Ballymore Resources to explore new gold-copper target

Ballymore Resources (ASX:BMR) is set to drill an exciting new gold-copper target at its Dittmer Project near Proserpine in north Queensland. A recent high-resolution heli-borne magnetic and radiometric survey has identified significant anomalies, including a 1200m X 800m pipe-like magnetic body beneath the historic Dittmer mine.

Executive Commentary on New Gold-Copper Target

We are delighted to have identified a major target below the high-grade Dittmer mineralisation which we interpret to be a porphyry intrusion. We have always believed that Dittmer was an Intrusive Related Gold System (IRGS) deposit, and these results have contributed greatly to our confidence that the major source for the gold and copper may sit beneath the mine. This target comprises a 1200m X 800m pipe-like magnetic feature some 400m below the Dittmer mine workings. The possibility that this structure is the source for the high-grade gold discoveries that we have made in the area is extremely significant. The Company is planning follow-up drilling at the earliest possible opportunity.

Summary of New Gold-Copper Target at Dittmer Project

Ballymore Resources (ASX:BMR) has identified a significant new gold-copper target beneath the historic Dittmer mine through a high-resolution heli-borne magnetic and radiometric survey. The company plans to drill this exciting new target, which is interpreted to be a porphyry intrusion and may be the major source for the gold and copper in the area. The Dittmer region is highly prospective for vein-hosted, breccia-hosted, and porphyry-related gold +/- copper mineralisation. Ballymore Resources is well funded and has a major exploration program underway, including further assessment of the Dittmer target and other priority targets identified by this work.