InvestSMART

Ballymore Resources Limited (ASX:BMR)

ALERT: Price-sensitive ASX Announcement for BMR
Current share price for BMR : $0.130 0.025 (23.81%)+
Announcement
Release
11 Jun 2026 9:12AM
Price at Release
$0.105
Full Release
download
Summary
Ballymore Resources Limited has reported on their latest drilling activities at the Torpy’s discovery within the Ruddygore Project in North Queensland. The company has completed 10 drill holes totaling 1,288 meters, which have intersected significant sulphide mineralization, expanding the known footprint of the discovery. This recent drilling has led to the identification of multiple new high-grade mineralized shoots beyond the historic Torpy’s mine. These findings suggest the presence of at least five separate mineralized shoots across the Torpy’s system, enhancing the potential scale of the discovery. The mineralization remains open in several directions with further assays and exploration activities planned. Ballymore continues to advance this project along with their other endeavors in Queensland, aiming to capitalize on the district-scale exploration potential.
Key Points
  • Ballymore Resources has expanded the footprint of their Torpy’s discovery.
  • The current drilling program has identified multiple new high-grade mineralized shoots.
  • Significant sulphide mineralization was intersected in recent drill holes.
  • The mineralization is open in several directions, with further exploration planned.
  • Torpy’s discovery is part of Ballymore's 100%-owned Ruddygore Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.