BRB 0.00% 47.5¢ breaker resources nl

Ann: Resources' Rising Stars Conference Presentation-BRB.AX, page-2

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  1. 4,625 Posts.
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    9,000m drilling currently in progress over 4km distance directly
    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 2
    nd gold system
    Current/planned drilling has good potential to trigger a
    significant near-term rerating of the share price

 
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