Ballymore Resources Extends High-Grade Mineralisation at Torpy's
Key points
- Follow-up drilling extends Torpy's high-grade mineralisation towards surface
- Notable intersections include 10m @ 90.3g/t Ag, 8.72% Pb, 9.08% Zn and 2.4g/t In
- Shallow high-grade mineralisation supports interpretation of multiple mineralised shoots
- Further assays pending for additional holes with visual mineralisation
Full summary
Ballymore Resources Limited (ASX: BMR) has reported further high-grade silver-lead-zinc-indium assay results from its Torpy's discovery near Chillagoe in North Queensland. The latest drilling extends high-grade mineralisation approximately 30m up-dip of previously reported intersections, highlighting the shallow nature and growing extent of the mineralised system. Significant intersections include 10m @ 90.3g/t Ag, 8.72% Pb, 9.08% Zn and 2.4g/t In from 49m in BTPRC017, and 5m @ 149.4g/t Ag, 6.92% Pb, 9.09% Zn and 3.5g/t In from 27m in BTPRC018. The results support Ballymore's interpretation of multiple high-grade mineralised shoots within a broader polymetallic system. Assays remain pending for 5 more holes from Torpy's and 5 holes from Little Torpy's, several of which recorded strong visual galena and sphalerite mineralisation.
Outlook
Ballymore plans to integrate the latest results with pending assays before finalising its interpretation and prioritising follow-up targets. Further exploration activities include a gravity survey and a drone magnetic survey scheduled to commence next month.
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