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Ballymore Resources Limited ( (AU:BMR) ) just unveiled an announcement.
Ballymore Resources Limited is advancing its Dittmer Gold Project in North Queensland, with recent drilling results reinforcing the high-grade potential of the Duffer Lode. The company is preparing to extend its exploration efforts to the southern extension of the lode, following successful assays from Stage 5 drilling that revealed significant gold, silver, and copper intersections. The completion of a capital raise is supporting these efforts, as Ballymore aims to delineate a resource and move towards production. Additionally, a regional survey has identified potential porphyry copper targets, further enhancing the project’s prospectivity.
More about Ballymore Resources Limited
Ballymore Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold, silver, and copper resources. The company is particularly active in North Queensland, where it is working on the Dittmer Gold Project.
Average Trading Volume: 155,711
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$31.96M
See more data about BMR stock on TipRanks’ Stock Analysis page.