Ballymore Resources Begins Dittmer Mine Studies Following Promising Results

Jul 04, 2023

Ballymore Resources Limited (ASX: BMR) declared the recent drill results at the Dittmer Mine and announced the commencement of a mining study. The outcomes of the drilling campaign have been consistently positive, further reinforcing the potential of the project. Of particular significance is the identification of high-grade mineralization situated within a mere 20 meters of the existing underground access. This discovery is highly promising as it indicates the potential for significant cost savings in future mining operations, particularly in terms of development capital expenses.

The proximity of the mineralization to the access points will streamline the extraction process and reduce the need for extensive infrastructure development. These favorable conditions underscore the economic viability and attractiveness of the Dittmer Mine. Ballymore Resources is optimistic about the project's prospects and will continue to leverage the ongoing regional works and the forthcoming Mineral Resource Estimate (MRE) and metallurgical test work to inform the re-opening studies of the mine.

 

 

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