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Ballymore Resources Limited ( (AU:BMR) ) just unveiled an announcement.
Ballymore Resources Limited has announced successful metallurgical test results for its Dittmer Project, confirming excellent recovery rates for gold, silver, and copper through both flotation and cyanide leaching methods. These results enhance the company’s confidence in its processing methodologies as it plans to restart operations. The positive outcomes from these tests are expected to aid discussions with third-party processors and support the company’s sustainability commitments. Additionally, Ballymore is advancing its mining lease application, which aims to expand underground access and unlock further mineralization, promising significant regional benefits.
More about Ballymore Resources Limited
Ballymore Resources Limited operates in the mining industry, focusing on the extraction and processing of gold, silver, and copper. The company is particularly invested in its Dittmer Project, which was one of the highest-grade gold mines in Queensland when operational.
Average Trading Volume: 278,077
Technical Sentiment Signal: Buy
Current Market Cap: A$27.39M
Learn more about BMR stock on TipRanks’ Stock Analysis page.