Ballard Mining (ASX:BM1) has resumed drilling at its Mt Ida Gold Project in Western Australia, marking the next phase of its 2026 growth and development strategy.
The company completed Phase 1 infill drilling at the Baldock deposit, confirming previously reported results from its 86,000-metre program finished in December 2025.
An updated JORC resource is expected by late Q1 2026, while feasibility-level geotechnical and metallurgical studies are ongoing. The maiden Baldock ore reserve is scheduled for release in Q2 2026.
Looking ahead, Ballard's 2026 drilling program aims to expand resources both along strike and at depth, targeting Baldock extensions from 350m to 750m and systematically testing 53 regional exploration targets.
The company is leveraging the fully permitted Baldock deposit to drive incremental growth while pursuing multiple regional opportunities, including Kestrel, Golden Vale, West Knell, and Bombay.
Proof-of-concept drilling in 2025 has already yielded results at Neptune, Astro, and Pluto, highlighting the potential for new maiden mineral resources across the project.
Site operations remain steady, supported by a stable geological team and consistent drilling contractors.
Managing Director Paul Brennan said, "Ballard is in a strong position as we commence 2026 activities. Mt Ida is fully permitted, well-funded, and the strategy focuses on scaling the current 1.1 million-ounce resource."
At the time of reporting, Ballard Mining's share price was $0.74.