Regional Potential The project area shows characteristics similar to other Intrusive-Related Gold Systems (IRGS) in the region including Ravenswood (4.8Moz Au). Dittmer is the largest mine in the area but the local region is scattered with numerous other historic mines. Previous exploration activities in the area have been limited, with most activity restricted to exploration for porphyry copper deposits. More recent field work completed by Ballymore has confirmed the continuity of many of these lodes and raised the possibility that some may be extensions to the Duffer Lode, including Young Crusader, Scorpion, Golden Gem and The Gold Extended. Field work has also identified several previously unrecognised lodes and geochemical anomalies in the local area that require follow up. Historic rock chips in the area have reported up to 544 g/t Au and 164 g/t Ag and recent rock chip sampling by Ballymore has reported up to 99.7 g/t Au. Many lodes occur in different orientations and potential remains for larger scale deposits at the intersections of structures in the area.
BMR Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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