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Ballymore Resources Limited ( (AU:BMR) ) just unveiled an announcement.
Ballymore Resources Limited has reported significant progress in its exploration efforts for the quarter ended December 2024. The company has identified a new gold-copper target at its Dittmer Project, with a magnetic survey highlighting a substantial anomaly beneath the historic mine. This discovery supports the company’s belief that the area may host a larger porphyry copper-gold system. Ballymore plans to commence deep drilling to explore this potential further, which could enhance its market position and offer promising implications for stakeholders.
More about Ballymore Resources Limited
Ballymore Resources Limited operates in the mining industry, focusing on exploration projects in Queensland’s prolific mineral belts. The company is primarily involved in advancing projects that produce gold, copper, lead, zinc, and other critical minerals.
YTD Price Performance: 4.17%
Average Trading Volume: 100,704
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$22.09M
For an in-depth examination of BMR stock, go to TipRanks’ Stock Analysis page.
