News and Media

Stockhead

Bryah believes the Mount Labouchere prospect is a solid exploration target at its Bryah Basin project in WA after the latest aircore drilling recorded anomalous copper-cobalt-nickel mineralisation.

A total of six holes were drilled for 279m with four recording elevated copper values (>500ppm copper) at the bottom of the hole – which the company considers a very positive sign.

The Market Herald

• Bryah Resources (BYH) begins a diamond drilling program at the Windalah Copper-Gold Prospect in Western Australia
• The diamond drilling will test along strike and beneath a broad sulphide-rich zone with elevated volcanic massive sulphide pathfinder minerals
• Three diamond tails and two new holes will be drilled for over 1000 metres
• Once the holes have been drilled, they will be cased for follow-up downhole electromagnetic surveying
• Bryah closed down 1.92 per cent with shares trading at 5.1 cents on August 23

Stockhead

Bryah has kicked off the first ever diamond drilling at the Windalah copper-gold prospect within its namesake project to test for mineralisation at depth.

The program of three diamond tails and two new holes totalling more than 1,000m will test along strike and beneath the broad sulphide-rich zone with highly elevated volcanogenic massive sulphide (VMS) pathfinder minerals.

Previous reverse circulation drilling by Bryah Resources (ASX:BYH) earlier this year had intersected a broad disseminated to semi-massive sulphide zone with highly elevated antimony and arsenic that is considered to be the source of the surface VMS pathfinder element anomaly.

Global Mining Review

Bryah Resources Ltd has announced the start of a diamond drilling program at the Windalah Copper-Gold Prospect, which lies within the company’s Bryah Basin Project, located in central Western Australia.

In April 2021, Bryah completed eight Reverse Circulation (RC) drill holes, to depths of up to 350 m, to test below the significant Volcanogenic Massive Sulphide (VMS) pathfinder element anomaly identified in earlier soil sampling and aircore drilling.

Three RC drill holes intersected a broad disseminated to semi-massive sulfide zone with highly elevated antimony and arsenic, together with weakly elevated copper and gold values. This sulfide-rich zone is considered to be the source of the surface VMS pathfinder element anomaly.

Proactive

Partners Australian Vanadium and Bryah Resources are also progressing with the proposed spin-off of Star Resources that holds a non-core gold exploration asset.

Australian Vanadium Limited will keep a close watch on an aircore drilling program conducted with partner Bryah Resources Ltd (ASX:BYH) at the Gabanintha Project in WA primarily targeting nickel-copper-gold-PGE and additional critical metals.

Stockhead

Bryah has kicked off a 5,000m aircore drill program to investigate the extent and zonation of the Lady Alma Layered Igneous Complex near Meekatharra.

The complex, which hosts the Australian Vanadium project, is an underexplored but highly prospective environment with the potential to host nickel-copper-gold and platinum group elements (PGE) mineralisation.

Bryah Resources (ASX:BYH) is carrying out the drilling in collaboration with Australian Vanadium (ASX:AVL), with the Western Australian Department of Mines, Industry Regulation and Safety contributing towards drilling costs through a Exploration Incentive Scheme grant of up to $53,000.

The Market Herald

• Bryah Resources (BYH), in conjunction with Australian Vanadium (AVL), begins an aircore drilling program at the Gabanintha Project in Western Australia
• Focus will be on the Lady Alma Layered Igneous Complex (LALIC) which is underexplored yet has significant gold, copper and nickel potential
• A total of 5000 metres of aircore drilling will be undertaken on five traverses with aims to define the boundaries of the LALIC
• Drilling will be funded by up to $53,000 under the EIS grant from the Department of Mines, Industry Regulation and Safety
• Bryah is up 7.27 per cent on the market with shares trading at 5.9 cents at 1:49 pm AEST

Stockhead

Star Minerals has set itself the ambitious goal of starting gold mining within 12 months of completing its planned initial public offering.

While most new resource plays start with prospective ground and are lauded for starting exploration right off the bat, the company isn’t satisfied with just remaining an explorer and has set itself some lofty goals.

Star Minerals already has an inferred resource of 600,000t grading 2.2 grams per tonne (g/t) gold for 42,500oz of contained gold at Tumblegum South.

Mining News

Bryah Resources has entered into an at-the-market subscription agreement with Acuity Capital for up to A$3 million of standby equity over two years.

Stockhead

A $3.95m placement, plus another $3m of standby equity capital means Bryah is well resourced for some exciting upcoming exploration programs. 

Bryah Resources (ASX:BYH) has successfully completed the placement of shares and options to raise a total of $3.95 million, which was strongly supported by new investors and existing shareholders.

Bryah also entered into an At-the-Market Subscription Agreement (ATM) with Acuity Capital.

The ATM provides Bryah with up to $3m of standby equity capital over the coming 24-month period.