Breakthrough Minerals reports encouraging soil sampling results at its Errolls Gold Project in Western Australia, setting the stage for imminent reverse circulation drilling. The company maintains a solid cash position of approximately AUD 1.68 million to support exploration activities.
- Strong gold anomalism detected along Youanmi Shear Zone at Errolls
- 221 soil samples collected, highlighting prospective zones under transported cover
- Plans underway to commence reverse circulation drilling at Errolls Gold Project
- Cash balance stands at around AUD 1.68 million at quarter end
- Limited activity at Llama Lithium Project as focus remains on gold exploration
Exploration Highlights at Errolls Gold Project
Breakthrough Minerals Limited (ASX – BTM) has delivered a compelling update for the September 2025 quarter, spotlighting promising exploration results from its 100% owned Errolls Gold Project in Western Australia’s Murchison region. The company’s recently completed soil sampling program has revealed significant gold anomalism along the Youanmi Shear Zone, a major structural feature interpreted as a key control on mineralisation.
The Errolls project, located within the Barrambie Greenstone Belt, is notable for its historical high-grade gold production, with past mining yielding over 5,200 ounces at an impressive average grade of 17.6 grams per tonne. Modern exploration has been relatively shallow, leaving open the potential for extensions of high-grade lodes both along strike and at depth.
Soil Sampling Results and Geological Insights
During the quarter, Breakthrough collected 221 soil samples, primarily from residual soils about 5cm below surface, with deeper sampling under transported sandy alluvial cover in the northern part of the project. The results identified three key zones of anomalism – strong signals south of the main workings possibly linked to mineralisation or mine runoff; broad anomalism west of Errolls suggesting a parallel structural target; and moderate anomalism extending north along strike, supporting the interpreted NNW trend of mineralisation.
While some anomalism may be influenced by historic mine tailings or transported material, the spatial distribution and strength of the anomalies provide a compelling rationale for follow-up drilling. The company plans to initiate reverse circulation (RC) drilling to test these targets, with preliminary aircore drilling proposed to better define the geology and shear zone location in covered areas.
Financial Position and Strategic Focus
Breakthrough Minerals ended the quarter with a cash balance of approximately AUD 1.68 million, providing a solid financial foundation to advance exploration at Errolls. The company’s expenditure during the quarter reflected ongoing exploration and corporate costs, including payments to related parties consistent with prior disclosures.
Meanwhile, activities at the Llama Lithium Project in Quebec remain limited to desktop reviews as Breakthrough prioritises capital allocation towards the gold project. The company continues to explore strategic partnerships to unlock value in its lithium assets, but the immediate focus is clearly on advancing the Errolls Gold Project.
Looking Ahead
With soil sampling confirming the prospectivity of the Errolls trend and drilling preparations underway, Breakthrough Minerals is positioning itself to potentially expand the footprint of high-grade gold mineralisation in a historically productive region. The upcoming drilling campaign will be critical in validating the geochemical targets and could significantly enhance the project’s resource potential.
Bottom Line?
Breakthrough Minerals’ next drilling results at Errolls will be pivotal in confirming the extent of high-grade gold mineralisation and shaping its exploration trajectory.
Questions in the middle?
- Will the upcoming RC drilling confirm extensions of high-grade gold mineralisation at Errolls?
- How will Breakthrough balance exploration funding between its gold and lithium projects moving forward?
- What strategic partnerships might emerge to accelerate development of the Llama Lithium Project?