en.Wedoany.com Reported - Ballymore Resources (ASX:BMR) has paused drilling operations at the Torpy's Discovery target in North Queensland, Australia, having completed 22 holes that continue to expand the extent of this high-grade silver-lead-zinc-indium mineralization system.
The company completed 2,673 meters of reverse circulation drilling at the Torpy's and Little Torpy's targets within the Ruddygore project near Chillagoe. Visual estimates from the latest holes show BTPRC030 intersected 22 meters at 34 meters, with estimated grades of 4% lead and 5% zinc, including 11 meters at 42 meters with estimated grades of 8% lead and 9% zinc. BTPRC031 intersected 10 meters at 66 meters, with estimated grades of 6% lead and 8% zinc, including 3 meters at 68 meters with estimated grades of 15% lead and 20% zinc.
Managing Director David A-Izzeddin said the company continues to intersect broad zones of sulfide mineralization while expanding the known extent of the system. He also noted that the company is not simply continuing to drill within the existing discovery area, but is taking the opportunity to integrate all datasets to prioritize the most prospective drilling targets for the next phase.
The current project is based on Ballymore's 2025 discovery hole BTPRC005, which intersected 23 meters at 130 meters grading 215.60 g/t silver, 8.55% lead, and 1.99% zinc, including 10 meters at 130 meters grading 483.20 g/t silver, 19.35% lead, 2.82% zinc, and 16.50 g/t indium.
Recent drilling has continued to intersect massive to semi-massive sulfide mineralization at both targets. Among them, BTPRC022 intersected 17 meters at 15 meters grading 2% galena and 3% sphalerite, with 1 meter at 16 meters grading 10% galena and 15% sphalerite. Fieldwork continues to identify additional historical mining workings beyond the existing drilling area. Rock chip sampling from historical Torpy's mine waste returned grades of up to 696 g/t silver and 79.28% lead, while newly identified mining workings returned 288.84 g/t silver, 12.46% lead, and 4.10 g/t indium.
The company completed a high-resolution gravity survey along a 32-kilometer corridor, comprising 1,948 stations, identifying numerous significant gravity anomalies and additional high-priority targets within the Torpy's-Little Torpy's corridor. Ballymore Resources is currently completing detailed 3D modeling and integrating all available geophysical and geological datasets to refine target selection for the next drilling campaign. Assay results from the current drilling, final gravity survey results, and new drilling targets are expected to be announced in the coming months, with drilling set to resume once modeling is complete.
