Ballymore Resources (ASX:BMR) Announces Dittmer Gold Project Drilling Plans
Drilling Campaign Overview
Ballymore Resources (ASX:BMR) is positioned to commence a significant 2,000 metres Stage 5 diamond drilling program in February at the Dittmer Gold Project in Queensland. This initiative will focus on extending known mineralisation and exploring a substantial porphyry magnetic body located 400 metres below the historic Dittmer mine. The company highlights that past drilling has achieved exceptional results, with all 42 drill holes intersecting gold mineralisation.
Research and Results
The planned drilling follows a successful campaign in previous years, which yielded bonanza intersections, such as 4.3 metres at 29.02 g/t Au. Mr David A-Izzeddin, Managing Director of Ballymore, stated, “Ballymore Resources had a transformational year in 2024 with ongoing success around our Dittmer project. Preparations are well advanced to resume drilling at Dittmer, to expand on the exciting drill results reported around the mine last year.” The completion of this drilling program will facilitate an initial Mineral Resource estimation for the untested areas of Dittmer.
Future Drilling Targets
The upcoming campaign includes plans for deep-drilling to explore the porphyry target believed to be analogous to significant copper-gold deposits in Eastern Australia. Additionally, Ballymore is proceeding with its Cedar Ridge and Day Dawn drilling programs, which have also shown promising results, suggesting the presence of an underlying porphyry source.
Company Outlook
Looking ahead, Ballymore plans multiple activities throughout 2025, including geological reviews and metallurgical testing results. The company remains committed to exploring and expanding its resource potential within the promising mineral belt of Queensland.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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