Dittmer throws up bonanza grades from recent drilling

Ballymore Resources has stepped its value offer up a notch with its latest assay results from the Dittmer gold project. Stage three drill holes coming in at more than 100grams/tonne are considered well into ‘bonanza grade’. The Dittmer project near Proserpine is the site of legacy mining which extended around 90 metres below the access level. The mine was one of the highest-grade gold mines in Australia when operating. Historic mining produced more than 54,500 oz of gold, 23,400 oz of silver and 295 long tons of copper (300t) from 17,100 long tons of ore. Ballymore described the drilling program as showing exceptional continuity of mineralisation over 29 holes. Related: Dittmer drilling brings ‘exciting’ results for Ballymore The assays from holes DTDD019 – 023A provide further confirmation of a high-grade fault- extension of the historic Duffer Lode, the company told the ASX. ‘Since September 2021, all 28 holes have encountered gold mineralisation along with encouraging copper credits, indicating the prospective lode extension runs over 260m along strike and 200m down-dip, whilst remaining open along strike and down-dip, and broadening at depth,’ the report said. Duffer Lode paves the path The most recent results had demonstrated that the newly discovered Duffer Lode extension persists to within 20 metres of the existing underground workings said Chairman Nick Jorss. “This knowledge is a great starting point to fast-track studies into re-opening what was one of Australia’s highest grade gold mines,” Mr Jorss said. “The results confirm the continuity of the deposit, with mineralised intersections in all 28 drill holes completed to date. The new lode remained open along strike and down dip, with no indication to date that they were nearing tis limits he said. “The Dittmer deposit is surrounded by more than two kilometres of other shallow and extremely high-grade historic workings which have never been drill tested. “Our recent geochemical work has shown the surrounding region is highly anomalous for both gold and copper. We also have several geophysical targets and further significant old workings along a 20km trend line which indicates this could be part of a much larger gold/copper system.” “We are ramping up our efforts to explore this exciting region whilst we commence a concept study to investigate a near term mine opening at Dittmer.” The most recent results include: DTDD022: 4.3m @ 10.68 g/t Au, 1.9 g/t Ag & 0.12% Cu including 0.35m @ 129.43 g/t Au, 17.8 g/t Ag & 1.24% Cu DTDD019: 3.85m @ 26.04 g/t Au, 1.9 g/t Ag & 0.11% Cu including 2.0m @ 49.60 g/t Au, 3.1 g/t Ag & 0.17% Cu DTDD020: 4.9m @ 3.85 g/t Au, 1.0 g/t Ag including 0.7m @ 25.96 g/t Au, 4.1 g/t Ag Concept study work underway on potential mine reopening within the existing mining lease with further step out exploration ahead to determine the extent of this highly mineralised but previously undrilled system the company said.

Dittmer throws up bonanza grades from recent drilling

Industry Queensland

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