Ballard Lifts Mt Ida Gold Resource 56% To 1.84 Million Ounces
Closing price · 2026-10-26: $0.600 · +1.69%
Ballard Mining increased Mt Ida’s estimated gold resource by 56% to 1.84 million ounces, with the Baldock deposit up 35% while its grade remained unchanged from the February estimate. The company says its feasibility study and maiden ore reserve remain on track for mid-2027, following a post-quarter placement and share purchase plan that leave it with approximately $94 million in pro-forma cash. A separate presentation for the RIU South West Connect event was also released.