Australia's Ballymore Resources jumps most in 7 weeks on strong drilling results

Ballymore Resources

20/06/2022 05:44

** Shares of mineral explorer Ballymore Resources  BMR.AX 
climb as much as 19.4% to A$0.215; on track for best session
since May 2, if gains hold
    ** Co says https://www.asx.com.au/asxpdf/20220620/pdf/45b1yy50ss6p68.pdf
 drilling at its Dittmer mine in Queensland has confirmed
displaced high grade extension 
    ** Adds regional mapping, stream sediment and rock chip
sampling completed around the Dittmer mine have demonstrated
further potential for a larger gold and copper target
    ** Stock hits highest level since June 3
    ** More than 115,000 shares have changed hands, compared
with the 30-day average of about 53,000 shares 
    ** As of last close, BMR stock up ~2.9% this year
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))