Ballymore Resources Limited’s Dittmer Project Stage 5: Exceptional High-Grade Gold-Silver-Copper Intersections & $250K CEI Deep Drill Fuels Expansion Potential

Wednesday, July 30, 2025
at
10:34 am
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Ballymore Resources Limited accelerates growth at the Dittmer Project in North Queensland. Stage 5 drilling delivered record gold, silver, and copper intersections while confirming an extended high-grade zone. These encouraging results set the stage for cost-effective follow-up drilling and promising exploration opportunities for investors and beginner traders.

Ballymore Resources Limited has advanced its Dittmer Project in North Queensland with a series of promising drilling results that underscore the potential for expanded high-grade mineralization. The recent Stage 5 campaign, comprising 14 holes and over 3,150 metres of drilling, has confirmed that the high-grade mineralized lode—previously identified along the historic mine—extends to the south and remains open along strike and at depth. Notably, one drill hole intercepted 15.0 metres grading 2.13 g/t gold and 0.8 g/t silver, including a tighter 2.10-metre interval at 13.25 g/t gold and 4.1 g/t silver, while another hole recorded a brief but very high-grade interval of 0.5 metres with 41.28 g/t gold, 128.5 g/t silver, and 5.63% copper. The company also completed a deep diamond drill hole, funded by a Collaborative Exploration Initiative grant, which targeted a pipe-like magnetic anomaly interpreted as a porphyry intrusion. This hole, drilled to nearly 1,000 metres, intersected the Duffer Lode some 400 metres below previous drilling and encountered a widespread stockwork of quartz and pyrite, suggesting the possibility of a much larger hydrothermal system at depth. These technical indicators support Ballymore’s updated exploration model and hint at significant extensions to the currently defined mineralization. Preparations are underway for an underground exploration drive to gain further access to the southern extension of the deposit. This initiative is pending a new Mining Lease approval, with the Queensland Land Court having recommended ministerial endorsement for both the lease and the associated environmental authority. The planned follow-up drilling program, estimated at 3,000 metres, aims to test an approximate 300 by 200 metre area with minimal surface disturbance, which could help delineate a broader area of mineralization in a cost-effective manner. The news has sparked both optimism and caution. Bullish sentiment stems from the high-grade and thickening mineralized shoots affirmed by the recent intersections, the encouraging deep drilling results, and the potential for a large undrilled system to add significant value to the project. Investors may view the successful validation of the updated geological model as a strong indicator of the project’s long-term potential. On the other hand, a degree of caution remains due to the pending final assay data, the need for further exploration to fully define resource parameters, and the reliance on regulatory approvals which could influence near-term project timelines.

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