PriceSensitive

Bryah Resources (ASX:BYH) progresses exploration at JV project ahead of drilling

Mining
ASX:BYH      MCAP $3.484M
02 June 2021 11:50 (AEST)

Bryah Resources (BYH) has identified new manganese targets within its Bryah Basin Manganese Joint Venture (JV) Project in Western Australia.

Bryah owns a 60 per cent interest and OM Manganese (OMM) owns the remaining 40 per cent.

In April this year, a geological mapping program was completed to identify new areas of high-grade manganese near the Brumby Creek prospect which is part of the JV project.

Fifty rock chip samples were collected and successfully confirmed the presence of outcropping and detrital high grades of up to 49 per cent manganese.

“At Brumby Creek, which had not been extensively examined earlier, the sampling results are very encouraging with up to 49 per cent manganese recorded in this latest program,” Byrah Managing Director Neil Marston said.

To follow up on the mapping program, Bryah recently began gradient array induced polarisation (GAIP) survey work at two priority areas near the Brumby West, Brumby East and Area 74 prospects.

As last year’s GAIP survey successfully uncovered manganese mineralisation at the Area 74 and Brumby Creek prospects, the company believes it may find more.

Looking ahead, the JV companies are targeting mineral resource estimates for the Brumby Creek, Black Hill and Horseshoe South deposits. They also plan to conduct heritage surveys to clear areas for a reverse circulation drilling program set to begin for the third quarter of the year.

“We see great potential for us to be producing high-grade manganese ore from the Bryah Basin in the near future,” Mr Marston said.

Bryah’s shares are down 4.88 per cent and shares are trading at 7.8 cents at 1:15 pm AEST.

Related News