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BM1 — Ballard Mining News Story

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Australia's Ballard Mining hits over 3-month high on increase in WA gold resource

BUZZ-Australia's Ballard Mining hits over 3-month high on increase in WA gold resource

** Shares of Australia's Ballard Mining BM1.AX rise as much as 9.7% to A$0.795, their highest level since June 17

** Gold explorer says mineral resource estimate at its Mt Ida gold project in Western Australia increased by 56%

** The resource upgrade strengthens the foundation for a feasibility study due in 2027

** Management says Mt Ida remains relatively underexplored, promising further resource growth potential

** YTD, stock up 12.2%, including the session's moves


(Reporting by Paridhi Minda in Bengaluru)

((Paridhi.minda@thomsonreuters.com;))

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