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Ballymore Resources Limited (ASX:BMR)

ALERT: Price-sensitive ASX Announcement for BMR
Current share price for BMR : $0.125 0.01 (8.70%)+
Announcement
Release
4 Aug 2026 9:43AM
Price at Release
$0.115
Full Release
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Summary
Ballymore Resources Limited has reported promising high-grade silver-lead-zinc-indium mineralisation results from their Torpy’s discovery project near Chillagoe in North Queensland. The recent drilling campaign, which is part of a more extensive exploration effort, has yielded significant intersections that extend the known mineralisation closer to the surface. Major intersections include 14m at 76.6 g/t silver, 3.43% lead, 2.32% zinc, and 3.7 g/t indium. The company is focusing on further exploration to develop Torpy's into a significant polymetallic discovery within the historic Chillagoe mining district. New targets are being identified through gravity surveys, mapping, and rock-chip sampling, enhancing Ballymore’s strategy to define the mineralised footprint and progress towards a Mineral Resource definition.
Key Points
  • Ballymore Resources Limited has announced high-grade silver-lead-zinc-indium mineralisation at the Torpy's discovery near Chillagoe, North Queensland.
  • The drilling campaign has returned significant results, extending high-grade mineralisation closer to the surface.
  • Key intersections include 14m @ 76.6 g/t Ag, 3.43% Pb, 2.32% Zn & 3.7 g/t In, and 29m @ 71.3 g/t Ag, 3.64% Pb, 2.19% Zn & 7.1 g/t In.
  • The results are part of a larger drilling campaign, with numerous additional intersections awaiting assay.
  • The discovery is supported by new targets identified through gravity surveys, mapping, and rock-chip sampling.
  • Ballymore aims to expand the defined mineralised footprint and work towards Mineral Resource definition at Torpy's.
  • The company continues to conduct further drilling and exploration activities to unlock the full potential of the discovery.
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.