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Bryah Resources (ASX:BYH) begins drilling program at Bryah Basin

Mining
ASX:BYH      MCAP $3.484M
04 July 2020 06:00 (AEST)
Bryah Resources (ASX:BYH) - Managing Director, Neil Marston

Source: Proactive Investors

Bryah Resources (BYH) has begun its 2000-metre reverse circulation (RC) drilling program in the Bryah Basin of Western Australia.

This RC program will target the Windalah gold prospect and a significant electromagnetic (EM) conductor.

Windalah prospect

At least seven holes will be drilled at the Windalah prospect to follow-up on recently identified high-grade intersections.

Results include 12 metres at 4.32g/t gold from surface including two metres at 17.19g/t gold from three metres and five metres at 6.62g/t gold from 79 metres including one metre at 15.15g/t gold from 82 metres.

Electromagnetic Conductor

In 2018, a significant electromagnetic conductor was identified via an airborne versatile time-domain electromagnetic (VTEM) survey and confirmed via a moving-loop electromagnetic (MLEM) survey.

This conductor lies seven kilometres north of Alkane Resources’ (ALK) Peak Hill Gold Mine, and 65 kilometres west of Sandfire Resources’ (SFR) DeGrussa Mine.

Downhole EM surveys will be undertaken to aid in follow-up exploration.

“This drilling program is the first of several drilling campaigns we plan to undertake over the remainder of 2020 to test some of our excellent gold and copper targets,” Managing Director Neil Marston said.

“The recent gold results reported from our drilling at Windalah will be followed up with at least seven RC holes in this program. We also plan to drill at least two deep holes at the high order EM target north of the historic Peak Hill gold mine,” he added.

Bryah has ended the day 5.66 per cent in the green with shares trading for 5.6 cents each in a $6.434 million market cap.

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