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Ballymore Resources Limited (ASX:BMR)

ALERT: Price-sensitive ASX Announcement for BMR
Current share price for BMR : $0.130 -0.03 (-18.75%)+
Release
2 Sep 2025 9:17AM
Price at Release
$0.160
Full Release
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Summary
Ballymore Resources Limited has identified significant polymetallic targets at the Maniopota site as part of its exploration activities. The Maniopota region, within the Chillagoe Formation and adjacent to Almaden Granodiorite, has demonstrated high-grade mineralization potential, as evidenced through extensive electromagnetic survey results and historical mining data. Key targets have shown significant occurrences of copper, lead, zinc, silver, and gold, with high-grade rock chip samples reporting up to 22.20% Cu, 31.2% Pb, and 39.7% Zn, among other minerals. Several priority electromagnetic (EM) targets have been identified, featuring complex magnetic anomalies and strong mid-late time EM conductors, indicative of underlying mineral-rich zones. Ballymore plans to continue geological mapping, geochemistry, ground geophysics, and drilling to further delineate these targets over the next two years. This exploration strategy is aimed at enhancing the understanding of the underlying mineral systems and expanding the resource potential of the Maniopota area.
Key Points
  • Ballymore Resources Limited identifies significant polymetallic targets at Maniopota.
  • The site features high-grade mineral occurrences, including copper, lead, zinc, silver, and gold.
  • Historical mining activities and EM surveys highlight strong potential for mineralization.
  • Key samples reveal up to 22.20% Cu, 31.2% Pb, and 39.7% Zn.
  • Ballymore plans further geological mapping, geochemistry, and drilling to expand resource potential.
  • Priority EM targets exhibit complex magnetic anomalies and strong EM conductors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.