Ballymore Resources Ltd Quarterly Activities Report
Key points
- Underground development at Dittmer gold mine progressed with upgraded access for drilling.
- Seventy Mile Mount drilling returned promising gold intersections.
- Torpy's drilling expanded the mineralised footprint with significant galena-sphalerite mineralisation.
- Secured $5.2m in an oversubscribed capital raising.
Full summary
Ballymore Resources Ltd reported significant progress across its projects for the quarter ended 30 June 2026. The Dittmer underground development saw the establishment of modern access and drill positions for the next phase of resource definition. Drilling at Seventy Mile Mount returned broad shallow mineralised zones with gold intersections. At Torpy's, drilling expanded the mineralised footprint with significant galena-sphalerite mineralisation. The company completed an expanded gravity survey across the Ruddygore mineral corridor, identifying multiple compelling gravity anomalies. Additionally, Ballymore secured $5.2m in a capital raising, strengthening its balance sheet.
Summary generated by a large language model. Please interpret with care.