Multiple new high-grade shoots at Torpys expand discovery

• Follow-up drilling at Torpy's has expanded the high-grade silver-lead-zinc-indium discovery.
• Four new mineralised shoots have been identified beyond the historic mine.
• Strong visual sulphide mineralisation continues to be intersected at shallow depths.

Ballymore Resources Limited has reported significant progress at its high-grade Torpy's silver-lead-zinc-indium discovery in North Queensland. Follow-up drilling has expanded the discovery footprint, identifying four new mineralised shoots beyond the historic mine. Visual estimates indicate strong sulphide mineralisation, including significant galena and sphalerite. The mineralisation remains open, with numerous untested structural targets across the broader Torpy's area. Initial assays from the current drilling campaign are expected this month.

Ballymore Resources anticipates several catalysts over the coming months, including assay results from the current drilling campaign, additional testing of newly identified mineralised shoots, results from the Ruddygore gravity survey, and generation of new drill targets.