Stockhead
Manganese play Bryah Resources’ (ASX:BYH) latest drilling program at the Bryah Basin joint venture project in Western Australia has established the Brumby Creek prospect as a major new discovery with DSO potential, sending shares in the company up more than 10 per cent to 5.4c.
DSO refers to “direct shipping ore” – namely, minerals that require only minimal processing such as crushing before they are exported, which keeps costs low.
Best results from the initial batch of results include 16m at 38 per cent manganese from a depth of 21m within a broader 30m zone grading 33.6 per cent manganese; and 5m at 36.2 per cent manganese from 23m within a 25m interval at 29 per cent manganese.