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To: LoneClone who wrote (17466)4/9/2008 10:57:11 PM
From: LoneClone  Read Replies (1) | Respond to of 194000
 
Breakaway boosts potential for more nickel at the Horn
Monday April 07, 2008 22:02:31 EDT
Sydney, Apr 08, 2008 (RWE via COMTEX News Network) --

es.quote.com

(RWE Australian Business News) Breakaway Resources Ltd (ASX:BRW) today reported further exploration success from the Horn Nickel Sulphide Deposit in Western Australia, with both new and historical TEM (transient electromagnetics) geophysical results indicating "excellent potential" to substantially extend the deposit beyond the currently defined strike extent of 350m, for which an initial resource estimate is being prepared.

In conjunction with successful stepout drilling, which is currently extending the delineation of the extent of the Horn deposit, surface and downhole TEM geophysics are being conducted to locate additional mineralisation immediately along strike of the deposit and in adjoining areas.

TEM is delivering "excellent" results, confirming the potential to further lift the extent of known nickel mineralisation, including:

a new shallow surface TEM anomaly 800m north of Horn deposit;

a downhole TEM anomaly at northern end of the deposit; and

several new surface TEM anomalies 600m south of the Horn.