Ballymore Hits Richest Silver-Lead Intersection Yet at Torpy’s as Metals Rally Builds

Ballymore Resources Limited ( (AU:BMR) ) has provided an announcement.

Ballymore Resources has reported its richest drill results to date from the Torpy’s prospect near Chillagoe in north Queensland, with reverse circulation hole BTPRC005 intersecting 23 metres at 215.6 g/t silver, 8.55% lead and 1.99% zinc from 130 metres, including a standout 7 metres at 650.7 g/t silver, 25.37% lead and 3.01% zinc. The hole also returned high indium grades and anomalous gold and copper, while zinc distribution suggests a halo that may help vector to additional high-grade shoots. Assays are pending for a broad mineralised interval at the nearby Little Torpy’s prospect and logging and sampling are under way on the first diamond hole at Torpy’s, with further downhole EM and follow-up drilling planned when weather allows. In parallel, drilling at Seventy Mile Mount is close to completion and underground development at the Dittmer gold project is advancing toward a major step-out drilling phase in the second quarter of 2026, positioning Ballymore to capitalise on strengthening gold and silver prices amid a broader metals rally.

The most recent analyst rating on (AU:BMR) stock is a Hold with a A$0.34 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 exploration company focused on precious and base metals, including silver, lead, zinc, gold, copper and indium, with key projects in north Queensland such as the Torpy’s prospect near Chillagoe, Seventy Mile Mount and the Dittmer gold project.

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Technical Sentiment Signal: Buy

Current Market Cap: A$66.19M

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