Ballymore Resources reports high-grade extensions at Torpy’s discovery

By Mining Hub News Desk
3 August 2026, 8:32 p.m. EDT 1 min read

Ballymore Resources (BMR) has intersected broad zones of massive sulphide mineralisation at its Ruddygore project in North Queensland, returning high-grade silver, lead, zinc, and indium. Assay results from the first two holes of a 22-hole program confirmed that mineralisation extends closer to the surface, supporting the company’s current high-grade shoot model.

Torpy's continues to grow with new high-grade results – image 5
Drilling at the Torpy's Project.. Source: Ballymore Resources Ltd

Key intercepts from the drilling include 14 metres at 76.6 g/t silver, 3.43% lead, 2.32% zinc, and 3.7 g/t indium from 76 metres in hole BTPRC010. Additionally, hole BTPRC011 returned 29 metres at 71.3 g/t silver, 3.64% lead, 2.19% zinc, and 7.1 g/t indium from 105 metres. Individual samples within these zones reached grades as high as 434.4 g/t silver and 27.09% lead.

"Torpy's continues to deliver - these latest results have extended high-grade mineralisation closer to surface and provide further evidence of multiple high-grade shoots."

"Importantly, these are only the first results from a much larger drilling campaign, with numerous additional intersections still awaiting assay."

"We believe we are still in the early stages of unlocking the full potential of this emerging discovery."

— David A-Izzeddin, Managing Director

The company is currently awaiting laboratory analysis for six additional drill holes from the same campaign. Alongside ongoing drilling, Ballymore continues to conduct gravity surveys, mapping, and rock-chip sampling across the district to identify further targets as it works toward a potential mineral resource definition.

Read the full announcement: Torpy's continues to grow with new high-grade results