Breaker Resources NL said Sept. 2 that it has increased the indicated resource at the Bombora gold deposit within the company's Lake Roe gold project in Western Australia by 28.7% to 803,000 ounces within 18.4 million tonnes grading 1.4 g/t gold at a 0.5 g/t cutoff, from 624,000 ounces estimated in September 2018.
The total indicated and inferred resource at the deposit now stands at 23.2 million tonnes grading 1.3 g/t gold for 1.0 million ounces.
The company said that the prefeasibility study targeting a high-margin open pit of up to 2.5 kilometers long at the Bombora deposit is on track for completion in October, which will be followed by a ramp up in drilling targeting ongoing resource growth.
Breaker Resources noted that the shallow nature of the mineralization in the deposit is expected to result in a high conversion rate of resources to mineable open pit ounces.
