Announcement Date: 2022-07-19
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Ballymore Resources Ltd.
Project name: Dittmer
Location: Australia
Commodities: Gold,Silver,Copper
Highlight: Drilling results incl. 4.3m @ 29.02g/t Au, 11.1g/t Ag, 0.81% Cu from 118.4m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Ballymore Resources Limited (“Ballymore” or “the Company”) is pleased to provide an update on exploration at the Company’s Dittmer Gold Project, located near Proserpine in North Queensland. The Stage 2 underground drilling program has been completed and assay results have been received. Following the Stage 1 drilling program in 2021, Ballymore interpreted a fault displacement of the high-grade Duffer lode and the current Stage 2 program was designed to test this interpretation. All three holes in the Stage 2 program intersected quartz-chalcopyrite veining similar in style to ore mined in the historic, high-grade Dittmer mine with significant gold +/- copper mineralisation logged. Drill hole DTDD009 intersected significant quartz-chalcopyrite veining and reported 4.3m @ 29.02 g/t Au, 11.1 g/t Ag & 0.81% Cu from 118.4m, including 2.25m @ 54.9 g/t Au, 20.6 g/t Ag & 1.52% Cu from 118.4m and 0.5m @ 171.8 g/t Au, 56.4 g/t Ag & 5.28% Cu from 120.15m. The Dittmer Mine (also known as Kelsey Creek) is historically the largest mining operation in the Proserpine region and exploited the Duffer Reef. After its discovery in 1934, it became one of the highest-grade gold mines in Australia2 . From 1935 to 1951 it produced over 54,500 oz of gold (1,696 kg), 23,400 oz of silver (728 kg) and 295 long tons of copper (300 t) from
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