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Ballard Mining Limited ( (AU:BM1) ) just unveiled an update.
Ballard Mining has resumed drilling at its fully permitted Mt Ida Gold Project and completed a 86,000-metre Phase 1 infill program at the Baldock deposit, ahead of an updated JORC Mineral Resource and a maiden Ore Reserve targeted for 2026. In 2026 the company will pursue an aggressive resource growth and project development strategy, combining extension drilling at Baldock (from 350m to 750m depth) with systematic exploration across 53 regional targets to increase scale, extend potential mine life to at least 5–6 years, and create multiple development options for a standalone gold operation at Mt Ida.
The most recent analyst rating on (AU:BM1) stock is a Buy with a A$1.05 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 (ASX: BM1) is a gold exploration and development company focused on the Mt Ida Gold Project in Western Australia’s Goldfields region. The project covers 26km of prospective greenstone belt and is anchored by the high-grade Baldock deposit, with additional regional prospects such as Kestrel, Golden Vale, West Knell and Bombay targeted to support a standalone mining operation and extend mine life.
Average Trading Volume: 810,673
Technical Sentiment Signal: Strong Buy
For a thorough assessment of BM1 stock, go to TipRanks’ Stock Analysis page.