Ballymore Advances Exploration at Ruddygore Project
Ballymore Resources Limited (ASX: BMR) has commenced a major high-resolution gravity survey across its Ruddygore Project in North Queensland, targeting large-scale silver-lead-zinc and copper-gold mineral systems. The survey spans a 32-kilometre mineralised corridor and is designed to enhance subsurface geological understanding while refining future drill targets.
The exploration program includes detailed surveys over key prospects such as Torpy’s, MAN03, Eleventh, and Armada East, where previous work identified promising skarn-porphyry and polymetallic mineralisation. Ballymore expects the integration of gravity data with existing electromagnetic datasets to improve targeting accuracy and reduce exploration risk.
The program is supported by Queensland Government funding through the Collaborative Exploration Initiative, with grants totalling AU$383,000 plus GST allocated for exploration activities at Ruddygore and Dittmer. The survey is expected to conclude within three weeks, with rapid interpretation planned to accelerate drilling campaigns. Meanwhile, drilling activities continue at the Torpy’s prospect, where recent results continue to support the project’s expansion potential.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Ballymore Advances Exploration at Ruddygore Project
Ballymore Resources Limited (ASX: BMR) has commenced a major high-resolution gravity survey across its Ruddygore Project in North Queensland, targeting large-scale silver-lead-zinc and copper-gold mineral systems. The survey spans a 32-kilometre mineralised corridor and is designed to enhance subsurface geological understanding while refining future drill targets.
The exploration program includes detailed surveys over key prospects such as Torpy’s, MAN03, Eleventh, and Armada East, where previous work identified promising skarn-porphyry and polymetallic mineralisation. Ballymore expects the integration of gravity data with existing electromagnetic datasets to improve targeting accuracy and reduce exploration risk.
The program is supported by Queensland Government funding through the Collaborative Exploration Initiative, with grants totalling AU$383,000 plus GST allocated for exploration activities at Ruddygore and Dittmer. The survey is expected to conclude within three weeks, with rapid interpretation planned to accelerate drilling campaigns. Meanwhile, drilling activities continue at the Torpy’s prospect, where recent results continue to support the project’s expansion potential.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au