Ballymore Resources Limited · ASX:BMR
Ballymore Resources — Sydney RIU Conference 2024
19 slides from Ballymore Resources's conference presentation, May 2024
Slide 1: Discovering Queensland's next major Gold and Copper Mine
Discovering Queensland’s next major Gold and Copper Mine Sydney RIU Conference May 2024
Slide 2: Disclaimer
Disclaimer Cautionary Statement *5 – “Acquisition of 100% of Ravenswood Project” released on 18 November 2021 *6 – “Seventy Mile Mount Drilling & CEI Drill Hole Completed” released on 14 December 2021 Certain statements made during or in connection with this statement contain or comprise certain for
Slide 3: To restart Australia's highest-grade gold mine at Dittmer
Strategy To restart Australia’s highest-grade gold mine at Dittmer. • Studies to validate a rapid, low CAPEX restart opportunity at our Dittmer Gold Project with major recent investment by Taurus. • Immediate goal is to delineate the Dittmer resource, to support pathways to production, while continu
Slide 4: Corporate snapshot
Corporate snapshot $11.1 million of funds raised, including $7.5 million directly on Dittmer via Taurus Royalty funding. Share price Market capitalisation Gold price (USD/oz)* $2301 Copper price (USD/lbs)* $4.49 12 months to 2 May 2024 12 months to 2 May 2024 A$0.125c A$22.09m $2014 $3.90 As at 2 Ma
Slide 5: High-quality exploration portfolio
High-quality Quality targets competing exploration portfolio for capital 01 02 03 04 Dittmer Project Ravenswood Project Ruddygore Project Mt Molloy Project Au, Cu, Ag Au, Ag Cu, Au, Ag, Zn, Pb,Mo,W Cu, Zn, Ag 20km west of Proserpine, Qld Charters Towers, Qld Chillagoe, Qld 50km north-west of Cairns,
Slide 6: Dittmer Project
Dittmer Project Mt Carlton Mine Key Town Near term production path with large 1.1 Moz Au 80km Road footprint of workings never drilled. Rail BMR EPM EPM26912 BMR ML Hosts the historic Dittmer mine - one of Airlie Beach Other ML the highest-grade gold mines in Australia Mineral occurrence when in ope
Slide 7: Dittmer Project: Re-Opened Historic Mine
Dittmer Project Re-Opened Historic Mine ASX BMR | 7
Slide 8: Dittmer Project: High-grade gold discovery
Dittmer Project High-grade gold discovery BMR drilling has confirmed that main lode has been displaced and continues less than 30m away from historic workings. Drilling highlights DISPLACED Number of drill holes Drilling in Stage 1-4 DTDD009 LODE intersected lode 4.3m @ 29.0g/t Au, 11g/t Ag & 0.81%
Slide 9: Dittmer Project: Stage drilling
Dittmer Project Stage 4 drilling High-grade drill assay results received for the Stage 4 program* – more results coming High-grade gold intersections include: DTDD031: 2.9m @ 16.01 g/t Au including 0.9m @ 51.21 g/t Au DTDD032: 3.15m @ 8.99 g/t Au including 0.35m @ 79.32 g/t Au DTDD033: 1.80m @ 12.85
Slide 10: Dittmer Project Regional Potential
Dittmer Project Preparations underway to commence Regional Potential surface drilling program, targeting this major system Major mineralised system identified in Dittmer area Dittmer Looking West with only limited exploration and drilling completed. 2km of other shallow historic workings. Work compl
Slide 11: Collaborative Exploration Initiative (CEI) Grants
Collaborative Exploration Ballymore awarded two grants totalling A$600,000* Initiative (CEI) Grants A$300,000 to conduct low level heli-borne gradient A$300,000 to conduct a heli-borne electro-magnetic Magnetic and Radiometric survey over the entire survey (AEM) at Maniopota prospect – scheduled for
Slide 12: A successful start. An exciting future.
A successful start. An exciting future. Four quality projects in Queensland’s best mining districts with gold, copper and critical minerals: 01 02 Dittmer Project Ravenswood Project Au, Cu, Ag Au, Ag Large-scale gold system. Drill-ready targets in 17Moz gold Restart studies underway on high- provinc
Slide 13: Other Slides
Other Slides + Ballymore
Slide 14: Success driven leadership team
Success driven leadership team We’ve driven successful outcomes and substantial shareholder value in mining over many years: Discovery / Delineation • Mount Wright (1.0Moz Au) Andrew Greville David A-Izzeddin Nick Jorss Andrew Gilbert • Ravenswood (4.8Moz Au) Non-Executive Chairman Executive Directo
Slide 15: Transformational partnership with Taurus
Transformational Non-dilutive funding secured to advance Dittmer Project partnership with Taurus $11.1 million total funding package, including $7.5 million directly on Dittmer via Taurus Royalty funding. Proceeds will be used to: Terms: • Taurus Funds Management has acquired a variable gross • Acce
Slide 16: Ruddygore Project
Ruddygore Project Targeting major gold and base metal deposits. Prolific historic mining district • Project lies in the same mineralised corridor as Red Dome & Mungana mines (3.2Moz Au). Major historic mines within Ruddygore Project: • Ruddygore – major shallow, copper system with historic workings
Slide 17: Ravenswood Project
Ravenswood Project Gold from Pinnacle Area Drill-ready targets in 17Moz gold province. Geological similarities to the nearby Mount Leyshon (3.5 Moz Au), Ravenswood (4.9 Moz Day Dawn Au) & Mount Wright mines (1.0 Moz Au). Old pits, quartz outcrop Mt Wright Rock chips up to 127.1g/t Au & 7,100 g/t Ag
Slide 18: Mt Molloy Project
Mt Molloy Project 50km north-west of Cairns, Queensland Acreage 78km2 Under-explored copper VHMS belt. Sampling confirms significant copper system over 3km long corridor • High-grade copper-zinc-silver mineralisation. Sampling of the mineralised horizon has reported significant high-grade copper res
Slide 19: eNews
Ballymore Resources Ltd Suite 606, Level 6 ABN 72 632 893 611 10 Market Street Brisbane, ASX:BMR Queensland, 4000 Australia David A-Izzeddin Managing Director eNews daizzeddin@ballymoreres.com Join the conversation Follow us Subscribe to our e-news: +61 7 3212 6299 twitter.com/BallymoreRes https://w