Ballymore Resources Limited has intersected 2m at 580.4 g/t silver, 25.88% lead, 10.08% zinc and 8.7 g/t indium from 46m in hole BTPRC013 at the Torpy’s discovery within the Ruddygore Project near Chillagoe in North Queensland.

The latest assay results from the June 2026 reverse circulation drilling program confirm further shallow, high-grade polymetallic mineralisation. Drill hole BTPRC013 was completed 40m up-dip of previous drilling, successfully extending known mineralisation and reinforcing the company’s emerging high-grade shoot model along major fault structures.

Individual 1m samples from the program returned grades of up to 898.0 g/t silver, 39.59% lead and 10.35% zinc. While holes BTPRC014, BTPRC015 and BTPRC016 did not return significant high-grade intercepts, they intersected broad zones of silica-chlorite alteration and weak mineralisation interpreted as near-misses, providing valuable data to refine the geological model.

"These latest results are another important step forward for Torpy’s, with BTPRC013 delivering an exceptionally high-grade intersection 40m up-dip of our previous drilling."

"Importantly, the new results continue to support our geological model, which points to high-grade shoots developed along major fault structures. The combination of shallow mineralisation, strong grades and multiple additional targets gives us confidence that Torpy’s has considerable potential to grow."

— David A-Izzeddin, Managing Director

The broader June program comprised 22 drill holes for 2,609m across Torpy’s and Little Torpy’s. Ballymore holds a portfolio of four projects in Queensland, including Dittmer, Mount Molloy and Ravenswood alongside Ruddygore. Work at Ruddygore has also been supported by a high-resolution gravity survey across a 32km mineralised corridor, backed by Queensland Government Collaborative Exploration Initiative grants totalling A$383,000.

"With further assays still pending and a detailed drone magnetic survey about to commence, we are looking forward to building on these results and testing the next generation of targets across the greater Torpy’s district."

— David A-Izzeddin, Managing Director

Further assay results from the 22-hole drilling program remain pending, with preparations underway for a detailed drone magnetic survey to identify additional drill targets across the greater Torpy’s district.

Read the full announcement: Torpys delivers further high-grade silver-lead-zinc results