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December 21, 2022
Bryah Resources Limited (ASX: BYH, “Bryah” or “the Company”) is pleased to announce it has completed 1,557 metres of RC drilling at the Brumby Creek manganese project. Bryah is in a Joint Venture with OM (Manganese) Ltd, (“OMM”). OMM is a wholly owned subsidiary of OM Holdings Limited (ASX: OMH).
HIGHLIGHTS
- 1,557 Metres of RC drilling completed at the Brumby Creek manganese targets
- 41 RC holes drilled.
- Gradient Array Induced Polarisation (GAIP) surveys completed over 5 project areas.
Commenting on the drilling, Bryah CEO Ashley Jones said: “The last drill program of the year was completed on the Redrum and West Brumby areas with the aim to expand areas of previously intersected manganese mineralisation. We look forward to these results next year.
Figure 1 Location of Mn JV prospects with Mineral Resource on Aeromagnetics TMI RTP image
ABOUT BRYAH RESOURCES
Bryah’s assets are all located in Western Australia, a Tier One global mining and exploration jurisdiction. Strategically the Projects are energy metals focused, or able to exploit synergies of geological knowledge, locality and exploration.
The prospective Bryah Basin licences cover 1,048km2 and have a potential new Volcanogenic Massive Sulphide (VMS) ‘Horseshoe Lights type’ mine analogue at the Windalah prospect, and multiple other similar untested targets. The area also contains extensive outcroppings of manganese, the subject of a substantial $7M joint venture with ASX listed OM Holdings Limited (ASX: OMH). OMH is a vertically integrated manganese producer and refiner with a market capitalisation of over $500M. Bryah and OMH have an excellent working relationship, with OMH having already spent over $3 million to earn-in to the Manganese Rights of the Project.
Click here for the full ASX Release
This article includes content from Bryah Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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