Ballymore Extends Torpy’s Mineralisation 40m Up-Dip with High-Grade Lead-Zinc Results

Published: Sep 9, 2026 11:44

Save

Ballymore Resources reported new silver-lead-zinc-indium results from Torpy’s in North Queensland. BTPRC013 returned 7m from 44m grading 7.60% lead, 3.27% zinc, 170.0g/t silver and 2.9g/t indium, including 2m from 46m at 25.88% lead, 10.08% zinc, 580.4g/t silver and 8.7g/t indium. BTPRC012 returned 20m from 38m at 1.80% lead, 1.05% zinc, 43.0g/t silver and 1.0g/t indium. The holes extended mineralisation 40m up-dip.

The results form part of a 22-hole, 2,609m program completed in May–June 2026, with further assays pending. Three other holes returned no significant high-grade mineralisation. All intervals are down-hole lengths; true widths remain unconfirmed and may be up to 50% less. A drone magnetic survey is planned to commence in September to identify further targets.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

13 mins ago

Tianjin Zinc: Zinc prices too high, market sees almost no transactions [SMM Midday Commentary]

[Tianjin Zinc: Zinc Prices Too High, Market Sees Almost No Transactions] In the Tianjin market, mainstream transactions of #0 zinc ingot were concluded at 27,210-27,530 yuan/mt, with Zijin transactions at 27,480-27,630 yuan/mt. #1 zinc ingot transactions were concluded at around 27,230-27,390 yuan/mt. Zijin was quoted at a premium of 130 yuan/mt against the 2610 contract, while Huxin was quoted at 28,675 yuan/mt. #0 zinc ingot was quoted at a discount of 0-150 yuan/mt against the 2610 contract. The Tianjin market was quoted at a discount of around 45 yuan/mt against the Shanghai market.

13 mins ago

14 mins ago

Guangdong Zinc: High Prices Continue to Affect Guangdong Demand, Market Transactions Mostly Rigid Demand [SMM Midday Commentary]

[Guangdong: High prices continue to affect demand in Guangdong, with market transactions mostly driven by rigid demand] Mainstream transactions of Guangdong 0# zinc were at 27,265-27,410 yuan/mt, with mainstream brands quoted at a discount of 90-80 yuan/mt against the 2610 contract, a premium of 10 yuan/mt against Shanghai spot cargo, and the Shanghai-Guangdong price spread remained...

14 mins ago

16 mins ago

Shanghai Zinc: Futures consolidate at highs, downstream stays cautious amid high prices [SMM Midday Commentary]

[Shanghai Zinc: Futures Consolidate at Highs; Downstream Stays Cautious] Today, mainstream transaction prices for #0 zinc were concentrated at 27,285-27,440 yuan/mt, with no transactions for Shuangyan, while #1 zinc was mainly traded at 27,215-27,370 yuan/mt. In early trading, quotes against the SMM average price were at premiums of 40-50 yuan/mt, with no quotes against futures yet...

16 mins ago