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Ballard Mining Raises A$50M to Accelerate Baldock Gold Project Growth

1:32pm on Wednesday 21st of January, 2026 AEDT Mining
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Ballard Mining Raises A$50M to Accelerate Baldock Gold Project Growth

1:32pm on Wednesday 21st of January, 2026 AEDT
Key Points
  • Placement to raise approximately A$50 million at $0.80 per share
  • Funds to support 220,000m drilling program and early infrastructure works
  • Targeting maiden ore reserve at Baldock mid-2026 and standalone project scale
  • Strong cash position of $28.8 million as of December 2025
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