Breaker Resources executive chairman Tom Sanders said it\u2019s unclear just how large the Bombora gold discovery is.<\/p>\n
Sanders told the Resources Rising Stars conference on the Gold Coast that the Bombora prospect at the Lake Roe project outside Kalgoorlie had the three key attributes one would want in a project \u2013 quality, scale and location.<\/p>\n
\u201cIt\u2019s a large, rare, greenfields gold discovery,\u201d he said.<\/p>\n
\u201cNothing adds value like discovery.\u201d<\/p>\n
Bombora has been defined over a 2.3km strike length after around 80,000m of drilling, and remains open along strike and at depth.<\/p>\n
\u201cThis discovery is young,\u201d Sanders said.<\/p>\n
\u201cThis is supposed to be a mature gold province, but it\u2019s not.\u201d<\/p>\n
Breaker released more drilling results today that further confirmed the quality of the discovery.<\/p>\n
Results released today included 9mat 53.29 grams per tonne gold from 31m, including 4m at 119.24gpt; 28m at 6.01gpt gold from 40m, including 12m at 11.2gpt; and24m at 3.62gpt gold from 12m, including 16m at 4.68gpt.<\/p>\n
\u201cAgain, they\u2019re clustered in the area we\u2019re building the resource,\u201d Sanders said.<\/p>\n
\u201cAnybody looking at those results would say they\u2019re not bad \u2013 they\u2019re very good in fact.\u201d<\/p>\n
Breaker is working towards a maiden resource at the end of the year.<\/p>\n
\u201cHow big is this thing? I don\u2019t know,\u201d Sanders said.<\/p>\n
While Breaker is targeting an initial open-pittable resource, there is also underground potential.<\/p>\n
\u201cI think there\u2019s going to be more gold here below 100m than there is above,\u201d Sanders said.<\/p>\n
Infill drilling has also highlighted new laminated sulphide-rich lodes that are \u201cfloating in space\u201d with no surrounding drilling.<\/p>\n
\u201cWe know that when we drill, we find a lot,\u201d Sanders said.<\/p>\n
Further results are due in the next two weeks.<\/p>\n
Shares in Breaker rose by more than 5% to 72.5c, close to the all-time high of 76c set in September.<\/p>\n","protected":false},"excerpt":{"rendered":"
MiningNews.net Breaker Resources executive chairman Tom Sanders said it\u2019s unclear just how large the Bombora gold discovery is. Sanders told the Resources Rising Stars conference on the Gold Coast that the Bombora prospect at the Lake Roe project outside Kalgoorlie had the three key attributes one would want in a project \u2013 quality, scale and […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1],"tags":[],"yoast_head":"\n