9,000m drilling currently in progress over 4km distance directlysignificant near-term rerating of the share price
north of high-grade gold lodes
1Definition
Tier 1 deposits are “World-Class" mines.
They are large, long life and low cost.
Using long run commodity prices Tier 1
deposits generate >$300m pa of revenue
(i.e. >250ktoz pa of gold) for >20 years
and are in the bottom 20% of the cost
curve (Schodde 2011)
BRB is a greenfields gold explorer targeting the discovery of Tier1 gold deposits1 hidden by
transported cover in WA’s Eastern Goldfields
Lake Roe Gold Project - we discovered a new 6km-long gold system hidden by thin cover
100km east of Kalgoorlie in August 2015 (grades up to 22g/t gold*)
Results to date are consistent with early stages of a discovery of
scale (grade, structure, alteration and continuity)
Duketon North Gold Project - maiden drilling to test high-calibre
targets planned June 2016…potential for 2nd gold system
Current/planned drilling has good potential to trigger a
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