Ballymore advances Dittmer access works ahead of Q2 drilling and trial mining

An update from Ballymore Resources Limited ( (AU:BMR) ) is now available.

Ballymore Resources is accelerating development at its Dittmer high‑grade gold project in North Queensland, with access expansion works for a new modern‑scale portal progressing to enable both resource drilling and trial mining in Q2 2026. The strategy is designed to provide safe, low‑cost underground drilling access to the Duffer Lode’s southern extension while opening historic workings for bulk sampling.

The planned 3,000m Stage 6 resource drilling campaign will target extensions along a 4km mineralised corridor, supporting a maiden Mineral Resource Estimate at what was historically one of Australia’s highest‑grade gold mines. At the same time, recovery of high‑grade backfill and remnant pillars for mill‑scale testwork is expected to inform economic studies for a potential mine restart, potentially reducing drilling costs by more than $2.5 million and advancing Ballymore’s path toward near‑term production.

The most recent analyst rating on (AU:BMR) stock is a Sell with a A$0.24 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.

More about Ballymore Resources Limited

Ballymore Resources Limited (ASX:BMR) is an Australian mineral explorer focused on gold, copper and silver projects, with a key focus on the historic high‑grade Dittmer Gold Project in North Queensland. The company is advancing underground resource drilling and trial mining within an existing mining lease, aiming to define a maiden mineral resource and assess the potential restart of past producing operations.

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Technical Sentiment Signal: Buy

Current Market Cap: A$52.77M

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