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Ballymore Resources Limited ( (AU:BMR) ) has provided an announcement.
Ballymore Resources Limited has announced significant results from its Stage 5 drilling program at the Dittmer Project, highlighting exceptional gold grades and continuity in the Duffer Lode extension. The company has completed nine drill holes this year, all intersecting the lode structure with notable veining. Assay results from specific drill holes have returned impressive gold grades, reinforcing the company’s geological model and indicating a large gold system at Dittmer. Additionally, Ballymore is pursuing an application for a larger Mining Lease to expand underground workings and enhance drilling capabilities, which could have positive implications for their operational efficiency and environmental impact.
More about Ballymore Resources Limited
Ballymore Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and development. Their flagship project is the Dittmer Project in North Queensland, where they are actively engaged in drilling programs to explore and extend gold mineralization.
Average Trading Volume: 261,220
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$25.63M
For detailed information about BMR stock, go to TipRanks’ Stock Analysis page.