- Bryah Resources (BYH) receives further results from the Australian Vanadium Project in Western Australia
- Of the nearly 1400 samples submitted for analysis, 124 recorded gold grades between 0.1 grams of gold per tonne (g/t) and 3.92g/t gold
- Samples were collected from around the New Hope fault zone to follow up on previously reported intercepts
- Bryah is now planning a 1000-metre reverse circulation drilling program with aims to intersect the potential gold mineralised zones
- Shares in Bryah are down 1.75 per cent on the market and are trading at 5.6 cents at 3:24 pm AEST
Bryah Resources (BYH) has received further results from the Australian Vanadium Project in Western Australia.
A total of 1377 samples from previous drilling programs were submitted for gold analysis and results have now been received.
Of these samples, 124 recorded gold grades between 0.1 grams of gold per tonne (g/t) and 3.92g/t gold.
Samples were collected from around the New Hope fault zone to follow up on previously reported intercepts.
Best results include one metre at 3.92g/t gold from 80 metres, one metre at 2.54g/t gold from 117 metres and 21 metres at 0.74g/t gold from surface.
Additionally, to gain a better understanding of the New Hope fault zones, a high-resolution ground magnetic survey was undertaken in July.
The survey data is currently being processed for detailed geophysical interpretation.
Managing Director Neil Marston hopes Bryah’s upcoming drilling program will yield high-grade results.
“Earlier this year we reported exceptionally high-grade gold assays of 10 metres grading 27.5g/t gold with one metre assays of up to 182g/t gold within an area we now call the New Hope Prospect,” Mr Marston said.
“The next step for Bryah is to undertake a program of drilling at New Hope to confirm these earlier drilling results and to test for extensions outside of the limited zone of earlier drilling.”
Bryah is now planning a 1000-metre reverse circulation (RC) drilling program with aims to intersect the potential gold mineralised zones.
Shares in Bryah were down 1.75 per cent on the market and trading at 5.6 cents at 3:24 pm AEST.