Recent Insider Transactions Derivative • May 16
Chairman exercised options to buy AU$1.0m worth of stock. On the 12th of May, Peter Cook exercised options to buy 2m shares at a strike price of around AU$0.25, costing a total of AU$502k. This transaction amounted to 110% of their direct individual holding at the time of the trade. Since June 2022, Peter's direct individual holding has decreased from 1.82m shares to . This was the only transaction from an insider over the last 12 months. Anuncio • May 06
Breaker Resources NL Announces Board Changes Breaker Resources NL announced Board changes relating to Ramelius Resources Limited reaching a controlling interest above 50.1% of Breaker's issued share capital, pursuant to the recommended takeover Offer by Ramelius announced on 20 March 2023 (the Offer). Non-Executive Chairman Peter Cook and Executive Director and CEO Sam Smith will remain on the Breaker Board to manage the interests of minority Breaker shareholders until Ramelius reach compulsory acquisition of the Company (which includes a 90% relevant interest in Breaker) or the Offer period expires. Lisa Wynne will also continue as CFO and joint Company Secretary. Breaker announced the Resignations from: Linton Putland as Non-Executive; Director; Mike Kitney as Non-Executive Director; Mark Edwards as Non-Executive Director; and Eric Vincent as Non-Executive Director. Breaker announced the appointment of Mark Zeptner, BEng (Hons) Mining, MAusIMM, MAICD, as Non-Executive Director. Mr. Zeptner is a mining engineer and is the Managing Director of Ramelius Resources Ltd. He was educated at the Western Australian School of Mines in Kalgoorlie and has more than 30 years' experience including senior operational and management positions with WMC and Gold Fields Limited at their gold and nickel assets in Australia and offshore. He joined Ramelius as Chief Operating Officer in March 2012, took up the reins as Chief Executive Officer in June 2014 and was appointed Managing Director in July 2015. Tim Manners - Non-Executive Director, BBus (Accounting), FCA, AGIA, MAICD, Mr. Manners is a finance professional with over 25 years' experience in accounting, corporate finance and financial management functions in the resources industry. Mr. Manners has been involved in exploration, developing and producing companies both in Australia and overseas. Mr. Manners has held the senior financial positions in companies within the precious, base and bulk commodities sectors, including Gold Road Resources Ltd, Phoenix Gold Ltd, Bathurst Resources Ltd. and Perilya Ltd. Mr. Manners joined Ramelius Resources Limited in July 2017 and is a Fellow of the Institute of Chartered Accountants in Australia and New Zealand. Alan Thom as Non-Executive Director, BEng(Hons)(Mining), GDipAppFin, GradDipBus, MAusIMM, FFin, GAICD. Alan is a mining engineer with over 25 years of experience as a mining engineer, senior manager, executive and director of resource projects from concept through to bankable feasibility, development and operation. He has extensive experience as a director of resource companies on both the ASX and AIM exchanges gaining valuable experience in acquisitions, operations, business development and financing. Alan holds a Bachelor of Engineering (Hons)(Mining) from the WA School of Mines, a WA First Class Mine Managers Certificate and additional postgraduate qualifications in Finance and Business. He is also a Member of AusIMM and a Fellow of FINSIA and is a Graduate of the AICD. Richard Jones as Joint Company Secretary, LLB, FINSIA (Grad Dip), BA (Hons) Pol Sci/Econs. Mr. Jones joined Ramelius in October 2018. He has more than 20 years' experience as a corporate commercial lawyer in both private and in-house capacities and across various industries. He has also served as company secretary for ASX listed and unlisted companies in the mining sector. Anuncio • Jan 17
Breaker Resources Nl Announces Results from an Additional 6 Deeper Diamond Drill Holes At Its Lake Roe Gold Project Breaker Resources NL announced the results from an additional 6 deeper diamond drill holes as part of the resource development program beneath the Bombora Discovery at its Lake Roe Gold Project. Five holes targeted the Northern Flats lode structures with every hole delivering substantial (>10 grams x metre) results. Best results from the Northern Flats include: 0.78m @ 199.1 g/t gold from 659.37m in BBDD158 (est. true width = 0.54m); 1.18m @ 8.63 g/t gold from 460.0m in BBDD158 (est. true width = 0.82m). The one diamond hole targeting extensions of the Tura lode also returned significant results including: 10.27m @ 6.09g/t gold from 348.5m (est. true width = 5.2m); 1.20m @ 60.52 g/t gold from 129.8m (est. true width = 1.1m). Northern Flats Lodes – Drilling: Drillholes BBDD0155, BBDD0156, BBDD0157, BBDD0158 and BBDD0160 were targeting the series of stacked, shallow north plunging flat lodes located below and north of the future open pit. The Northern Flat lodes have been drill tested over a strike of 2km and remain open at depth. The lodes fracture horizontally across the main brittle dolerite host with the intersection points of the steep west-dipping structures and steeper east-dipping structures creating dilation zones with thicker higher-grade shoots within them. With reference to the bonanza hit result of 199.1 g/t gold, it sits within one of the Northern Flat lodes which previously returned 1.3m @ 42.7 g/t gold within 4.6m @ 12.5 g/t in BBDD0096W2, just 40m south and up-dip. These latest results continue to confirm the Company's belief that the Northern Flats lode structures can become a significant future underground mining source to complement and extend a mine-life at Lake Roe. Tura Lode – Drilling: The Tura lode is the main sub vertical, steep lode at Bombora, characterised by continuous mineralisation along the shear, within the magnetic quartz dolerite. Numerous high grade shoots are present within the Tura lode, associated with structure intersections. Drillhole BBDD0159 was targeting the Tura lode which is the main mineralised sub vertical shear zone at Bombora. This hole intersected a number of the primary mineralised lodes beneath the Bombora open pit. Its main target was a down plunge extension of the Tura lode which successfully returned a solid intercept of 10.27m at 6.09 g/t (est. true width of 5.3m). Interestingly the three other known lode structures intersected in the hole all returned significant high-grade results adding to their capacity for underground extraction as well. Future Focus: Breaker has called a temporary halt to its drill-out of the underground lodes at Bombora whilst it completes revised and additional work on mine development studies for open pit and underground mining at Bombora. This is an essential step and feeds into the completion of definitive feasibility for the development of the project. In the meantime, Breaker's team has worked up a number of regional targets which it believes could add to the overall Lake Roe Gold project. During the hiatus in resource drilling its team will move onto more detailed reconnaissance and greenfields-type works on these areas. Anuncio • Nov 23
Breaker Resources NL Provides Update on Lake Roe Gold Project Breaker Resources NL announced the results from the next 10 holes or wedges drilled as part of its resource development infill program on the primary Northern Flat Lodes beneath the Bombora Prospect at its Lake Roe Gold Project. Pleasingly, every hole/wedge in this latest batch has returned high-grade gold intercepts which validate the interpretation and further enhances the continuity within the ore system. Best results include: 1m at 14.19 g/t gold from 191m in BBDD0149 (est. true width = 0.70m); 1.91m at 13.66 g/t gold from 543m in BBDD0149W1 (est. true width = 1.34m); 4m at 8.67 g/t gold from 445m in BBDD0150 (est. true width = 2.80m); 4.35m at 5.96 g/t gold from 484m in BBDD150W1 (est. true width = 3.05m); 1.5m at 11.18 g/t gold from 572m in BBDD150W1 (est. true width = 1.05m); 1.83m at 9.84 g/t gold from 515m in BBDD152W1 (est. true width = 1.28m); 1.07m at 9.38 g/t gold from 540m in BBDD154W1 (est. true width = 0.75m); 0.65m at 19.98 g/t gold from 549m in BBDD154W1 (est. true width = 0.46m); 1.9m at 13.46 g/t gold from 562m in BBDD0154W1 (est. true width = 1.33m). The Northern Flat Lodes are a series of stacked, shallow north plunging flat lodes located below and north of the future open pit. The flat lodes are mineralised consistently over 2km and display numerous hundred-metre-long high grade gold shoots, often associated with structure intersections.The Northern Flat Lodes plunging north from the proposed Bombora open pit manifest as stacked flatly dipping narrow, but high-grade lode structures typically 1-3m in thickness. The intersection of these with the NW trending and steeply east-dipping lodes, and the NW trending and west dipping lodes creates elongated corridors where much thicker and higher-grade shoots tend to form. The Bombora prospect at the Lake Roe Gold Project offers multiple open pit size/stage options with strong and demonstrable underground mining potential from the various primary lode structures. Resource development drilling continues at Bombora with the current focus on increasing drill density and structural validation of the higher-grade shoots within the flat lode structures. Pleasingly, in this late round of assays, every one of the 10 holes or wedges drilled has returned high-grade results with the infill line spacing now at 40m spaced lines. 