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The latest announcement is out from Ballymore Resources Limited ( (AU:BMR) ).
Ballymore Resources advanced development at its Dittmer Project in Queensland during the March 2026 quarter, completing major underground access expansion to enable a 3,000m Stage 6 resource drilling program and trial mining in the June quarter. The company aims to test southern extensions of the Duffer Lode, evaluate the broader Dittmer corridor, and generate data for a maiden Mineral Resource Estimate and potential mine restart.
The explorer extended the Dittmer gold corridor to more than 5km, with visible gold in stream sediments and assays up to 24.28g/t at Mount Quandong, while Torpy’s continued to deliver high-grade silver-lead-zinc-indium results and the first Little Torpy’s drill hole indicated broader system potential. Ballymore also strengthened its funding position with A$383,000 in new CEI support and A$400,000 in CEI reimbursements, underpinning ongoing drilling, metallurgical testwork, and economic evaluation activities.
More about Ballymore Resources Limited
Ballymore Resources Limited is an Australian mineral exploration and development company focused on high-grade gold and base metal projects in Queensland. Its flagship Dittmer Project near Proserpine hosts the historic Dittmer gold mine and a broader gold corridor, alongside additional gold and porphyry-style silver-lead-zinc-indium targets such as Torpy’s and Little Torpy’s.
Average Trading Volume: 189,964
Technical Sentiment Signal: Sell
Current Market Cap: A$30.11M
For an in-depth examination of BMR stock, go to TipRanks’ Overview page.