Ballymore Resources Limited ( (AU:BMR) ) has shared an announcement.
Ballymore Resources has initiated a Stage 5 diamond drilling campaign at its Dittmer Gold Project, aiming to build on previous successes and potentially restart mining operations. The project, which has a history of high-grade gold production, is expected to benefit from current high gold prices, potentially delivering significant value to shareholders. The drilling program will focus on infill and step-out drilling to support preliminary mineral resource estimates and mining scoping studies, with all previous drilling efforts successfully intersecting gold mineralization.
More about Ballymore Resources Limited
Ballymore Resources Limited operates in the mining industry, focusing on the exploration and development of gold and copper resources. The company’s primary project is the Dittmer Gold Project in North Queensland, which includes historic high-grade gold mines and large porphyry copper deposits.
YTD Price Performance: -12.50%
Average Trading Volume: 85,984
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$18.56M
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