19 August 2016
Financial Report for the Year ended 30 June 2016
18 August 2016
Patersons Securities - August 2016
Breaker Resources NL is one of the largest tenement holders in the Eastern Goldfields Superterrane which accounts for 75% of Australia's gold. The Company has a 100% interest in four projects in the emerging Yamarna and Burtville Terranes.
Breaker’s objective is early discovery in an unexplored part of Australia’s premier gold province and since listing in April 2012, the Company has identified large new highly prospective +10-20km gold-in-soil anomalies on several of its current projects. The priority targets are the Duketon North, Dexter and Lake Roe Projects. Aircore drilling was undertaken in July 2015 at Lake Roe and identified a new gold system with intercepts of oxide mineralisation including 4m at 7.38g/t. Results from an RC drilling program include hits of up to 1m at 19.3g/t, indicating the potential for high grade sulphide lodes. A further RC program is being undertaken in July 2016 and maiden aircore drilling is scheduled for Duketon North.