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Ballymore Resources Limited (ASX:BMR)

ALERT: Price-sensitive ASX Announcement for BMR
Current share price for BMR : $0.130 -0.105 (-44.68%)+
Announcement
Release
24 Feb 2026 9:36AM
Price at Release
$0.235
Full Release
download
Summary
Ballymore Resources Limited is advancing its Dittmer high-grade gold project with resource drilling and trial mining scheduled for Q2 2026. Significant progress has been made on developing a new modern-scale portal to facilitate a dual-track strategy at the Dittmer Project. The Stage 6 Resource Drilling, which includes 3,000 meters of drilling, aims to explore the Duffer Lode fault extension and evaluate a 4 km mineralized corridor, expected to support the maiden Mineral Resource Estimate. Trial mining within the granted Mining Lease (ML 10341) is planned, focusing on recovering high-grade historic backfill and remnant pillars. Ballymore's approach is characterized by phased and risk-managed strategies, with all necessary regulatory approvals in place. The project employs a local workforce from the Whitsunday region.
Key Points
  • Significant progress on new portal development at Dittmer Project.
  • Stage 6 Resource Drilling (3,000m) planned for Q2 2026.
  • Trial mining within granted Mining Lease (ML 10341).
  • Focus on high-grade historic backfill and remnant pillars recovery.
  • Ballymore's dual-track strategy for resource delineation.
  • Regulatory approvals in place for project works.
  • Local workforce employed from Whitsunday region.
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.