Ballymore Resources Unearths Further High-Grade Silver-Lead-Zinc at Torpy’s Discovery

Company News

by Finance News Network


Ballymore Resources Limited (ASX: BMR), a Queensland-focused exploration and development company advancing a portfolio of gold and base metals projects, has announced further high-grade silver-lead-zinc-indium assay results from drilling at its Torpy’s discovery within the Ruddygore Project near Chillagoe in North Queensland. The latest assays confirm significant shallow, polymetallic mineralisation, with new results from drill hole BTPRC013 showcasing a 2-metre intersection grading 580.4 grams per tonne (g/t) silver, 25.88% lead, 10.08% zinc, and 8.7 g/t indium from 46 metres.

This drill hole, alongside BTPRC012, has extended the known mineralisation 40 metres up-dip from previous significant intersections, further supporting Ballymore’s emerging high-grade shoot geological model. Additional significant intersections include 7 metres at 170.0 g/t silver, 7.60% lead, 3.27% zinc, and 2.9 g/t indium from 44 metres in BTPRC013, and 4 metres at 130.9 g/t silver, 4.78% lead, 0.64% zinc, and 1.4 g/t indium from 54 metres in BTPRC012. Individual 1-metre samples returned grades of up to 898.0 g/t silver, 39.59% lead, and 10.35% zinc.

Ballymore Managing Director, Mr. David A-Izzeddin, stated these results are “another important step forward for Torpy’s,” highlighting the exceptionally high-grade intersection in BTPRC013 and its consistency with their geological model. He added that the combination of shallow mineralisation, strong grades, and multiple additional targets provides confidence in Torpy’s considerable growth potential. The company awaits further assay results and is preparing for a detailed drone magnetic survey to identify additional drill targets across the wider Torpy’s district.


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