Ballymore Resources Limited · ASX:BMR
Ballymore Resources — Brisbane Mining Investor Conference 2023
23 slides from Ballymore Resources's conference presentation, Mar 23, 2023
Slide 1: Brisbane Mining Investor Conference
For personal use only Brisbane Mining Investor Conference Au Ag Cu 23 March 2023
Slide 2: Disclaimer - Cautionary Statement
Disclaimer Cautionary Statement For personal use only Certain statements made during or in connection with this statement contain or comprise certain *4 – “Ruddygore IP Survey confirms large copper target” released on 10 November 2021 forward-looking statements regarding the Company’s Mineral Resour
Slide 3: Ballymore Strategy - discovering and developing the next major gold-base metal mine
Ballymore Strategy - discovering and developing the next major gold-base metal mine For personal use only Project area has produced 40Moz gold as well as significant • Listed September 2021 (Ticker ASX:BMR) copper, lead, zinc and other critical minerals • Four highly prospective projects in prolific
Slide 4: Project Overview
Project Overview Four exciting, under-explored projects in prolific mineral belts in close For personal use only proximity to infrastructure and operating mines Dittmer Project Ruddygore Project • Highest-grade gold mine in • Large tenement holding in Queensland when operating Chillagoe district (3.
Slide 5: Corporate Overview
Corporate Overview For personal use only • The Ballymore team has driven successful outcomes and Board of Directors substantial shareholder value in mining over many years: Nick Jorss • Engineer and investment banker - Discovery / Delineation – Mount Wright (1.0Moz Au), Non Executive • Exec. Chair o
Slide 6: Dittmer Project
For personal use only Dittmer Project 6
Slide 7: Dittmer Project – major under-explored gold province
Dittmer Project – major under-explored gold province • Largest tenement holder – 2 granted ML’s & 488km2 of EPM’s For personal use only • Gold first discovered in 1890’s • One of the highest-grade gold mines in Australia – average grade of 151.1g/t Au, 66.8g/t Ag and 2.8% Cu • Numerous historic mine
Slide 8: Dittmer Project – high-grade gold discovery
Dittmer Project – high-grade gold discovery For personal use only • Dittmer mine never drilled prior to Ballymore in 2020 High-grade fault extension • Faulted bonanza extension discovered by first drilling to Dittmer Lode discovered program ➢ DTDD009: 4.3m @ 29.0 g/t Au, 11 g/t Ag & 0.81% Cu includi
Slide 9: Dittmer Project – successful drilling program
Dittmer Project – successful drilling program • To date 19 holes drilled for 4,242m For personal use only • Excellent continuity • Significant intersections of veins over an area of 260m x 200m to date • Duffer lode structure is often >2m in true width & >20 metre-grams gold (up to 125 metre-grams A
Slide 10: Dittmer Project – potential for major high grade gold project
Dittmer Project – potential for major high grade gold project For personal use only • Dittmer potentially part of larger system • Extensive unexplored historic workings - potential for lodes to get larger at depth and at intersection of faults • Other exploration potential remains untested: - Porphy
Slide 11: Ruddygore Project
For personal use only Ruddygore Project 11
Slide 12: Ruddygore Project – Targeting major gold and base metal deposits
Ruddygore Project – Targeting major gold and base metal deposits For personal use only • Large tenement holding of 558km2 • Same mineralised corridor as Red Dome and Mungana • Hosts several major historic mines • Exploring for bulk tonnage gold, copper and other base metal deposits 12
Slide 13: Ruddygore Target – shallow mineralisation discovered
Ruddygore Target – shallow mineralisation discovered For personal use only • Major mineralised zone – 2.8km x 1.9km • Initial drilling targeted historic mine - Significant shallow copper intersections: ➢ BRURD002: 86m @ 0.47% Cu and 11 g/t Ag from 4m Incl 14m @ 0.90% Cu & 21 g/t Ag from 22m And 17m
Slide 14: Ruddygore Project – potential for large porphyry-skarn deposits
Ruddygore Project – potential for large porphyry-skarn deposits For personal use only Ruddygore • Major mineralised system (2.8km x 1.9km) Maniopota • Along strike from Red Dome & Mungana • Extensive historic workings & significant soil anomaly Torpy’s Crooked Creek Scardons Bottom Camp Ruddygore RU
Slide 15: Ravenswood Project
For personal use only Matthews Pinnacle Seventy Mile Mount Middle Mount Ravenswood Project 15
Slide 16: Ravenswood Project – surrounded by major gold deposits
Ravenswood Project – surrounded by major gold deposits For personal use only • Targeting gold deposits in prospective Mount Leyshon Corridor • Tenement holding of 309km2 • Geological similarities to nearby Mount Leyshon (3.8 Moz Au) and Ravenswood (5.8 Moz Au) mines Mount Leyshon Mine – operated bet
Slide 17: Seventy Mile Mount – testing major gold system
Seventy Mile Mount – testing major gold system • Successful initial drilling program For personal use only • First drilling since 2004 reported shallow, broad gold intersections: ➢ 40m @ 1.06 g/t Au from 47m (incl 3m @ 9.38 g/t Au) in BSMDD001 ➢ 15m @ 0.55 g/t Au from 76m (incl 5m @ 1.44 g/t Au) in
Slide 18: Day Dawn – newly discovered vein-hosted bonanza gold-silver deposit
Day Dawn – newly discovered vein-hosted bonanza gold-silver deposit For personal use only • Extensive zone of historic workings and mineralisation over an area of 1,400m x 1,000m • Bonanza rock chip gold – silver results: o COR-270: 127.5 g/t Au, 708 g/t Ag & 2.83% Pb (Day Dawn) o COR-269: 71.8 g/t
Slide 19: Mount Molloy Project
For personal use only Mount Molloy Project 19
Slide 20: Mount Molloy Project – under-explored copper VHMS belt
Mount Molloy Project – under-explored copper VHMS belt For personal use only • Located 50 km northwest of Cairns • Recently granted EPM covering 78km2 • High-grade VHMS copper deposit • Discovered in 1883 and mined from 1883 to 1942 - Mining targeted ore zones assaying up to 20% Cu - Produced 43,600
Slide 21: Moving Forward
For personal use only Moving Forward 21
Slide 22: A Promising Start – And an Exciting Future…
A Promising Start – And an Exciting Future… For personal use only • About Ballymore Resources - Listed in September 2021 - Substantial work already completed - Well funded and over 85% of funds going into the ground • Four quality projects - Dittmer - discovered faulted extension to high-grade Dittm
Slide 23: 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 [email protected] Website www.ballymoreresources.com 23
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