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Ballymore Resources Limited ( (AU:BMR) ) has provided an announcement.
Ballymore Resources Limited has announced significant findings from its maiden reverse circulation drilling campaign at the historical Torpy’s Crooked Creek silver mine, part of the Ruddygore Project in north Queensland. The drilling has discovered substantial zones of massive sulphide mineralization, particularly lead-zinc, which could extend the historic mine’s resources. This discovery, which includes intersections of sphalerite and galena, is expected to enhance the company’s operational prospects and industry positioning, with further assay results anticipated in December.
More about Ballymore Resources Limited
Ballymore Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of silver, lead, and zinc, with a market focus on high-grade mineral deposits.
Average Trading Volume: 114,725
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$31.96M
For an in-depth examination of BMR stock, go to TipRanks’ Overview page.