Breaker Resources NL (ASX:BRB)

Tom Sanders
Market Cap (AUD): 58.65M
Sector: Materials
Last Trade (AUD): 0.19 +0.01 (+5.56%)
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1. About

Breaker Resources NL (ASX:BRB) is focused on a rare new greenfields gold camp, 100km east of Kalgoorlie, Western Australia.

After the discovery in 2016, the Company created an open pit development option based on a 1Moz open pit Resource and 250,000m of drilling.

The Bombora deposit at Lake Roe is high-grade by nature with obvious underground mining potential, yielding some of the best drill hits in WA in the last few years. The Company's strategy is to keep growing the Resource to further expand its development options.

The Company is operating three drill rigs, running continuously, and is planning to ramp this up.  The deposit is open in all directions and drilling indicates a gold system over at least 30km.

Since the start of 2020, Breaker has identified three large areas of emerging discovery targeted for Resource growth.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk