Ballymore Resources Limited announced significant gold assay results have been received for the initial drilling program at the Seventy Mile Mount prospect, within the Ravenswood Project area. These assay results demonstrate the potential for Seventy Mile Mount to host a significant breccia-hosted gold deposit similar in style to Mount Leyshon (3.8 Moz Au) and Mount Wright (1.0 Moz Au). Seventy Mile Mount drilling has reported shallow, broad gold intersections associated with a newly recognized breccia zone and extended the previously defined zone of mineralization.

Significant new intersections include: 40m @ 1.06 g/t Au from 47m (including 3m @ 9.38 g/t Au) in BSMDD001, 15m @ 0.55 g/t Au from 76m (including 5m @ 1.44 g/t Au) in BSMDD002, matched with historic drilling, these results support the interpretation that Seventy Mile Mount is a zoned system with grade improving with depth. Historic drilling results include: 28m @ 2.89 g/t Au from 260m (including 8m @ 9.21 g/t Au) in LSD002 Follow-up drilling is planned to test the breccia target at depth.