Ballymore Resources Limited · ASX:BMR
Ballymore Resources — Investor Presentation (June 2023)
17 slides from Ballymore Resources's investor presentation, June 2023
Slide 1: Investor Update
Investor Update June 2023 Au Ag Cu
Slide 2: Disclaimer
Disclaimer Cautionary Statement Certain statements made during or in connection with this statement contain or comprise certain forward- *4 – “Ruddygore IP Survey confirms large copper target” released on 10 November 2021 looking statements regarding the Company’s Mineral Resources, exploration oper
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 Project area has produced 40Moz gold as well as significant • Listed September 2021 (Ticker ASX:BMR) copper, lead, zinc and other critical minerals • Targeting under-explored areas in close proximity to infrastructur
Slide 4: Project Overview
Project Overview Four exciting, under-explored projects in prolific mineral belts in close proximity to infrastructure and operating mines Dittmer Project Ruddygore Project • Highest-grade gold mine • Large tenement holding in in Queensland when Chillagoe district (3.2Moz operating Au) • BMR has dis
Slide 5: Corporate Overview
Corporate Overview • 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 of Bowen Coking Coal Ra
Slide 6: Dittmer Project
Dittmer Project 6
Slide 7: Dittmer Project – major under-explored gold province
Dittmer Project – major under-explored gold province • 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 mines with limited modern exploration • Historic workings may be part of larger system
Slide 8: Dittmer Project – high-grade gold discovery
Dittmer Project – high-grade gold discovery • Dittmer mine never drilled prior to Ballymore in 2020 High-grade fault extension • Accessed historic mine on ML to drill from underground to Dittmer Lode discovered • Bonanza extension discovered by first drilling program ➢ DTDD009: 4.3m @ 29.0 g/t Au, 1
Slide 9: Dittmer Project – successful drilling program
Dittmer Project – successful drilling program • To date 32 holes drilled for 5,703m • 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 Au) DTDD019: 3.85m @ 26
Slide 10: Dittmer Project – potential for major high grade gold project
Dittmer Project – potential for major high grade gold project • Dittmer potentially part of larger system • Numerous unexplored historic workings in major corridor extending over 2km • Other exploration potential remains untested: - Porphyry copper targets (e.g. Andromache) - Stockwork gold systems
Slide 11: Other Projects
Other Projects 11
Slide 12: Ruddygore Project – Targeting major gold and base metal deposits
Ruddygore Project – Targeting major gold and base metal deposits • Large tenement holding of 558km2 in Chillagoe area • Same mineralised corridor as Red Dome & Mungana (3.2Moz Au) • Hosts several major historic mines • Potential for large gold, copper and other base metal deposits Ruddygore Mine are
Slide 13: Ravenswood Project – surrounded by major gold deposits in 16 Moz Gold Province
Ravenswood Project – surrounded by major gold deposits in 16 Moz Gold Province • Targeting gold deposits in prospective Mount Leyshon Corridor • Major breccia- and vein-hosted deposits with similarities to nearby Mount Leyshon (3.8 Moz Au) and Ravenswood (5.8 Moz Au) mines Seventy Mile Mount • Initi
Slide 14: Mount Molloy Project – under-explored copper VHMS belt
Mount Molloy Project – under-explored copper VHMS belt • Located 50 km northwest of Cairns • High-grade VHMS copper deposit • Discovered in 1883 and mined from 1883 to 1942 - Produced 43,600 tons ore for 3,900 tons copper at 8.7% Cu • Limited modern exploration • 3km long prospective corridor with h
Slide 15: Moving Forward
Moving Forward 15
Slide 16: A Promising Start – And an Exciting Future…
A Promising Start – And an Exciting Future… • 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 Dittmer Lode - Ruddygore –
Slide 17: Contact Us
Contact Us: Registered Office Suite 606, Level 6, 10 Market Street, Brisbane QLD 4000 Phone +617 3212 6299 Email [email protected] Website www.ballymoreresources.com 17
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