Ballard Mining Limited (ASX: BM1) is not entering the gold space quietly. Born from the demerger of Delta Lithium’s gold assets, Ballard arrives on the ASX with a focused strategy, a $30M IPO war chest, and the high-grade Mt Ida Gold Project (Figure 1) in hand. Its foundation? A 1.1Moz at 3.3g/t Au JORC Resource, led by the fully permitted Baldock deposit (930koz @ 4.1g/t Au).