Breaker Resources (BRB.AX) has released additional assay results from its ongoing drill programs at Bombora where the results of two (deep) infill drill holes were released and the Crescent Kopai zone (2.5 kilometers north of Bombora) where a Reverse Circulation drill program is drill-testing a new prospective area. The headline results of the drill program can be found in the image below:

This is just the starting point. Breaker has drilled almost 100 additional holes and will likely release additional assay results on a continuous basis for the next little while. Breaker now considers Bombora to be just a part of a 9 kilometer long gold trend as not only does the Crescent Kopai zone continue to deliver attractive drill results, the RC drill program at the Carbineer zone seems to highlight the potential of this 1,500 meter strike length.

As a reminder, the Bombora zone already contains almost 1 million ounces of gold divided into 803,000 ounces in the indicated resource category with an additional 178,000 ounces of gold in the inferred resource category. This means the satellite deposits that could be developed in close proximity to the existing resource won’t have to be big in order to be economical as the rock could be used to just feed the Bombora mill (the 2019 resource used a 2.5 million tonnes per year CIL processing plant as base case scenario to calculate the appropriate cutoff grades).


Disclosure: The author has no position in Breaker Resources. Please read our disclaimer.

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