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Bryah Resources Limited (ASX: BYH, “Bryah” or “the Company”) in conjunction with OM (Manganese) Ltd (OMM) is pleased to announce manganese drilling results at its 49% owned Bryah Basin manganese project. The results are part of the program drilled in August 2023. Bryah (49%) and OMM (51%) have a Joint Venture (JV) to undertake exploration to test targets in the area, with a view to commencing manganese production. OMM is a wholly owned subsidiary of OM Holdings Limited (ASX: OMH), one of the world’s leading suppliers of manganese ores.
HIGHLIGHTS
- Brumby Creek West drill hole Intersections of:
- 13m at 22.7% Mn in hole BBRC241 from 15m
- 6m at 24.4% Mn in hole BBRC249 from 19m
- 4m at 22.0% Mn in hole BBRC251 from 28m
- Redrum drill hole Intersections of:
- 7m at 29.3% Mn in hole RRRC074 from 21m
- 8m at 29.6% Mn in hole RRRC076 from 14m
- 5m at 21.0% Mn in hole RRRC072 from 11m
- 7m at 20.7% Mn in hole RRRC072 from 20m
- Black Hill North drill hole Intersections of:
- 3m at 34.8% Mn in hole BHRC035 from 0m
- Epona drill hole Intersections of:
- 5m at 21.0% Mn in hole EPRC015 from 15m
- 3m at 21.5% Mn in hole EPRC028 from 10m
- Gold Trip drill hole Intersections of:
- 2m at 25.5% Mn in hole GTRC005 from 3m
Commenting on the drilling, Bryah CEO Ashley Jones said: “These excellent drill results follow our other news flow, being the updated manganese resource and the granting of the mining leases. All the manganese JORC resources are now on granted mining leases. The August drilling results continue to expand the mineralisation at Brumby Creek West and Redrum. Our grades reported are using cutoffs higher than many other ASX reported resource grades, which should give us the competitive edge when it comes to mining”.
The Bryah Basin project area is located approximately 100km north of the town of Meekatharra in Western Australia. The Company’s tenements and manganese mineral rights cover 1,135km² over parts of the western Bryah Basin. Figure 1 shows the Manganese Joint Venture tenement package, with prospects and an existing manganese Mineral Resource.1
The August 2023 drill program covered 95 holes for 2938 metres. The prospects drilled were Brumby Creek West, Epona, Redrum, Black Hill North and Gold Trip. The best drill intersections continued to come from the extensional drilling around the resources at Brumby Creek and Redrum.
Figure 1: Prospect locations with geology map showing the Horseshoe Formation
Brumby Creek West
Drilling in August continued to follow the shallow manganese mineralisation southwards. The mineralisation appears to be bifurcating with excellent results on the western side becoming prominent. Grade though is still excellent, with the best results of:
- 6m at 24.4% Mn from 19m in hole BBRC0249
- 13m at 22.7% Mn from 15m in hole BBRC0241
- 4m at 22.05% Mn from 28m in hole BBRC0251
Figure 2 Collar Plan of August 2023 Manganese Drilling at Brumby Creek West (Red collars)
Figure 3 Oblique Section Brumby Creek West Prospect
Redrum
Following the mineralisation to the northeast has continued to give excellent results, whereas results to the south have closed out the mineralisation. The best northern Redrum results are:
- 7m at 29.3% Mn from 21m in hole RRRC074
- 8m at 29.6% Mn from 14m in hole RRRC076
- 5m at 21.0% Mn from 11m in hole RRRC072
- 7m at 20.7% Mn from 20m in hole RRRC072
- 3m at 21.2% Mn from 30m in hole RRRC072
- 4m at 23.8% Mn from 12m in hole RRRC084
The resource at Redrum is 780,000 tonnes - 429Kt at 19.2% Mn Indicated Resource and 251Kt at 18.0% Mn Inferred Resource (Table 1). These further results extend the mineralisation to the north. Drilling mostly closed out the southern extent.
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BYH:AU
Bryah Resources
Overview
The global transition to clean energy has ramped up demand for critical metals required to develop new, sustainable technologies such as lithium-ion batteries, solar panels, charging stations and wind turbines. Lithium, nickel, copper and manganese are key resources required to manufacture these low-carbon products. Valued at US$11.3 billion in 2019, the global battery metals market is projected to reach US$20.5 billion by 2027, with a compound annual growth rate of 8.2 percent between 2020 and 2027.
As demand for these resources continues to grow, Western Australia remains a key player in the global mining sector, providing opportunities for mining companies with a presence in the region to capitalize on world-class deposits and benefit from a mining-friendly government. Western Australia has long been a Tier-1 mining jurisdiction and remained strong throughout the pandemic. Western Australia produces 52 percent of the world’s lithium, with Chile in a distant second at 25 percent. China (13 percent) and Argentina (6 percent) are also among the top lithium-producing countries.
Bryah Resources (ASX:BYH) is an exploration and development company with assets in Western Australia. These assets have diverse battery metal mining potential, including lithium, nickel, gold, copper and manganese. They are located throughout the Bryah Basin, a region where, despite its discovery in 2009 as a rich area for exploration, remains underexplored, creating blue-sky potential for the company’s assets. Led by an experienced management team with expertise in the natural resources sector, Bryah Resources is well-positioned for growth.
Bryah Resources Project Locations
The company’s flagship project, Bryah Basin East, consists of two promising assets: Windalah and Olympus. The company discovered a VMS system at the Windalah Prospect confirming the potential of a new copper-gold discovery.
Bryah Resources CEO Ashley Jones called the VMS discovery at the Windalah Project the “most exciting blue-sky event for the company.”
“We’ve got government funding and have planned two drilling campaigns, 400-meter and 600-meter deep holes. If we hit it, it will be amazing; if we don’t, we’re definitely in the right address. I’ve never seen a geological team more excited about a project,” Jones said in an earlier interview,
The company completed its 691-meter diamond drilling program targeting copper-gold VMS mineralization at 300 meters and 500 meters depth at the Windalah copper-gold prospect.
Bryah Resources also made new discoveries at its Horseshoe South Manganese asset, which resulted in a joint venture (JV) partnership with OM Holding Ltd (ASX:OMH), largely due to the potential to develop a low-cost mining operation. OM Holdings is a vertically integrated manganese specialist involved in mining, smelting and trading the mineral, making the company a valuable partner. Bryah Resources holds 49 percent of the asset, with OM Holding retaining 51 percent. The company’s additional assets include projects with copper-gold and lithium-nickel deposits.
Taking the company towards additional exploration and development of its assets, Bryah Resources’ leadership team is guided by decades of experience in the natural resources sector, with geology, finance and business administration expertise, strengthening confidence in its ability to capitalize on its assets.
Company Highlights
- Bryah Resources is an Australia-based mineral exploration and development company with assets in Western Australia.
- The company’s assets include a range of battery metals, such as lithium, copper, manganese and nickel.
- Bryah Resources’ assets are in the Bryah Basin, an underexplored region that only received attention following a 2009 discovery, creating blue-sky potential for the company.
- The discovery of a volcanogenic massive sulphide (VMS) system at the Windalah Prospect within its flagship asset, Bryah Basin East, confirms the potential of new copper-gold deposits.
- Bryah Resources’ discovery at the Horseshoe South Manganese asset attracted the interest of OM Holdings, creating a new JV partnership.
- The company’s additional Western Australian assets include copper-gold and lithium-nickel deposits.
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Battery Metal Exploration and Development Opportunities in Western Australia