- 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
Kalgoorlie Nickel Project (earning 60%)
The Kalgoorlie Nickel Project commenced in January 2005 as a joint venture in which LionOre Australia Pty Ltd ("LionOre") obtained the right to earn 60% of the nickel rights held by Jackson Gold Ltd ("Jackson") under several projects. As part of the recent transaction completed with LionOre, Breakaway acquired LionOre's right to earn into the nickel rights.
The joint venture tenements are located some 20 kilometres east of the township of Kalgoorlie. The project covers an area of some 466km2 encompassing approximately 160 strike kilometres of nickel prospective ultramafics which, at least in part, are related to units hosting the Scotia deposit to the north northwest and the Black Swan Nickel Project (Approximately 170,000 tonnes of pre-mined contained nickel reserves) to the west.
Previous nickel exploration in the region was principally carried out during the late 1960's - 1970's nickel boom by a number of explorers. It was during that period that the majority of the known nickel occurences and prospects were delineated, including the 20N, 69N and 88N prospects in the Golden Valley area. Since then, only limited, sporadic nickel exploration has been undertaken. The most noteworthy episode of nickel exploration carried out since the boom was by Outokumpu during 2001 - 2002. That phase of work, however, was limited and mainly involved the drilling of several deeper diamond drill holes into the existing prospects at Golden Valley.
At Golden Valley, the three-nickel sulphide prospects consist principally of low grade hanging wall (0.5 - 1.0% nickel) disseminated sulphides, intersected over down hole widths of up to 17.25 metres. Encouragingly, the drilling has also intersected narrow massive sulphides over widths of up to 0.25 metres at grades of up to 8% nickel.
The historical drilling is relatively shallow, commonly limited to the zone above 150 vertical metres beneath the surface. Considering the shallow nature of the drilling and the fact that none of the mineralised zones have been closed off, further investigation is justified to determine if the mineralisation is peripheral to a more concentrated source at depth, as occurs around many other deposits in the Eastern Goldfields region. Also, scope exists to further explore the prospective contact along strike.
As the geology of the broader project area is commonly obscured by transported cover, Breakaway will investigate the regional potential to identify additional areas of interest for nickel sulphide mineralisation.