Breaker launches major drilling campaign at Lake Roe near Kalgoorlie-Boulder
6 December 2019
The West Australian
With the market’s appetite for gold showing little sign of slowing down, Breaker Resources has launched a major drilling campaign at its Lake Roe project 100km east of Kalgoorlie-Boulder.
The junior explorer yesterday announced it was upping the ante in a bid to grow its one million ounce resource at the Bombora deposit.
That comes after Breaker last month struck a non-brokered $8 million share placement with an equity fund managed by US-based Electrum Group.
Just three weeks later Breaker is sinking more holes in the ground with diamond drilling at Bombora South starting this week.
That will be followed with reverse circulation and diamond drilling at the Claypan prospect before a third rig rolls into the project area in January.
Breaker boss Tom Sanders said the drilling campaign was designed to unlock the exploration potential at Lake Roe.
Mr Sanders said his team had done a great job unravelling the geology and he believed there was huge scope to grow the resource.