO) and Torque Metals (ASX:TOR)made a joint announcement on Tuesday (June 10) acknowledging that the Supreme Court of Western Australia has approved their proposed merger.

First announced in January, the deal will see Torque acquire all of Aston's fully paid ordinary shares.

Aston’s delisting from the ASX is underway, with trading suspended on May 29. The company applied for termination of official quotation and removal from the ASX on the day the merger got the green light.

Keep reading...Show less
WIA Gold

Drilling continues to return significant high-grade mineralisation

Wia Gold Limited (ASX: WIA) (Wia or the Company) is pleased to report further positive assay results for thirty-six (36) Reverse Circulation (RC) drillholes and nine (9) diamond drillholes (DD), totalling 9,349 metres, aiming to upgrade inferred resources and support resource growth at the 2.12Moz1 Kokoseb Gold Project (Kokoseb) in Namibia.

Keep reading...Show less

Latest Press Releases

Related News

×