Ballymore Resources Limited · ASX:BMR
Ballymore Resources — Shareholder Meeting (November 2024)
29 slides from Ballymore Resources's shareholder meeting presentation, Nov 21, 2024
Slide 1: Discovering Queensland's next major Gold and Copper Mine
Discovering Queensland’s next major Gold and Copper Mine AGM 21 November 2024
Slide 2: Disclaimer
Disclaimer Cautionary Statement *9 – “Dittmer Drilling Confirms Displaced High Grade Extension” released on 20 June 2022 *10 – “Broad Near Surface Copper Intersection at Ruddygore” released on 15 July 2022 Certain statements made during or in connection with this statement contain or comprise certai
Slide 3: 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)* $2636 Copper price (USD/lbs)* 12 months to 11 October 2024 12 months to 11October 2024 A$0.14c A$24.74m $4.39 As at 20 Novem
Slide 4: Project Location
Project Location Mt Molloy Project Ruddygore Project Ravenswood Project ASX BMR | 4
Slide 5: Project Location
Project Location MOUNT MOLLOY PROJECT RUDDYGORE PROJECT RAVENSWOOD PROJECT DITTMER PROJECT ASX BMR | 5
Slide 6: Mt Carlton Mine
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 Exploring around one of the highest-grade Airlie Beach Other ML gold mines in Queensland. Mineral occurrence Large system relatively un
Slide 7: Dittmer Project
Dittmer Project Two Granted Mining Leases, Mining Lease Application & over 500km2 of Exploration Licences Mining Lease Application ASX BMR | 7
Slide 8: Dittmer Project
Dittmer Project Access to the underground mine Re-Opened Historic Mine has allowed mapping, sampling and drilling shorter holes all year round ASX BMR | 8
Slide 9: Dittmer Project
Dittmer Project Dittmer mine never drilled Underground Development & Drilling prior to BMR in 2021 42 holes drilled for 8,636m with 100% strike rate ASX BMR | 9
Slide 10: Dittmer Project
Dittmer Project Mine Lode historically produced Mine Lode 55,000oz Au @ 151 g/t Au ASX BMR | 10
Slide 11: Dittmer Project
Dittmer Project Historic Mine Lode displaced Mine Lode & Duffer Shear 200m below surface ASX BMR | 11
Slide 12: Dittmer Project
Dittmer Project Repetition of bonanza-grade Mine Lode Mine Lode, Duffer Shear & New Lode recognised 30m from mine workings New Lode within 30m of historic workings ASX BMR | 12
Slide 13: Dittmer Project
Dittmer Project Oblique view Mine Lode & New Lode Mine Lode New Lode ASX BMR | 13
Slide 14: Drilling Highlights
Dittmer Project Drilling Highlights Drilling Highlights ASX BMR | 14
Slide 15: 2024 in Review
Dittmer Project 2024 in Review • Stage 4 UG diamond drilling program • Dittmer Surface drilling program • Cedar Ridge RC drilling program • Dittmer regional magnetic & radiometric survey • Soil sampling & prospecting • Metallurgical testwork (in progress) • Advancing ML application ASX BMR | 15
Slide 16: Stage drilling
Dittmer Project Stage 4 drilling Completed in May 2024 and delivered further high- grade drill assay results 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 g/t Au i
Slide 17: Regional Potential
Dittmer Project Surface drilling program targeting Regional Potential 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 completed by BMR: Extensive copper-gold
Slide 18: Soil Geochemistry - Gold
Dittmer Project Extensive gold anomalies extending Soil Geochemistry - Gold for up to 2km ASX BMR | 18
Slide 19: Soil Geochemistry - Copper
Dittmer Project Significant copper anomaly adjacent Soil Geochemistry - Copper to Dittmer mine – possible underlying porphyry copper system ASX BMR | 19
Slide 20: Rock Chip Geochemistry – Bonanza Gold
Dittmer Project Rock Chip Geochemistry – Bonanza Gold* Lamington Loch Neigh Dittmer Circular feature overlying pipelike mag anomaly * “Drill results extend Dittmer mineralised zone. Duffer lode rock chips deliver bonanza results up to 807 g/t Au” released 19 September 2024 ASX BMR | 20
Slide 21: Magnetic Model
Dittmer Project Major 1,200m x 800m pipelike magnetic Magnetic Model body 400m beneath Dittmer mine* NRG’s Xplorer heli-borne magnetic survey being flown over the Dittmer Magnetic anomaly similar to other major porphyry Au-Cu systems in Eastern Australia • Northparkes (3.3Moz gold / 2.9Mt copper) *
Slide 22: 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 | 22
Slide 23: Next Steps
Dittmer Project Next Steps • Receive assay results for Cedar Ridge RC program and Dittmer surface drilling results • Regional review of new magnetic / radiometric datasets • Preparations underway to drill Dittmer porphyry target in Q1 2025 • Step-out drilling of Dittmer mine area • Mine studies and
Slide 24: 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 25: Mt Molloy Project
Mt Molloy Project 50km north-west of Cairns, Queensland Acreage 78km2 Under-explored copper VHMS belt. Historic production @ Sampling confirms significant copper system 8.7% Cu over 3km long corridor • High-grade copper-zinc-silver mineralisation. Sampling of the mineralised horizon has reported sig
Slide 26: 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 27: 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 – completed Aug
Slide 28: A successful start. An exciting future.
A successful start. An exciting future. • Highly active explorer reinvigorating key historic projects • Four quality projects in Queensland’s best mining districts with gold, copper and other critical minerals • Well funded • Highly successful 2024 field program • Aggressive work program planned for
Slide 29: 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
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