Join our daily newsletter At The Bell to receive exclusive market insights
- 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
Bryah Resources (BYH) has intersected high-grade manganese mineralisation at the Horseshoe South Manganese Mine in Western Australia.
Reverse circulation (RC) drilling was undertaken throughout October and November to enable improved geological modelling for the preparation of JORC 2012 mineral resource estimates.
40 RC holes, for 925 metres, were drilled within mining lease M52/806 at the Main Open Pit Area and the Extended Open Pit Area.
Main Pit Area
25 holes, for 337 metres, were drilled at the Main Pit Area to better define areas where previous drilling intersected more than 30 per cent manganese.
Best results from this recent drilling include three metres at 37.8 per cent manganese including two metres at 44.3 per cent manganese from five metres, and four metres at 35.9 per cent manganese including three metres at 39.7 per cent manganese from nine metres.
Extended Pit Area
The remaining 15 holes, for 588 metres, were drilled at the Extended Pit Area to extend the mineralisation identified in earlier programs.
Work also followed-up on low iron and phosphorus results that were intersected in prior drilling.
New results include 16 metres at 26.1 per cent manganese including one metre at 33.8 per cent manganese from 19 metres, and eight metres at 28.9 per cent manganese including one metre at 34.3 per cent manganese from 11 metres.
These results confirm the presence of high-grade manganese beneath the existing pit.
Additionally, the grades and widths show the potential for high-grade mineralisation to be identified within the mining lease.
Bryah is up a healthy 25.7 per cent on the back of this news with shares trading at 8.8 cents at 11:41 am AEDT.
