STAGE 4 DRILLING AT DITTMER STRIKES GOLD

High-Grade Intercepts at Duffer Lode

Ballymore Resources (ASX:BMR) Stage 4 drilling at the Dittmer mine has yielded a series of significant high-grade gold intercepts, confirming the quality and continuity of the Duffer Lode structure.

Exploration Success:

  • The recent drill assay results from the Dittmer mine’s ongoing Stage 4 program (DTDD029 – 033) have shown impressive high-grade gold intersections:
    • DTDD031: 2.9m at 16.01 g/t Au from 109.6m, including 0.9m at 51.21 g/t Au from 109.6m
    • DTDD032: 3.15m at 8.99 g/t Au from 93.85m, including 0.35m at 79.32 g/t Au from 94.75m
    • DTDD033: 1.80m at 12.85 g/t Au from 67.2m, including 1.2m at 19.13 g/t Au from 67.8m, and including 0.4m at 54.64 g/t Au from 67.8m

Drilling Program Achievements:

  • The current drilling program at Dittmer is building upon the success of the previous 28 holes, with a 100% strike rate for gold mineralisation continuity.
  • This next drilling phase is set to explore the lode’s depth extension and potential lateral expansion.

Forward-Looking Plans:

  • With the mineralisation confirmed to be open at depth and along strike, Ballymore is well into preparations for the subsequent step-out drilling program.

A Statement from Ballymore’s Technical Director, Mr. David A-Izzeddin:

These are outstanding drill results that give us great confidence in the quality of the Duffer Lode. Stage 4 was designed to infill previous drilling to confirm the lode’s continuity and exceptional grades, and it has delivered. The lode remains open at depth and the Company is preparing to undertake the next exciting phase to determine the lateral extent of this exciting discovery.

Our upcoming step-out drilling program will be the first major surface drilling program completed at Dittmer and will test the significant potential for strike extensions to the old mine area, as demonstrated by the large geochemical footprint and presence of high-grade historic surface workings over more than 2km, which have never been drilled previously.

Ballymore is well-funded and has a busy year ahead, testing the Dittmer project as well as our other exciting projects. These new drill results continue to demonstrate the potential for the Dittmer project to host a significant gold and copper system”

Read the full announcement

Goldman

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