Join our CEO, Ashley Jones, as he discusses Bryah Resources on the Sub11 Australian fintech podcast with Chris Titley.

Investing News Network 

Ground magnetic survey and review of historical drilling highlights potential for new copper-nickel discovery within Gabanintha Project.

Bryah Resources Limited is pleased to advise the results of a review of historical exploration and drilling results which were completed by Australian Vanadium Limited (ASX: AVL) in 2013 within the Company’s Gabanintha Project, approximately 50km south of the town of Meekatharra in central Western Australia.

Stockhead

Should batteries genuinely grab a 30% share of the manganese market, Australian companies working to provide high purity manganese sulphate produced outside of China will have a big role to play in the global battery industry.

Thepick.com.au 

Bryah Resources has confirmed rock chips containing up to 54.9% high grade magnesium at it Bryah Basin magnesium project in Western Australia’s emerging Gascoyne region.

Investing News Network 

Bryah Resources Limited (ASX: BYH, “Bryah” or “the Company”) is pleased to announce manganese rock chip and drilling results at its 49% owned Bryah Basin manganese project. The results are part of the program drilled in July 2022 in addition to mapping and associated rock chips in new areas.

Market Screener 

Bryah Resources Confirms Manganese Prospectivity at Bryah Basin Project in Western Australia according to a Thursday disclosure 

Investing News Network

Bryah Resources Limited (ASX: BYH, “Bryah” or “the Company”) is pleased to advise that it has completed a desktop review on the West Bryah tenements and has deployed a team to the field to inspect and sample previous reported areas of interest.

Investing News Network 

This report summarises the exploration and corporate activities of Bryah Resources Limited (“Bryah” or “the Company”) during the quarter ended 30th September 2022.

Stockhead

$165,000 WA government grant will go toward drilling Bryah’s big copper-gold targets

Mining.com.au

Bryah Resources (ASX:BYH) reports it has received $165,000 in Exploration Incentive Scheme (EIS) funding from the Department of Mines, Industry Regulation and Safety (DMIRS) to test for copper-gold mineralisation at the Bryah Basin Copper-Gold Project, Western Australia.

Mining.com.au

Bryah Resources (ASX:BYH) is reporting it has received $140,000 of Exploration Incentive Scheme (EIS) co-funding from the Western Australian Government to start diamond drilling at its Bryah Basin Olympus Copper-Gold Project.

Stockhead

Bryah Resources says assays from its Bryah Basin Olympus copper gold project have confirmed VMS type copper-gold mineralisation.

MarketScreener 

Bryah Resources Limited announced manganese drilling results at its 49% owned Bryah Basin manganese project. The drill results are part of the program drilled in March 2022.

Mining.com.au

Bryah Resources (ASX:BYH) reports recent drilling results confirm the potential for a new manganese deposit to exist at the Bryah Basin within the Redrum Prospect and extend the Brumby West Prospect.

Stockhead

Investors have backed Bryah’s plan to advance exploration at its Windalah copper-gold project by supporting its $1.43m placement.

Sophisticated and professional investors have made firm commitments to subscribe for shares priced at 2.7c each with Australian Vanadium participating in the placement to maintain its 4.97% shareholding.

Stockhead 

Bryah Resources (ASX:BYH) has won investor backing following a successful $1.43m placement to advance exploration at its Windalah copper-gold project. 

The Market Herald 

Bryah Resources (BYH) has entered a trading halt, as the company prepares to raise new funds. BYH identified new manganese mineralisation at the Redrum prospect within the Bryah basin project in WA.

Stockhead

Bryah has wrapped up drilling at the Olympus copper-gold project on the northern limb of the Mars Dome within the western Bryah Basin, Western Australia.

Sparkplus 

Watch as Ashley Jones, CEO of Bryah Resources (ASX:BYH) shares about this innovative, well-funded Western Australian Gold, Copper, Lithium, Nickel and Manganese exploration specialist.

Stockhead 

Bryah and its partner OM Holdings have wrapped up a 1,458m drill program targeting extensions to several prospects at their Bryah Basin manganese project.

Samples collected from the 39 holes drilled over the Black Beauty, Black Hill, Brumby Creek and Horseshoe South prospects have been sent to the assay laboratory for analysis.

The Market Herald 

Bryah Resources (BYH) has completed drilling at its Bryah Basin manganese project in Western Australia.

The project is a joint venture between Bryah and a subsidiary of OM Holdings (OMM), which joined forces to undertake exploration to test targets in the area, ahead of manganese production.

Stockhead

There may not be life on Mars, but there could be copper and gold on the Mars Dome.

Located in the Bryah Basin, one of WA’s most prospective geological domains for copper and gold VMS deposits, that is where Bryah Resources (ASX:BYH) has sunk the drill rigs in a major new drilling campaign.

The Assay 

Bryah Resources Limited (ASX:BYH) has released a significant upgrade in the previously reported base metal mineral resource within the Australian Vanadium Project deposit which is located within the company’s Gabanintha Project in central Western Australia.

Stockhead 

Literally everyone understands the gigantic, teetering pile of suck that is moving house.

Stockhead

The way is clear for Bryah to proceed with a Pre-Feasibility Study into base metals production at its Gabanintha project, after increasing Indicated and Inferred resources by 15%.

Stockhead 

Bryah Resources (ASX:BYH) has boosted resources by 15% to 36Mt at the Gabanintha nickel-copper-cobalt project in WA.

The Market Herald 

Bryah Resources (BYH) bolsters the base metals mineral resource by 15 per cent at the Australian Vanadium Project deposit within its Gabanintha project in central WA

Australian Resources & Investments 

The Australian Vanadium project in Western Australia continues to grow in stature after Bryah Resources announced a 15 per cent increase in the base metal mineral resource.

Mining Weekly 

Minerals explorer Bryah Resources has reported a 15% increase in the indicated and inferred base metal mineral resource estimate at the Australian Vanadium project, which is located within the company’s Gabanintha project, in Western Australia.

Kalgoorlie Miner 

Bryah Resources has signed an option agreement with Mining Green Metals to sell a 51 per cent stake in the Lake Johnston lithium-nickel project to concentrate its focus on its near-term production assets elsewhere in WA.

Mining Weekly 

Explorer Bryah Resources has signed an option agreement with Mining Green Metals Limited (MGM) over the potential sale of a 51% interest in its Lake Johnston lithium/nickel project, in Western Australia.

Stockhead 

Bryah is selling 51% of its non-core Lake Johnston lithium-nickel project to Mining Green Metals.

The company will retain exposure to any upside in the project through its remaining 49% interest in the endeavour, which consists of eight exploration licence applications covering 690km2 close to the Mount Holland lithium mine and the historical Maggie Hays/Emily Ann nickel deposits.

Stockhead 

Bryah is focusing on its near-term production assets by reaching an option agreement to sell 51% of its non-core Lake Johnston lithium-nickel project to Mining Green Metals.

Stockhead 

Got 90 seconds? Then listen to Chief Executive Officer, Ashley Jones tell us about their company news.

Stockhead 

Bryah director Leslie Ingraham has demonstrated his belief in the company and its projects by acquiring one million BYH shares ahead of upcoming VMS copper-gold exploration. 

Stockhead 

The manganese price rose 39.3% last quarter due to supply impacts from the Ukraine/Russia war
Investors are increasingly focused on ESG credentials down the battery supply chain
Companies like Tesla are looking at more manganese in batteries to circumvent cobalt and nickel costs

Stockhead

Bryah has been awarded a co-funded drilling grant of up to $140,000 for a two-hole program to test for the VMS prize at the Windalah copper-gold deep target.

Stockhead

Bryah nabbed $130,000 EIS co-funding from the WA Government in the March quarter.

Stockhead

Bryah Resources’ transformation of critical nickel, copper and cobalt metals from the waste stream at a new vanadium mine in WA’s Mid West is looking more and more like an extremely cunning plan.

Proactive Investors 

Commenting on the progress, Bryah CEO Ashley Jones said: “With AVL’s BFS now completed, Bryah can utilise the updated BFS resource and Reserve and mine schedule to work with AVL on progressing the recovery of the additional, highly sought after battery metals from the tails produced by vanadium concentrate production."

The Market Herald 

Bryah Resources (BYH) has completed a six-hole diamond drilling program at its Windalah Prospect in Western Australia.

The Windalah Prospect is located on the southern limb of the Mars Dome which forms part of a group of double-plunging anticlinal dome structures in the northern Bryah Basin.

Stockhead 

Drilling has confirmed Bryah’s Windalah copper-gold prospect has all the textbook geology of a beautiful volcanogenic massive sulphide.

Stockhead 

Manganese remains an important part of Bryah’s diverse resource portfolio with the company just completing 2.5km of reverse circulation drilling at the Brumby Creek joint venture project.

Paydirt

Bryah Resources Ltd released the maiden resource from its Bryah Basin manganese JV with OM Holdings Ltd in early March, north of Meekatharra.

Stockhead 

Got 90 seconds? Then listen to Chief Executive Officer, Ashley Jones tell us about their company news.

Bryah Resources Limited (ASX:BYH) is a Perth-based mineral exploration company with a focus on exploration for high-grade copper-gold and manganese resources located in its two project areas in the Bryah Basin and at Gabanintha in the Meekatharra region of Western Australia.

Stockhead

Bryah’s funding commitment at the Bryah Basin JV with OM Manganese subsidiary OM Holdings (ASX:OMH) has ensured it holds a 49% ownership.

With OMM taking 51% ownership of the JV, this means they will also take overall JV management control, however the project will continue to use Bryah personnel and resources to plan and complete all programs.

Hot Copper 

BRYAH RESOURCES LTD - COMMITS FUNDING TO RETAIN 49% OF MANGANESE JOINT VENTURE WITH OM HOLDINGS

Stockhead 

After a pretty strong week, ASX microcaps closed things out with a flat day of trade on Friday, with no major catalysts during the session.

Business Today 

Bryah Resources Limited (ASX: BYH) announced it is contributing to funding resulting in maintaining 49% ownership of the manganese Joint Venture with OM (Manganese) Ltd (OMM).

The Market Herald 

Bryah Resources (BYH) has committed to funding to keep its 49 per cent stake in its namesake manganese joint venture with OM Holdings (OMH).

The mineral exploration company said the news follows the recent maiden manganese JORC resource for the Bryah Basin in Western Australia’s Murchison region.

Stockhead

ASX vanadium play, Australian Vanadium (ASX:AVL), has been awarded a $49mn Federal manufacturing collaboration grant this week, which will be used in the development of the Australian Vanadium Project, near Meekatharra and Geraldton to create an Australian green fuelled vanadium industry.

Stockhead

Bryah Resources has emerged as a clear winner after the Australian Government pledge of $243 million into securing a homegrown supply chain for electric vehicle materials.

Bryah will have a frontline role in a $50 million manufacturing grant awarded to Australian Vanadium under the Modern Manufacturing Initiative Collaboration Stream.

The Market Herald 

Bryah Resources (BYH) has released a maiden manganese JORC resource for the Bryah Basin joint venture in Western Australia.

The project is held in a joint venture with OM Holdings (OMH), with Bryah owning 49 per cent of the manganese rights and OM Manganese, a wholly-owned subsidiary of OMH, owning the remaining 51 per cent.

Stockhead

Bryah has landed its maiden Inferred and Indicated resource of 1.84Mt grading 21% manganese at the Bryah Basin JV project in Western Australia with OM Holdings.

The resource, which was defined over six prospects, comes as manganese has been acknowledged as a critical metal due to its essential role in the production of steel with greater strength and flexibility, along with increased use in batteries.

The Assay 

Bryah Resources Limited (ASX: BYH) has released its maiden Manganese JORC Resource for the Bryah Manganese project in Western Australia.

Bryah owns 49% of the manganese rights in a Joint Venture with OM (Manganese) Ltd, a wholly owned subsidiary of OM Holdings Limited.

The Assay 

Bryah Resources Limited (ASX: BYH) has released its maiden Manganese JORC Resource for the Bryah Manganese project in Western Australia.

Bryah owns 49% of the manganese rights in a Joint Venture with OM (Manganese) Ltd, a wholly owned subsidiary of OM Holdings Limited.

Investing News 

Curious about how to invest in manganese? Here’s a brief overview of the manganese industry, from supply and demand to how to invest.

Manganese is an important industrial metal. More than 90 percent of global consumption is closely tied to the steel and construction sectors, and China is a major user of the metal.

Stockhead

What got you talking last week?

Bryah Resources’ (ASX:BYH) manganese JV in Western Australia got you talkin’ after its partner, OM Holdings (ASX:OMH) completed all funding requirements to earn a 51% stake in the project.

Proactive

Bryah Resources Ltd (ASX:BYH)’s Ashley Jones discusses a joint venture with OM Holdings for the Bryah Basin Manganese Project, a slew of planned geophysics, and an incoming resource estimate for the project.

The company has received some promising results from drilling at the project, returning up to 10 metres at 29.4% manganese, demonstrating the grade quality of the mineralisation.

Stockhead

Bryah Resources’ (ASX:BYH) manganese JV in the Bryah Basin has received a boost after its partner completed all funding requirements to earn a 51% stake in the project.

OM Holdings (ASX:OMH) move to take up its stake by completing Stage 2 – Tranche 4 expenditure of $500,000 is a show of confidence in the project, where exploration has identified significant manganese mineralisation at the Horseshoe South Manganese Mine, Brumby Creek and Black Hill Prospects.

Manganese is considered to be a critical metal by the US Geological Survey due to its essential role in the production of steel with greater strength and flexibility.

The Edge Markets

Mining firm OM Holdings Ltd has raised its stake in Bryah Basin Manganese Joint Venture (BBMJV) to 51% — from 40% previously — following its unit’s completion of a further A$500,000 (about RM1.51 million) investment in the JV it co-owns with Bryah Resources Ltd.

Stockhead

Bryah Resources Ltd (ASX:BYH)’s Ashley Jones discusses his recent appointment as chief executive, the company’s three projects and related partnerships. Bryah recently acquired mineral rights to 170 square kilometres of Australian Vanadium’s Gabanintha Project, with a stand-out assay of historic pulps from the project returning 10 metres at 27.5 g/t gold.

Proactive

• Star has two projects in Western Australia - Tumblegum South and the West Bryah Project.
• Star’s current focus is on gold at Tumblegum South, but there is also significant copper potential on the lease.
• Initial assay results from the first phase of drilling at Tumblegum South shows continuation of geology and grade from earlier drilling.
• The company is also continuing with the early-stage planning work for the West Bryah Project.

The company was established as a spinout of Bryah Resources Ltd (ASX:BYH), as part of Bryah’s strategy to monetise the Tumblegum South gold assets and copper-gold exploration assets in the Bryah Basin.

Stockhead

Lithium continues to smash pricing records in 2022, with desperate buyers scrambling for units on the thinly traded spot market amid low supply.

Despite the current high prices for battery-grade lithium carbonate, market participants are still bullish, according to price reporting agency Fastmarkets.

“[Industry] expect prices to rise even further in the first quarter of 2022 amid tight supply and firm demand,” it says.

On the supply side, there looks to be little respite in the near and mid-term.

Stockhead

OM owns the Bootu Creek manganese mine in Australia, which is wrapping up at the end of 2021, an indirect 13% interest in the Tshipi manganese mine in South Africa and processing operations in Sarawak, as well as an exploration JV with WA explorer Bryah Resources (ASX:BYH).

Stockhead

The latest reverse circulation and aircore drill programs were designed to target new gold mineralised fault structures.

Bryah Resources has ticked reverse circulation and aircore drilling program off its list within Western Australia’s Gabanintha Project.

The drilling program comprised 1,871m over 20 holes, 10 of which drill tested the New Hope gold prospect identified in March.

Market Screener

Gold target drilling completed at Gabanintha

RC and aircore drill programs test multiple new gold mineralised fault structures

HIGHLIGHTS

• Gold mineralisation targeted through RC drilling program (1,871m) completed at New Hope Prospect
• Drilling targeted the interpreted structural feature which returned 10 metres @ 27.5 g/t Au in drillhole 19RRC006 from 53m, including 1m (55-56m)@ 182.0 g/t Au, and 1m @ 6.4 g/t Au from 65m (announced March 2021)1
• RC drilling also targeted a recent aircore result 1.7km south of New Hope in hole 21GAC013 - 9 metres
• • 1.43 g/t Au from 24m, including 4 metres @ 2.48 g/t Au and 0.064% Cu from 29m (announced October 2021)2

Business News

Bryah Resources has appointed Ashley Jones as chief executive and Brian Davis as non-executive director, with Neil Marston resigning as managing director.

The Market Herald

• Bryah Resources (BYH) has appointed Ashley Jones as chief executive officer (CEO) and Brian Davis as non-executive director
• Mr Jones has over 20 years of experience in exploration, mine geology and management in Australia and Africa
• Brian Davis has worked in exploration and mining for both small and large resource companies with a focus on commodities in Australia and overseas
• The company says both Jones and Davis have a wide range of skills which will enable the company to develop its energy minerals strategy and strengthen its performance
• Bryah Resources shares are up 6 per cent to trade at 5.3 cents at 12:23 pm AEDT

Business News

Neville Bassett has replaced Neil Marston as company secretary of Bryah Resources, with Mr Marston continuing as the company's managing director.

The Market Herald 

Bryah Resources (BYH) has secured a $130,000 drilling grant as part of the WA Government’s Exploration Incentive Scheme (EIS).

The company will receive the money from the Department of Mines, Industry Regulation and Safety (DMIRS) and drilling must be undertaken between December 1, 2021, and November 30, 2022.

Global Mining Review

Bryah Resources Ltd has advised of its successful application in Round 24 of the Western Australian Government’s Exploration Incentive Scheme (EIS).

As a result, the company will receive grant funding of up to AUS$130 000 from the Department of Mines, Industry, Regulation, and Safety (DMIRS) as a contribution towards direct drilling costs at the Olympus Anomaly – located within the company’s Bryah Basin Project, which is located in central Western Australia.

Kalgoorlie Miner [subscription]

Bryah branches out as it snaps up new ground

Global Mining Review

Bryah Resources Ltd has announced its acquisition of a new exploration project: the Lake Johnston Lithium-Nickel Project.

The project is located approximately 400 km east of Perth and 200 km southwest of Kalgoorlie in Western Australia. It consists of eight exploration licence applications covering a total of 690 km².

The exploration ground extends to within 10 km east of the world class Mount Holland Lithium mine and concentrator being developed under the Wesfarmers Limited/SQM Australia Pty Ltd joint venture. The Mount Holland Lithium project includes the Earl Grey Lithium deposit with a reported Mineral Resource of 189 million t grading 1.5% Li₂O, making it a globally significant high-grade hard rock lithium deposit.

Stockhead

Bryah Resources (ASX:BYH) told shareholders it had picked up new tenure at Lake Johnston in WA  prospective for lithium and nickel.

MiningNews.net

BRYAH Resources has decided to take a plunge in a new direction as a more focused battery metals explorer, securing almost 700sq.km at Lake Johnson, west of Norseman in Western Australia.

"We're a battery metals company, as many people are now," managing director Neil Marston said.

The Assay

Bryah Resources Limited (ASX:BYH) has acquired a new exploration project – the Lake Johnston Lithium-Nickel Project – located approximately 400 km east of Perth and 200 km southwest of Kalgoorlie in Western Australia.

The project consists of eight exploration licence applications covering a total of 690 sq. km.

The West Australian

Bryah Resources rocketed 12.73 per cent to 6.2 cents after announcing it had acquired a new exploration target, the Lake Johnston lithium-nickel project in Western Australia, adding to its copper, gold and manganese assets.

Money Morning

The Bryah Resources Ltd [ASX:BYH] has acquired a new exploration project — the Lake Johnston Lithium-Nickel Project.

BYH’s new addition to its portfolio of projects is 400 km east of Perth, consisting of eight exploration licence applications covering 690km².

Bryah says Lake Johnston enhances its strategy of exploring for the energy metals of the future ‘in a proven geological environment.’

Hot Copper - Reuters

Nov 5 (Reuters) - Bryah Resources Ltd (BYH) :

• ACQUIRED NEW EXPLORATION PROJECT, LAKE JOHNSTON LITHIUM-NICKEL PROJECT
• PROJECT CONSISTS OF 8 EXPLORATION LICENCE APPLICATIONS COVERING TOTAL OF 690KM2

Business News [subscription]

Bryah Resources is acquiring the Lake Johnston lithium-nickel project near Kalgoorlie in a self-proclaimed pivot to becoming an energy metals-focused company.

The Market Herald

• Bryah Resources (BYH) acquires the Lake Johnston lithium-nickel project, which covers a 690-square kilometre area in WA
• The project neighbours the ‘world-class’ Mount Holland lithium mine and is considered to have “huge potential” for new discoveries by applying modern exploration methods
• Three of the eight exploration licences that make up Lake Johnston are held by West Coast Resources, who Bryah Resources will acquire for $181,000
• Once the acquisition is finalised, Bryah will review and compile historical data to generate follow-up targets
• Company shares are up 14.6 per cent to trade at 6.3 cents

Mining.com.au

Energy metals explorer Bryah Resources (ASX:BYH) has purchased the Lake Johnston Lithium-Nickel Project in Western Australia in a deal that will see it pick up a 690km² footprint in a well-known lithium-prospective district.

The project, which consists of eight exploration license applications, reaches to within 10km of the Wesfarmers/SQM Mount Holland Lithium JV, home to one of the world’s largest hard-rock lithium deposits.

Of the eight licenses, three are owned by West Coast Minerals Pty Ltd, which Bryah has agreed to purchase for $75,000 cash + 2,000,000 ordinary shares @ $0.053 each. The remaining five licenses have recently been applied for directly by Bryah.

Stockhead

Bryah Resources (ASX:BYH) told shareholders it had picked up new tenure at Lake Johnston in WA which is prospective for lithium and nickel.

Stockhead

Bryah Resources has just acquired a new exploration project for its WA energy minerals portfolio in the Lake Johnston lithium project – which consists of eight exploration licence applications covering 690km2.

The company says the project enhances its strategy of exploring for energy metals in a proven geological environment.

This is because the tenure extends to within 10km of the Mount Holland lithium mine being developed under the Wesfarmers Limited (ASX:WES) and SQM Australia Pty Ltd joint venture – which hosts the Earl Grey deposit with a reported mineral resource of 189 million tonnes grading 1.5%.

Global Mining Review

Star Minerals’ flagship asset is the mine-ready gold resource at Tumblegum South, 40 km south of Meekatharra in Western Australia. Tenements at Tumblegum South are adjacent to the old Gabanintha open pits. From 1987 to 1991, Dominion Mining produced 150 000 oz of gold from several nearby open pits.

Most recently the Tumblegum South package was owned by Bryah Resources. At Tumblegum South, there is an Inferred Resource of 600 000 t at 2.2gpt Au (42 500 oz of gold). A Mining Lease has been granted. There are historic mine workings and shafts throughout the area. It is expected Star Minerals’ initial mine will be a small open pit. Existing gold mineralisation extends along strike and down dip.

The West Australian [subscription]

Bryah Resources’ gold and copper spin-off Star Minerals has enjoyed a solid start to life as a publicly listed company.

Star was trading at 21.5¢ at 11am, up 7.5 per cent on its 20¢ issue price after raising $5 million in an oversubscribed initial public offering.

Star houses the Tumblegum South project, which hosts an inferred resource of 42,500oz upon a granted mining licence near Meekatharra.

Business News [subscription]

The Australian Stock Exchange welcomed WA's latest gold debutant Star Minerals to its boards this morning following a $5 million IPO.

Stockhead

Bryah Resources has banked $500,000 in cash from the sale of its non-core Tumblegum South gold deposit to Star Minerals.

The sale includes 9 million Star Minerals shares worth $1.8m and 7 million performance rights that convert into shares upon achievement of certain milestones.

Along with an additional 2 million shares from the sale of exploration licence E52/3739 in the western Bryah Basin, Bryah Resources (ASX:BYH) now holds a 20.75% interest in Star Minerals, allowing it to retain exposure to any upside from Tumblegum South.

Stockhead

Bryah Resources has banked $500,000 in cash from the sale of its non-core Tumblegum South gold deposit to Star Minerals.

The sale includes 9 million Star Minerals shares worth $1.8m and 7 million performance rights that convert into shares upon achievement of certain milestones.

Along with an additional 2 million shares from the sale of exploration licence E52/3739 in the western Bryah Basin, Bryah Resources (ASX:BYH) now holds a 20.75% interest in Star Minerals, allowing it to retain exposure to any upside from Tumblegum South.

Stockhead

WHAT GOT YOU TALKING YESTERDAY?

Bryah Resources discovered a multitude of gold targets across the Lady Alma Layered Igneous Complex at the Gabanintha Project near Meekatharra in Western Australia.

The Market Herald 

Bryah Resources (BYH) has released the first results from an aircore drilling program at the Lady Alma Layered Igneous Complex within the Gabanintha Project.

Lady Alma is an under-explored, highly prospective environment with significant potential to host copper, gold and nickel and platinum group elements (PGE) mineralisation.

Proactive

Australian Vanadium Ltd (ASX:AVL) welcomes first results from Bryah Resources Ltd (ASX:BYH)'s aircore drilling across the Lady Alma Layered Igneous Complex (LALIC) within the Gabanintha Project, about 40 kilometres SSE of Meekatharra in WA, that located a new gold-bearing fault structure.

This recently completed aircore program was designed to investigate the extent and zonation of the LALIC, which has potential to host nickel-copper-gold and platinum group elements (PGE) mineralisation.

The joint Bryah/Australian Vanadium program was undertaken with Exploration Incentive Scheme grant funding of up to $53,000 from the Department of Mines, Industry Regulation and Safety (DMIRS) as a contribution towards drilling costs.

Stockhead

Bryah’s recent aircore drill program is paying off with the discovery of multiple gold targets across the Lady Alma Layered Igneous Complex in its Gabanintha project.

Initial results from the 133-hole program have identified gold mineralisation in a new fault structure about 1.7km southeast along strike from the New Hope prospect where high-grade gold was intersected and supports potential for significant gold mineralisation in nine structural corridors over 11km.

What’s likely to be just as exciting for Bryah Resources (ASX:BYH) is that this new potential is based on the 455 assay results received to date, indicating there is potential for more to come from the plus 1,000 assays that are still outstanding, which so far today has resulted in a 6% positive share price move.

Mining.com.au

Bryah Resources (ASX:BYH) reports that it has identified a new gold-bearing fault structure from aircore drilling at the Lady Alma Layered Igneous Complex (LALIC) within its Gabanintha Project in Western Australia.

The company states that recently received assays confirm a new prospect located 1.7km along strike from the project’s New Hope prospect. Key results from hole 21GAC013 include 9 metres @ 1.43 g/t Au from 24m; with 4 metres @ 2.48 g/t Au and 0.064% Cu from 29m.

FerroAlloyNet

Australian Vanadium Ltd (ASX:AVL) welcomes first results from Bryah Resources Ltd (ASX:BYH)'s aircore drilling across the Lady Alma Layered Igneous Complex (LALIC) within the Gabanintha Project.

Stockhead

Bryah Resources has expanded its footprint in WA, securing three exploration licences covering 50 km² around its existing land holding in the Bryah and Padbury Basins.

The Bryah Basin hosts the high-grade copper-gold mines at DeGrussa, discovered by Sandfire Resources (ASX:SFR) in 2009, and at Horseshoe Lights, which was mined until 1994.

It also hosts several historical and current manganese mines including the company’s Horseshoe South mine.

Stockhead

The search for copper and gold riches at Bryah Resources’ Windalah anomaly is getting warmer as aircore drilling continues to grow the strike-length and prospectivity of the VMS target.

Aircore drilling by Bryah (ASX:BYH) has boosted the strike length of the multi-element anomaly well beyond 500m.

Results of 986 ppm arsenic and 136 ppm antimony in hole 21WEAC053 and up to 17 ppm molybdenum in hole 21WEAC052 may not provide direct evidence of a major copper or gold find, but they do show the pathfinders of a big VMS system are there – and at higher levels than previous aircore drilling in 2020.

The West Australian [subscription]

Bryah Resources’ gold spin-off Star Minerals has easily raised $5 million in an initial public offering ahead of its listing on the ASX early next month.

Sydney-based Magnolia Capital Group has pledged to take up $2.5m of the $5m sought under the offering.

Financial Review [subscription]

Magnolia Capital Group has cornerstoned Western Australia gold miner Star Mineral’s $5 million IPO, taking up half of the total raise.

Star Minerals will use the funds to acquire ASX-listed Bryah Resources’ Tumblegum South holding for $500,000 cash, 9 million shares and 7 million performance rights. Bryah announced this transaction in March.

The Star

PETALING JAYA: OM Holdings Ltd’s joint venture (JV) with Bryah Resources Ltd has commenced drilling for manganese in the Bryah Basin, 150km north of the central Western Australian town of Meekatharra.

Stockhead

Reverse circulation drilling is underway at Bryah Resources’ Bryah Basin manganese JV, in a 2000m program fully funded by partner OM Holdings.

The drilling will test some potentially concealed manganese targets identified by recent gradient array induced polarisation geophysical surveying at the Brumby Creek prospect, focused on the Bryah West, Redrum, Mollie and Clover targets.

Stockhead

Got 90 seconds? Then listen to Managing Director, Neil Marston tell us about their company news.

Bryah Resources Limited (ASX:BYH) is a Perth-based mineral exploration company with a focus on exploration for high-grade copper-gold and manganese resources located in its two project areas in the Bryah Basin and at Gabanintha in the Meekatharra region of Western Australia.

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.

The Market Herald

• Bryah Resources (BYH) receives further results from the Mount Labouchere Prospect in Western Australia
• Early last year, the company drilled 16 shallow reverse circulation holes with samples showing anomalous copper, cobalt and nickel mineralisation
• This prompted Bryah to drill six aircore holes in May which saw grades peak at 0.22 per cent copper, 0.11 per cent cobalt and 0.16 per cent nickel
• Planning is now underway for the next phase of exploration
• Bryah ends the day 1.96 per cent in the red with shares trading at five cents

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.

Business News [subscription]

A new mine in WA and aspiring producers are contributing to rising Australian manganese output.

Stockhead

Bryah’s sampling of previously drilled holes at the Australian Vanadium Project has underscored the potential for Gabanintha to host a large-scale gold system.

The company had assayed 1,377 samples from 23 holes with 124 samples returning gold grades exceeding 0.1 grams per tonne (g/t) gold with the latest results returning notable intersections of 21m at 0.74g/t gold from surface and 6m at 0.53g/t gold from 39m.

These follow up on notable intersections of 10m at 27.5g/t gold from 53m including 1m at 182g/t gold from 55m that it reported earlier this year at the New Hope prospect.

Bryah Resources (ASX:BYH) says the latest results support the view that gold occurs in several cross-cutting fault zones within the vanadium-titanium-magnetite deposit.

As such, the major cross faults over the 11km VTM deposit now represent untested gold targets with the company planning a 1,000m RC drilling program to test shallow mineralisation.

Stockhead

Got 90 seconds? Then listen to Managing Director, Neil Marston tell us about their company news.

Bryah Resources Limited (ASX:BYH) is a Perth-based mineral exploration company with a focus on exploration for high-grade copper-gold and manganese resources located in its two projects areas in the Bryah Basin and at Gabanintha in the Meekatharra region of Western Australia.

Bryah’s joint venture partner OM holdings has recently grown its stake in the Bryah Basin manganese project to 51%.

We gave Neil Marston, Managing Director of Bryah Resources, 90 seconds to tell us more about the recent announcement

Stockhead

Bryah is increasingly confident that it is vectoring in on a potential copper-gold source at its Windalah prospect after drilling intersected a broad sulphide-rich zone.

Notably, the zone returned highly-elevated volcanogenic massive sulphide (VMS) pathfinder minerals as well as top copper hits of 2m at 0.23% copper from 132m and 4m at 0.12% copper from 136m.

Along with a dipole-dipole induced polarisation survey identifying a coincident geophysical anomaly at depth, Bryah Resources (ASX:BYH) believes that the latest drilling of eight holes in April is closer to the copper-gold source.

The result is encouraging as the Bryah Basin, where Windalah is located, hosts some world-class VMS copper-gold deposits such as Sandfire’s DeGrussa.

Seeking Alpha

"Bryah Resources reports 31.3Mt Nickel-Copper-Cobalt Mineral Resource at the Australian Vanadium Project." Highlights include:

• "Bryah Resources (ASX:BYH) reports 31.3 million tonne nickel-copper-cobalt Mineral Resource at the Australian Vanadium Project (appended).
• Bryah holds a suite of mineral rights including nickel, copper and gold over the Australian Vanadium Project at Gabanintha.
• AVL holds the mineral rights to vanadium, titanium, iron and cobalt and is a major shareholder (7.14%) of Bryah.

Stockhead

In a sign of confidence for Bryah Resources’ developing Bryah Basin manganese project, JV partner OM Holdings has committed to grow its stake to 51%.

OM, which is funding exploration at the project owned and managed by Bryah Resources (ASX: BYH), has again put its money where its mouth is with a commitment to spend a fourth tranche of $500,000 at the JV.

It will take the total investment OM has made in the JV to $3 million since 2019, after the Singapore-based miner recently spent a further $500,000 to up its stake from 30-40%.

Malaysian-listed OM’s enthusiasm for the Bryah Basin JV has only gotten stronger since Bryah reported recent samples of up to 49% in rock chips.
While it didn’t release an announcement of its own, OM’s shares skyrocketed this morning by 24% to more than $1.

Livewire

180 Markets raised $4m for Bryah Resources (ASX: BYH) at a price of 7.5c per share. All investors received a free attaching 9c option that will expire in 2023. The raise was many times oversubscribed which is not surprising given the current investor confidence in the copper, gold and manganese sectors. Funds raised will be applied for its extremely busy drilling at the company's Bryah Basin and Gabanintha projects, for sample analyses, technological staff & contractors, remote sensing and metallurgical testwork. Bryah Resources has successfully been granted an allocation of up to $585,000 in JMEI tax credits for the 2020/2021 income tax year. It has been a long time coming since Bryah Resources has been fully funded and now they are able to be fully capitalised on their drilling projects. Drill Drill Drill. Previous raises have fallen short and we at 180 Markets were extremely proud to be so heavily oversubscribed.

Stockhead

ASX Capital Raise Review is a fortnightly look at ASX capital raisings.

Should we lock ‘em down for 22 hours per day or let ‘em loose, in Melbourne? Is inflation heading out of control or is technology innovation the ultimate deflator? What are the correct answers? The simple truth is we don’t know and you should be prepared to get comfortable with uncertainty.

Regarding the inflation topic, we are seeing strong interest in those companies with commodity projects including the likes of Duke Exploration (ASX: DEX), Argonaut Resources (ASX: ARE), and Bryah Resources (ASX: BYH) which act as a hedge against inflation. Whether inflation is real or perceived, the issue is affecting current share prices positively.

Business News [subscription]

Bryah Resources has secured funds from a heavily oversubscribed share placement to continue its search for copper and gold in WA's Murchison region.

The West Australian [subscription]

Junior explorer Bryah Resources has closed out a heavily oversubscribed capital raising as it continues to hunt for copper and gold in the Murchison.

Stockhead RockTalks

RockTalks is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week. The program is sponsored by Bridge Street Capital Partners, a leading ECM and principal investment firm focused on mining, energy & tech.

In this episode, host Peter Strachan takes a look at the copper market.

Populating the expert panel for this discussion is Neil Marston, managing director, Bryah Resources (ASX:BYH), Rob Tyson, managing director, Peel Mining (ASX:PEX) and Tim Mason, CEO of Eagle Mountain Mining (ASX:EM2).

The group discuss a range of topics, including Australia’s copper hotspots, key investment locations, the respective company’s flagship projects and much more.

Mining Weekly

Perth-based explorer Bryah Resources has received binding commitments totalling $3.95-million for a 52-million share placement the company plans to offer.

The free attaching options the company will be offering, with an issue price of $0.075 apiece and exercise price of $0.09 apiece, will expire on January 2023 and are of the same security class as existing listed options on the ASX.

Stockhead

Investors have demonstrated their belief in Bryah and its copper-gold exploration in Western Australia by committing to a $3.95m share placement.

Notably, the placement price represents a miniscule 1.06 per cent discount to the 15-day volume weighted average price of BYH shares.

Each share also includes a free attaching option that expires on 31 January 2023 and has an exercise price of 9c.

Proceeds from the placement of 52.67 million shares priced at 7.5c each will be used to fund diamond, reverse circulation and aircore drilling across multiple gold and copper-gold targets at its Bryah Basin and Gabanintha projects.

Mining Weekly

Junior Bryah Resources has reported a 31.3-million-tonne nickel/copper/cobalt mineral resource estimate for the Australian Vanadium deposit, at its Gabanintha project in Western Australia.

Fellow-listed Australian Vanadium, which holds the mineral rights to the vanadium, titanium, iron and cobalt at the deposit, is currently undertaking a bankable feasibility study for a vanadium operation.

Stockhead

Bryah has upgraded resources at its Gabanintha project in Western Australia that includes an indicated component within planned open pits.

The resource at Gabanintha now stands at 31.3 million tonnes grading 761 parts per million (ppm) nickel, 210ppm copper and 228ppm cobalt, or a contained resource of 23,770t of nickel, 6,556t of copper and 7,116t of cobalt.

That’s a 119 per cent increase from the previous estimate.

Importantly, Bryah Resources (ASX:BYH) notes that this includes a higher confidence indicated resource of 17.7Mt at 760ppm nickel, 205ppm copper and 229ppm cobalt, situated within the high-grade vanadium zone (HG10) within the three planned open pits of the Australian Vanadium Project.

Mining Business Media

West Australian explorer Bryah Resources says it’s opened the way for a PFS on the potential for a base metals concentrate development with the announcement of an updated nickel, copper and cobalt resource at the Gabanintha project in central WA.
The indicated-inferred mineral resource of 31.3Mt @ 761ppm for 23,770t Ni, 210ppm for 6,556t Cu and 228ppm for 7,116t Co occurs within planned openpit mining areas at the project 100km N of Meekatharra. It represents a 119% increase from its previous estimate.
Bryah’s PFS will proceed separately from a current bankable feasibility study by Australian Vanadium, which holds mineral rights to vanadium, titanium, iron and cobalt at the Gabanintha project.

The Market Herald

• Bryah Resources (BYH) has identified a shallow off-hole conductor at the Windalah Prospect in Western Australia
• In April, the company drilled eight reverse circulation (RC) holes to test below the volcanogenic massive sulphide (VMS) anomaly identified in previous work
• Five of the RC holes were cased for downhole electromagnetic (DHEM) surveying with an anomaly identified in two of the holes
• This anomaly measures roughly 110 metres in strike and 85 metres in depth and dips towards the southwest
• Bryah is up 2.74 per cent and shares are trading at 7.5 cents

Stockhead

Down-hole electromagnetic work has identified Bryah’s target for exploration activities next week at the Windalah prospect in Western Australia.

Notably, the DHEM is in a stratigraphic location analogous to the nearby high-grade volcanogenic massive sulphide (VMS) Horseshoe Lights copper-gold mine.

The new shallow off-hole conductor was discovered from DHEM work carried out in eight new reverse circulation holes that were drilled in April to test below significant VMS pathfinder minerals identified in earlier soil sampling and aircore drilling.

Adding interest, Bryah Resources (ASX:BYH) notes previous drilling in the immediate area has also recorded some noteworthy gold results.

Small Caps

On the junior end of town is Bryah Resources (ASX: BYH) with its 60% interest in the Bryah Basin manganese joint venture.

OM is funding exploration to earn up to 70% of the manganese rights to 600sq km of Bryah’s tenement package in the region.

The joint venture includes the Horseshoe South manganese mine, which is the region’s largest historic manganese mine.

The Market Herald

• Bryah Resources (BYH) has reported high-grade manganese at the Bryah Basin Manganese joint venture project in WA following scans of core from recent diamond drilling
• The non-destructive XRF analysis provides assay data at ten-centimetre intervals along the core to be acquired and evaluated
• The core from one drill hole included 48 intervals grading between 30 and 40 per cent manganese and fifteen samples exceeding 40 per cent, with a peak grade of 52.6 per cent
• BYH plans to use the core in a series of beneficiation tests to ascertain the best methods to produce a quality manganese product. Those results will flow into the company's mineral resource estimation work

Stockhead

Significant high-grade manganese has been detected in core scans taken from diamond drilling at the Bryah Basin Manganese Joint Venture project in WA.  

Core taken from drilling at the project, which is currently 60%-owned by Bryah Resources (ASX:BYH) and 40%-owned by OM (Manganese) Limited, was recently scanned using high-resolution non-destructive X-ray fluorescence (XRF) analysis with exciting results.

Scanning confirmed the presence of shallow, high-grade manganese, with some grades exceeding 50% manganese over 10cm intervals.

Results of core scanning for drill hole BRDD005 included 48 10cm intervals grading between 30% and 40% manganese, and 15 samples above 40% manganese, with a peak grade of 52.6% manganese over one 10cm interval.

Stockhead

Drilling is now underway at Bryah’s namesake project with the first holes testing the Windalah prospect, a lookalike of the historical Horseshoe Lights copper-gold mine.

Horseshoe Lights, located 13km to the north, is a historical mine that produced 3.3 million tonnes of ore grading 2.9 grams per tonne gold and 1.7 per cent copper since its discovery in 1946 till production ended in 1994.

The company plans to complete about 8,000m of deep reverse circulation and diamond drilling at Windalah in three phases to test below significant volcanogenic massive sulphide (VMS) pathfinder minerals identified in earlier soil sampling and aircore drilling.

The Market Herald

• Bryah Resources (BYH) has begun a major drilling program at its Windalah Prospect in Western Australia
• Up to 8000 metres of reverse circulation (RC) and diamond drilling will be undertaken to test below a multi-element volcanic massive sulphide target
• Drilling will be carried out in three phases to allow for downhole electromagnetic (DHEM) surveys to be completed between each phase
• Bryah may add extra holes to the program once initial results are received
• Shares in Bryah are up 4.29 per cent and are trading at 7.3 cents

The Assay

RC And Diamond Drilling Campaign Underway In WA

Bryah Resources Limited (ASX:BYH) has commenced a major drilling programme at the company’s Windalah Prospect within its Bryah Basin Project located in central Western Australia.

The company plans to drill approximately 8,000m of Reverse Circulation (RC) /diamond drilling to depths of 350 metres to test below the significant multi- element pathfinder minerals anomaly identified in earlier soil sampling and aircore drilling. This deep drilling is planned to be done in three phases to enable the completion and interpretation of down hole electromagnetic (DHEM) surveys between each drilling phase.

Managing Director, Neil Marston, said Phase 1 RC/diamond drilling of 2,000m is scheduled to commence in the coming days with holes to be prepared for follow-up DHEM surveying.

Business News [subscription]

High-quality copper prospects are becoming hard to find, but juniors are poised for the challenge.

Stockhead

Bryah is embarking on a major drilling campaign to test the Windalah copper-gold prospect and other high-priority targets within its Bryah Basin project.

Windalah is the first cab off the rank with the company planning to carry out about 8,000m of reverse circulation and diamond drilling to depths of 350m to test below significant volcanogenic massive sulphide (VMS) pathfinder minerals identified in earlier soil sampling and aircore drilling.

Recent aircore drilling results included up to 455 parts per million arsenic, 48.5ppm antimony and 12.7ppm molybdenum.

The Market Herald

• Bryah Resources (BYH) will begin an 18,000-metre drilling campaign in the coming days at its Bryah Basin Project in Western Australia
• The company will complete 8000 metres of reverse circulation and diamond drilling beneath previously unearthed volcanic massive sulfide pathfinder elements at the Windalah prospect
• This will be followed by 10,000 metres of aircore drilling across several prospects, which the company expects to begin in May
• Shares last traded at 6.9 cents

Paydirt

Bryah Resources Ltd announce last month it was vending its Tumblegum South project (resource of 600,000t @ 2.2 g/t gold for 42,500oz) into the Melbourne-based unlisted public company Star Minerals Ltd for $500,000 cash, 9 million shares and 7 million performance options.

Star must undertake an IPO and be approved to join the ASX before May 31 for the transaction to be finalised.

Kalgoorlie Miner

Bryah lauds grades of Gabanintha samples

Australian Mining

Bryah Resources has encountered bonanza gold grades at Australian Vanadium’s namesake vanadium-titanium-magnetite project in Western Australia.

The company received assay results from 17 holes, with intercepts including 10 metres at 27.5 grams per tonne of gold from 53 metres.

This includes four metres at 64.3 grams per tonne of gold from 54 metres.

Bryah managing director Neil Marston said these latest gold assays confirmed the exciting gold potential of the historic mining area of Gabanintha.

Australian Mining

Bryah Resources has encountered bonanza gold grades at Australian Vanadium’s namesake vanadium-titanium-magnetite project in Western Australia.

The company received assay results from 17 holes, with intercepts including 10 metres at 27.5 grams per tonne of gold from 53 metres.

This includes four metres at 64.3 grams per tonne of gold from 54 metres.

Stockhead

Drilling at Bryah’s Gabanintha project has delivered bonanza gold grades of up to 182g/t gold in a cross-cutting fault zone that could host significant mineralisation.

The top 1m intercept from a depth of 55m is located within a broader 4m zone grading 64.3 grams per tonne (g/t) gold from 54m that is itself located in a 10m intersection at 27.5gt gold from 53m.

Notably, the discovery of high-grade gold means the major cross faults over the vanadium-titanium-magnetite (VTM) deposit now represent untested gold targets.

Bryah Resources (ASX:BYH) holds a suite of mineral rights such as nickel, copper and gold over the Gabanintha project while Australian Vanadium holds the rights to vanadium, titanium, iron ore and cobalt.

Stockhead

Bryah Resources (ASX:BYH)

WA-focused gold explorer Bryah Resources soared in morning trading after it announced an impressive hit of 182 grams per tonne (g/t) gold at its Gabanintha project.

The hit was one of 17 holes drilled at Gabanintha and shows high-grade gold occurs in a cross-cutting fault zone within the project’s vanadium-titanium-magnetite deposit.

Australian Vanadium (ASX:AVL) has a 7.3 per cent equity stake in Bryah Resources and holds the rights to vanadium, titanium, iron ore and cobalt at Gabanintha.

“Recording exceptionally high-grade gold assays of 10 metres grading 27.5 g/t gold with 1 metre assays of up to 182 g/t gold within a fault cross-cutting the high-grade vanadium zone opens up a whole new exploration concept for the company to target,” managing director, Neil Marston, said.

The Market Herald

• Bryah Resources' (BYH) latest drilling campaign at Australian Vanadium's (AVL) namesake project has registered bonanza gold grades
• Byrah holds the rights to all the nickel, copper and gold at the WA-based project, while AVL holds the rights to cobalt, the resource and the deposit
• Best results from the program include 10 metres at 27.5 g/t gold from 53 metres, including four metres at 64.3 g/t gold from 54 metres and one metre at 182g/t gold
• BYH believes the deposit has high-grade gold occurring in a cross-cutting fault zone with the potential for significant gold mineralisation
• It's now planning to test additional drill samples from the deposit, while also planning follow-up reverse circulation drilling
• Shares in BYH have surged following the news, trading up 67.8 per cent at 9.5 cents, while AVL shares are steady at 2.5 cents

Stockhead

Bryah Resources (ASX:BYH) rose after an exploration update at its Gabanintha gold project.

Stockhead

RockTalks is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week. The program is sponsored by Bridge Street Capital Partners, a leading ECM and principal investment firm focused on mining, energy & tech.

In this episode, host Peter Strachan takes a look at the copper market.

Populating the expert panel for this discussion is Peter George, managing director of Alicanto Minerals (ASX:AQI), Neil Marston, managing director of Bryah Resources (ASX:BYH) and Christian Easterday, managing director of Hot Chill (ASX:HCH).

The group discusses a range of topics, including the South American copper pipeline, how COVID-19 will impact near-term copper development, developments in Bryah Basin, European domestic copper demand trends, M&A activity in the sector and much more.

Stockhead

Bryah Resources (ASX:BYH) has a plan to help it focus on its core copper-gold exploration projects while retaining significant exposure to near-term gold production at Tumblegum South. 

The agreement with Star Minerals will see Bryah receive $500,000 cash, 9 million shares (valued at $1.8m) and 7m performance rights.

Bryah will likely hold 21.6 per cent equity in the new explorer upon its successful ASX listing, which could increase to over 30 per cent through conversion of performance rights upon commencement of gold production at Tumblegum South.

Both transactions are conditional upon Star Minerals undertaking its $5m IPO and obtaining ASX approval to list by 31 May 2021.

Stockhead

This company has feet in multiple commodities including gold, manganese and copper.

But Pilgrim is most bullish about the latter of these.

“(The) copper price has gone from $2.50 per pound to $4.20 in last six months and that’s off the back of Biden’s Green New Deal – (a) $1 trillion investment into renewable energy space,” he told Stockhead.

“Which is going to require a lot of copper and there has been a lack of investment in copper exploration in the last 10 years due to the depressed copper price.

“The copper price has run on strength and we think the funds will start flowing into the copper explorers like it did with gold.”

Pilgrim also noted the company’s project is in the same basin as the DeGrussa mine discovered by Sandfire Resources (ASX:SFR).

“It’s a known geological setting for VMS style copper deposits and we feel they’re potentially on the road to a major discovery,” he declared.

Stockhead

Recently completed diamond drilling at Bryah’s manganese assets intersected mineralisation consistent with the geological interpretation from earlier drilling.

This is particularly notable given that previous drilling had intersected high-grade mineralisation.

Bryah Resources (ASX:BYH) highlighted drill hole BRDD005 that tested a high-grade zone of manganese identified by reverse circulation drilling at Area 74 within the Brumby Creek prospect.

Zones of blue-grey high-grade manganese are clearly visible in the BRDD005 drill core and are generally separate from the red-brown iron rich shale zones.

The Market Herald

• Bryah Resources (BYH) has drilled seven shallow holes at its Bryah Basin Manganese Joint Venture Project in WA
• Two holes were drilled at the Horseshoe South Extended area, while the other five were drilled at the Brumby Creek Project
• During this program, Bryah identified manganese mineralisation matches previously drilled samples
• The company will beneficiate the core samples for commercialisation
• On the market today, Bryah Resources is down 1.69 per cent and trading at 5.8 cents

The Market Herald

• Primero Group (PGX) has said no deal to its proposed purchase of Bryah Resources' (BYH) 70 per cent stake in the Bryah Basin Manganese Joint Venture
• Just last week, Bryah gave the all-clear for Primero to purchase the interest
• However, Primero has now dropped the deal, as some "outstanding conditions on the deal not been met"
• While initially all for the deal, Bryah said it was "happy to retain" its 70 per cent interest
• On the market today, Bryah is down 6.25 per cent and trading at 6 cents per share, while Primero is up 1.77 per cent and trading at 57.5 cents each

Business News [subscription]

Bryah Resources will hold on to its 70 per cent stake in a Mid West manganese project, after joint buyers Primero Group and investment firm AMCI withdrew their $5 million offer.

Stockhead

Bryah is retaining its interest in the Bryah Basin Manganese Joint Venture after an acquisition offer fell over, but the company is happy to retain the project.

And it is not hard to see why.

Manganese has received a lot of love recently as the industrial metal, which is typically used in the manufacture of steel, is increasingly being seen as a low-cost solution for the manufacture of batteries for the growing electric vehicle sector.

This has been sparked in large part by Tesla’s introduction of a new battery with a cathode that is 33 per cent manganese.

Stockhead

Gold has been uncovered at the Gabanintha project in central Western Australia, where Bryah Resources (ASX:BYH) holds a suite of mineral rights. 

Up to 3 grams per tonne (g/t) gold were recorded in the latest assay results from an initial selection of historical drill samples from Australian Vanadium’s (ASX:AVL) namesake project within Gabanintha.

Additionally, a review of metallurgical test work undertaken by AVL showed the presence of gold along with cobalt, nickel and copper in the non-magnetic tail after separation of the vanadium, titanium and magnetite.

Stockhead

Stock analysis veteran and lover of the resources game, Peter Strachan, is back for another instalment of the Rock Yarns podcast.

In this episode Peter chats with Neil Marston, managing director and company secretary of Bryah Resources (ASX:BYH).

Bryah is a Perth-based mineral exploration company with a focus on exploration for high-grade copper-gold and manganese resources located in its two projects areas in the Bryah Basin and at Gabanintha in the Meekatharra region of Western Australia.

Mining Weekly

A subsidiary of ASX-listed OM Holdings, OM Manganese, has waived its pre-emptive rights to match a A$5-million conditional cash offer for ASX-listed Bryah Resources interest in the Bryah Basin manganese joint venture (JV).

Bryah last year announced a A$5-million transaction with ASX-listed Primero Group and natural resources specialist investor AMCI Group to divest of its manganese rights over the JV tenement package, allowing Bryah to maintain exposure to all other commodities within the licence.

Stockhead

The $5m cash windfall will enable Bryah Resources (ASX:BYH) – which recently raised another $1.3m — to more aggressively focus on its gold-copper assets in WA as well as evaluating other opportunities, it says.

In November, Bryah received a $5 million cash offer for its interest in the Bryah Basin Manganese Joint Venture with OM Holdings (ASX:OMH).

The bid came from well-funded mining services play Primero Group (ASX:PGX) and natural resources specialist investor, AMCI Group.

OMH – which holds a 30 per cent interest and is funding further exploration to earn up to a 51 per cent from Bryah — had a pre-emptive right to match the cash offer.

OMH has now advised Bryah that it will not match the offer, which allows the explorer to finalise the $5m deal.

Importantly, Bryah retains rights to all commodities other than manganese over the joint venture area, which is highly prospective for copper and gold.

The Market Herald

• Bryah Resources (BYH) is now free to proceed with selling its 70 per cent joint venture interest in the Bryah Basin Project in WA
• The joint venture is held with OM Holdings' (OMH) subsidiary, OM Manganese (OMM)
• While OMM is funding exploration to increase its interest, Bryah received a $5 million bid from Primero Group and ACMI Group in November last year
• Before it formally accepted, Bryah checked if OMM would want to match the offer
• However, its former joint venture partner has now waived its pre-emptive right which means Bryah can sell its interest to Primero and ACMI
• Despite the sale of its manganese interest, Bryah retains the right to explore for other commodities, such as copper and gold, within the Bryah Basin
• Bryah is trading grey at 7.6 cents

Stockhead

Bryah Resources’ Bryah Basin joint venture has hit high grade manganese while drilling the historic Horseshoe South mine, as it works towards a maiden resource estimate for the project.

The latest results from the Bryah Basin manganese joint venture – owned 70% by Bryah Resources (ASX:BYH) and 30% by a subsidiary of OM Holdings (ASX:OMH) – are the last to come of a program carried out in October and November last year to allow improved geological modelling of the historic mine site.

They did just that, with Bryah stating the latest results confirmed the presence of high-grade manganese mineralisation beneath the existing main pit floor and provided an increased geological understanding of the area.

Stockhead

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data.

It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has commenced trading.

Bryah Resources (ASX:BYH) jumped on a market-moving announcement, after announcing a high-grade manganese strike at its Meekatharra project in central Western Australia.

Stockhead

• Coal explorer Prairie could score big payday if it wins legal battle against Polish government
• Red Mountain Mining has rare earths and gold exploration results pending
• Bryah Resources hits high grade manganese under historic Horseshoe Lights mine

The Market Herald

• Bryah Resources (BYH) has intersected high-grade manganese mineralisation at the Horseshoe South Manganese Mine in Western Australia
• Reverse circulation (RC) drilling was recently completed to update the geological model ahead of a mineral resource estimate
• 40 holes were drilled across the Main Open Pit and the Extended Open Pit areas
• At the Main Open Pit, grades peaked at 44.3 per cent manganese while at the Extended Open Pit grades peaked at 33.8 per cent manganese
• Bryah is up a healthy 25.7 per cent on the back of this news with shares trading at 8.8 cents

Stockhead

Aircore drilling has mapped out the promising Narracoota-Ravelstone Formation contact at Bryah’s Fortnum East prospect over a strike of 4.7km.

Importantly, the copper anomalism – 21m at 288 parts per million – identified on the southernmost line highlights the potential of this zone to be analogous to the Wodger copper-gold deposit about 4km to the west.

Aircore drilling at Bryah Resources’ (ASX:BYH) Wongawar prospect, also in Western Australia’s Bryah Basin, has recorded shallow gold in multiple drill holes.

The Market Herald

• Bryah Resources (BYH) has received binding commitments to raise $1.3 million via a share placement
• More than 21.6 million new shares will be issued to sophisticated and professional investors at six cents
• This price represents a 16.1 per cent discount to the 15-day volume-weighted average price of 7.1 cents
• Additionally, more than 10.8 million attaching options will be issued, with participants to receive one free attaching option for every two shares issued
• Bryah will use the funds to undertake exploration activities at its gold and copper prospects at its Bryah Basin Project in Western Australia
• Bryah has ended the day a slight 1.56 per cent in the green with shares trading at 6.5 cents

The Australian Mining Review

Bryah Resources has received a conditional offer for a 100% cash purchase of its interest in the Bryah Basin Manganese Joint Venture.  OM (Manganese) Ltd, a wholly owned subsidiary of OM Holding Ltd, currently holds a 10% interest and is funding further exploration to earn up to a 51% JV interest from Bryah, and has a pre-emptive right to match the cash offer.

Stockhead

Bryah Resources will bank an extra $1.3 million to spend on copper-gold exploration on the back of a successful placement.  

Bryah Resources (ASX:BYH) raised the cash to fund further exploration activity at its Bryah Basin and Gabanintha projects in central Western Australia.

The funds will be applied towards diamond and RC drilling programs at the highly prospective Windalah project in the Bryah Basin; gold and base metal exploration at Gabanintha; the costs of the placement and general working capital.

The raising comes shortly following a $5 million offer from Primero Group and ACMI Group for Bryah’s interest in the Bryah Basin Managese Joint Venture.

Bryah intends to accept that offer should JV partner OM Holdings (ASX:OMH) choose not to match it.

Managing director Neil Marston said the additional funds would allow the company to progress its exploration goals in the new year.

The Assay

Multi-Element Anomaly To Be Tested At Windalah

Bryah Resources Limited (ASX:BYH) has identified the presence of a broad, high-tenor down hole multi- element geochemical anomaly associated with copper and gold with A/C drilling at Windalah East in Western Australia.

The company has now completed a total 67 holes for 5,999m of AC drilling over four prospect areas.

Drilling at the Windalah East prospect has also returned highly anomalous results in Volcanogenic Massive Sulphide (VMS) pathfinder minerals including, up to 455 ppm Arsenic, up to 48.5 ppm Antimony and up to 12.7 ppm Molybdenum.

The Pick

Bryah Resources Limited (ASX:BYH) has identified the presence of a broad, high-tenor down hole multi- element geochemical anomaly associated with copper and gold with A/C drilling at Windalah East in Western Australia.

The Market Herald

• Bryah Resources (BYH) has confirmed a down-hole geochemical anomaly at the Windalah East prospect within the Bryah Basin of WA
• A total of 67 holes were drilled over four prospects and 27 of these were completed at Windalah East
• The newly-identified copper-gold anomaly spans a 500-metre strike length and is open to the northwest
• The down-hole anomaly coincides with a previous anomaly identified during a geophysical survey conducted in 2018
• In addition to copper and gold, drilling returned highly anomalous results in volcanogenic massive sulphide (VMS) pathfinder minerals
• Bryah Resources is now planning a follow-up drilling program for early next year

Stockhead

Bryah has identified a volcanogenic massive sulphide target at its Windalah project that is similar to the nearby Horseshoe Lights copper-gold deposit.

Its recently completed aircore drilling program in the Windalah East prospect intersected anomalous copper and gold along with key pathfinder minerals, including up to 455 parts per million arsenic, 48.5ppm antimony and 12.7ppm molybdenum.

These are commonly associated with VMS deposits.

The Market Herald

• Bryah Resources (BYH) has completed diamond drilling at the Tumblegum South gold deposit in Western Australia
• The aim of this drilling was to confirm the grades of mineralisation, provide samples for metallurgical testwork, and confirm interpretations in the geological model
• Three holes were drilled and the core will now be geologically logged and orientated on site and then transported to Perth for cutting
• Samples will then be submitted to the laboratory for gold and multi-element analysis
• Bryah ended the day 1.45 per cent in the green with shares trading at 7 cents

Stockhead

Bryah is now waiting on assay results from its three-hole diamond drilling program at the Tumblegum South gold deposit in Western Australia.

The drilling was aimed at confirming high-grade mineralised zones and the geological model of the deposit within its Gabanintha project about 40km south of Meekatharra.

Bryah Resources (ASX:BYH) says the drilling is an important step towards improving the status of the inferred resource, which currently stands at 600,000t grading 2.2 grams per tonne for 42,500oz of contained gold.

Core from the drill program will be orientated and geologically logged on site before being transported to Perth for cutting, with samples being submitted to a laboratory for gold and multi-element analysis.

Business News [subscription]

OM Holdings has raised its stake in a manganese project, two days after joint venture partner Bryah Resources received a $5 million cash offer for its interest in the asset.

OM now holds a 30 per cent stake in the project, situated in Western Australia’s Bryah Basin.

Bryah holds the remaining 70 per cent.

The companies entered into a $7.3 million farm-in arrangement in 2019, which gave OM the option of earning a 70 per cent JV interest.

Mining Weekly

ASX-listed OM Holdings, through its subsidiary OM Manganese, has increased its shareholding in its manganese joint venture (JV) with Bryah Resources, days after the latter announced plans to sell its interest.

As part of its farm-in and JV agreement with Bryah, OM Manganese has funded a further A$500 000 in project expenditure, taking its interest in the project to 30%.

The Market Herald

• Bryah Resources (BYH) has begun diamond drilling at the Tumblegum South gold deposit in Western Australia
• Three holes have been planned with aims to confirm the grades of mineralisation, confirm the interpretations made in the geological model, and provide samples metallurgical testwork
• Drilling is an important step towards improving the current mineral resource estimate of Tumblegum South
• Results will be reported on in due course
• Bryah has ended the day a slight 1.32 per cent in the red, with shares trading for 7.5 cents each

Stockhead

Special Report: Bryah is looking to confirm high-grade mineralised zones and a geological model at the Tumblegum South gold deposit with a three-hole diamond drill program.

Selected core from the drilling at the deposit within its Gabanintha project about 40km south of Meekatharra will also be used for communition and metallurgical test work.

The three-hole program totalling 165m is a key step in Bryah Resources’ (ASX:BYH) plan to advance the project towards gold production.

Tumblegum South has a current inferred resource of 600,000 tonnes grading 2.2 grams per tonne (g/t) gold for 42,500oz of contained precious metal.

Hot Copper

• BRYAH RESOURCES LTD- RECEIVES $5 MILLION CASH OFFER FOR MANGANESE INTERESTS
• BRYAH RESOURCES- OM (MANGANESE) HOLDS A PRE-EMPTIVE RIGHT TO MATCH OFFER PURCHASE PRICE AND HAS BEEN SERVED NOTICE TO TRIGGER THIS RIGHT
• BRYAH RESOURCES- CO TO RETAIN RIGHTS TO ALL COMMODITIES OTHER THAN MANGANESE OVER JOINT VENTURE AREA

Kalgoorlie Miner

Junior Murchison gold explorer Bryah Resources could be in for a $5 million cash windfall through the potential sale of its manganese interests to a joint Perth-US bid.

Bryah announced to the ASX yesterday it had received a conditional offer for a 100 per cent cash purchase of the company's interest in the Bryah Basin Manganese Joint Venture.

Perth engineering firm Primero Group and Connecticut-based American Metals and Coal International Group are behind the offer.

Miningnews.net [subscription]

BRYAH Resources has been offered a conditional cash offer for its 80%-owned Western Australian manganese joint venture, prompting its joint venture partner to consider triggering its pre-emptive matching rights.

Investing.com

* BRYAH RESOURCES LTD- RECEIVES $5 MILLION CASH OFFER FOR MANGANESE INTERESTS

* BRYAH RESOURCES- OM (MANGANESE) HOLDS A PRE-EMPTIVE RIGHT TO MATCH OFFER PURCHASE PRICE AND HAS BEEN SERVED NOTICE TO TRIGGER THIS RIGHT

* BRYAH RESOURCES- CO TO RETAIN RIGHTS TO ALL COMMODITIES OTHER THAN MANGANESE OVER JOINT VENTURE AREA

Business News [subscription]

Contractor Primero Group and private investment firm AMCI have made a move on Bryah Resources' stake in a manganese project in Western Australia.

Bryah, based in West Perth, holds an 80 per cent stake in its manganese joint venture with OM Holdings, which holds the remaining 20 per cent interest.

The project is situated in WA’s Bryah Basin.

The companies entered into a farm-in arrangement in 2019, which gave OM the option of spending $7.3 million to earn up to a 70 per cent interest in the project.

The Market Herald

• Another ASX-lister has its eyes on Bryah Resources' (BYH) manganese interests in central WA
• Primero Group (PGX), together with resources investor ACMI Group, has tabled a $5 million offer for Bryah's stake in the Bryah Basin Manganese Joint Venture
• Currently, Bryah is exploring the JV with an offshoot of fellow materials stock OM Holdings (OMH), which has a 20 per cent stake in the manganese play
• That subsidiary also has the option to up its holding to 51 per cent, so it has the right to match the $5 million offer before anything else goes ahead
• However, if OMH's spin-off doesn't submit its own bid, Bryah intends to take the Primero and ACMI offer to the agreement stage
• Following the announcement, BYH shares rose 6.85 per cent, worth 7.8 cents each

Mining Weekly

ASX-listed Bryah Resources has received a A$5-million conditional cash offer for its interest in the Bryah Basin manganese joint venture (JV), with fellow listed OM Holdings.

The company told shareholders on Wednesday that the offer from ASX-listed Primero Group and natural resources specialist investor AMCI Group only applied to the manganese interest in the tenements, with Bryah to retain exposure to all other commodities within the licences.

Stockhead

Special Report: The sale of its Manganese Joint Venture Interest will enable a cashed-up Bryah Resources (ASX:BYH) to aggressively focus on its gold-copper exploration assets and other acquisition opportunities.

WA explorer Bryah has received – and intends to accept — a conditional $5m all-cash offer for its interest in the Bryah Basin Manganese Joint Venture with OM Holdings (ASX:OMH).

The bid comes from well-funded mining services play Primero Group (ASX:PGX) and natural resources specialist investor, AMCI Group.

ABC Goldfields Radio

Managing Director Neil Marston interviewed on ABC Goldfields Radio about the grant of Bryah Resources #gold project mining lease in the Mid West

Mid West Times

A Murchison-focused gold hopeful is hailing a remarkable turnaround in investor sentiment towards industry minnows as it takes a big step towards production.

Bryah Resources last week announced it was eyeing a 2021 start date for gold production at its Tumblegum South prospect, part of the 170sqkm Gabanintha field 40km south of Meekatharra.

The Assay

Major Step Forward In The Project Development Process

Bryah Resources Limited (ASX:BYH) has taken a major step in the development of the Tumblegum South Prospect located within its Gabanintha Project Western Australia with the granting of a mining lease.

Managing Director Neil Marston said this is a significant milestone on the pathway to near-term gold production at Tumblegum South.

“We have been successful in progressing the mining lease application and to have it granted in less than eight months is a credit to all involved and gives us a great chance to capitalise on the robust gold price.

The West Australian

A Murchison-focused gold hopeful is hailing a remarkable turnaround in investor sentiment towards industry minnows as it takes a big step towards production.

Bryah Resources yesterday announced it was eyeing a start date next year for gold production at its Tumblegum South prospect, part of the 170sqkm Gabanintha field, 40km south of Meekatharra.

Australasian Mining Review

Bryah Resources Limited (“Bryah” or “the Company”) (ASX:BYH) is pleased to announce the grant of the mining lease over the Company’s Tumblegum South Prospect located within its Gabanintha Project, in the gold-rich Meekatharra region of Western Australia.

Proactive

The Tumblegum South Project is progressing through its final stages of evaluation in readiness for mining, targeting first production as soon as 2021.

Australian Vanadium Ltd (ASX:AVL) has welcomed the grant of the Tumblegum South Mining Lease to Bryah Resources Limited (ASX:BYH) – a key milestone to advance towards production at the Gabanintha Project.

AVL retains 100% rights in the excluded minerals of vanadium, uranium, cobalt, chromium, titanium, lithium, tantalum, manganese and iron ore on the Gabanintha Project, with Bryah holding rights to all remaining minerals.

Stockhead

Special Report: WA explorer Bryah (ASX:BYH) has been granted a mining lease over its Tumblegum South prospect, a “significant milestone” as it aims for first gold production in 2021.

Tumblegum South has a current gold resource of 600,000 tonnes at 2.2 grams per tonne (g/t) for 42,500 ounces.

This small, low-cost development will generate a nice amount of cash flow at today’s high gold price, giving Bryah the flexibility to accelerate its wider exploration activities or secure new projects.

Australia's Mining Monthly

BRYAH Resources has jumped out of the blocks at the Tumblegum South gold prospect to secure a mining lease just eight months after pegging the ground. 

[subscription]

Kitco News

Bryah Resources (ASX:BYH) announced today that a mining lease over the company's Tumblegum South Prospect was granted.

The lease is located within its Gabanintha Project, in the gold-rich Meekatharra region of Western Australia.

The Tumblegum South prospect, has an inferred mineral resource of 600,000 tonnes @ 2.2 g/t Au for 42,500 oz Au.

The company said negotiations are well advanced for a collaboration agreement with a gold plant owner to develop and commence open pit gold production.

“This is a significant milestone on the pathway to near-term gold production at Tumblegum South. We have been successful in progressing the mining lease application and to have it granted in less than 8 months is a credit to all involved and gives us a great chance to capitalise on the robust gold price," said Bryah Resources Managing Director Neil Marston.

The Market Herald

• Bryah Resources (BYH) can now begin mining activities at the Tumblegum South prospect after being granted a mining lease
• The mining lease, currently owned by ASX-lister Australian Vanadium, is part of the Gabanintha Project in WA
• Tumblegum South has an existing inferred mineral resource of 600,000 tonnes at 2.2g/t gold for 42,500 ounces - however, Bryah is looking to extend this with an upcoming drilling program
• Bryah is also negotiating with a gold processing plant owner about utilising the facility to process ore from the project
• Additionally, former Fortescue Metals geologist, Greg Almond, has been appointed to drive Tumblegum South into production
• Company shares are up 3.33 per cent, last trading for 6.2 cents

Mining Weekly

Junior Bryah Resources has been granted a mining lease over its Tumblegum South gold prospect, at its Gabanintha project in Western Australia.

“This is a significant milestone on the pathway to near-term gold production at Tumblegum South. We have been successful in progressing the mining lease application and to have it granted in less than eight months is a credit to all involved and gives us a great chance to capitalise on the robust gold price,” said Bryah MD Neil Marston.

FerroAlloyNet [subscription]

Bryah Resources has manganese JV drilling underway ahead of resource estimate in early 2021

Stockhead

Special Report: Bryah Resources’ partner OM Holdings has spent over $1m on exploration at their manganese joint venture in WA, a region also renown for high-grade copper and gold.

The Bryah Basin is Bryah Resources’ (ASX:BYH) flagship project, located 150km north of Meekatharra, and is host to some of WA’s larger copper-gold mines such as Sandfire Resources’ (ASX:SFR) DeGrussa mine.

In a double-bonus, the Bryah Basin project also contains some rich manganese formations.

The Pick

Bryah Resources Limited (ASX:BYH) has kicked off the next phase of drilling under the Bryah Basin Manganese Joint Venture in Western Australia with OM (Manganese) Ltd.

Stockhead

Special Report: Bryah Resources (ASX:BYH) has kicked off infill drilling aimed at helping define a manganese resource for the Brumby Creek prospect and Horseshoe South mine.

This follows successful drilling at the Brumby Creek prospect within its Bryah Basin project in Western Australia that returned high-grade results of up to 30m at 33.6 per cent manganese from 9m.

Bryah also plans to start diamond drilling in early November to acquire core for density and beneficiation test work.

Managing director Neil Marston told Stockhead that the company has accelerated its field work to enable the completion of manganese resource estimates for the Brumby Creek, Black Hill and Horseshoe South areas in early 2021.

Proactive

This next phase of exploration will follow-up successful results in the Brumby Creek and Horseshoe South Mine areas.

Bryah Resources Ltd (ASX:BYH) has begun the next phase of drilling at the Bryah Basin Manganese Joint Venture in Western Australia with OM Manganese Ltd, a wholly-owned subsidiary of OM Holdings Ltd (ASX:OMH).

Proactive

Bryah Resources Ltd's (ASX:BYH) Neil Marston caught up with Proactive's Andrew Scott following the news this morning that they've completed an aircore (AC) drilling program of 67 holes for 5,998 metres at four high-priority gold-copper prospects within the Bryah Basin Project, in Western Australia. Samples are with the laboratory or in transit and assay results are expected in late October.

Proactive

The AC drilling tested the large soil geochemical anomaly at Windalah East, and first pass reconnaissance drilling at the Wongawar, Fortnum East and Fiddlers East prospects.

Paydirt

A lot can happen in three years, as Bryah Resources Ltd managing director Neil Marston has experienced since listing the company in October 2017.

Bryah was floated on the back of prospective gold-copper tenements about 150km north of Meekatharra. However, within a week of trading on the ASX, its focus pivoted towards manganese after Marston spotted a small mining operation on a neighbouring licence from the top of Horseshoe Range where he was attempting to make a phone call.

A lucrative JV with Bootu Creek mine operator OM Holdings Ltd followed almost 18 months after that strategic shift in direction and now, as the third anniversary of Bryah's IPO rapidly approaches, Marston appears to have a third mineral opportunity in the Bryah Basin to consider.

Stockhead

Manganese has never really piqued the interest of investors like gold, lithium or even nickel despite being one of the most used metals in the world.

That perception might soon change.

Manganese has traditionally being linked to steelmaking with about 90 per cent of all manganese going into that sector.

The market for the metal has also been disrupted by the COVID-19 pandemic with Bryah Resources (ASX:BYH) managing director Neil Marston telling Stockhead that there are currently large stock piles in Chinese ports right now that have dragged on pricing to about $US4 per dry metric tonne unit (dmtu).

“However, as these stockpiles reduce back to normal levels, we would expect to see manganese ores trading above $US5/dmtu again in 2021,” he added.

Fintech Inshorts

• Bryah Resources has received the final set of results from its recent reverse circulation drilling program at the Bryah Basin Manganese Project
• Results come from the Black Hill, Black Beauty and Cheval prospects where 95 holes drilled to test two new manganese targets and test previous extensions
• These results will also enable Bryah to complete geological modelling and a mineral resource estimate
• A heritage survey planned to begin this month to clear additional areas for drilling
• Another program of manganese drilling planned for the December quarter to test new exploration targets which there has previously not been access to
• Bryah is down 3.64 per cent and shares are currently trading for 5.3 cents

The Market Herald

• Bryah Resources (BYH) has received the final set of results from its recent reverse circulation (RC) drilling program at the Bryah Basin Manganese Project
• Results come from the Black Hill, Black Beauty and Cheval prospects where 95 holes were drilled to test two new manganese targets and test previous extensions
• Results peaked at 20.5 per cent manganese from Black Beauty, 22 per cent manganese from Cheval and 36.3 per cent manganese from Black Hill
• These results will enable Bryah to complete geological modelling and a mineral resource estimate
• Another program of manganese drilling is planned for the December quarter to test new exploration targets which there has previously not been access to
• Bryah is down 3.64 per cent and shares are currently trading for 5.3 cents

Proactive

OMM, a wholly-owned subsidiary of OM Holdings Ltd, has completed the Tranche-1 funding of $500,000 and now holds a 20% interest in the JV project.

Bryah Resources Ltd (ASX:BYH) has intersected further potential direct shipping grade manganese in reverse circulation (RC) drilling at the Bryah Basin Manganese joint venture project near Meekatharra in central Western Australia.

The Market Herald

• Bryah Resources (BYH) has begun an aircore and reconnaissance drilling program at its namesake project in central Western Australia
• Aircore drilling will test a large soil geochemical anomaly at the Windalah East prospect
• At least 30 holes, for 2500 metres, of aircore drilling is planned along with a further nine holes to test a gravity low anomaly
• Furthermore, Bryah will undertake a 2000-metre first pass reconnaissance drilling program at the Wongawar, Fortnum East and Fiddlers East prospects
• This marks the first time these prospects have been drilled
• Company shares last traded six per cent higher for 5.3 cents

The Pick

Bryah Resources Limited (ASX: BYH) has kicked off a 5,500 metre aircore (AC) drilling programme at various prospects within the company’s Bryah Basin Project, located in central Western Australia.

Proactive

The company will complete aircore drilling over a large soil geochemical anomaly with Volcanogenic Massive Sulphide potential at Windalah East prospect.

Bryah Resources Ltd (ASX:BYH) has started a 5,500-metre aircore (AC) drilling program testing four gold-copper prospects within the Bryah Basin Project in Western Australia.

The program, which is expected to take 2-3 weeks, aims to complete testing the large geochemical anomaly at Windalah East and undertake first pass reconnaissance drilling for gold-copper at the Wongawar, Fortnum East and Fiddlers East prospects.

The Market Herald

• Bryah Resources (BYH) has made a new nickel-copper-cobalt discovery at its Mount Labouchere prospect
• Mount Labouchere is located within Bryah's namesake project in central WA
• In May, the company completed 16 shallow reverse circulation holes at the prospect
• Further analysis of the samples led to results grading up to 0.22 per cent nickel, 0.38 per cent copper and 0.28 per cent cobalt
• Additionally, up to 59 parts per billion gold and 470 parts per billion silver was recorded
• Bryah has just completed a soil sampling program and results are expected some time next month
• Company shares have dropped a slight 1.92 per cent and are trading for 5.1 cents

Proactive

Bryah Resources Ltd (ASX:BYH) has made new a nickel-copper-cobalt discovery after assessing results from recently completed reverse circulation (RC) drilling at Mount Labouchere prospect within the Bryah Basin.

Previous manganese drilling at Mount Labouchere revealed copper and cobalt anomalism, which prompted further investigation, including reverse circulation drilling.

Proactive

New drilling results from the Bryah Basin JV prospect demonstrate the potential for a direct shipping-grade ore operation.

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.

Proactive

Bryah Resources Ltd (ASX:BYH) managing director Neil Marston speaks to Proactive about highly encouraging high-grade gold and copper results from recent reverse circulation (RC) drilling at the Bryah Basin Project.

Proactive

The company recently completed 11 RC drill holes for 2,015 metres at three locations – Windalah and Mars gold prospects and at an electromagnetic conductor target.

Proactive

Upcoming results will guide the company’s ongoing manganese exploration strategy near Meekatharra in central Western Australia.

The Market Herald

• Bryah Resources (BYH) has completed its latest reverse circulation (RC) drilling program at its Bryah Basin Manganese Joint Venture project in WA
• This drilling program tested for extensions on high-grade manganese mineralisation identified at the Brumby Creek and Black Hill prospects in May
• It also tested the new manganese targets at the Cheval and Black Beauty prospects
• Samples from drilling have been sent to the laboratory for analysis and results are expected in the upcoming weeks
• The results will aid in the planning of the next phase of drilling, which is expected to be completed in Q4
• Bryah is down a slight 1.64 per cent and shares are trading for six cents each just before market close

The Assay

High-Grade Gold Interval Yields 12m @ 5.13 g/t Au

Bryah Resources Limited (ASX:BYH) has received promising results from leaching testwork undertaken on samples from the Windalah Gold Prospect, located within its Bryah Basin Project  in central Western Australia.

Proactive

This positive gold recovery result demonstrates the potential gold recoveries from Windalah using conventional cyanide leaching.

Proactive

The Bryah West Project is east of, and partially within, the same geological sequence as the Livingstone Gold Project, currently operated by Kingston Resources Limited (ASX:KSN).

Proactive

The RC drilling will test two new targets at Cheval and Black Beauty prospects as well as look for extensions to high-grade mineralisation at Brumby Creek and Black Hill.

The Market Herald

• Bryah Resources (BYH) has finished the first phase of its gold reverse circulation drilling program in the Bryah Basin of Western Australia
• Drilling began on July 4 and aimed to target the Windalah Prospect and a significant electromagnetic (EM) conductor
• Bryah today announced it had completed seven holes at Windalah, two holes at the Mars Prospect, and two holes at the EM conductor
• Results from these programs are expected in August and will help the company in future drilling programs
• Bryah has ended the day 3.28 per cent in the red with shares trading for 5.9 cents each

Proactive

The off-hole anomaly responses could be indicative of bedrock conductors caused by VMS mineralisation sources.

Bryah Resources Ltd (ASX:BYH) has completed 2,015 metres of reverse circulation (RC) drilling at Windalah and Mars gold prospects in the Bryah Basin of Western Australia and has detected off-hole anomaly responses in a down hole electromagnetic (EM) survey.

Proactive

The company plans to undertake up to 8,000 metres of reverse circulation and aircore drilling over the next six months at multiple prospects within the Bryah Basin.

Bryah Resources Ltd (ASX:BYH) has big exploration plans for the second half of 2020, including a follow-up 2,000 metre reverse circulation (RC) drilling program which is underway at Windalah Gold-Copper Prospect within the Bryah Basin near Meekatharra in central Western Australia.

The Market Herald

• Bryah Resources (BYH) has begun its 2000-metre reverse circulation (RC) drilling program in the Bryah Basin of Western Australia
• This program will target the Windalah gold prospect and a significant electromagnetic conductor
• Drilling at Windalah will follow-up on high-grade intersections while downhole electromagnetic surveys will be completed at the conductor to aid in future programs
• Bryah has ended the day 5.66 per cent in the green with shares trading for 5.6 cents each

Proactive

Bryah Resources has drill spinning as it targets gold in Bryah Basin

Bryah Resources Ltd (ASX:BYH) has the reverse circulation (RC) drill spinning in the Bryah Basin of WA targeting the high-priority Windalah gold prospect and an electromagnetic (EM) conductor near the historic Peak Hill Gold Mine. With the company aiming to take further advantage of strong gold market fundamentals, it has initially planned 2,000 metres of RC drilling in this campaign.

Stockhead

Gold plays are charging ahead with their exploration plans given the bullish outlook and the fact the precious metal broke past the $US1,800 ($2,600) barrier briefly earlier this week.

Bryah Resources (ASX:BYH) has started drilling to test the Windalah prospect and a high priority electromagnetic (EM) conductor target north of the Peak Hill gold mine in Western Australia.

At least seven holes will be drilled at Windalah to follow-up on previous drilling that returned what Bryah says are exceptional high-grade gold intersections.

Notable results from the previous drilling were 12m at 4.32g/t gold from surface, including 2m at 17.19g/t gold from 3m; and 5m at 6.62g/t gold from 79m, including 1m at 15.15g/t gold from 82m.

Additionally, the company will drill and case two holes at the EM conductor about 7km north of Peak Hill and 65km east of Sandfire Resources’ (ASX:SFR) DeGrussa mine.

It plans to carry out downhole EM surveys of these drill holes to assist in follow-up exploration.

Proactive

An initial RC program of 2,000 metres is targeting the Windalah prospect and a large EM conductor.

Bryah Resources Ltd (ASX:BYH) has the reverse circulation (RC) drill spinning in the Bryah Basin of WA targeting the high-priority Windalah gold prospect and an electromagnetic (EM) conductor near the historic Peak Hill Gold Mine.

With the company aiming to take further advantage of strong gold market fundamentals, it has initially planned 2,000 metres of RC drilling in this campaign.

Small Caps

OM Holdings ups stake in Bryah Basin JV

Earlier this month, OM Holdings also expanded its relationship with another emerging manganese company, Bryah Resources (ASX: BYH).

After earning 20% in a Bryah Basin manganese joint venture by spending $500,000, the Singapore company committed itself to a further $500,000, which would increase its holding in the project to 30%.

The Bryah Basin project is located north of Meekatharra, WA. Byrah Resources’ tenements and manganese mineral rights cover 880sq km over parts of the western Bryah Basin, which also hosts a number of historical manganese workings, the largest being the Horseshoe South Manganese mine.

Proactive

Bryah Resources Ltd (ASX:BYH) directors Ian Stuart, Neil Marston and Leslie Ingraham have demonstrated their confidence in the company’s gold exploration strategy with the purchase of shares in on-market transactions.

The company is set to begin 2,000 metres of reverse circulation (RC) drilling of gold and copper targets in the Bryah Basin later this week funded by the tranche-1 placement completed recently.

Proactive

Bryah Resources Ltd (ASX:BYH) is set to begin 2,000 metres of reverse circulation (RC) drilling of gold and copper targets in the Bryah Basin later this week funded by the tranche-1 placement completed last week.

This drilling will test the Windalah gold prospect as well as a high-priority EM conductor target north of Peak Hill.

MiningNews.net

EQUITY capital raised to fund exploration and development in “global gold hot spot” Western Australia has just ticked over A$375 million nearing the half-way point of 2020, with a significant proportion of that earmarked for the drill bit in the second half of this year and into 2021.

Business News

Explorers Kin Mining, Mindax and Bryah Resources has each launched capital raisings today, with the majority of the proceeds to advance drill programs in Western Australia.

MiningNews.net

Bryah Resources has received firm commitments to raise up to $1.55 million in a placement at 5c per share.

Hartleys is lead manager, with the funds to be used to explore for copper and gold in the Bryah Basin.

The Market Herald

• Bryah Resources (BYH) has received binding commitments to raise $1.55 million and will use the money for its Bryah Basin Project in WA
• Up to 31 million shares will be issued to sophisticated and professional investors at a price of five cents per share
• Byron will use the money to undertake a combination of reverse circulation and aircore drilling at multiple prospects within the project
• The money will also be used to locate extensions to the mineral resource at the Tumblegum South Gold Deposit and fund a downhole electromagnetic survey
• Bryah is currently down 6.78 per cent and shares are trading for 5.5 cents each

Proactive

Up to 8,000 metres of reverse circulation and aircore drilling will take place over the next six months at multiple prospects within the Bryah Basin.

Proactive

Bryah Resources Ltd (ASX:BYH) has been granted a trading halt by the ASX ahead of a capital raising announcement.

The trading halt will be in place until the start of trading on Tuesday, June 16, or when an announcement is released to the market, whichever occurs earliest.

Shares last traded at 5.9 cents and are up from 2 cents at close on March 31.

Proactive

The Horseshoe South Manganese Mine is on a granted mining lease, allowing quick re-permitting for mining.

The Pick

The fortunate availability of a rig in the area has led Bryah Resources Limited (ASX: BYH) to successfully hit shallow, high-grade gold at its Windalah Gold-Copper Prospect within the Bryah Basin, north of Meekatharra in central Western Australia.

Managing Director, Neil Marston, said the short gold exploration drilling programme was opportunistically undertaken as a result of rig availability and was aimed to test for shallow extensions of the zones of high-grade gold mineralisation intersected by Bryah’s drilling in 2018.

Mining

Impressive assays from the short gold exploration drilling program by Bryah Resources Limited (ASX: BYH) at the Windalah prospect within its Bryah Basin manganese project in WA have confirmed Bryah Basin gold potential.

The company announced that a three-hole RC drilling program has been completed at Windalah Gold-Copper Prospect.

BYH reported best result of 12 metres @ 4.32 g/t Au from surface, including 2 metres @ 17.19 g/t Au from 3 metres from hole BBRC049.

Proactive

Follow-up drilling will be required to test the extent of gold at Windalah and planning is underway to get back drilling as soon as practicable.

Proactive

The drilling program at Horseshoe South was focused on testing for extensions of manganese mineralisation intersected in drilling programs completed in 2019, as well as from previous exploration.

Bryah Resources Ltd (ASX:BYH) has received further high-grade manganese results from drilling at Horseshoe South deposit within the Bryah Basin JV in WA.

The JV has released the second set of results from recent reverse circulation (RC) drilling in the Main and Extended Pits at the historical Horseshoe South mine.

Mining News

There's not lot of manganese exploration going on in Australia - an OM Holdings and Bryah Resources joint venture and a Mineral Resources-Resource Development Group tie-up being notable exceptions.

Business News

Shares in Bryah Resources were trading as much as 50 per cent higher today after the Perth-based explorer reported recent drill results at its manganese project in Western Australia.

Bryah today announced the first set of results for its recent reverse circulation (RC) drill program at the Bryah Basin project, located approximately 150 kilometres north of Meekatharra.

The drilling results included grades of above 30 per cent manganese, which the company said would support a direct shipping operation.

The Market Herald

• Metals explorer Bryah Resources (BYH) has discovered zones of potentially shipping-grade manganese at the Bryah Basin in central WA
• A recent program of reverse circulation (RC) drilling across four prospects was aimed at new discoveries, and extending known mineralised zones
• The promising new results come from the Black Hill and Brumby Creek prospects, with extensions to high-grade, shallow manganese mineralisation
• Bryah has a significant amount of permitting and environmental work to do, though the company is hoping to fast-track applications for Brumby Creek and Black Hill
• The company will lodge mining lease applications once the supporting documentation is completed
• Joint venture partner OMM is likely to spend $2 million for further exploration as part of the farm-in agreement to gain a 51 per cent stake of the Bryah Basin project
• Bryah Resources is up 42.9 per cent today, with shares trading for six cents each, while OMM shares are up 4.1 per cent to 38 cents each

Small Cap Insider

Bryah Resources Ltd (“Bryah”) has announced the first set of results of its recent reverse circulation (RC) drilling program at its Bryah Basin project (90% owned), which is located approximately 150 km north of the town of Meekatharra in central Western Australia.

Stockhead

Meanwhile in resources, manganese play Bryah Resources (ASX:BYH) rose off the back of solid drilling results.

Stockhead

This year is looking increasingly like a good one for manganese plays with prices rising 50 per cent since the middle of March to $US6.02 ($9.17) per dry metric tonne unit, or about 10kg.

While prices had softened due to the COVID-19 pandemic after a steady recovery earlier this year, a subsequent national lockdown in South Africa — the largest producer of manganese globally — sent the metal flying.

Small Caps

Assays from a reverse circulation drilling campaign by Bryah Resources (ASX: BYH) at the Bryah Basin manganese project in WA’s northwest have confirmed the discovery of a high-grade zone of mineralisation with potential to support a near-term direct shipping production strategy.

The campaign aimed to test for extensions of high-grade manganese intersected at the Black Hill, Brumby Creek and Horseshoe South targets in 2019.

It also included initial drill testing of the nearby Mount Labouchere prospect.

The Rum Rebellion

The Bryah Resources Ltd [ASX:BYH] share price is up today by 30.95%. At time of writing, shares are trading at $0.055, up from $0.042 the day before.

Bryah Resources is a mineral exploration company based in Perth, focusing on high-grade copper, gold and manganese. They have two projects: the Bryah Basin and the Gabanintha project, both located in Western Australia.

Proactive

Drilling at the Brumby Creek and Black Hill prospects in the Bryah Basin JV has returned shallow high-grade manganese.

Proactive

Bryah Resources Ltd (ASX:BYH) is making strong progress with its gold projects and manganese JV interests in Western Australia’s prolific Bryah Basin.

The company’s managing director Neil Marston discusses this progress with Proactive’s Andrew Scott.

An RC gold exploration drilling campaign has just been completed at the Windalah prospect and the company earlier this year completed a resource estimate for 42,500 ounces of gold at Tumbulgum South.

The JV with OM Holdings Limited (ASX:OMH) has also recently completed a manganese drilling program at the Bryah Basin Manganese JV.

The Market Herald

• Bryah Resources (BYH) has completed a drilling program at Windalah Gold-Copper Prospect using some of its government funding
• The company received $38,000 from the Australian Government under its Cash Flow Boost Scheme to support small to medium-size businesses
• The drilling program is to test for shallow extensions of the zones of high-grade gold mineralisation intersected by the 2018 drilling program
• Samples from this drilling program will be delivered to Perth for laboratory analysis shortly, with results expected over the coming weeks
• Bryah is down 9.09 per cent on the market this afternoon, selling shares for three cents each

Australia's Mining Monthly [subscription]

EXPLORER Bryah Resources has put a $38,000 government support payment straight into the ground to fund a short gold exploration drilling program at the Windalah gold-copper prospect near Meekatharra in Western Australia’s Murchison.

Proactive

With a drill rig already on site, the decision to extend the program to test the Windalah Gold-Copper prospect with some shallow holes was quickly taken.

Bryah Resources Ltd (ASX:BYH) has completed a reverse circulation (RC) gold exploration drilling program at the Windalah Gold-Copper Prospect in Western Australia's prolific Bryah Basin.

The 210-metre RC program tested for shallow extensions of high-grade gold intersected in previous drilling at the Windalah prospect, which is around 150 kilometres north of Meekatharra, in 2018.

Proactive

The drilling program was finalised at no cost to Bryah under the Bryah Basin Joint Venture Agreement.

The reverse circulation (RC) drilling program of 1,679 metres was focused on testing for extensions of high-grade manganese mineralisation intersected in drilling programs completed in 2019.

Follow-up drilling was completed at the Horseshoe South mine, Brumby Creek and Black Hill prospects, and first-pass drilling at the Mount Labouchere prospect.

The Market Herald

• Bryah Resources (BYH) has completed its manganese drilling program at its Bryah Basin Manganese Joint Venture Project in Western Australia
• Drilling has now been completed at the Horseshoe South mine, and the Brumby Creek, Black Hill, and Mount Labouchere prospects
• This drilling program focused on testing for extensions of manganese mineralisation that was identified in 2019
• Samples will be taken to a laboratory for analysis and results are expected in the upcoming weeks
• Bryah is up a steady 17.9 per cent and shares are currently trading for 3.3 cents each

Proactive

Following receipt last week of a $250,000 project expenditure payment from OM (Manganese) Ltd, the drilling program is fully funded and will be completed at no cost to BYH.

Proactive

Funds have been received as part of an ongoing commitment under the Bryah Basin Joint Venture Agreement and will be used to test for extensions of high-grade manganese.

The Market Herald

• Bryah Resources (BYH) has announced an average gold recovery rate of 90 per cent from its Tumblegum South Gold-Copper Prospect
• Tumblegum South is part of the company's Gabanintha Project which lies 40 kilometres south of Meekatharra in Western Australia
• Approximately 20 samples were taken to a laboratory in Perth to test for gold recovery by cyanide leaching
• This program returned samples ranging from 0.35 to 27.46 grammes per tonne gold
• Bryah's share price remained steady all day and shares closed at 2.6 cents

Proactive

The company is in ongoing discussions to monetise the Tumblegum South Gold-Copper prospect given its near-term development potential.

Proactive

Bryah Resources Ltd has responded to market volatility, announcing the suspension of gold-copper drilling and the reduction of administrative costs.

Last week the company commenced a drilling program at various gold-copper prospects at the Bryah Basin Project, in central Western Australia, but in light of on-going market sentiment in respect to junior resource companies, and the expected difficulty in accessing additional capital to fund early stage exploration in the short term, the board has decided to suspend the drilling program early.

Kalgoorlie Miner

Bryah toasts investor rush to gold as new drilling campaign near Meekatharra begins.

The Geraldton Guardian

Bryah toasts investor rush to gold as new drilling campaign near Meekatharra begins.

Proactive

Bryah Resources Ltd has an aircore drilling program underway testing for gold-copper at various prospects within the Bryah Basin Project in central Western Australia.

The 5,000-metre program which began on Tuesday is expected to take 2-3 weeks to complete.

GeoDrilling International

Bryah Resources Limited is set commence a 5,000m aircore (AC) drilling programme at various prospects at its Bryah Basin Project located in central Western Australia. It will be the first phase of drilling in the Bryah Basin that the company plans to undertake between March and June 2020.

The programmes are a continuation of extensive exploration and target generation work undertaken by the company since 2017. The aim of the AC drilling programme is to test the large geochemical anomaly located at Windalah East, and test for extensions to gold mineralisation intersected in previous drilling programmes at the Jupiter and Mars Prospects.

The Market Herald

Bryah Resources is planning to begin a 5000 metre aircore (AC) drilling program at its Bryah Basin Project in Western Australia.

The aim of the AC drilling program is to test the large geochemical anomaly located at Windalah East, and test for extensions to gold mineralisation intersected in previous drilling programs at the Jupiter and Mars Prospects.

Stockhead

Bryah Resources will kick off a 5,000m aircore drilling program next week to test a geotechnical anomaly with volcanogenic massive sulphide (VMS) potential at the Windalah East prospect in Bryah Basin, WA.

It will also follow-up on high-grade hits at the Jupiter and Mars prospects, including 9m at 10.32g/t gold (Jupiter) and 12m at 2g/t (Mars).

Proactive

Bryah Resources Ltd plans to commence a 5,000-metre aircore drilling program next week at its Bryah Basin Project in Western Australia.

The programs are a continuation of extensive exploration and target generation work undertaken by the company since 2017.

Stockhead

In this episode Barry chats with Neil Marston, managing director of Bryah Resources.

Bryah is a Perth-based mineral exploration company with a focus on exploration for high-grade copper-gold and manganese resources. The company is actively exploring the Bryah Basin and Gabanintha projects located in central Western Australia.

The ASIA Miner

A manganese joint venture between a Singapore-based miner and an Australian explorer has increased the chances of a new manganese discovery.

The unexpected agreement between a subsidiary of Singapore’s OM Holdings (OMH) and Australian Bryah Resources – a junior explorer probing the central Western Australian outback – has opened the door to the potential of new source of manganese supply.

Proactive

Bryah Resources Ltd non-executive chairman Ian Stuart has purchased 70,220 shares in the company through on-market trades.

The $3,034 purchase increased his total holdings in the company to 978,553 shares.

Proactive

Bryah Resources chief executive officer and managing director Neil Marston updates Proactive on the completion of a maiden gold mineral resource estimate at Tumblegum South Gold-Copper Prospect within the Gabanintha Project.

The estimate delivers an inferred mineral resource of 600,000 tonnes at 2.2 g/t for 42,500 ounces, which the CEO said was an "excellent outcome" for the company.

GeoDrilling International

Bryah Resources Ltd has completed the maiden mineral resource estimation at the Tumblegum South gold-copper prospect, located within its Gabanintha project, approximately 40km south of the town of Meekatharra in central Western Australia.

The Inferred mineral resource is 600,000t @ 2.2g/t Au for 42,500oz gold using a cut-off grade of 0.3g/t Au.

S&P Global Market Intelligence

Bryah Resources Ltd. is looking to sell its Tumblegum South gold-copper prospect in Western Australia to nearby mill owners, potentially including Westgold Resources Ltd. or Monument Mining Ltd., among others, now that it has a maiden mineral resource estimate.

Bryah said Jan. 29 that it had identified multiple mineralized zones at Tumblegum South, including five lodes used in estimating an inferred mineral resource of 600,000 tonnes at 2.2 g/t gold for 42,500 ounces of gold, based on 49 reverse circulation drill holes for 5,640 meters.

Proactive

Bryah Resources Ltd has delivered a maiden resource of 42,500 ounces grading 2.2 g/t gold at its Tumblegum South Gold-Copper Prospect within its Gabanintha Project, WA.

The company is now proceeding with a mining lease application and has commenced a formal process to monetise the prospect given its near-term development potential.

The Assay

Bryah Resources Limited has completed the maiden mineral resource estimation at the Tumblegum South Gold-Copper Prospect, located within its Gabanintha Project, near Meekatharra in central Western Australia.

Managing Director, Neil Marston said estimation studies had produced a robust Inferred Mineral Resource of 600,000 tonnes @ 2.2 g/t Au for 42,500 ounces gold using a cut- off grade of 0.3g/t Au.

Stockhead

There are only a handful of ASX-listed companies in the manganese game.

Over the past 12 months over half the nine stocks on Stockhead’s watchlist lost ground, with the biggest loser being OM Holdings, which wiped off 61 per cent.

But so far in 2020 all but one have remained steady or made gains. Topping the list is manganese explorer Bryah Resources with a 23 per cent gain so far this year.

The Market Herald

Bryah Resources has reported its quarterly report for the period ending on December 31, 2019.

Proactive

Bryah Resources Ltd’s December quarter has placed the company in a strong position to maintain exploration momentum at its Western Australian projects.

Work is ongoing at the Gabanintha project, including Tumblegum South Gold-Copper Prospect, and at Bryah Basin project as well as at the Bryah Basin Manganese Joint Venture with OM (Manganese) Limited (OMM).

Proactive

Bryah Resources has received assay results from its Tumblegum South Gold-Copper Prospect within its Gabanintha Project in Western Australia.

Highlights feature 4 metres at 7.83 g/t gold and 0.23% copper from 119 metres including 1-metre at 30.24 g/t gold and 0.39% copper.

Mining News

Bryah Resources is planning to release a maiden resource for the Tumblegum South gold-copper project near Meekatharra.

Australian Mining

Bryah Resources has revealed optimism for its multi-commodity approach after announcing high-grade findings at the Gabanintha project in Western Australia this month.

The company’s positivity follows a drilling program that produced samples of gold exceeding 30 grams/tonne, validating a 2017 program at the Tumblegum South gold prospect.

Mining News

Bryah Resources is not “just a one trick pony”, and is being somewhat commodity agnostic as it pursues monetisation of its gold and manganese projects with the aim of generating its first income within 12-18 months, all while looking for a big copper-gold deposit in the Bryah Basin, managing director Neil Marston told shareholders today.

Proactive

Bryah Resources Ltd will seek a mining licence for its Tumblegum South prospect at Gabanintha Gold-Copper Project after the prospect returned gold grades of up to 30.24 g/t.

The company has been drilling a 16-hole program at the project 40 kilometres south of Meekatharra and expects to release an initial mineral resource for the prospect in the coming weeks.

The Asia Miner

Bryah Resources has significantly increased its land holding at its flagship Bryah Basin Project in Western Australia. The newly acquired tenements are located on the western side of the Padbury and Bryah Basins.

Approximately 255 squared kilometres of highly prospective ground has been secured by the recent grant of two new exploration licences (E52/3700 and E52/3726) and the application for a further three exploration licences (E52/3703, E52/3725 and E52/3739). The two newly granted tenements cover a total of 83 kilometres and the applications cover a further 172 kilometres.

MINING.com

Bryah Resources has increased its landholding at its flagship Bryah Basin project in Western Australia.

In a press release, the miner said that the newly acquired tenements are located on the western side of the Padbury and Bryah Basins.

Proactive

Bryah Resources Limited has expanded its landholding by securing additional tenements prospective for gold and copper-gold mineralisation at the flagship Bryah Basin Project in central Western Australia.

The company has been granted two new exploration licences with three further exploration licence applications lodged for a total area of around 255 square kilometres on the western side of the Padbury and Bryah basins.

Proactive Investors

The 16-hole program aims to define a JORC resource at the Tumblegum South gold prospect.

The Asia Miner

Bryah Resources has commenced drilling at the high-grade Tumblegum South gold project located within its Gabanintha project in central Western Australia.

Through recent 3D modelling, the Company has identified potential opportunities to extend existing zoned of gold mineralisation.

Proactive Investors

The board members acquired the shares via the recent share placement that raised $2.0 million.

Proactive

Bryah Resources Ltd has begun a gravity survey at Windalah Gold-Copper prospect within its flagship Bryah Basin Project in central Western Australia.

The 1,100-point gravity survey is being done on a 100-metre by 50-metre grid over the prospect where a reverse circulation (RC) drilling program in 2018 identified high-grade gold mineralisation up to 6.69 g/t.

Proactive

Bryah Resources has commenced a 1,500-metre drill program at its high-grade Tumblegum South Gold Prospect within its Gabanintha Project in Western Australia.

The 16-hole reverse circulation (RC) program will test potential extensions to known high-grade gold mineralisation.

Proactive

Bryah Resources managing director Neil Marston updates Proactive on the completion of a $2 million capital raising with Hartley’s Limited as lead manager.

The placement has been strongly supported by new investors as well as from a number of existing shareholders.

Creamer Media's Mining Weekly

ASX-listed junior Bryah Resources has raised A$2-million through a share placement to fund gold and copper drilling at its Bryah Basin prospect, as well as the Gabanintha project, in Western Australia.

More than 33.33-million new shares were issued, at a price of 6c each.

Kalgoorlie Miner

A Mid West-focused exploration junior has signed a multimillion-dollar joint venture deal with a Singaporean metals company to boost its manganese drilling program in the Bryah Basin, north of Meekatharra. OM Holdings subsidiary OMM has secured a 10 per cent interest in Bryah Resources’ manganese resources through a $1 million initial investment.

Small Caps

Bryah Resources has received OM Holdings’ $250,000 exercise fee – making the progression of the duo’s manganese joint venture official and giving OM a 10% stake in the Bryah Basin project’s manganese rights. OM and Bryah agreed to the joint venture in April this year, with OM spending $500,000 on exploration between April and mid-August.

MiningNews.net

GOLD explorers lead this week’s raisings, with several seeking more than A$3 million each. Explorer Bryah Resources has secured commitments to raise $2 million at 6c per share.

Small Caps

A day after reporting the manganese joint venture with OM Holdings was going ahead, Bryah Resources has topped up its cash reserves to pursue its gold and copper strategy at its Bryah Basin and Gabanintha projects in Western Australia.

Proactive Investors

Bryah Resources Ltd welcomes OMM Manganese Ltd (OMM) as a partner in the Bryah Basin Manganese Joint Venture (JV) and its commitment to provide up to $6.5 million to earn up to a 70% interest in the manganese rights. Under the terms of a farm-in and JV agreement, OMM has agreed to pay $250,000 cash to Bryah as an exercise fee by August 30 for an initial 10% interest and will fund the next $2 million of JV expenditure to increase its interest from 10% to 51%.

Small Caps

Bryah Resources revealed this morning that OM Holdings has committed to manganese joint venture and the next phase of manganese exploration at the Bryah Basin project in Western Australia. OM will now pay Bryah a $250,000 exercise fee to secure its initial 10% interest in the project’s manganese rights.

Small Caps

Bryah Resources managing director Neil Marston discusses the latest company news with its joint venture with OM Holdings along with its plans for exploration of manganese, copper and gold.

Proactive Investors

Bryah Resources Ltd is in trading halt pending capital raising news. The trading halt will remain in place until the beginning of trade on Monday August 26 or when an announcement is made to market – whichever occurs earliest.

Proactive Investors

Bryah Resources Ltd has identified further high-grade manganese mineralisation in phase-two reverse circulation (RC) drilling within the Main Pit area at its Horseshoe South Manganese Mine in Western Australia. The 83-hole, 2,081-metre program was funded by a subsidiary of manganese specialist OM Holdings Limited under a $7.3 million farm-in and joint venture agreement signed in April.

Small Caps

Bryah Resources’ has extended known manganese mineralisation at the Horseshoe South prospect within its Bryah Basin project in Western Australia. The company has now received assays from the phase two reverse circulation program completed at Horseshoe South, which included a series of holes drilled into the main pit.

Small Caps

With a manganese joint venture imminent at Bryah Basin, Bryah Resources is pursuing gold and copper at the Gabanintha project where previous drilling unearthed 32.18 grams per tonne gold. After completing 3D modelling of previous drilling at the project’s Tumblegum South prospect, Bryah has identified the potential for further gold and copper discoveries.

Proactive Investors

Bryah Resources Ltd is preparing a 1,500-metre RC drill program at its high-grade Tumblegum South gold-copper prospect within its Gabanintha Project in Western Australia. Drilling will begin in September and be based off 3D modelling which has identified potential opportunities to extend existing zones of gold-copper mineralisation at Tumblegum South.

Small Caps

Bryah Resources managing director Neil Marston discusses the latest news from the company's manganese project in the Bryah Basin, joint venture with OM Holdings and plans for copper and gold exploration.

Small Caps

Bryah Resources and OM Holdings, the duo exploring the manganese potential of land within Western Australia’s Bryah Basin, are set to make their joint venture official following the completion of a stage one exploration program. The companies have been paired up since April, when manganese miner and processor OM agreed to spend $7.3 million on manganese exploration across Bryah’s 660sq km project to earn up to 70% of the manganese rights.

Proactive Investors

Bryah Resources Ltd and OM Manganese Ltd have completed stage-one exploration activities on manganese assets within the Bryah Basin in central Western Australia. Having spent $500,000 on drilling since May 2019, OM Manganese is now required to elect to commit to stage two and form a joint venture (JV) with Bryah Resources within two weeks.

Stockhead

Bryah Resources has uncovered direct shipping ore (DSO) manganese grades of up to 42 per cent from surface at its Black Hill prospect in the Bryah Basin region of WA. DSO refers to minerals that require only simple crushing before they are exported, which keeps costs low.

“These results demonstrate the growing potential for Bryah Resources to make additional manganese discoveries in the Bryah Basin as it has about 60km of the manganiferous Horseshoe Formation under its control,” managing director Neil Marston said.

Mining News

In today's Mining Briefs: Gulf’s Timor investment; security offers no DFS delay in Myanmar; Barra advances Burbanks; King River looking for treasure at Tennent Creek; Jindalee expands drilling; Bryah’s Black Hill success; Galena’s second payday; Peninsula gets key approval; and Orion welcomes new BEE partner.

Small Caps

Bryah Resources has continued its run of positive manganese results revealing this morning it has intersected up to 42% manganese at the Black Hill prospect within its Bryah Basin project in Western Australia. Assays have been received from drilling at Black Hill and Black Caviar prospects, with the high-grade manganese uncovered at Black Hill believed to be direct shipping ore grades.

Proactive Investors

Bryah Resources Ltd managing director Neil Marston updates Proactive Investors on the identification of further manganese mineralisation at Brumby Creek prospect within the flagship Bryah Basin project in WA.

Proactive Investors

Bryah Resources has received more assay results from its second phase of drilling at the Black Hill and Black Caviar prospects within the flagship Bryah Basin Project in WA. Results from this batch of 16 holes features 6 metres at 38.1% manganese at Black Hill and 4 metres at 32.9% manganese at Black Caviar.

Small Caps

Manganese has been discovered along strike from Bryah Resources’ Brumby Creek prospect, which is part of the company’s flagship Bryah Basin project in Western Australia. The manganese mineralisation was intersected from surface about 1km to the south of Brumby Creek.

Proactive Investors

Bryah Resources Ltd has received significant manganese results from the second phase of exploration drilling within the Bryah Basin in central Western Australia. A total of 83 holes for 2,081 metres of reverse circulation (RC) drilling was completed at four sites; the Brumby Creek, Black Hill and Black Caviar Prospects and the historic Horseshoe South Manganese mine.

9Finance

Bryah Resources - up one cent, or 14.3 per cent, to eight cents. The junior miner has identified a significant manganese exploration project in the Bryah Basin in central WA.

Small Caps

Bryah Resources has unlocked even more manganese potential at its Bryah Basin project after identifying “significant” areas of outcropping manganese at the Black Beauty prospect which is in proximity to two historic mines. A recent ground mapping program has uncovered 300m by 300m of outcropping manganese at the prospect.

The mapping program followed up on rock chip sampling that was carried out last year, with six out of 12 samples assaying above 30% manganese including a peak of 39.9% manganese.

Proactive Investors

Bryah Resources Ltd has identified outcropping manganese at the Black Beauty Prospect within its Bryah Basin Project in Western Australia. Outcropping manganese has been mapped over a 300x300 metre area and assays from 12 rock chip samples revealed grades of up to 39.9% manganese.

Black Beauty is located 300 metres east of the Horseshoe North manganese mine and 1.5 kilometres north of the historical Horseshoe South manganese mine.

Stockhead

Junior explorer Bryah Resources (ASX:BYH) has found even more manganese just 5km from its Horseshoe South manganese mine in the Bryah Basin of Western Australia. The news sent shares up 25 per cent to 8c on Friday morning. Bryah’s share price has rocketed 43 per cent in the past two days on solid manganese results.

Rock chip samples indicate that the manganese outcrops for a distance of about 500m. Fifteen of the 35 samples recorded grades between 20 and 30 per cent manganese, with the highest returning a high grade of 41.3 per cent.

Mining Capital

Bryah Resources Ltd has identified another manganese exploration target, the Cheval Prospect, within the Bryah Basin Project in central Western Australia.

Ground mapping and rock chip sampling discovered the Cheval Prospect which is located 5 kilometres from the historical Horseshoe South Manganese Mine. Manganese outcrops at the Cheval Prospect have been mapped for about 500 metres in length, with 35 rock chip samples collected for multi-element analysis.

Small Caps

Fresh after revealing it had intersected ‘significant’ manganese, Bryah Resources has discovered a new manganese prospect at the Bryah Basin project in central Western Australia. The new prospect known as Cheval is 5km north-west of the project’s historic Horseshoe South mine.

MiningNews.net

In today's Mining Briefs: FYI HPA ML OK; King of the Hills growth likely for Red 5; Emmerson hits more bonanza grades; Bryah and OM make discovery; Also extends Vanguard; and Adriatic appoints advisor.

Proactive Investors

Bryah Resources Ltd managing director Neil Marston updates Proactive Investors on recent manganese results obtained from drilling at its Brumby Creek prospect in WA.

Marston notes drilling hit mineralisation at surface and just under the surface with widths of up to 15 metres and manganese grades in the mid 20% range with highs over 30%. “It’s looking like a fresh discovery for us and has confirmed what we thought was good potential for that area to yield some tonnes,” he says.

Small Caps

Bryah Resources has unearthed “significant” manganese during shallow drilling at the Bryah Basin project, with assays returning up to 42.2% manganese.

Highlight results from Brumby Creek were 15m at 26.2% manganese from 3m, including 2m at 33.5% manganese; 10m at 22.6% manganese from 1m, including 2m at 30.3% manganese; and 8m at 24.1% manganese, including 2m at 31% manganese.

Proactive Investors

Bryah Resources Ltd (ASX:BYH) has commenced a follow-up drill program at its Bryah Basin Manganese Project in Western Australia. Drilling follows the 122 holes for 3,062 metres completed in May 2019 across four locations - Horseshoe South mine, Brumby Creek, Devils Hill, Black Cat.

Small Caps

Bryah Resources (ASX: BYH) and its joint venture partner OM Holdings (ASX: OMH) have kicked off the next round of manganese drilling at the Bryah Basin manganese project in central Western Australia.

In this latest round, 2,000m of follow up drilling will be completed at the Horseshoe South mine, as well as Brumby Creek, Devils Hill and Black Caviar prospects.

This round of drilling is scheduled to finish by the end of June.

Small Caps

Perth-based exploration company Bryah Resources (ASX: BYH) has completed the first phase of manganese exploration drilling at its Bryah Basin project in central Western Australia, under a $7.3 million joint venture agreement signed in April with OM Holdings (ASX: OMH).

The agreement applies to approximately 660 square kilometres of the Bryah’s landholding in the basin, including the historic Horseshoe South manganese mine.

Kalkine Media

Today, on 30 May 2019, Bryah Resources (ASX: BYH) announced that the Stage 1 of manganese exploration drilling within the Bryah Basin in central Western Australia had been completed. The drilling work had commenced earlier this month (as reported on 7 May 2019).

Bryah Resources is managing the drill programme and the funding is being extended by OM Manganese Limited (OMM) as per the recently executed AU$ 7.3-million Manganese Farm-In and Joint Venture agreement between Bryah and OMM, a subsidiary (100%-owned) of OM Holdings Limited (ASX: OMH). Pursuant to the terms of the agreement, OMM is providing $500,000 of the manganese exploration until 30 June 2019.

Proactive Investors

Bryah Resources Ltd (ASX:BYH) has successfully completed the first phase of manganese exploration drilling within the Bryah Basin in central Western Australia.

The drilling program is being managed by Bryah and funded by OM (Manganese) Ltd (OMM) under the recently announced $7.3 million agreement between Bryah and OMM, a wholly owned subsidiary of OM Holdings Ltd (ASX:OMH).

Australian Explorers

More than three decades ago Dane Sorensen took a chance on mining and it paid off, now he hopes to inspire the next generation of Australian explorers.

Having primarily worked with junior miners like Bryah Resources in recent years, Dane said he enjoyed the open communication they offered. “Smaller companies are personable, you’re talking to the directors and the managers more directly so always have a good idea of what’s going on,” he said.

While its workers benefit from engagement with junior explorers, Dane said he had seen first-hand the importance of junior explorers to the industry as a whole.

Kalkine Media

Bryah resources Limited (ASX: BYH), a metal and mineral explorer, announced on 7th May 2019 that the company started the drilling activity at the historic Horseshoe South manganese mine within the Bryah Basin in central Western Australia. The company recently signed a $7.3 million manganese Farm-In and Joint Venture deal with OM Holdings Limited (ASX: OMH) and moved towards the drilling on priority targets at the prospect.

The Joint Venture includes a Stage 1 project expenditure of $500,000 to undertake to drill, and the company commenced it before the deadline of 30th June 2019 and started the drilling of a minimum of 3,000 metres at the prospect.

Small Caps

New exploration duo Bryah Resources (ASX: BYH) and OM Holdings (ASX: OMH) have kicked off a drilling program at the historic Horseshoe South manganese mine in central Western Australia’s Bryah Basin.

The campaign follows a farm-in and joint venture deal inked by the pair late last month, which involves OM Holdings earning up to 70% of Bryah’s manganese rights at the Bryah Basin project.

Proactive Investors

Bryah has moved quickly to commence drilling following the signing of a $7.3 million manganese farm-in deal with OM Holdings.

Bryah Resources Ltd's (ASX:BYH) shares are trading about 8% higher intra-day after commencing its program of manganese drilling at the historical Horseshoe South manganese mine within the Bryah Basin in central Western Australia.

Boardroom Media

Managing Director, Neil Marston, interviewed by Boardroom Media

Investing News

Bryah Resources Limited (ASX:BYH) has announced it has completed the acquisition of the historic Horseshoe South manganese mine in Western Australia.

The company is pleased to advise that it has completed the purchase for a total consideration of AU$340,000, being a cash payment of AU$170,000 and the issue of ordinary shares to the value of AU$170,000. A total of 2,615,385 new shares have been issued to the vendor, Peak Hill manganese Pty Limited, at AU$0.065 per share as determined under the option agreements.

Kalkine Media

Mineral Explorer, Bryah Resources Limited (ASX:BYH) made a set of announcements on 29th April 2019 regarding acquisition of historic Horseshoe South Manganese Mine and quarterly updates.

The company announced exercising options to acquire the historic Horseshoe South Manganese Mine for a total consideration of $340,000, with a cash payment of $170,000 and the issue of ordinary shares valued at $170,000 as well as rights to prospect, explore and mine manganese ore, while having Manganese Rights over a stretch of 154km2 within the Bryah Basin in central Western Australia.