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Company News
Ramelius makes $130.7m takeover bid for Breaker Resources
Gold producer Ramelius Resources (ASX: RMS) has made a $130.7 million off-market takeover offer for Breaker Resources (ASX: BRB), which owns the Lake Roe gold project in Western Australia. Ramelius plans to use its financial capacity and operational experience to develop Lake Roe, which is considered to be a relatively new discovery with a global […]
Breaker Resources bothered by lithium in its gold
Gold retains its status as the metal attracting the biggest exploration budgets, but for the best stock market performance these days it’s hard to beat lithium, which is why Breaker Resources (ASX: BRB), a stock with a foot in both camps, could be worth a look on the basis that history can repeat. Not an […]
Breaker targets resource expansion and underground operations at Bombora gold deposit
Perth junior Breaker Resources (ASX: BRB) has discovered several new high-grade lodes from deeper drilling below an open pit resource within its Lake Roe gold project near Kalgoorlie. Results received from four reconnaissance diamond drill holes completed below the northern part of the Bombora deposit have highlighted the possibility of expanding the existing 1 million […]
Breaker updates mineral resource and exploration target for Bombora gold discovery
An updated mineral resource estimate at the Bombora gold deposit within the Lake Roe gold project owned by Perth junior Breaker Resources (ASX: BRB) has confirmed it to be a significant greenfields discovery for Western Australia’s goldfields region. The update – totalling 24.6 million tonnes at 1.4 grams per tonne gold for 1,084,000 ounces – […]
Breaker Resources unearths underground potential at Bombora gold discovery
Breaker Resources (ASX: BRB) has unearthed underground potential at its Lake Roe project after drilling intersected up to 30.85 grams per tonne gold at the Bombora discovery. The latest results from the step out drilling campaign will be included in the maiden JORC resource due next month. Gold mineralisation was stuck in numerous intersections with […]
Positive metallurgical results prompt Breaker to explore low-cost early production
Metallurgical test work on Breaker Resources’ (ASX: BRB) Lake Roe project has recovered up to 99% gold in both fresh and oxide ore, with the company planning to investigate a low-cost start up option to generate early cash flow. According to Breaker, the test work has confirmed both the fresh and oxide gold ore was […]
Breaker Resources strikes high grade and wide gold at Bombora
Gold explorer Breaker Resources (ASX: BRB) has struck gold grading up to 35.88 grams per tonne and intersections up to 36m wide at its Bombora prospect in Western Australia. Part of the company’s wholly-owned Lake Roe gold project, recent drilling at Bombora included 18 diamond holes and 47 reverse circulation holes with all diamond drill […]
Breaker Resources discovers more shallow gold at Lake Roe
Breaker Resources NL (ASX: BRB) has announced more shallow, wide, high-grade drilling results from ongoing infill reverse circulation (RC) and diamond drilling at the 2.2km-long Bombora gold discovery within the 100%-owned Lake Roe Gold Project, 100km east of Kalgoorlie in WA. The 40m x 20m spaced infill RC results continue to upgrade the open pit and […]
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