Company Ballymore Resources Limited

Ballymore Resources Limited is an exploration and development company. The Company holds a portfolio of exploration and development projects in the Queensland mineral belts that are prospective for gold and base metals. These consist of about two granted Mining Leases (MLs), 14 Exploration Permits over four project areas at Dittmer, Ruddygore, Ravenswood, and Mount Molloy. The Dittmer Project covers an area of approximately 488 square kilometers and is located about 20-50 kilometers (km) west and southwest of the regional center of Proserpine in central Queensland. The Ruddygore Project is located adjacent to the regional center of Chillagoe in north Queensland and consists of four granted EPMs with an area of about 558 square kilometers. The Ravenswood Project covers an area of about 309 square kilometers and is located to the south and east of Charters Towers. The Mount Molloy Project is located south of the town of Mount Molloy and approximately 50 km northwest of Cairns.