IP Survey Reveals Multiple Chargeable Anomalies at Ballymore’s Andromache Prospect
Ballymore Resources has identified significant shallow copper-gold mineralisation at its Andromache prospect through a recent induced polarisation survey, setting the stage for upcoming drilling campaigns across multiple Queensland projects.
- Completion of IP geophysics survey at Andromache reveals multiple chargeable anomalies
- Targets interpreted as part of a large porphyry copper-gold-molybdenum system
- Drilling planned at Seventy Mile Mount breccia pipe and Ruddygore gold-base metal targets
- Development works to commence at historic Dittmer mine to improve underground access
- Ballymore well funded with extensive exploration and development programs scheduled for 2025
Exploration Advances at Andromache
Ballymore Resources (ASX, BMR) has taken a significant step forward in its North Queensland exploration campaign with the completion of an induced polarisation (IP) survey at the Andromache copper-gold-molybdenum porphyry prospect. Located 20 kilometres south of the historic Dittmer mine, the survey has delineated several shallow chargeable anomalies adjacent to a pipelike magnetic feature, reinforcing the prospect's potential as part of a larger mineralised system.
The Andromache prospect, historically mined for its oxide gold cap in the 1980s, had its copper potential largely untested until Ballymore’s recent work. The IP survey, funded in part by a government CEI grant, was designed to detect sulphide mineralisation at depth beneath surface expressions. The final inversion models reveal chargeable bodies on the margins of the magnetic pipe, with the strongest anomaly located 900 metres east of the historic open pit and approximately 150 metres below surface. Rock chip sampling in this area has returned encouraging grades, including up to 8.26 g/t gold and 0.68% copper, highlighting the prospect’s promise.
Broader Regional Exploration and Development Plans
Beyond Andromache, Ballymore is advancing multiple exploration fronts. Preparations are underway to drill the Seventy Mile Mount breccia pipe gold target near Charters Towers, a region known for significant gold deposits such as Mount Leyshon. Previous drilling at Seventy Mile Mount has intersected broad zones of gold mineralisation, and the upcoming program aims to test deeper extensions where grades appear to improve.
Additionally, drilling is planned at the Ruddygore and Maniopota gold-base metal targets near Chillagoe, both interpreted as large hydrothermal systems with potential for major deposits. Meanwhile, development work at the historic Dittmer mine will commence shortly, focusing on upgrading underground access and establishing a new exploration drive to facilitate further resource definition.
Strategic Positioning and Outlook
Managing Director David A-Izzeddin emphasises that the recent IP survey results complement Ballymore’s systematic exploration approach, which includes mapping, soil sampling, and magnetic surveys. The company’s strategy to target multiple geological settings, porphyries, breccias, and skarns, across its portfolio reflects a comprehensive effort to unlock value in prolific Queensland mineral belts.
With a well-funded treasury and a busy schedule of drilling and development activities planned through 2025, Ballymore is positioning itself to significantly advance its project pipeline. The combination of modern geophysical techniques and targeted drilling programs could unlock new discoveries that build on the company’s existing successes at Dittmer.
Bottom Line?
As Ballymore moves from geophysical targets to drilling, the coming months will be critical in defining the true scale of its Queensland copper-gold assets.
Questions in the middle?
- Will drilling at Andromache confirm the extent and grade of the porphyry copper-gold system?
- How will results from Seventy Mile Mount and Ruddygore influence Ballymore’s project prioritisation?
- What are the timelines and expected outcomes for the Dittmer mine development and potential production restart?