Ballymore Resources (ASX:BMR) said modelling and interpretation of a detailed helicopter-borne electromagnetic survey over the Maniopota prospect at the Ruddygore project in Queensland identified numerous strong conductors, according to a Tuesday Australian bourse filing.
A total of 29 electromagnetic anomalies were recognized and are associated with skarn alteration and extensive soil anomalies. The firm is planning in progress to drill these targets within the year.
The firm's shares rose 3% in recent trading on Tuesday.
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