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Bryah Resources (ASX:BYH) completes further drilling at joint venture project

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ASX:OMH      MCAP $383.1M
19 February 2021 11:10 (AEST)
Bryah Resources (ASX:BYH) - Managing Director, Neil Marston (right)

Source: WA Business News

Bryah Resources (BYH) has drilled seven shallow holes at its Bryah Basin Manganese Joint Venture Project just north of Meekatharra in central Western Australia.

The company drilled two holes, for 65 metres, at the Horseshoe South Extended and five holes for 135.9 metres at the Brumby Creek Project.

Promisingly, manganese mineralisation was found in the diamond core and is consistent with results from earlier drilling.

Moving forward, some of the manganese mineralisation will need to be beneficiated to make it sellable.

The core samples will be used to test the best beneficiation path, which is likely to include ore-sorting and Dense Media Separation trials.

Once beneficiation is complete, Bryah Resources will aim to finalise mineral resource estimates for the Horseshoe South, Brumby Creek and Black Hill areas.

All drill core is under assessment in Perth where it has been geologically logged.

The joint venture between Bryah and regional leader of the manganese industry, OM Holdings’ (OMH) subsidiary OM Manganese (OMM), was formed in April 2019.

Today’s announcement comes after yesterday’s news that Primero Group (PGX) backflipped on a deal to purchase 70 per cent of the Bryah Basin Manganese Joint Venture.

On the market today, Bryah Resources is down 1.69 per cent and trading at 5.8 cents at 10:38 am AEDT.

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