Torpys Discovery Grows as Drilling and Field Work Delivers
| Stock | Ballymore Resources Ltd (BMR.ASX) |
|---|---|
| Release Time | 3 Jul 2026, 10:04 a.m. |
| Price Sensitive | Yes |
Ballymore Resources Updates on Torpy's Discovery Expansion
- Follow-up drilling expands Ballymore's high-grade silver-lead-zinc-indium discovery at Torpy's.
- Recent drilling confirms continuity and scale of mineralisation.
- Gravity survey highlights new targets across Ruddygore Project.
- Field work discovers more historic workings with high-grade mineralisation.
- Drill assays and gravity modelling results expected in coming months.
Ballymore Resources Limited (ASX: BMR) has reported positive results from its ongoing exploration activities at the Torpy's silver-lead-zinc-indium discovery near Chillagoe in North Queensland. The recent drilling program has successfully completed 22 RC holes, intersecting further broad zones of massive to semi-massive sulphide mineralisation. Visual estimates from the latest drilling include significant galena and sphalerite mineralisation. Additionally, a recently completed gravity survey has identified multiple new anomalies across the Ruddygore mineral corridor, providing compelling new targets for the next phase of drilling. Field work has also discovered more historic workings with rock chips returning up to 288.8g/t silver and 12.46% lead, confirming the mineral system extends beyond the current drilling area. Drill assays and gravity modelling results are expected in the coming months and will be used to guide follow-up drilling.