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Ballymore Resources Limited (ASX:BMR)

ALERT: Price-sensitive ASX Announcement for BMR
Current share price for BMR : $0.125 -0.02 (-13.79%)+
Announcement
Release
16 Sep 2025 9:09AM
Price at Release
$0.145
Full Release
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Summary
Ballymore Resources Limited has reported significant progress in its Dittmer High-Grade Gold Project in North Queensland, Australia. The company has received final assay results from its Stage 5 drilling program, which continue to deliver high-grade gold, silver, and copper intersections, enhancing the confidence in the continuity of the high-grade Duffer Lode’s extension. Ballymore is preparing for further exploration and underground excavation to test southern extensions of the Duffer Lode. With a successful capital raise and high gold prices, Ballymore is fast-tracking its efforts to delineate resources to support early production. The company has also completed an induced polarisation survey at the Andromache prospect 20km south of Dittmer, targeting potential porphyry copper deposits, which has shown promising preliminary results.
Key Points
  • Final assay results for Stage 5 drilling at Dittmer Gold Project show high-grade gold, silver, and copper.
  • Ballymore Resources is preparing for southern extension drilling of the Duffer Lode.
  • Successful capital raise to support further exploration and potential early production.
  • Completion of Andromache IP survey targeting potential porphyry copper deposits.
  • High gold prices are driving fast-tracked exploration and resource delineation efforts.
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.