Ballymore Resources Limited · ASX:BMR
Ballymore Resources — Shareholder Meeting (November 2025)
37 slides from Ballymore Resources's shareholder meeting presentation, Nov 20, 2025
Slide 1: Discovering Queensland's next major Gold and Copper Mine
Discovering Queensland’s next major Gold and Copper Mine Annual General Meeting 20 November 2025
Slide 2: Cautionary Statement
Cautionary Statement Cautionary Statement Certain statements made during or in connection with this statement contain or comprise certain forward-looking statements *11 – “Dittmer Mine Studies Underway Following Further Positive Drill Results” released 4 July 2023 regarding the Company’s Mineral Res
Slide 3: Introduction & Overview
Introduction & Overview CAPITAL STRUCTURE Why Ballymore Resources? Date 19 November 2025 Cash (as at 31 Sept 2025) A$4.7 million Shares on Issue 206.1 million 1 Four exciting projects targeting under-explored historic mining areas in Queensland Market Capitalisation A$39.2 million @ 19.0c Options 16
Slide 4: Portfolio Summary
Portfolio Summary Four under-explored projects in prolific mineral belts and close to infrastructure and operating mines RUDDYGORE PROJECT MOUNT MOLLOY PROJECT Cu, Au, Ag, Zn, Pb Cu, Ag, Zn Chillagoe District 50km northwest of Cairns • Same mineralised corridor as Red • Under-explored copper VHMS be
Slide 5: A Year of Achievement
2025 2025 has been another year of delivery A Year of Achievement and positions us well for an exciting 2026 Dittmer • Successful completion of Dittmer Stage 5 drilling program, including 0.40m @ 221.31g/t Au, 70.2g/t Ag, & 2.71% Cu • Land Court of Queensland recommended Dittmer Mining Lease and pro
Slide 6: Dittmer Project location
Dittmer Project Mt Carlton Mine Key Town Poorly explored historic mining 1.1 Moz Au 80km Road district. Rail BMR EPM EPM26912 BMR ML Exploring around one of the highest-grade Airlie Beach Other ML gold mines in Queensland. Mineral occurrence Large system relatively unexplored Proserpine • Similariti
Slide 7: Dittmer Project
Dittmer Project Repetition of bonanza-grade Mine Lode Bonanza Grades in New Extension recognised 30m from mine workings Stage 1 – 4 Drill Highlights • DTDD009A: 4.3m @ 29.02 g/t Au • incl 2.25m @ 54.9 g/t Au • DTDD019: 3.85m @ 26.03 g/t Au • Incl 2.0m @ 49.60 g/t Au • DTDD034: 3.0m @ 19.5g/t Au • In
Slide 8: Dittmer Project
Dittmer Project N S Stage 5 drilling Stage 5 drill program commenced in March • Significant results to date: • DTDD054: 3.65m @ 11.92 g/t Au incl 1.75m @ 24.65 g/t Au incl 0.8m @ 48.16 g/t Au • DTDD053: 2.85m @ 10.55 g/t Au incl 0.3m @ 99.8 g/t Au • DTDD056: 6.60m @ 13.67g/t Au, 4.4g/t Ag, & 0.18% C
Slide 9: DTDD056: 143.5 – 143.8m
DTDD056: 143.5 – 143.8m 0.40m @ 221.31g/t Au, 70.2g/t Ag, & 2.71% Cu ASX BMR | 9
Slide 10: Dittmer Project – Mine Studies
Dittmer Project Mine Studies • Opportunity being evaluated to commence small mining operation at Dittmer and leverage off high gold prices • Granted mining leases • Existing UG development in close proximity to mineralisation • Positive Metallurgical testwork results*: Dittmer Floatation Testwork •
Slide 11: Dittmer Project – Mining Lease Application
Dittmer Project ML 10340 Mining Lease Application Lamington EPM 26912 • Drilling and field work highlighting mineralization extending beyond ML 10341 • BMR applied for Dittmer Extended ML 100351 in 2023 – application process progressing Wilson • As part of the application process, matter was Dittmer
Slide 12: Dittmer Project – Next Steps
Dittmer Project Next Steps • Drilling has defined a number of high-grade shoots plunging to the south ASX BMR | 12
Slide 13: Dittmer Project – Next Steps
Dittmer Project Next Steps • Drilling has defined a number of high-grade shoots plunging to the south • Ballymore is preparing to commence development of new exploration drive to provide access for underground drilling pending grant of ML 100351 ASX BMR | 13
Slide 14: Dittmer Project – Next Steps
Dittmer Project Next Steps • Drilling has defined a number of high-grade shoots plunging to the south • Ballymore is preparing to commence development of new exploration drive to provide access for UG drilling pending grant of ML 100351 • Drilling planned to test extensions – Initial stage of 3,000m
Slide 15: Dittmer Project – Mine Development Activities
Dittmer Project Commenced development works at Dittmer to Mine Development Activities establishing modern access for trial mining and take off point of southern drive extension Site water storage and evaporation dam earthworks completed installation of power lines and transformer to provide mains po
Slide 16: Dittmer Project – The Big Picture
Dittmer Project The Big Picture • Production of 55,000oz gold from historic mine area (purple - 200m x 150m) • BMR has now drilled area adjacent to historic mine (orange - 300m x 200m). Drilling has been confined to the ML due to terrain and cost • Field work points to Dittmer being part of a larger
Slide 17: Dittmer Project – The Bigger Picture?
Dittmer Project The Bigger Picture? • Field work has potentially highlighted extensions to mineralised Dittmer corridor, doubling strike length to 4km* • Only 300m of the Dittmer fault corridor systematically drilled to date • Visible gold noted in eleven stream sediment samples • Assays up to 39g/t
Slide 18: Dittmer Project – Andromache IP Survey
Dittmer Project Andromache IP Survey • IP survey completed at Andromache, 20km south of Dittmer • Five lines of dipole-dipole IP were completed for 8.5 line-km • Chargeable anomalies recognized on margin of pipelike magnetic anomaly • Ground-checking has recognized veining and breccias • Drilling pl
Slide 19: Ravenswood Project
Ravenswood Project Drill-ready targets in 17Moz gold province. Geological similarities to the nearby Mount Leyshon (3.5 Moz Au), Ravenswood (4.9 Moz Au) & Mount Wright mines (1.0 Moz Au). Outstanding results reported: • Seventy Mile Mount – 40m @ 1.06 g/t Au from 46m* • Pinnacle – largest geochemica
Slide 20: Ravenswood Project – Seventy Mile Mount Drilling
Ravenswood Project Seventy Mile Mount Drilling • Breccia pipe located within highly prospective Mount Leyshon Corridor, approx 20 km south of Charters Towers and 7 km east- northeast of Mount Leyshon gold mine. • Mapping by BMR recognized second milled breccia on northern margin of pipe. • Initial d
Slide 21: Ruddygore Project
Ruddygore Project Soil Geochemistry Targeting major gold and base metal deposits. 100ppm Cu 100ppm Zn 558km2 of exploration licences 100ppm Pb Prolific historic mining district MUNGANA RED DOME • Project lies in the same mineralised corridor as Red Dome & Ruddygore Mungana mines (3.2Moz Au). Ruddygo
Slide 22: Ruddygore Project – Torpy's high-grade silver mine
Ruddygore Project Torpy’s high-grade silver mine • Production from 1904 to 1907 and 1912 to 1914 • 1912–1914 production quoted at 6,000 tons of ore yielding 84,000 oz silver & 920 tons of lead (i.e. average grade of 15.33% Pb & 435g/t Ag) • Orebody became unpayable in 1914 at 365ft due to increased
Slide 23: Ruddygore Project – Torpy's maiden drilling
Ruddygore Project Significant massive sulphide mineralization Torpy’s high-grade silver mine intersected in maiden drilling program • Four holes completed for 665m • Drill holes BTPRC002 & 004 intersected significant galena and sphalerite • Ore zones are discrete and high-grade. Holes 1 & 3, targete
Slide 24: News Flow
News Flow • Development of Dittmer Exploration Drive – development of modern access underway for trial mining and new drill sites • Seventy Mile Mount drilling program – testing down-dip extension to shallow gold in breccia pipe • Torpy’s drilling program – testing high-grade silver-lead-zinc lenses
Slide 25: Investment Highlights
Investment Highlights Established Mining Experienced Multiple High- Mine Studies Jurisdiction Management Team Potential Projects Underway • Long mining history • Track record of discovery, project • Over 1,500km2 of exploration • Granted mining leases • World class gold and development, mining opera
Slide 26: 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
Slide 27: Additional Slides
ADDITIONAL SLIDES ASX BMR | 27
Slide 28: 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 Managing Director
Slide 29: Dittmer Project – Regional Potential
Dittmer Project Surface drilling program has extended the interpreted Regional Potential strike length of the structure to over 2 kilometres Major mineralised system Dittmer Looking West identified - only limited exploration and drilling completed. 2km of other shallow historic workings. Extensive c
Slide 30: Dittmer Project – A range of different deposit styles
Dittmer Project A range of different deposit styles Duffer Lode DTDD031 Juvilon Creek Stockwork Golden Treasure Breccia Andromache Cedar Ridge Stockwork Sheeted Veins ASX BMR | 30
Slide 31: Ruddygore Mine
Ruddygore Mine Part of a larger porphyry system • Historic production of 29,293t @ 3.9% Cu, 56g/t Ag (1903-09) • Porphyry stockwork, vein and breccia styles of mineralisation • Extensive alteration zone (sericite, chlorite, silica, pyrite) mapped over 3–4km2 • 4.5 km x 1.5 km demagnetised zone • Lim
Slide 32: Ruddygore Mine – Planned drilling
Ruddygore Mine Planned drilling – targeting shallow copper resource • 1,000m x 200m Cu-in-soil anomaly • 700m x 200m IP chargeability anomaly • Rock chips up to 32.5% Cu & 471 g/t Ag • Substantial shallow drill results • BMR has drilled 6 homes for 1800m and reported significant shallow copper: ➢ BR
Slide 33: Maniopota
Maniopota • Mining commenced in 1905 and area hosts a series of pits and shafts over Major skarn system 1km strike • Potential for shallow resources of high-grade Cu-Zn-Pb-Ag-Au • Similar geological setting to Mungana & Red Dome – 8 km x 0.5 km demagnetised zone • Rock chips up to 15.0g/t Au, 22.2 %
Slide 34: Maniopota – Soil Sampling
Maniopota Soil Sampling Au Pb • Maniopota forms part of a greater 22km soil anomaly in the same corridor as the Red Dome and Mungana mines • Assay results have defined a significant 3,000m x 350m Zn-Pb-Cu-Au soil anomaly on the structural contact between the Almaden Granodiorite and sediments of the
Slide 35: Maniopota – Airborne EM Survey Results
Maniopota Airborne EM Survey Results • SkyTEM Low-frequency Time Domain EM & Magnetic system flown in August 2024 • Numerous EM targets identified that warrant follow-up and possibly drilling • Priority Targets: • MAN03: Ground check of anomaly revealed that skarn alteration present but no intrusive
Slide 36: Mt Molloy Project
Mt Molloy Project Mine averaged 8.7% Cu 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 results* including: • MM018: 31.8
Slide 37: Mt Molloy Project
Mt Molloy Project Major historic copper mine. ASX BMR | 37
Ballymore Resources — Shareholder Meeting (November 2025) on 6ix