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Ballard funds Mt Ida’s next step with A$50m gold development raise
10:21am on Thursday 8th of October, 2026 AEDT
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Mining
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Ballard funds Mt Ida’s next step with A$50m gold development raise
10:21am on Thursday 8th of October, 2026 AEDT
Key Points
A$45 million placement priced at A$0.66 per share
Share purchase plan targets a further A$5 million
1.84 million ounce Mt Ida resource remains without an Ore Reserve
Funds directed to drilling, infrastructure and feasibility work
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