- Summary of Projects
- Bungalbin Gold Project
- East Kimberley Project
- Eloise Regional Exploration Project
- Kalgoorlie Nickel Project
- Kambalda West Nickel Gold Project
- Miranda Nickel Project
- Mt Finnerty Project
- Scotia Nickel Project
- Wildara - Mt Clifford Belt
- Mount Clifford - Mount Newman
- Wildara
- Yillaree
East Kimberley Project (60%)
The East Kimberley Nickel-Copper Project is a major project that straddles the great Northern Highway, covering a strike distance of about 110 kilometres. The project is a joint venture under which Breakaway is earning 60% interest in tenements owned by Thundelarra Exploration Ltd ("Thundelarra"), covering an area of approximately 1,492km2. Breakaway also has a right, for a period of six months, following the completion of the earn-in in the original joint venture, to earn 60% interest in additional tenements (1,116km2) covered under the joint venture and owned by Thundelarra in the region.
The project covers the Halls Creek Orogen which is intruded by numerous Proterozoic ultramafic, mafic intrusive complexes offering potential for nickel-copper deposits. The Sally Malay nickel deposit which has a published resources of 3.4 million tonnes at a grade of 1.74% nickel, 0.72% copper and 0.09% cobalt, occurs on a small tenement block owned by Sally Malay Mining Ltd ("Sally Malay"), within the project area.
In addition, the region hosts the Copernicus nickel-copper deposit (published resource of 0.22 million tonnes grading 1.5% nickel and 0.8% copper), which is the subject of a joint venture between Thundelarra and Sally Malay, and the Panton PGE deposit (published resources of 14.3 million tonnes at 5.2g/t combined PGM's and gold), owned by Platinum Australia Ltd ("Platinum").
The ultramafic - mafic intrusions on the project tenements have been explored by a number of companies since the 1960's. From this work, widespread near-surface indications of nickel - copper - platinum group element mineralisation and airborne EM conductors were located with only limited follow-up drilling. Several prospective localities areas are being followed up. The most prospective is the Keller Creek prospect located to the north of the Sally Malay deposit. Recent wide spaced drilling carried out by LionOre during 2005 encountered a zone of disseminated nickel sulphides with associated massive sulphides having a best intersection of 6.7 metres at 1.98% nickel and 0.56% copper from 36.8 metres.