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Ballard’s Mt Ida resource surges as funding supports the next development phase

8:28am on Monday 26th of October, 2026 AEDT • Mining
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Ballard’s Mt Ida resource surges as funding supports the next development phase

8:28am on Monday 26th of October, 2026 AEDT
Key Points
  • Mt Ida resource rises 56% to 20.4Mt at 2.8g/t gold for 1.84Moz
  • Baldock grows 35% to 1.36Moz, with 437koz in the higher-confidence open-pit resource
  • West Knell delivers a record 9m intercept at 27.1g/t gold
  • A$45m placement completed at A$0.66 per share, with a further A$5m SPP planned
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