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Ballard Mining
Ballard Mining (BM1) investor relations material
Ballard Mining Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary20 May, 2026
Executive summary
Advanced dual strategy of resource growth and project development at Mt Ida Gold Project during March 2026 quarter.
Baldock deposit MRE increased to over 1 Moz gold, with 669koz in Indicated category after 86,000m infill drilling.
220,000m resource growth drilling program underway for CY2026, targeting both Baldock extensions and regional prospects.
Well-funded with $75.6 million cash at quarter end, following a $61 million placement in January 2026.
Financial highlights
Cash balance at 31 March 2026 was $75.6 million, up from $28.8 million in December quarter.
Operational outflow for the quarter was $9.4 million, mainly for exploration and evaluation at Mt Ida.
Successful $61 million capital raise in January 2026, exceeding initial $50 million target.
Outlook and guidance
Final Investment Decision (FID) targeted for H1 CY2027, supported by robust cash position.
Ongoing feasibility-level studies and accelerated drilling expected to further grow resources and advance project development in the June quarter.
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Latest events from Ballard Mining
- Aggressive drilling and strong funding drive resource growth at a fully permitted WA gold project.BM1
Canaccord Genuity Annual Global Metals & Mining Conference presentation5 Jun 2026 - Advancing a 1.1Moz gold project in WA with robust funding and aggressive exploration.BM1Investor presentation5 Jun 2026
- Aggressive drilling and resource growth at Mt Ida positions Ballard for significant gold sector upside.BM1Diggers and Dealers Conference presentation5 Jun 2026
- Ballard advances Mt Ida with 1.1Moz gold, robust funding, and strong exploration growth potential.BM1Corporate presentation5 Jun 2026
- High-grade 1.1Moz gold resource, robust funding, and advanced permitting drive Mt Ida's growth.BM1RIU Investor Roadshow presentation5 Jun 2026
- Mt Ida targets major gold growth with 1.1Moz resource, new exploration, and 2026 milestones.BM1Investor presentation5 Jun 2026
- Fully permitted gold project with 1.1Moz resource and aggressive growth strategy underway.BM1Investor presentation5 Jun 2026
- Mt Ida Project is fully permitted with 1.1Moz gold resource and strong growth potential.BM1Argonaut Resources Series presentation5 Jun 2026
- Fully permitted gold project with 1.1Moz resource and strong growth strategy for 2026.BM1Corporate presentation5 Jun 2026
- $50M raise funds drilling and early works at a fully permitted 1.1Moz WA gold project.BM1Investor presentation5 Jun 2026
Ballard Mining
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