Team Veye June 29, 2026

Ballymore Resources Reports Expanded Survey Identifying Multiple High-Priority Targets

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Ballymore Resources Limited (ASX: BMR) has released its Ruddygore Project gravity survey update on 29 June 2026, highlighting multiple high priority drill targets across its Chillagoe ground in North Queensland.

The expanded survey strengthened the case for a district scale mineral system and flagged new anomalies at Torpy’s, MAN03, Eleventh, Armada East and Maniopota.

Ballymore reported that the gravity results validate the high grade Torpy’s discovery and extend the exploration search beyond that area. The company added that the strongest targets are supported by coincident gravity, magnetic, electromagnetic and geochemical signatures which increases confidence in the next round of drilling.

The survey was originally designed to test dense massive sulphide and skarn systems but early success led Ballymore to expand coverage while crews were still in the field. A total of 1,948 gravity stations were completed and final modelling is expected to help rank a portfolio of drill ready targets.

The announcement also ties Ruddygore to broader exploration activity including previous drilling results from Torpy’s and planned work across the project over the coming months. Ballymore noted the program is being supported by A$383,000 in Queensland Government funding, helping reduce exploration costs while accelerating target generation.

(Source: Company Announcement)

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