Breakthrough Minerals (ASX:BTM) is an Australian gold exploration company with a particular focus on the newly acquired Errolls Gold Project in Western Australia’s mineral-rich Barrambie Greenstone Belt.
Investment Highlights
Re-capitalised company with a focus on a highly prospective Gold project in the Barrambie Greenstone Belt, and global operational experience both globally and in Australia
The highly prospective Errolls Gold Project is in a region with a history of High-Grade discoveries in multiple gold centres, and surrounded by multiple additional targets
Shallow, high-grade intercepts from historical drilling include:
- 22m @ 7.46g/t Au from surface, incl. 5m @ 31.76g/t Au and 3m @ 51.85g/t Au
- 20m @ 2.74g/t Au from 14m, incl. 6m @ 7.24g/t Au
- 11m @ 6.88g/t Au from 14m, incl. 6m @ 12.3g/t Au
Errolls is immediately adjacent to NeoMetals Limited’s (ASX:NMT) Barrambie Gold Project with an Exploration Target of between 8Mt @ 1.3g/t Au - 10.5Mt @ 2.3g/t Au for 335k - 775k oz Au1
Experienced team with relevant lithium exploration and development track record, with DG to provide technical and geological expertise and exploration oversight as in-country consultant
1) Neometals’ ASX Announcement, 23 September 2024
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Peretz Schapiro
“Breakthrough is focused on the exploration and development of high-grade Australian gold projects. The acquisition of the Errolls Gold Project marks a significant step in building a quality asset base in proven gold terrains. We continue to assess opportunities that can enhance our portfolio and deliver long-term value for shareholders.”
