Ballymore Resources Limited · ASX:BMR
Ballymore Resources — Brisbane Mining Conference 2022
21 slides from Ballymore Resources's conference presentation, Mar 24, 2022
Slide 1: Brisbane Mining Conference
For personal use only Brisbane Mining Conference Au Ag Cu 24 March 2022
Slide 2: Disclaimer
Disclaimer Cautionary Statement For personal use only Certain statements made during or in connection with this statement contain or comprise certain *1 - Ballymore Prospectus released on 1 September 2021 forward-looking statements regarding the Company’s Mineral Resources, exploration operations *2
Slide 3: Corporate Overview
Corporate Overview For personal use only Corporate Information Board of Directors ASX Code BMR Nick Jorss 30 years in engineering, investment banking Non Executive Chairman and resources. Currently Executive Chair of Share Price (as at 21/3/2022) $0.175 B. Eng. MBA Bowen Coking Coal and founding MD
Slide 4: Ballymore Resources – Investment Highlights
Ballymore Resources – Investment Highlights For personal use only 1 2 3 Three highly prospective projects Drill ready targets to test Experienced team with in prolific Queensland mineral belts high priority areas: track record of success: Extensive historic workings for gold, copper, silver, Major d
Slide 5: Project Overview – under-explored projects in prolific mineral belts
Project Overview – under-explored projects in prolific mineral belts For personal use only Ruddygore Project (558 km2) Large copper porphyry target • Extensive historic workings • Rock chips up to 32.5% Cu & 471 g/t Ag • Major porphyry target defined at Ruddygore Ravenswood Project (309 km2) Drill r
Slide 6: Ruddygore Project
For personal use only Ruddygore Project 6
Slide 7: Ruddygore Project – Copper porphyry and skarn mineralisation
Ruddygore Project – Copper porphyry and skarn mineralisation For personal use only Major copper-silver porphyry target at Ruddygore • Area mined in the early 1900s but little modern exploration • Additional bulk polymetallic targets at Maniopota and Torpy’s Crooked Creek • Historic mines sit within
Slide 8: Ruddygore Mine – drilling of bulk tonnage porphyry copper target
Ruddygore Mine – drilling of bulk tonnage porphyry copper target For personal use only IP survey confirms large copper target • Mined 29,293 t @ 3.9% Cu, 56 g/t Ag 32.5% Cu & 477 g/t Ag (1903 & 1909) • Porphyry style mineralisation hosted in stockworks, veins and breccias • Major soil sampling progr
Slide 9: Ravenswood Project
For personal use only Matthews Pinnacle Seventy Mile Mount Middle Mount Ravenswood Project 9
Slide 10: Ravenswood Project – surrounded by major gold deposits
Ravenswood Project – surrounded by major gold deposits For personal use only Targeting major gold deposits in Mt Leyshon Corridor • 309km2 of tenement in highly prospective Mount Leyshon Corridor • Geological similarities to nearby Mount Leyshon (3.8 Moz Au) and Ravenswood (4.8 Moz Au) mines • Bally
Slide 11: Ravenswood Project – Mount Leyshon Corridor
Ravenswood Project – Mount Leyshon Corridor For personal use only Highly prospective Mount Leyshon Corridor hosts widespread precious and base metal mineralisation – many targets inadequately tested 11
Slide 12: Seventy Mile Mount – bulk tonnage gold breccia target
Seventy Mile Mount – bulk tonnage gold breccia target For personal use only Large breccia and alteration zone • Significant drill intersections into intrusive breccia on side of hill • Most drilling has not specifically targeted breccia on side of pipe and most intersections are in the top 100m – la
Slide 13: Seventy Mile Mount – bulk tonnage gold breccia target
Seventy Mile Mount – bulk tonnage gold breccia target For personal use only Successful initial drilling program • First drilling completed in the area since 2004 • Drilling has confirmed that newly mapped breccia is mineralised and extended the previously defined zone of mineralisation • Shallow, br
Slide 14: Seventy Mile Mount – bulk tonnage gold breccia target
Seventy Mile Mount – bulk tonnage gold breccia target For personal use only Total Resource 1.0 Moz @ 3.3 g/t Au Mount Wright & Seventy Mile Mount host a mineralised breccia on margin of brecciated granite pipe with grade improving at depth 14
Slide 15: Ravenswood Project – Day Dawn Vein target
Ravenswood Project – Day Dawn Vein target For personal use only • Extensive zone of quartz veining recognised within Mount Leyshon Corridor along strike from Hadleigh Castle and Disraeli mines • Large, 1,400m x 300m gold-lead soil anomaly defined and extends beyond current coverage of rock chip samp
Slide 16: Dittmer Project
For personal use only Dittmer Project 16
Slide 17: Dittmer Project – targeting bulk tonnage gold and copper deposits
Dittmer Project – targeting bulk tonnage gold and copper deposits For personal use only Under-explored historic gold and mineral field • Exploring for bulk-tonnage vein-hosted and breccia-hosted gold deposits as well as porphyry Cu deposits within 488 km2 of permits • Similarities with Ravenswood –
Slide 18: Around Dittmer Mine – Aiming to bulk up high-grade gold lodes
Around Dittmer Mine – Aiming to bulk up high-grade gold lodes For personal use only Under-explored historic gold and mineral field • Dittmer was the largest gold mine in region - historically produced 55,000 oz Au, 23,000 oz Ag and 660,000 lb Cu at mined grade of 151 g/t Au, 66 g/t Ag and 2.8% Cu (a
Slide 19: Dittmer Mine – High grade historic workings
Dittmer Mine – High grade historic workings LAMINGTON For personal use only Drilling has recognised Dittmer Re-accessed mine to test for extensions with underground drilling and sampling Shear which displaces the high- grade Duffer Lode - 2.0 m at 5,395 g/t Ag & 2.08% Cu - 3.0m @ 6.37 g/t Au - 9.1m
Slide 20: Forward work plan – multiple drill targets to drive near term news flow
Forward work plan – multiple drill targets to drive near term news flow For personal use only Over 10,000m of drilling is planned over multiple advanced targets over the next 18 months: • Ruddygore Project Drilling • Ruddygore bulk tonnage copper porphyry target underway • Torpy’s Crooked Creek silv
Slide 21: Contact us
Contact us: Registered Office Suite 606, Level 6, 10 Market Street, For personal use only Brisbane QLD 4000 Phone +617 3212 6299 Email investors@ballymoreres.com Website www.ballymoreresources.com 21
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