Ballymore Resources Records 3m at 160.9g/t Silver and 33.7% Combined Lead-Zinc at Little Torpy's

Mukul

04 November 2026 10:15 AM AEDT

Ballymore Resources Records 3m at 160.9g/t Silver and 33.7% Combined Lead-Zinc at Little Torpy's

Image Source: Krish Capital Pty Ltd

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Ballymore Resources (ASX:BMR) has received final assays from its 2026 Stage 1 drilling campaign at the Torpy's silver-lead-zinc discovery within the Ruddygore Project in North Queensland, with hole BTPRC031 returning 3m at 160.9g/t silver, 19.8% lead and 13.9% zinc from 68m — the strongest massive sulphide intersection recorded at the Little Torpy's prospect to date.

Key Points

BTPRC031 returned 3m at 160.9g/t silver, 19.8% lead and 13.9% zinc from 68m, within a broader 16m at 35.9g/t silver, 4.5% lead and 3.4% zinc from 65m
BTPRC030 intersected 22m at 47.3g/t silver, 3.4% lead and 3.3% zinc from 34m, including 9m at 90.0g/t silver, 6.3% lead and 6.2% zinc from 44m
Little Torpy's is located approximately 600m south of the main Torpy's discovery, with three drill holes now confirming significant high-grade mineralisation
The 22-hole, 2,609m reverse circulation program is complete, with follow-up drilling planned before the end of 2026, subject to target selection, operational planning and weather

Little Torpy's Drilling Results from BTPRC030 and BTPRC031

The final five holes of the campaign, BTPRC027 through BTPRC031, were drilled at Little Torpy's for a total of 502m. BTPRC031 intersected the strongest sulphide mineralisation identified at the prospect, with individual metres reporting up to 1m at 245.6g/t silver, 27.5% lead and 11.3% zinc from 69m. BTPRC030, collared alongside BTPRC031, intersected a broad zone of mineralisation from 34m extending from the rhyolite dyke into the underlying greywacke, with individual metres reaching up to 1m at 151.9g/t silver, 12.2% lead and 12.2% zinc from 52m. Chalcopyrite was also observed in BTPRC030, with assays returning up to 1m at 0.33% copper, 120.6g/t silver, 7.2% lead and 6.2% zinc from 44m.

Second High-Grade Zone Confirmed 600 Metres from Main Discovery

Little Torpy's was first identified through surface sampling, which returned rock chips of up to 287.6g/t silver, 24.1% lead and 7.3% zinc. The first drill hole into the prospect, BTPRC007, confirmed high-grade mineralisation at shallow depth, returning 30m at 58.4g/t silver, 4.29% lead and 3.70% zinc from 22m, including 1m at 293.0g/t silver, 19.96% lead and 9.36% zinc from 45m. The new results from BTPRC030 and BTPRC031 show that Little Torpy's hosts significant sulphide mineralisation within a broader and more complex geological setting than first recognised. Drill holes BTPRC008, BTPRC027, BTPRC028 and BTPRC029, drilled beneath the main mineralised shoot, encountered only weak mineralisation.

Structural Controls Identified and Follow-Up Drilling Planned

According to the filing, the highest grades at Little Torpy's occur where rhyolite dykes intersect fault zones, with both BTPRC030 and BTPRC031 intersecting significant galena and sphalerite mineralisation immediately adjacent to rhyolite dyke contacts. The dykes are interpreted to act as structural or competency contrasts that focus mineralising fluids. Indium grades at Little Torpy's are lower than at the main Torpy's zone, reaching up to 1.34g/t indium in BTPRC031. The 2026 Stage 1 campaign comprising 22 holes and 2,609m of reverse circulation drilling is now complete, with follow-up drilling in preparation and supported by modelling of new gravity data, subject to target selection, operational planning and weather.

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