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Ballard Mining Limited ( (AU:BM1) ) just unveiled an announcement.
Ballard Mining Limited has announced an update on its exploration activities at the Mt Ida Gold Project, highlighting the commencement of a Phase 1 exploration drilling program targeting 18 high-priority areas. The company has successfully installed three water bores, ensuring a reliable water supply for processing needs, which is a crucial step in de-risking the project. The ongoing drilling programs, including infill and extensional drilling, aim to convert inferred resources to indicated status and extend existing resources, potentially enhancing the project’s value and advancing towards development.
The most recent analyst rating on (AU:BM1) stock is a Buy with a A$0.65 price target. To see the full list of analyst forecasts on Ballard Mining Limited stock, see the AU:BM1 Stock Forecast page.
More about Ballard Mining Limited
Ballard Mining Limited is a company operating in the mining industry, focusing on gold exploration and development. Their primary project, the Mt Ida Gold Project, is located in the Goldfields region of Western Australia and covers a 26km greenstone belt. The project includes six granted mining leases and is fully permitted for both open pit and underground mining.
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For an in-depth examination of BM1 stock, go to TipRanks’ Overview page.