Proactiveinvestors Australia Bryah Resources Ltd https://www.proactiveinvestors.com.au Proactiveinvestors Australia Bryah Resources Ltd RSS feed en Thu, 27 Jun 2019 12:16:42 +1000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Bryah Resources commences follow-up drill program at manganese project ]]> https://www.proactiveinvestors.com.au/companies/news/222191/bryah-resources-commences-follow-up-drill-program-at-manganese-project-222191.html Bryah Resources Ltd (ASX:BYH) has commenced a follow-up drill program at its Bryah Basin Manganese Project in Western Australia.

Drilling follows the 122 holes for 3,062 metres completed in May 2019 across four locations - Horseshoe South mine, Brumby Creek, Devils Hill, Black Cat.

Lab assays from that program are due later this month.

The follow up drilling is targeting the Horseshoe South mine, the Brumby Creek Prospect and other untested areas including the Black Hill and Black Caviar prospects.

Bryah expects this next phase of drilling will be completed by the end of June 2019.

READ: Bryah Resources Ltd $7.3 million manganese farm-in agreement a “game-changer”, shares up

The project is subject to a $7.3 million farm-in and joint venture agreement with a subsidiary of OM Holdings Limited (ASX:OMH).

The objective of the joint venture is to explore for commercially mineable manganese, leading to near term production.

Proactive caught up with the company in April 2019, which is when the $7.3 million joint venture was established.

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Mon, 17 Jun 2019 13:57:00 +1000 https://www.proactiveinvestors.com.au/companies/news/222191/bryah-resources-commences-follow-up-drill-program-at-manganese-project-222191.html
<![CDATA[News - Bryah Resources completes initial manganese drilling program at Bryah Basin ]]> https://www.proactiveinvestors.com.au/companies/news/221183/bryah-resources-completes-initial-manganese-drilling-program-at-bryah-basin-221183.html Bryah Resources Ltd (ASX:BYH) has successfully completed the first phase of manganese exploration drilling within the Bryah Basin in central Western Australia.

The drilling program is being managed by Bryah and funded by OM (Manganese) Ltd (OMM) under the recently announced $7.3 million agreement between Bryah and OMM, a wholly owned subsidiary of OM Holdings Ltd (ASX:OMH).

READ: Bryah Resources $7.3 million manganese farm-in agreement a “game-changer”, shares up

Under the agreement, OMM is funding $500,000 of manganese exploration within the project area by June 30 2019.

A total of 122 holes for 3,062 metres of reverse circulation drilling was completed in this program at four sites; the historical Horseshoe South Manganese mine, the Brumby Creek and Devils Hill Prospects and a nearby prospect named Black Cat.

Bryah Basin tenements and geology plan

A total of 1,354 one metre interval samples from the Horseshoe South Extended and Brumby Creek areas have been delivered to a laboratory in Perth for analysis.

Bryah expects the assay results for these samples to be available in June 2019.

 

An additional consignment of samples from the Devils Hill and Black Cat Prospects will be sent to the laboratory shortly.

A follow-up drilling program is currently planned to commence in June 2019.

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Thu, 30 May 2019 14:27:00 +1000 https://www.proactiveinvestors.com.au/companies/news/221183/bryah-resources-completes-initial-manganese-drilling-program-at-bryah-basin-221183.html
<![CDATA[News - Bryah Resources begins drilling at Horseshoe South manganese mine, shares rise ]]> https://www.proactiveinvestors.com.au/companies/news/219750/bryah-resources-begins-drilling-at-horseshoe-south-manganese-mine-shares-rise-219750.html Bryah Resources Ltd's (ASX:BYH) shares are trading about 8% higher intra-day after commencing its program of manganese drilling at the historical Horseshoe South manganese mine within the Bryah Basin in central Western Australia.

The company’s Bryah Basin Manganese Project is subject to the recently signed $7.3 million Manganese farm-in and joint venture agreement with a wholly owned subsidiary of OM Holdings Ltd (ASX:OMH).

READ: Bryah Resources Ltd $7.3 million manganese farm-in agreement a “game-changer”, shares up

OM has already paid Bryah a $250,000 signing fee and is providing $500,000 to Bryah to undertake a program of drilling at a number of high priority targets by June 30 2019.

Under the terms of the agreement, Bryah is the manager of the project until OM earns a 51% joint venture Interest.

The Bryah Basin Manganese Project includes the Horseshoe South mine, which is the largest historical manganese mine in the region.

Tenement location plan

The Horseshoe South mine has produced about 1 million tonnes of high-grade manganese ore from 1948-1969 and 2008-2011.

Notably, the Horseshoe Range area has been the main manganese producing region within the Bryah and Padbury Basins, with production dominated by the Horseshoe South Mine and a smaller satellite deposit at the Horseshoe North Mine.

 

A 2018 sampling and mapping program over Mining Lease M52/806 and the adjoining area identified significant manganese potential with rock chip samples grading up to 48.8% manganese.

In addition, shallow drilling completed in 2011 on the neighbouring tenement to the south of M52/806 recorded an indicated resource of 437,000 tonnes at 19.6% manganese.

Stage 1 drilling is targeting immediately north of this resource with the drill rig presently on site.

Other high priority areas to be drilled during stage 1 are the Brumby Creek and Devils Hill prospects.

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Tue, 07 May 2019 13:25:00 +1000 https://www.proactiveinvestors.com.au/companies/news/219750/bryah-resources-begins-drilling-at-horseshoe-south-manganese-mine-shares-rise-219750.html
<![CDATA[News - Bryah Resources completes purchase of historical Horseshoe South Manganese Mine ]]> https://www.proactiveinvestors.com.au/companies/news/219217/bryah-resources-completes-purchase-of-historical-horseshoe-south-manganese-mine-219217.html Bryah Resources Ltd (ASX:BYH) has exercised options to acquire the historical Horseshoe South Manganese Mine along with rights to prospect, explore, mine and develop manganese ore over a further 154 square kilometres within the Bryah Basin in central Western Australia.

The company has completed the purchase for total consideration of $340,000, being a cash payment of $170,000 and the issue of ordinary shares to the value of $170,000.

A total of 2,615,385 new shares have been issued to the vendor, Peak Hill Manganese Pty at 6.5 cents per share.

The Horseshoe South Manganese Mine and the manganese rights area are part of the broader Bryah Basin Manganese Project and are subject to a $7.3 million agreement between Bryah and OM Holdings Limited (ASX:OMH).

Bryah managing director Neil Marston said: “Completing the purchase of the historical Horseshoe South mine provides Bryah with a granted mining lease in a very central location within our Bryah Basin Manganese Project area.

“With significant funding secured through our recently completed farm-in and JV agreement with OM Holdings, we look forward to the start of drilling at Horseshoe South and other prospective exploration areas next month.”

Horseshoe South is the largest historical manganese mine in the region, having produced about 1 million tonnes of high-grade manganese ore from 1948-1969 and 2008-2011.

The Horseshoe Range area has been the main manganese producing region within the Bryah and Padbury basins with production dominated by the Horseshoe South Mine on M52/806 and a smaller satellite deposit at the Horseshoe North mine which is on E52/1860.

READ: Bryah Resources Ltd $7.3 million manganese farm in agreement a “game changer”, shares up

The first production period for these two deposits was from 1948 to 1969 when 490,000 tonnes of manganese ore was mined at a reported average grade of 42% manganese.

Between 2008 and 2011, Process Minerals International Pty Ltd (PMI) processed historical stockpiles and carried out open pit mining operations.

The stockpiles were processed using mobile screening equipment whilst a dense media separation (DMS) plant treated the mined ore.

More than 400,000 tonnes of manganese ore was produced and sold by PMI during these operations.

A 2018 sampling and mapping program over mining lease M52/806 and the manganese rights area identified significant manganese potential with rock chip samples grading up to 48.8% manganese being recorded.

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Mon, 29 Apr 2019 13:58:00 +1000 https://www.proactiveinvestors.com.au/companies/news/219217/bryah-resources-completes-purchase-of-historical-horseshoe-south-manganese-mine-219217.html
<![CDATA[News - Bryah Resources Ltd $7.3 million manganese farm-in agreement a “game-changer”, shares up ]]> https://www.proactiveinvestors.com.au/companies/news/218908/bryah-resources-ltd-73-million-manganese-farm-in-agreement-a-game-changer-shares-up-218908.html Bryah Resources Ltd (ASX:BYH) has executed a “game-changing” $7.3 million manganese farm-in agreement with OM Holdings Limited (ASX:OMH) covering manganese in the company’s Bryah Basin project.

A farm-in and joint venture agreement has been signed with OM (Manganese) Ltd (OMM), a wholly-owned subsidiary of OM Holdings, a regional leader in the manganese industry.

Shares are up almost 17% at midday to 7.6 cents.

OMH seeks new sources

Bryah’s managing director Neil Marston said: “The execution of this agreement with the highly regarded OMH Group is a game-changing event for Bryah and its shareholders.

“OMH Group has manganese mining expertise and is seeking new sources of manganese ore to replace its Bootu Creek production in the near future.”

Under the agreement OM can spend $3 million, including cash payments to Bryah totalling $500,000, to earn a 51% interest in the manganese mineral rights over a 660 square kilometre area.

At Bryah’s election, OM can increase its interest to 70% by spending a further $4.3 million.

Following the OM deal, Bryah has exercised its exclusive options to purchase the historical Horseshoe South Manganese Mine and manganese rights over a further 154 square kilometres of adjoining ground.

In May 2018 Bryah secured options to purchase the mine and manganese rights with the exercising coming ahead of the option expiry dates.

READ: Bryah Resources targets copper, gold and manganese in Bryah Basin

These tenements form a key part of the Bryah Basin Manganese Project with Horseshoe South being the largest historic manganese mine in the region.

This mine produced around 1 million tonnes of high-grade manganese ore from 1948-1969 and from 2008-2011.

It lies on a granted mining lease and re-starting mining operations should be straightforward.

These tenements are also subject to the farm-in and JV agreement between Bryah and OMM.

Bryah Basin tenements and geology plan.

READ: Bryah Resources identifies another large copper-gold anomaly at Bryah Basin project

Marston said: “Field work in 2018 confirmed the potential for shallow drilling to identify additional mineral resources on these tenements.

“With the exciting new manganese joint venture with OMM in place, we decided to exercise the options early and we look forward to start drilling at Horseshoe South and other areas next month.”

Consideration for purchasing the Horseshoe South Manganese Mine is $150,000 in cash and $150,000 in Bryah ordinary shares.

Purchasing the manganese mineral rights involves $20,000 in cash and $20,000 in Bryah shares.

OMM agreement payments

The OMM agreement includes:

$250,000 signing fee paid to Bryah on April 18, 2019; $500,000 from OMM for project expenditure by June 30, 2019; $250,000 exercise fee, payable to Bryah in July 2019; $2 million from OMM for project expenditure by June 30, 2022, for OMM to earn a 51% JV interest $1.8 million of additional project expenditure, at Bryah’s election, for OMM to earn a 60% JV interest; and $2.5 million of additional project expenditure, at Bryah’s election, for OMM to earn a 70% JV interest.

Bryah is the project manager until OMM has earned a 51% JV interest and thereafter OMM may elect to be the project manager.

The JV applies to manganese mineral rights only, with Bryah retaining all other minerals.

Tenement location plan.

OM Holdings is a vertically integrated manganese and silicon specialist involved in mining, smelting and trading, with operations in Australia, China, Japan, Malaysia, Singapore and South Africa.

In Australia, the company operates the Bootu Creek manganese mine in the Northern Territory.

The Bryah Basin is host to the high-grade copper-gold mines at DeGrussa, discovered by Sandfire Resources NL (ASX:SFR) in 2009, and at Horseshoe Lights, which was mined until 1994.

This basin also has several historical and current manganese mines including the Horseshoe South mine.

Map of southern part of Horseshoe South Mine.

Marston said: “We are both strongly aligned to Bryah’s stated aim of moving from explorer to manganese ore producer in the near term.

“We understand the OMH Group want to maintain their own supply of quality manganese ore for their smelter in Sarawak, Malaysia, so by teaming up with them via this agreement we have substantially de-risked implementation of Bryah’s manganese production strategy.”

Drilling program

Stage I drilling of 3,000 metres will begin in the first week of May 2019.

Marston said: “In the last 12 months our exploration team at Bryah has conducted a significant amount of ground work ahead of the commencement of manganese drilling next month.

“The plan under the JV agreement is for us to drill test targets at the Horseshoe South Manganese Mine and the Brumby Creek and Devils Hill prospects, as well as some other untested sites as quickly as possible.

“We see excellent potential for shallow drilling to identify significant manganese resources in this largely unexplored land holding in the Bryah Basin.”

Manganese outlook

The partners are also upbeat about the outlook for manganese, which is the fourth most consumed metal behind iron, aluminium and copper.

More than 90% of demand comes from steelmaking and no suitable substitute for the metal exists, which means it cannot be recycled

Manganese is also used in batteries, chemicals and the aluminium industry.

The demand for manganese for use in new generation batteries for electric vehicles (EV) is expected to grow significantly as the uptake of EVs increases.

Marston added: “The prices of manganese ore remained robust throughout 2018 and the global outlook for manganese remains positive, as it is a critical and irreplaceable element in steel production.”

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Tue, 23 Apr 2019 10:09:00 +1000 https://www.proactiveinvestors.com.au/companies/news/218908/bryah-resources-ltd-73-million-manganese-farm-in-agreement-a-game-changer-shares-up-218908.html
<![CDATA[Media files - Bryah Resources partners with OM Holdings, buys Horseshoe South Manganese Mine ]]> https://www.proactiveinvestors.com.au/companies/stocktube/13070/bryah-resources-partners-with-om-holdings-buys-horseshoe-south-manganese-mine-13070.html Mon, 22 Apr 2019 23:53:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/13070/bryah-resources-partners-with-om-holdings-buys-horseshoe-south-manganese-mine-13070.html <![CDATA[News - Bryah Resources in trading halt with Bryah Basin Manganese Project JV news pending ]]> https://www.proactiveinvestors.com.au/companies/news/218730/bryah-resources-in-trading-halt-with-bryah-basin-manganese-project-jv-news-pending-218730.html Bryah Resources Ltd (ASX:BYH) is in a trading halt pending an announcement regarding a joint venture on its Bryah Basin Manganese Project north of Meekathara in Western Australia.

The trading halt will remain until an announcement is made to market or until the start of trade on the ASX on Tuesday, April 23, 2019.

Shares last traded at 6.5 cents.

 

The company recently identified a potentially substantial copper-gold anomaly at the Wongawar prospect through rock chip sampling grading up to 1.17 g/t gold and 693ppm copper.

It is also preparing to drill around the historic Horseshoe South Manganese Mine with a view to generating mineral resources and beginning production in 12 months.

Bryah managing director Neil Marson said the sampling results seen at Wongawar were very encouraging because they indicated a highly prospective anomaly over a wide area in unexplored terrain.

READ: Bryah Resources targets copper, gold and manganese in Bryah Basin

He said: “I am extremely pleased to announce these exploration results for Bryah, the latest in a series of excellent milestones for the company.

“Importantly, we are also preparing to drill some of our exciting manganese targets now that all site access approvals are in place.”

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Wed, 17 Apr 2019 12:44:00 +1000 https://www.proactiveinvestors.com.au/companies/news/218730/bryah-resources-in-trading-halt-with-bryah-basin-manganese-project-jv-news-pending-218730.html
<![CDATA[Media files - Bryah Resources complements copper-gold strategy with historic manganese project ]]> https://www.proactiveinvestors.com.au/companies/stocktube/12735/bryah-resources-complements-copper-gold-strategy-with-historic-manganese-project-12735.html Tue, 26 Mar 2019 20:35:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/12735/bryah-resources-complements-copper-gold-strategy-with-historic-manganese-project-12735.html <![CDATA[News - Bryah Resources targets copper, gold and manganese in Bryah Basin ]]> https://www.proactiveinvestors.com.au/companies/news/216710/bryah-resources-targets-copper-gold-and-manganese-in-bryah-basin-216710.html Bryah Resources Ltd (ASX:BYH) specialises in copper-gold and manganese exploration in Western Australia’s Bryah Basin. The company is run by Neil Marston, an accountant with 35 years of experience in the resources industry and other sectors. Marston has extensive experience in minerals exploration, capital raising, regulatory approvals and contract negotiations and was previously managing director of Horseshoe Metals Limited (ASX:HOR) (FRA:6HS).

Bryah’s new chairman Ian Stuart was managing director of Laconia Resources for five years and previously worked at Macquarie Group Ltd (ASX:MQG) where he gained extensive experience in capital markets. Stuart was a senior geologist at a number of Australian, African and Latin American resource sites, exploring for gold and base metals.

What does Bryah Resources own?

The key asset is the 720-square-kilometre Bryah Basin project in central Western Australia.

During the December quarter of 2018, the company completed its first drilling program in the Bryah Basin, discovering high-grade gold at Windalah prospect.

Highlighted intersections unveiled in the quarter were 5-metres grading 6.62 g/t gold from 79 metres in November, including 1-metre at 15.05 g/t gold; and 27 metres grading 1.43 g/t from 132 metres in October.

Earlier this month another significant prospective copper-gold anomaly was identified at the project’s Wongawar prospect.

Rock chip and soil sampling put the anomalism at a 700-metre contact length.

Assays of the rock chip samples were 1.17 g/t gold and 693 ppm copper.

Wongawar prospect was first identified as a prospective area in 2017 during regional mapping by a consultant geologist who collected four rock chip samples in 2018.

The best of the four samples had assayed 1.17 g/t gold and 233 ppm copper.

A historical intersection from 1990 at the prospect had featured 16 metres grading 0.18 g/t gold.

Rock chip samples from the Brumby Creek area at Bryah Basin project have returned up to 48.5% manganese, a drawcard Bryah hopes to follow up after receiving regulatory approval.

The nearby Black Hill and Black Caviar prospects recorded up to 50% manganese in rock chips.

Who is Bryah Resources’ partner?

Bryah has a partner of sorts in fellow West Perth company Australian Vanadium Ltd (ASX:AVL) (FRA:JT71) (OTCMKTS:ATVVF).

Their project areas near the ghost town of Gabanintha are 43 kilometres south of the mining town of Meekatharra and 740 kilometres northeast of Perth.

Known previously as the 202-square-kilometre Gabanintha project, the area is now referenced as several projects, with Australian Vanadium’s sub-project known as The Australian Vanadium Project.

The partner holds vanadium, uranium, cobalt, chromium, titanium, lithium, tantalum, manganese and iron ore rights to the project.

Bryah holds the remaining mineral rights at its Gabanintha project, including to the battery metals of nickel and copper which showed in sulphide concentrates produced from flotation in May 2018 grades of 3.8% to 6.3% base metals, including 1.54-2.02% cobalt, 1.36-2.58% nickel and 0.82-1.7% copper.

Australian Vanadium’s maiden ore reserve is 18.24 million tonnes at 1.04% vanadium pentoxide (V2O5), comprising a proved reserve of 9.82 million tonnes at 1.07% V2O5 and a probable reserve of 8.42 million tonnes at 1.01% V2O5.

Eleven tenements are held by Australian Vanadium in pending mining lease application M51/878, consisting of 70% of the mineral resource, while the remaining 30% of the mineral resource is found at its wholly-owned exploration licence E51/843.

Australian Vanadium project’s square kilometre count is a larger 260 square kilometres to Bryah’s smaller Gabanintha project.

A pre-feasibility study (PFS) was produced for the Australian Vanadium Gabanintha project in December 2018 valuing it at a top-end of US$1.4 billion ($2 billion).

Australian Vanadium’s PFS concentrator plant design had included a sulphide flotation circuit that could extract the remaining minerals at the project which Bryah has rights to.

The partner expects to finish its latest drilling campaign in about April 2019 then start a pilot metallurgical test program.

Large diameter diamond core is being collected as test material for pilot-scale studies.

Bryah’s partner had a market capitalisation of about $39 million yesterday to Bryah’s $4.6 million market cap.

What projects can Bryah Resources evaluate?

West Perth-based Bryah also holds a one-year option to acquire the historical Horseshoe South Manganese Mine and the manganese mineral rights over another 154 square kilometres of Bryah Basin ground.

Earlier this month the company’s field geologists were mobilising to drill around the historical mine which is covered by a granted mining lease.

This mine historically produced about 1 million tonnes of manganese ore with the most recent Horseshoe South mining between 2008 and 2011 when Mineral Resources Limited (ASX:MIN) extracted more than 400,000 tonnes.

It was the largest manganese mine in Bryah Basin and just 1-kilometre north of the privately-owned Horseshoe Flats Manganese Mine which began production in 2017.

Bryah has a WA Department of Mines, Industry Regulation and Safety (DMIRS) Program of Works (POW) approval that allows it to drill the project’s high-priority Brumby Creek manganese prospect and other targets at Horseshoe South Manganese Mine and Devils Hill.

There was 490,000 tonnes of manganese ore grading about 42% manganese mined historically at Horseshoe South mine and Horseshoe North mine on Horseshoe Range between 1948 and 1971.

Bryah has heritage clearance for its activities at Horseshoe South and its managing director was previously managing director of Horseshoe Metals.

Inflection points

Significant fundraising, strategic partnerships, asset buys or divestments

March quarter reporting season results

Upcoming milestones for Australian Vanadium and Bryah projects

Managing director Neil Marson notes Bryah prospectivity

“The sampling results seen at Wongawar prospect are very encouraging because they indicate a highly-prospective anomaly over a wide area in what is very unexplored terrain,” Bryah managing director Neil Marson said.

“I am extremely pleased to announce these very encouraging exploration results for Bryah, the latest in a series of excellent milestones for the company.

“Importantly, we are also preparing to drill some of our exciting manganese targets, now that all site access approvals are in place.”

Bryah managing director Neil Marson will deliver a 12.15pm address on day 2 of the March 27-28 Australian Energy & Minerals Investor Conference at Royal on the Park Brisbane.

 

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Tue, 19 Mar 2019 00:55:00 +1100 https://www.proactiveinvestors.com.au/companies/news/216710/bryah-resources-targets-copper-gold-and-manganese-in-bryah-basin-216710.html
<![CDATA[News - Bryah Resources identifies another large copper-gold anomaly at Bryah Basin project ]]> https://www.proactiveinvestors.com.au/companies/news/215754/bryah-resources-identifies-another-large-copper-gold-anomaly-at-bryah-basin-project-215754.html Bryah Resources Ltd (ASX:BYH) has discovered another new potentially significant copper-gold anomaly within its Bryah Basin project in central Western Australia.

The anomaly at a new prospect called Wongawar has been identified through a combination of rock chip and soil sampling.

Rock chip samples have recorded assays of up to 1.17 g/t gold and 693 ppm copper with anomalism extending over a contact length of 700 metres.

READ: Bryah Resources finds significant geochemical anomaly at Windalah

Managing director Neil Marston said: “The sampling results at Wongawar prospect are very encouraging because they indicate a highly prospective anomaly over a wide area in what is very unexplored terrain.

“At Wongawar we now have several samples anomalous in gold and copper.”

Results received are a strong indication of orogenic gold and/or volcanic massive sulphide (VMS) systems.

Wongawar prospect was first identified as a prospective area in 2017 during regional mapping by a consultant geologist who collected four rock chip samples in 2018.

The best of these samples assayed 1.17 g/t gold and 233 ppm copper.

This area’s prospectivity was confirmed through follow-up sampling by in-house geologists who collected a further four samples.

Best gold results were 1.02 g/t and 0.8 g/t while other samples assayed 693 ppm and 632 ppm copper.

READ: Bryah Resources gets boost from partner’s positive PFS result

A further three samples collected around 700 metres to the southwest of the previous sampling were anomalous in copper with one assaying 658 ppm.

This area was covered by the company’s 2018 soil geochemical survey which included sampling on a wide-spaced grid completed over several tenements.

Infill soil sampling

Following a detailed review of data, infill soil sampling was completed at Wongawar in late 2018 with 55 geochemical soil samples collected.

This was in addition to infill sampling at the company’s Windalah prospect.

Bryah used the latest laboratory-developed technologies of four acid digestion method to analyse the samples.

Mobile Metal Ion survey planned

During December 2018 an orientation Mobile Metal Ion (MMI) survey was completed at Windalah to determine if such a method could be used as part of a follow-up soil geochemical sampling program.

This proved successful and an MMI survey over Wongawar to test for copper-gold mineralisation is planned for later this month ahead of a drilling program.

The drilling has Department of Mines, Industry Regulation and Safety (DMIRS) Program of Works (POW) approval and heritage clearance.

READ: Bryah Resources appoints Ian Stuart to vacant chairman position

Marston said: “We look forward to completing our MMI soil survey ahead of drilling to test this copper-gold exploration target.

“I am extremely pleased to announce these very encouraging exploration results for Bryah, the latest in a series of excellent milestones for the company.”

Manganese drilling upcoming

Meantime, Bryah’s field geologists are mobilising to the site to prepare for drilling around the Horseshoe South Manganese Mine on a granted mining lease.

This mine historically produced about 1 million tonnes of manganese ore with the most recent mining between 2008 and 2011 when Mineral Resources Limited (ASX:MIN) extracted over 400,000 tonnes.

It was the largest manganese mine in the Bryah Basin and is 1-kilometre north of the privately-owned Horseshoe Flats Manganese Mine which began production in 2017.

The DMIRS has approved the POW for Brumby Creek manganese prospect which allows Bryah to begin drilling this high-priority target along with others at Horseshoe South Manganese Mine and Devils Hill.

Marsten added: “Importantly, we are also preparing to drill some of our exciting manganese targets, now that all site access approvals are in place.”

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Tue, 05 Mar 2019 10:18:00 +1100 https://www.proactiveinvestors.com.au/companies/news/215754/bryah-resources-identifies-another-large-copper-gold-anomaly-at-bryah-basin-project-215754.html
<![CDATA[News - Bryah Resources finds significant geochemical anomaly at Windalah ]]> https://www.proactiveinvestors.com.au/companies/news/215085/bryah-resources-finds-significant-geochemical-anomaly-at-windalah-215085.html Bryah Resources Ltd (ASX:BYH) has received the results of its geochemical soil sampling program completed in December within its Bryah Basin Project in central Western Australia.

The results, combined with mapping, have identified a large target at the Windalah prospect thought to host volcanogenic massive sulphides (VMS) or orogenic gold mineralisation.

Notably, the anomaly is to the immediate east of 2018 drilling which intersected significant gold intervals.

An orientation mobile metal ion (MMI) survey to the west of the target also proved successful in identifying low-level gold above significant recent drilling gold results.

READ: Bryah Resources drills more high-grade gold at Windalah

Additional MMI sampling over the large target is due to commence shortly ahead of further drilling.

Bryah’s managing director Neil Marston said: “These anomalous geochemical results are very encouraging and further vindicates our methodical exploration approach to the entire land package.

“At Windalah we now have a significant alteration cell elevated in antimony, gold, arsenic and selenium as well as other important VMS pathfinder elements.

“We look forward to completing the next MMI survey at our Windalah Project and other anomalous areas ahead of further drilling to test these copper-gold exploration areas.”

READ: Bryah Resources appoints Ian Stuart to vacant chairman position

Two other drill programs also planned

Planning and coordination of drilling on the granted mining lease at Horseshoe South is well advanced and expected to be initiated in coming weeks.

Additionally, approvals for drilling at the Brumby Creek Manganese Prospect are progressing.

A key approval is expected in the next few weeks allowing drilling to commence on the high-priority manganese exploration target in conjunction with drilling at Horseshoe South.

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Fri, 22 Feb 2019 09:11:00 +1100 https://www.proactiveinvestors.com.au/companies/news/215085/bryah-resources-finds-significant-geochemical-anomaly-at-windalah-215085.html
<![CDATA[News - Bryah Resources appoints Ian Stuart to vacant chairman position ]]> https://www.proactiveinvestors.com.au/companies/news/214494/bryah-resources-appoints-ian-stuart-to-vacant-chairman-position-214494.html Bryah Resources Ltd (ASX:BYH) has appointed geologist Ian Stuart as its non-executive chairman to the board.

Stuart was previously managing director of Laconia Resources from 2009 to 2014 and prior to that he worked at Macquarie Group Ltd (ASX:MQG).

His time at Macquarie provided him with extensive experience in capital markets, public company governance and management across Australia and internationally.

Stuart has also worked as a senior geologist throughout Australia and Africa, exploring for gold and base metals.

He has particularly relevant experience in exploring volcanic-hosted massive sulphide (VMS) deposits, including feasibility studies and project development.

READ: Bryah Resources gets boost from partner’s positive PFS result

Bryah’s managing director Neil Marston said: “During his tenure as a non-executive director, Stuart Hall has made a significant contribution to the company, assisting in its successful ASX listing in 2017, and providing rigorous oversight of the company’s manganese, copper and gold exploration activities.

“Bryah Resources has quickly achieved exploration success, and we thank Stuart for his valuable service over the last 2 years.

“We also extend a warm welcome to Ian Stuart to fill the vacant chair position.

“Ian brings a wealth of international mining experience, having worked in Australia, Africa and Latin America and has significant knowledge of the capital markets, which we believe will greatly benefit the company.”

46-hole maiden drill program completed

Bryah is a copper-gold-manganese focused explorer with two projects located in central Western Australia, being the 720-square-kilometre Bryah Basin Project and the 202-square-kilometre Gabanintha Project.

The company also holds a one-year option to acquire the historical Horseshoe South Manganese Mine and the manganese mineral rights over a further 154 square kilometres of ground in the Bryah Basin.

During the December quarter the company completed its first drilling program in the Bryah Basin discovering the high-grade gold at the Windalah Prospect.

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Wed, 13 Feb 2019 09:43:00 +1100 https://www.proactiveinvestors.com.au/companies/news/214494/bryah-resources-appoints-ian-stuart-to-vacant-chairman-position-214494.html
<![CDATA[News - Bryah Resources gets boost from partner’s positive PFS result ]]> https://www.proactiveinvestors.com.au/companies/news/211525/bryah-resources-gets-boost-from-partners-positive-pfs-result-211525.html Bryah Resources Ltd (ASX:BYH) owns the rights to minerals including nickel and copper at the Gabanintha Vanadium Project in Western Australia.

Yesterday, Australian Vanadium Ltd (ASX:AVL) revealed a positive pre-feasibility study on the project with a top-end valuation estimate that surpassed US$1.4 billion.

Should the project go ahead and be developed, Bryah stands to gain from the production of any minerals that it owns the rights to.

Most notably, AVL’s the concentrator plant design includes a sulphide flotation circuit which aims to extract minerals that Bryah has the rights to.

READ: Bryah Resources increases inferred base metals resource at Gabanintha

An Inferred base metal JORC resource of 14.3 million tonnes at 666 ppm nickel and 217 ppm copper has been defined at Gabanintha for sulphide-hosted cobalt, nickel and copper.

This is contained exclusively in the fresh massive high-grade magnetite zone (model zone HG10) in Fault Block 20.

An estimated 1,775 tonnes per annum of mixed sulphide concentrate containing 4 to 6% combined cobalt, nickel, and copper will be produced.

AVL to progress to DFS

Positive outcomes and strong vanadium market fundamentals support immediate progression to a definitive feasibility study (DFS).

Further drilling for pilot study is scheduled to commence January 2019.

Bryah to advance from explorer to producer in near-term

Bryah also has a number of other projects in its portfolio located in the Bryah Basin of Western Australia.

These include the Windalah Gold Prospect, the Mount Labouchere Manganese Prospect, and the Horseshoe South Manganese Mine.

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Thu, 20 Dec 2018 09:44:00 +1100 https://www.proactiveinvestors.com.au/companies/news/211525/bryah-resources-gets-boost-from-partners-positive-pfs-result-211525.html
<![CDATA[Media files - Bryah Resources looking to advance from explorer to producer 'in the near term' ]]> https://www.proactiveinvestors.com.au/companies/stocktube/11601/bryah-resources-looking-to-advance-from-explorer-to-producer--in-the-near-term--11601.html Thu, 13 Dec 2018 10:07:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/11601/bryah-resources-looking-to-advance-from-explorer-to-producer--in-the-near-term--11601.html <![CDATA[News - Bryah Resources’ sampling reveals high-grade manganese at Mount Labouchere prospect ]]> https://www.proactiveinvestors.com.au/companies/news/210535/bryah-resources-sampling-reveals-high-grade-manganese-at-mount-labouchere-prospect-210535.html Bryah Resources Ltd (ASX:BYH) has identified high-grade manganese from reconnaissance sampling at the Mount Labouchere prospect within its Bryah Basin Project in central Western Australia.

The Mount Labouchere prospect is located on flat open terrain with excellent access, being within 700 metres of the Ashburton Downs Road.

Notably, seven rock chip samples were collected with three samples recording high-grade manganese over 45%, with the highest value of 51.4% manganese.

In addition, a total of three rock chip samples were collected from an area 500 metres to the north of the recently identified Brumby Creek Prospect.

READ: Bryah Resources identifies high-grade manganese in rock chips at WA project

Laboratory results from one of the samples recorded an outstanding 54.5% manganese, the highest manganese grade reported in sampling by the company this year.

The Mt Labouchere manganese occurrence lies within the Horseshoe Formation and is indicative of channel style manganese deposition, consisting of cemented pisolites and more angular manganese lithics, overlying massive consolidated manganese.

Manganese samples - laboratory results

Although thinly bedded, in the region of 1-2 metres, it has the potential to be a shallow paleochannel deposit and amenable to simple mining.

The identification of high-grade manganese in outcrops within the Horseshoe Formation at Mount Labouchere is considered to be significant as it demonstrates that the whole of the Horseshoe Formation, from the Mudderwearie and Devils Hill prospects in the south-east through to Mount Labouchere in the north-west, is prospective for high-grade manganese mineralisation.

Bryah has tenure over the majority of the Horseshoe Formation, with about 60 line kilometres of this linear feature under its control.

Satellite imagery showing Mount Labouchere Prospect and rock chip sample points

Bryah managing director Neil Marston said: “This year our manganese exploration work has successfully focussed on reconnaissance and sampling across a large part of the Horseshoe Formation.

“As a consequence we are now well set to undertake an extensive shallow drilling programme of several newly identified manganese targets, commencing in early 2019.

“Given our dominant land holding over the Horseshoe Range, Bryah Resources Limited has an excellent opportunity to define shallow economic manganese resources in the near future.”

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Wed, 05 Dec 2018 14:11:00 +1100 https://www.proactiveinvestors.com.au/companies/news/210535/bryah-resources-sampling-reveals-high-grade-manganese-at-mount-labouchere-prospect-210535.html
<![CDATA[News - Bryah Resources increases inferred base metals resource at Gabanintha ]]> https://www.proactiveinvestors.com.au/companies/news/210095/bryah-resources-increases-inferred-base-metals-resource-at-gabanintha-210095.html Bryah Resources Ltd (ASX:BYH) has increased its inferred base metals mineral resource at the Gabanintha Vanadium Project by 14.4%.

The mineral resource now totals 14.3 million tonnes containing 666 ppm nickel, 217 ppm copper and 0.16% sulphur and was revised following a program of 19 reverse circulation (RC) and three diamond drilling holes.

Bryah holds all the rights to minerals at the deposit except vanadium, uranium, cobalt, chromium, titanium, lithium, tantalum, manganese and iron ore, for which Australian Vanadium Ltd (ASX:AVL) retains 100% interest.

The base metal exposure is a result of a mineral rights agreement signed between Bryah and AVL.

Bryah has also received commitments from sophisticated and professional investors for the placement of 3,787,500 fully paid shares and 1,893,750 free attaching listed options exercisable at 30 cents.

The placement will raise about $303,000 before costs and funds will be used to for additional drilling at the Bryah Basin project in Western Australia.

 

READ: Bryah Resources drills more high-grade gold at Windalah

Gabanintha’s inferred mineral resource is considered by AVL to be potentially economically recoverable following metallurgical test work.

AVL has said that the base metal sulphide mineralisation had consistently reported to the non-magnetic fraction during the separation of the vanadium-bearing magnetitie.

This has effectively delivered a sulphide by-product for further concentration by flotation.

AVL is conducting a preliminary feasibility study on the development of Gabanintha’s deposit and says that it intends to undertake further exploration to increase and improve the definition of the base metals resource.

READ: Bryah Resources encounters gold zones up to 27 metres tick at Bryah Basin

Bryah is a copper-gold-manganese-focused exploration company with two projects in Western Australia, the 720-square-kilometre Bryah Basin project and the 202-square-kilometre Gabanintha Vanadium Project.

The Bryah Basin is host to the high-grade copper-gold mines at DeGrussa, discovered by Sandfire Resources NL (ASX:SFR) in 2009, and at Horseshoe Lights which was mined until 1994.

Bryah’s strategy involves using high-resolution geophysics to identify deeper structures and potential mineralised zones and to drill test targets beneath the extent of previous drilling.

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Wed, 28 Nov 2018 02:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/210095/bryah-resources-increases-inferred-base-metals-resource-at-gabanintha-210095.html
<![CDATA[News - Bryah Resources granted trading halt with capital raising news pending ]]> https://www.proactiveinvestors.com.au/companies/news/209877/bryah-resources-granted-trading-halt-with-capital-raising-news-pending-209877.html Bryah Resources Ltd (ASX:BYH) has a capital raising announcement pending and has been granted a trading halt by the ASX.

The halt will remain in place until the start of normal trading on Wednesday, November 28, 2018, or when the announcement is released to the market, whichever occurs earliest.

Bryah’s shares were 9.8 cents at the close of trade last Friday.

READ: Bryah Resources drills more high-grade gold at Windalah

The company last week received further high-grade gold results from the Windalah prospect within the Bryah Basin project in central Western Australia.

Best result was 5 metres at 6.62 g/t gold from 79 metres including 1-metre at 15.05 g/t.

The results followed assays released in mid-October featuring 27 metres featuring 1.43 g/t from 132 metres.

Follow-up drilling at Windalah will be the main priority for the company in its next phase of copper-gold exploration.

Activities underway or being considered include:

- Geological, geochemical and geophysical interpretation and 3D modelling; - Heritage surveys and Program of Works approvals; and - Downhole electromagnetic (DHEM) survey of cased holes at Windalah and Jupiter. READ: Bryah Resources encounters gold zones up to 27 metres thick at Bryah Basin

Bryah Resources is focused on copper-gold-manganese with two projects in central Western Australia - the 720-square-kilometre Bryah Basin project and the 202-square-kilometre Gabanintha project.

In addition, it holds a one-year option to acquire the historical Horseshoe South Manganese Mine and the manganese mineral rights over a further 154 square kilometres of ground in the basin.

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Mon, 26 Nov 2018 14:47:00 +1100 https://www.proactiveinvestors.com.au/companies/news/209877/bryah-resources-granted-trading-halt-with-capital-raising-news-pending-209877.html
<![CDATA[News - Bryah Resources drills more high-grade gold at Windalah ]]> https://www.proactiveinvestors.com.au/companies/news/209719/bryah-resources-drills-more-high-grade-gold-at-windalah-209719.html Bryah Resources Ltd (ASX:BYH) has received further drilling results from its gold discovery at the Windalah Prospect within the Bryah Basin Project in central Western Australia.

Highlights include 5 metres at 6.62 g/t gold from 79 metres including 1-metre at 15.05 g/t gold.

These results follow assays released in mid-October featuring 27 metres featuring 1.43 g/t from 132 metres.

READ: Bryah Resources encounters gold zones up to 27 metres thick at Bryah Basin

Bryah’s managing director Neil Marston said: “These latest results include some significant upgrades on the earlier composite assays at the Windalah Prospect.

“We have intersected intervals exceeding 6 grams per tonne in 2 holes collared 100 metres apart, so the focus now will be to extend this high-grade mineralised horizon, which is open down dip and along strike.

“These gold grades give us great confidence to undertake further drilling in this area. With our growing geological understanding of the area, the Windalah Prospect has, in our opinion, excellent potential."

Follow-up drilling at Windalah a priority

Follow-up drilling at the Windalah Prospect will be the main priority for the company in its next phase of copper-gold exploration
.
Activities underway or under consideration include:

• Geological, geochemical and geophysical interpretation and 3D modelling;
• Heritage surveys and Programme of Works approvals; and
• Downhole electromagnetic (DHEM) survey of cased holes at Windalah and Jupiter.

A copper-gold-manganese focused explorer

Bryah Resources is a copper-gold-manganese focused explorer with two projects in central Western Australia, being the 720-square-kilometre Bryah Basin Project and the 202-square-kilometre Gabanintha Project.

In addition, the company holds a one-year option to acquire the historic Horseshoe South Manganese Mine and the Manganese mineral rights over a further 154 square kilometres of ground in the Bryah Basin.

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Thu, 22 Nov 2018 12:48:00 +1100 https://www.proactiveinvestors.com.au/companies/news/209719/bryah-resources-drills-more-high-grade-gold-at-windalah-209719.html
<![CDATA[Media files - Bryah Resources' drilling increases confidence of a Bryah basin copper-gold discovery ]]> https://www.proactiveinvestors.com.au/companies/stocktube/10879/bryah-resources-drilling-increases-confidence-of-a-bryah-basin-copper-gold-discovery-10879.html Wed, 17 Oct 2018 02:32:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/10879/bryah-resources-drilling-increases-confidence-of-a-bryah-basin-copper-gold-discovery-10879.html <![CDATA[News - Bryah Resources encounters gold zones up to 27 metres thick at Bryah Basin ]]> https://www.proactiveinvestors.com.au/companies/news/207233/bryah-resources-encounters-gold-zones-up-to-27-metres-thick-at-bryah-basin-207233.html Bryah Resources Ltd (ASX:BYH) has returned from a trading halt after receiving broad gold hits in drilling at the Windalah prospect of the Bryah Basin project in central Western Australia.

Thick zones of gold mineralisation of up to 27 metres were recorded in 3-metre composite samples in four reverse circulation (RC) drill holes completed in August.

READ: Bryah Resources expands exploration focus beyond copper-gold to manganese

The aim of the program was to test up to six conductors identified by recent airborne Versatile Time-Domain Electromagnetic (VTEM) and ground Moving Loop Electromagnetic (MLEM) surveys.

Managing director Neil Marston said, “Today we have announced encouraging gold mineralisation has been recorded at the Windalah prospect, in the Bryah Basin.

“This area was identified earlier this year in airborne and ground electromagnetic survey work as having potential for VMS systems.”

READ: Bryah Resources expands exploration focus beyond copper-gold to manganese

Results include:

27 metres at 0.34 g/t gold from 18 metres; 27 metres at 1.43 g/t from 132 metres, including 3 metres at 4.16 g/t from 135 metres and 3 metres at 6.29 g/t from 144 metres;

21 metres at 1.21 g/t from 66 metres, including 6 metres at 3.52 g/t from 78 metres;

12 metres at 0.71 g/t from 21 metres and 9 metres at 0.46 g/t from 42 metres; and

21 metres at 0.14 g/t from 30 metres.

Marston said, “Our exploration strategy, which is centred on a systematic approach to target generation, is now proving its merit.

“With this initial success, we are more confident about further deep drilling in this area as we believe the Windalah prospect has great potential for a future copper-gold discovery.”

Significant pyrite-chlorite plus sericite alteration zone was observed and the gold mineralisation appears open along strike and down dip.

READ: Bryah Resources expands exploration focus beyond copper-gold to manganese

Follow-up activities before the next round of drilling at Windalah prospect are:

Completion of laboratory analyses and reporting;

Down Hole Electromagnetic (DHEM) survey of cased holes; and

Geological, geochemical and geophysical interpretation and 3D modelling.

Heritage surveys and Department of Mines, Industry Regulation and Safety Program of Works approvals will be required for the next round of drilling.

At the Jupiter prospect, 4 kilometres southwest of the Horseshoe Lights copper-gold mine, a drilling program encountered difficult ground conditions and was wound up after seven holes.

Despite the conditions, wet sample recovery and lack of significant gold or copper being recorded, the geology intersected was highly encouraging with zones of propylitic alteration with strong chlorite, sericite and epidote observed.

Follow-up diamond drilling appears warranted as part of future exploration to fully test this conductive area.

Sixteen holes for 1,361 metres have been drilled to test EM conductors identified at Mars 2, Mars 3, Mars 4 and Peak Hill 1.

Laboratory results for these holes are yet to be received.

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Tue, 16 Oct 2018 19:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/207233/bryah-resources-encounters-gold-zones-up-to-27-metres-thick-at-bryah-basin-207233.html
<![CDATA[News - Bryah Resources expects Bryah Basin drilling results, trading halt granted ]]> https://www.proactiveinvestors.com.au/companies/news/207034/bryah-resources-expects-bryah-basin-drilling-results-trading-halt-granted-207034.html Bryah Resources Ltd (ASX:BYH) is expecting drilling results from its Bryah Basin project in Western Australia and has been granted a trading halt by the ASX.

The halt will remain in place until the start of normal trading on Wednesday, October 17, or when an announcement is released to the market, whichever occurs earliest.

At market close on Friday, Bryah shares were trading at 10 cents.

READ: Bryah Resources expands exploration focus beyond copper-gold to manganese

The company has expanded its exploration focus in the Bryah Basin to include manganese as well as its traditional focus of copper-gold.

Recent field work has established the potential for new zones of high-grade manganese ore to be defined with shallow drilling, which is due to begin by the end of the year.

Bryah’s aim is to define sufficient manganese resources so that development of new manganese mining operations can be considered in the near-term.

Historical manganese production

High-grade manganese production from the Bryah Basin, mainly in the 1940-1960s, is well documented, but limited exploration work has been recorded to date.

Bryah’s manganese exploration began in March 2018 with reconnaissance sampling and mapping.

Numerous rock chip samples were collected from previously mined areas as well as new and/or under-explored locations.

Assay results confirm the presence of in-situ high-grade manganese at several locations which will be the focus of follow-up exploration.

As part of this new exploration strategy, Bryah has executed option agreements to purchase the mining lease covering the historical Horseshoe South Manganese Mine.

READ: Bryah Resources drills sulphides at Jupiter prospect

The company is also continuing with exploration of copper-gold prospects in the Bryah Basin project and in August began deep reverse circulation drilling at the Aquarius prospect.

This followed the start of drilling at the Jupiter prospect at which the first hole intersected a 13-metre wide sulphide rich zone from 224 metres depth.

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Mon, 15 Oct 2018 14:26:00 +1100 https://www.proactiveinvestors.com.au/companies/news/207034/bryah-resources-expects-bryah-basin-drilling-results-trading-halt-granted-207034.html
<![CDATA[News - Bryah Resources expands exploration focus beyond copper-gold to manganese ]]> https://www.proactiveinvestors.com.au/companies/news/206172/bryah-resources-expands-exploration-focus-beyond-copper-gold-to-manganese-206172.html Bryah Resources Ltd (ASX:BYH) is expanding its exploration focus in the Bryah Basin in Western Australia beyond copper-gold to manganese.

Recent field work by Bryah has established the potential for new zones of high-grade manganese ore to be defined with shallow drilling, which the company is due to commence this year.

The company’s aim is to define sufficient manganese resources on its tenements so that development of new manganese mining operations can be considered in the near term.

 

Whilst high-grade manganese production from the Bryah Basin, mainly in the 1940-1960’s, has been well documented, only limited exploration work has been recorded to date.

Bryah’s Manganese exploration commenced in March 2018 with reconnaissance sampling and mapping.

Numerous rock chip samples were collected from previously mined areas as well as new and/or under-explored locations.

READ: Bryah Resources identifies high-grade manganese in rock chips at WA project

Laboratory assays for rock chip samples collected from numerous locations have been received with the best rock chip assays reported being:

• Black Hill Prospect - 52.1%, 49.5% and 48.2% manganese;
• Black Caviar Prospect- 49.1%, 48.5% and 44.1% manganese;
• Brumby Creek Prospect - 5 samples assayed above 40% manganese, including a value of 48.5% manganese;
• Mudderwearie Mine - 50.9% and 47.7% manganese, and
• Devils Hill Prospect - 42.1% and 41.0% manganese.

The assay results confirm the presence of in-situ high-grade manganese at several locations which will be the focus of follow-up exploration, including drilling.

READ: Bryah Resources eyes near-term manganese production opportunity

As part of the manganese exploration strategy, Bryah has executed option agreements to purchase the mining lease covering the historical Horseshoe South Manganese Mine.

Horseshoe South Manganese Mine was the largest manganese mine in the Bryah Basin producing about one million tonnes of manganese ore.

Notably, high-grade manganese of up to 48.8% manganese was recorded in recent rock chip sampling within the mining lease.

Horseshoe South Manganese Mine showing some of the manganiferous stockpiles

Several stockpiles of coarse and fine manganiferous material remain on site.

The coarse stockpile has been reported to be 65,000 cubic metres in volume and the fine stockpiles are reported as about 150,000 cubic metres in total volume.

Bryah has been undertaking ore sorting and other test work on samples collected from the stockpiles to establish whether the stockpiles can be upgraded to produce a saleable product.

The company has engaged a consultant who has extensive experience in modern ore sorting technology to supervise this test work.

READ: Bryah Resources commences copper gold drilling campaign

In August 2018, Bryah commenced deep reverse circulation (RC) drilling at its Aquarius Copper-Gold prospect within the Bryah Basin Project.

The company has secured $150,000 in funding from the Western Australian Government under the Exploration Incentive Scheme to drill test the copper-gold exploration targets.

As a result of 18 months of target preparation work, six anomalies have been identified to date that warrant drill testing.

Drilling commenced at the Jupiter electromagnetic anomaly in August 2018.

Drilling at the Jupiter prospect

Significantly, the company has already has intersected a sulphide-rich zone in its first deep drill hole at the Jupiter prospect.

The first hole, BBC007, intersected a 13-metre wide sulphide rich zone from 224 metres depth.

Emerging new applications for manganese

Globally, manganese is the fourth most used mineral commodity with demand dominated by steel manufacturers, where over 90% of all manganese is used.

Emerging new applications for manganese in batteries and energy storage are seen as exciting opportunities that have the potential to diversify and strengthen the manganese market in the years ahead.

READ: Bryah Resources leveraged to economic nickel and copper resource at Gabanintha ]]>
Tue, 02 Oct 2018 17:31:00 +1000 https://www.proactiveinvestors.com.au/companies/news/206172/bryah-resources-expands-exploration-focus-beyond-copper-gold-to-manganese-206172.html
<![CDATA[News - Bryah Resources drills sulphides at Jupiter prospect ]]> https://www.proactiveinvestors.com.au/companies/news/203608/bryah-resources-drills-sulphides-at-jupiter-prospect-203608.html Bryah Resources Ltd (ASX:BYH) has intersected a sulphide-rich zone in its first deep drill hole at the Jupiter prospect within the Aquarius Project in central Western Australia.

Reverse circulation (RC) drilling commenced earlier this month at Jupiter to test six conductor targets.

The first hole, BBC007, intersected a 13-metre wide sulphide rich zone from 224 metres depth, as per the conductor target.

READ: Bryah Resources identifies high-grade manganese in rock chips at WA project

Bryah Resources’ managing director Neil Marston said: “This week we have hit sulphides during our first deep RC drilling program.

“This is significant because – thanks to airborne and ground electromagnetic survey work done earlier this year – this is exactly where our team said the sulphides could be.

“With the success of this first hole, we feel a lot more confident about drilling further targets that are also based on the same survey work.

“The lab results of BBC007 will be soon available to confirm the potential of this intersection.”

Drilling continues

The drill rig has been moved to the Mars 1 electromagnetic (EM) target and has commenced drilling the first 300-metre deep hole.

The early results at Jupiter provide confidence to drill the five other EM anomalies recently identified by the various geophysical surveys.

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Mon, 27 Aug 2018 12:05:00 +1000 https://www.proactiveinvestors.com.au/companies/news/203608/bryah-resources-drills-sulphides-at-jupiter-prospect-203608.html
<![CDATA[News - Bryah Resources identifies high-grade manganese in rock chips at WA project ]]> https://www.proactiveinvestors.com.au/companies/news/203013/bryah-resources-identifies-high-grade-manganese-in-rock-chips-at-wa-project-203013.html Bryah Resources Ltd (ASX:BYH) has identified high-grade manganese during reconnaissance mapping and sampling at its Bryah Basin project in central Western Australia.

The company recently expanded its copper-gold exploration program to include manganese and identified significant outcropping zones, which have collectively been dubbed Brumby Creek.

Reconnaissance work was undertaken with the aim of delineating these outcrops and generating targets for follow-up exploration and drilling.

A total of 19 rock chip samples were analysed, with five samples assaying above 40% manganese, including a high of 48.5%.

A further 12 samples assayed between 30-40%, making Brumby Creek comparable to the nearby Black Hill and Black Caviar prospects, where rock chips have recorded grades up to 50% manganese.

 

Bryah managing director Neil Marston said the latest results highlighted the benefits of having geologists methodically walking the ground and sampling.

He said: “The scale and manganese grades recorded from the Brumby Creek prospect are outstanding in our opinion, so it will be a priority target for follow-up work including drilling.

“We also look forward to testing the various other surface targets identified by our geological team with a program of shallow drill holes in the coming months.”

Conductive zone identified

Bryah has conducted an airborne versatile time-domain electromagnetic (VTEM) survey, which identified an area with a conductive anomaly response at Brumby Creek.

The conductive zone is interpreted to be caused by geologically young scree deposits, which have potential for containing detrital manganese style mineralisation down-slope from outcropping manganese occurrences.

These deposits sit along the edge of a more conductive paleochannel to the west.

  READ: Bryah Resources commences copper gold drilling campaign

A drilling program to test this conductive anomaly has been approved by the Department of Mines, Industry Regulation and Safety,

The department has also approved work approvals and site heritage clearances for drilling at Black Hill, Black Caviar, Devils Hill and parts of Brumby Creek.

Remaining approvals for parts of Brumby Creek are pending, including for the main manganese outcrop.

Drilling activities will begin once access approvals and all logistics and contracts have been finalised.

READ: Bryah Resources eyes near-term manganese production opportunity

Brumby Creek lies within the Horseshoe Formation, which is a garnetiferous banded iron formation.

Relatively high manganese contents are inferred from the abundant manganese oxide staining in weathered and lateric rocks.

Lateric manganese ore has been mined at the nearby Horseshoe South and Mount Padbury Mines.

READ: Bryah Resources leveraged to economic nickel and copper resource at Gabanintha

Manganese outcrops have been mapped over a strike length of 2-kilometres along the western and southern slops of, and parallel to, the top of the Horseshoe Range.

The largest area of outcropping manganese identified occurs at the northern end of this strike and covers an area over 100 metres wide and 250 metres long.

Bryah considers this area of outcropping manganese to represent an outstanding untested drill target.

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Wed, 15 Aug 2018 23:27:00 +1000 https://www.proactiveinvestors.com.au/companies/news/203013/bryah-resources-identifies-high-grade-manganese-in-rock-chips-at-wa-project-203013.html
<![CDATA[News - Bryah Resources commences copper gold drilling campaign ]]> https://www.proactiveinvestors.com.au/companies/news/202431/bryah-resources-commences-copper-gold-drilling-campaign-202431.html Bryah Resources Ltd (ASX:BYH) has commenced deep reverse circulation (RC) drilling at its Aquarius Copper-Gold prospect within the Bryah Basin Project in central Western Australia.

Drilling is the result of 18 months of target preparation work, which involved aeromagnetic and radiometric surveying, mapping, sampling, and multiple electromagnetic (EM) surveys.

Bryah’s managing director Neil Marston said: “This is a key milestone in our exploration strategy as we undertake the first deep drilling program at these significant targets within the Aquarius copper-gold project.”

READ: Bryah Resources eyes near-term manganese production opportunity

The recent moving loop EM survey tested six high-priority EM anomalies named Jupiter, Mars 1, Mars 2, Mars 3, Peak Hill 1 and Peak Hill 2.

The 5,000-metre drill program will test Jupiter, Mars 1, Mars 2 and Mars 3.

Notably, parts of the drill program will be co-funded under the Western Australia State Government’s exploration incentive scheme.

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Wed, 08 Aug 2018 12:54:00 +1000 https://www.proactiveinvestors.com.au/companies/news/202431/bryah-resources-commences-copper-gold-drilling-campaign-202431.html
<![CDATA[News - Bryah Resources eyes near-term manganese production opportunity ]]> https://www.proactiveinvestors.com.au/companies/news/201273/bryah-resources-eyes-near-term-manganese-production-opportunity-201273.html Bryah Resources Ltd (ASX:BYH) is assessing development options for the Horseshoe South Manganese Mine in Western Australia.

The company has locked in an exclusive one-year option to purchase the mining lease covering the historical mine and a further 154 square kilometres of manganese exploration rights in the Bryah Basin.

Bryah’s managing director Neil Marston said: “The Horseshoe South Manganese Mine has been the largest manganese mine in the Bryah Basin, producing about 1 million tonnes of manganese ore, and we believe that there is potential to breathe life back into the old mine.”

Horseshoe South Manganese Mine was the largest manganese mine in the Bryah Basin producing about one million tonnes of manganese ore.

Notably, high-grade manganese of up to 48.8% manganese was recorded in recent rock chip sampling within the mining lease.

Manganese stockpiles offer early production pathway

215,000 cubic metres of manganese stockpiles are reported to remain on site at the historical mine site.

Ore sorting test work on the manganese stockpiles has commenced with positive initial results.

A detailed surveying, sampling and metallurgical test work program focused on the stockpiles is to commence.

The aim will be to establish the opportunity to upgrade the stockpiles to a saleable manganese product.

Trials on the stockpiles to commence

Marston added: “High-grade manganese up to 48% manganese was recorded in recent outcrop sampling at the mine and 215,000m\ cubic metres of manganese stockpiles are reported to remain on site; which we are currently testing.

“Historical test work on the stockpiles reported that a reasonable amount of manganese product grading 34% could be produced by screening the finer material.

“We are about to complete some trials, including using modern ore sorting technology, to verify these earlier results in the coming weeks.”

Multiple drilling programs planned

A program of exploration including drilling of manganese targets is being planned and will commence once all permitting and site clearances have been obtained.

Additionally, reverse circulation drilling at the Aquarius Copper-Gold Project will be commencing shortly.

READ: Bryah Resources identifies two manganese prospects at Bryah Basin Project

The option includes a further 154 square kilometres of manganese exploration rights to adjoining ground in the Bryah Basin, near Meekatharra, in Western Australia.

Marston added: “On our 100% owned adjoining ground we have recently identified several new manganese prospects at Black Hill, Black Caviar and Devils Hill.

“None of these new areas have been adequately evaluated so the exploration team have been charged with drill testing them over the coming months.

“We are aiming at creating a pipeline of new deposits which could sustain manganese mining operations over several years.”

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Mon, 23 Jul 2018 09:38:00 +1000 https://www.proactiveinvestors.com.au/companies/news/201273/bryah-resources-eyes-near-term-manganese-production-opportunity-201273.html
<![CDATA[News - Bryah Resources leveraged to economic nickel and copper resource at Gabanintha ]]> https://www.proactiveinvestors.com.au/companies/news/200243/bryah-resources-leveraged-to-economic-nickel-and-copper-resource-at-gabanintha-200243.html Bryah Resources Ltd (ASX:BYH) is leveraged to the nickel and copper component of the resource estimate for the Gabanintha Vanadium Project in central Western Australia.

The inferred estimate of 12.5 million tonnes at 659ppm nickel and 222ppm copper was reported on Thursday by Australian Vanadium Ltd (ASX:AVL).

Bryah holds the rights to all minerals except vanadium, uranium, cobalt, chromium, titanium, lithium, tantalum, manganese and iron ore with these held by AVL.

READ: Australian Vanadium updates vanadium JORC estimate to include cobalt, nickel and copper

The maiden base metal sulphide resource is considered by AVL to be potentially economically recoverable following metallurgical test work.

Tests demonstrate that the base metal sulphide mineralisation consistently reports to the non-magnetic fraction during the separation of the vanadium-bearing magnetite.

READ: Bryah Resources leveraged to base metal recovery tests from AVL’s vanadium project

This has effectively delivered a sulphide by-product for further concentration by flotation.

Estimation of nickel and copper content, along with cobalt, follows bench-scale test work and generation of sulphide flotation concentrates containing 3.8%–6.3% base metals.

This included 1.36%–2.58% nickel, 0.82%–1.70% copper and 1.54% – 2.02% cobalt,

 

AVL is undertaking a preliminary feasibility study on development of the Gabanintha vanadium deposit.

Two exploration projects

Bryah is a copper-gold-manganese focused explorer with two projects in Western Australia - the 718 square kilometre Bryah Basin project and the 202 square kilometre Gabanintha project.

Gabanintha is about 40 kilometres south of the town of Meekatharra.

The Bryah Basin is host to the high-grade copper-gold mines at DeGrussa, discovered by Sandfire Resources NL in 2009, and Horseshoe Lights, which was mined up until 1994.

Active and historical mines close to the Gabanintha tenements include the Gabanintha, Burnakura and Bluebird gold mines.

Open pit mining by Dominion Mining at Gabanintha between 1987 and 1991 is reported to have produced around 150,000 ounces of gold from six pits mined to a maximum depth of about 65 metres.

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Fri, 06 Jul 2018 09:06:00 +1000 https://www.proactiveinvestors.com.au/companies/news/200243/bryah-resources-leveraged-to-economic-nickel-and-copper-resource-at-gabanintha-200243.html
<![CDATA[Media files - 'Investors need to keep us on their watchlists over next few months' - Bryah Resources ]]> https://www.proactiveinvestors.com.au/companies/stocktube/9776/-investors-need-to-keep-us-on-their-watchlists-over-next-few-months-bryah-resources-9776.html Thu, 05 Jul 2018 18:59:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/9776/-investors-need-to-keep-us-on-their-watchlists-over-next-few-months-bryah-resources-9776.html <![CDATA[News - Bryah Resources identifies two manganese prospects at Bryah Basin Project ]]> https://www.proactiveinvestors.com.au/companies/news/200151/bryah-resources-identifies-two-manganese-prospects-at-bryah-basin-project-200151.html Bryah Resources Ltd (ASX:BYH) has received significant manganese results from a sampling program at two new prospects within its Bryah Basin Project in central Western Australia.

At the Black Caviar prospect, the results from a total of four samples collected were 49.1%, 48.5%, 44.1% and 41.6% manganese.

At the Devils Hill prospect, the best assays recorded were 42.1% and 41.0% manganese from 13 samples collected over a significant area.

Outcropping and scree manganese at the Devils Hill prospect

Significantly, outcropping manganese mineralisation at Devils Hill has been mapped over a length of at least 600 metres and represents the largest unmined manganiferous area identified by Bryah to date.

The drilling of Devils Hill, Black Caviar and Black Hill prospects will commence following the receipt of works approvals and site clearances.

READ: Bryah Resources expands survey ahead of drilling at Bryah Basin project

Bryah’s ground-based Moving Loop Electromagnetic (MLEM) survey over six high priority copper-gold target areas has been completed.

The survey has successfully confirmed the presence of conductors in all six locations.

Conductor plate modelling is underway and should be completed next week. Final drill hole collar locations will be identified from the conductor plate modelling.

Follow-up exploration activities

An exploration team will return to the site shortly to undertake the following activities:

• Site preparation ahead of drilling of copper-gold targets at the Aquarius Project area;
• Additional reconnaissance, mapping and sampling of manganese exploration targets; and
• Continuation of a soil geochemistry survey over a large portion of Bryah’s tenement package, which will assist in the exploration for copper-gold and manganese deposits.

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Thu, 05 Jul 2018 11:27:00 +1000 https://www.proactiveinvestors.com.au/companies/news/200151/bryah-resources-identifies-two-manganese-prospects-at-bryah-basin-project-200151.html
<![CDATA[News - Bryah Resources expands survey ahead of drilling at Bryah Basin project ]]> https://www.proactiveinvestors.com.au/companies/news/199834/bryah-resources-expands-survey-ahead-of-drilling-at-bryah-basin-project-199834.html Bryah Resources Ltd (ASX:BYH) has expanded a geophysical survey ahead of drilling next month at its Bryah Basin project in central Western Australia.

A Moving Loop Electromagnetic (MLEM) survey has been expanded to encompass six sites after successful results were received from three high-priority EM anomalies.

The aim is to better define the depth and orientation of anomalies detected by a recent helicopter-borne Versatile Time-Domain Electromagnetic (VTEM) geophysical survey.

READ: Bryah Resources commences second survey ahead of deep drilling

Three anomalies identified from VTEM data - Jupiter, Mars 1 and Peak Hill 1 – have been successfully detected by the ground MLEM survey.

Conductor plate modelling of these anomalies is underway and will be finalised in the coming days.

Bryah Basin EM anomalies covered by the MLEM survey.

Ongoing interpretation of the VTEM data has enabled Bryah to identify another significant EM anomaly south of the Mudderwearie manganese mine.

Three new anomalies

The Peak Hill 2 anomaly has also been tested with a single MLEM traverse with a conductive response confirmed.

In addition, the Mars 2 and Mars 3 EM anomalies have been added to the MLEM program and these will be completed in the coming days.

These occur in areas that coincide with Volcanogenic Massive Sulphide (VMS) pathfinder minerals identified in recently collected surface samples.

 

The Jupiter and Mars 1, 2 and 3 anomalies lie close to or within the same stratigraphic zone as the nearby Horseshoe Lights VMS copper-gold mine.

Final MLEM results and information from conductor plate modelling will be used to define exact drill hole collar positions.

READ: Bryah Resources secures government funding to drill key gold prospect

Bryah has received Program of Works approval from the Department of Mines, Industry Regulation and Safety for its planned drilling of the Jupiter and Mars anomalies.

It has also received formal confirmation of clearance to begin work following the recently completed heritage survey undertaken by the Traditional Owners from the Yulga Jinna Community.

With these arrangements in place, the company intends to begin drilling as soon as possible in July.

Drilling at Jupiter and Mars will be co-funded with up to $150,000 from the Western Australian State Government under its Exploration Incentive Scheme.

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Fri, 29 Jun 2018 12:23:00 +1000 https://www.proactiveinvestors.com.au/companies/news/199834/bryah-resources-expands-survey-ahead-of-drilling-at-bryah-basin-project-199834.html
<![CDATA[News - Bryah Resources commences second survey ahead of deep drilling ]]> https://www.proactiveinvestors.com.au/companies/news/198740/bryah-resources-commences-second-survey-ahead-of-deep-drilling-198740.html Bryah Resources Ltd (ASX:BYH) has commenced a moving loop electromagnetic (MLEM) survey at its Bryah Basin Project in central Western Australia.

The new survey will test three electromagnetic (EM) anomalies identified by a recent different type of EM survey.

The aim of the MLEM survey is to better define the depth and orientation of the anomalies detected by the recent VTEM survey.

Deep drilling planned for July

The MLEM survey will likely take two weeks to complete and be followed by deep drilling of these targets planned to commence in July 2018.

READ: Bryah Resources in a sweet spot as it focuses on copper-gold and manganese

Of the three anomalies to be tested, two are located within altered Narracoota Formation rocks, host to a number of historical and operations mines.

The other EM anomaly is located about seven kilometres north of the Peak Hill Gold Mine within the prospective Narracoota Formation.

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Wed, 13 Jun 2018 10:13:00 +1000 https://www.proactiveinvestors.com.au/companies/news/198740/bryah-resources-commences-second-survey-ahead-of-deep-drilling-198740.html
<![CDATA[News - Bryah Resources secures government funding to drill key gold prospect ]]> https://www.proactiveinvestors.com.au/companies/news/197878/bryah-resources-secures-government-funding-to-drill-key-gold-prospect-197878.html Bryah Resources Ltd (ASX:BYH) will receive government co-funding of up to $150,000 for a reverse circulation drilling program at its Bryah Basin Project in Western Australia.

Drilling will be targeted at the Aquarius copper-gold prospect and comprise 24 holes over 4800 metres to test several high priority targets identified from a Versatile Time-Domain Electromagnetic geophysical survey.

The survey was undertaken to identify conductors which potentially could be volcanogenic massive sulphide copper-gold deposits similar to that found at the nearby Horseshoe Lights Copper-Gold Mine.

Potential of the Bryah Basin

The Bryah Basin is host to the high-grade copper-gold mines at DeGrussa, discovered by Sandfire Resources NL in 2009, and at Horseshoe Lights, which was mined up until 1994.

The basin has a history of high-grade +40% manganese mines and several current mines.

Manganese exposure for Bryah Resources

The Bryah Basin Project also hosts manganese potential, with the company's exploration to focus on finding economic resources amenable to short-term production within project area.

WATCH: Bryah Resources looks at getting into manganese production at Bryah Basin

The manganese exploration complements the company’s active copper-gold strategy in a multi-commodity mineral province.

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Wed, 30 May 2018 12:21:00 +1000 https://www.proactiveinvestors.com.au/companies/news/197878/bryah-resources-secures-government-funding-to-drill-key-gold-prospect-197878.html
<![CDATA[News - Bryah Resources leveraged to base metal recovery tests from AVL’s vanadium project ]]> https://www.proactiveinvestors.com.au/companies/news/197416/bryah-resources-leveraged-to-base-metal-recovery-tests-from-avls-vanadium-project-197416.html Bryah Resources Ltd (ASX:BYH) is leveraged to test results from Australian Vanadium Ltd’s (ASX:AVL) Gabanintha Vanadium Project which demonstrate a potential by-product containing nickel, copper and cobalt.

Test work on fresh high-grade massive magnetite from the project in Western Australia has resulted in the saleable recovery of these metals from non-magnetic stream.

Rights to nickel and copper

Bryah holds the rights to nickel, copper and gold recovered from any Gabanintha production and shares increased almost 7% to 15.5 cents on AVL’s news.

Sulphide concentrates produced from flotation contain up to 6.3% base metals, including 1.36 to 2.58% nickel, 0.82 to 1.70% copper and 1.54 to 2.02% cobalt.

Assessing sulphide recovery circuit

A sulphide recovery circuit will now be evaluated as part of the pre-feasibility study (PFS) processing flowsheet for the Gabanintha project.

AVL is preparing a mineral resource update, which will include sulphur and base metals.

This will allow these components to be included in the pit-optimisation and PFS studies, which are underway.

Sale of a by-product cobalt, nickel and copper sulphide concentrate has potential to increase revenue for both companies from the project.

READ: Bryah Resources’ sampling reveals further high-grade manganese at Black Hill

The Gabanintha project is south of the Bryah Basin project where Bryah is focused on manganese as well as copper-gold.

Bryah recently secured an exclusive one-year option to purchase the mining lease covering the historical Horseshoe South Manganese Mine near the Bryah Basin project.

The mine was the largest manganese mine in the Bryah Basin and is about 1-kilometre north of the Horseshoe Flats Manganese Mine which began production in 2017.

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Tue, 22 May 2018 13:44:00 +1000 https://www.proactiveinvestors.com.au/companies/news/197416/bryah-resources-leveraged-to-base-metal-recovery-tests-from-avls-vanadium-project-197416.html
<![CDATA[News - Bryah Resources’ sampling reveals further high-grade manganese at Black Hill ]]> https://www.proactiveinvestors.com.au/companies/news/196866/bryah-resources-sampling-reveals-further-high-grade-manganese-at-black-hill-196866.html Bryah Resources Ltd (ASX:BYH) has recovered high-grade surficial manganese from the latest round of rock chip sampling at the Black Hill Prospect within its Bryah Basin Project in central Western Australia.

The best assay results were 48.20% and 42.23% manganese recorded from two samples collected from the top of Black Hill, a manganese capped mesa where a previous sample recorded 49.5% manganese.

On the flats surrounding the Black Hill mesa, two samples recorded 46.92% and 32.19% manganese.

Drilling program to follow

The high-grade manganese results are consistent with earlier rock chip sampling at the mesa cap and on the surrounding flats at the Black Hills Prospect.

However, drilling is required to test the extent and manganese grades at depth.

Therefore, Bryah is planning to drill test the Black Hill Prospect as soon as possible following receipt of the necessary site clearances.

READ: Bryah Resources secures option over historical mine as manganese price outlook remains strong

Earlier this month, Bryah secured an exclusive one-year option to purchase the mining lease covering the historical Horseshoe South Manganese Mine near the Bryah Basin Project.

The Horseshoe South Manganese Mine was the largest manganese mine in the Bryah Basin and is located about one kilometre north of the Horseshoe Flats Manganese Mine which commenced production in 2017.

The Horseshoe South Manganese mine has historically produced about 1 million tonnes of mid to high-grade manganese ore.

The most recent mining occurred between 2008 and 2011 when Mineral Resources (ASX:MIN) extracted 400,000 tonnes of manganese ore.

International Manganese Institute membership

Last week, Bryah was accepted as a member of the International Manganese Institute (IMnI), a not-for-profit industry association that represents manganese producers and other manganese-related organisations.

The IMnI membership is expected to provide Bryah with a valuable network of market participants and knowledge as it embarks on its manganese strategy.

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Mon, 14 May 2018 11:21:00 +1000 https://www.proactiveinvestors.com.au/companies/news/196866/bryah-resources-sampling-reveals-further-high-grade-manganese-at-black-hill-196866.html
<![CDATA[News - Bryah Resources managing director shows confidence in manganese strategy with on-market purchase ]]> https://www.proactiveinvestors.com.au/companies/news/196787/bryah-resources-managing-director-shows-confidence-in-manganese-strategy-with-on-market-purchase-196787.html Bryah Resources Ltd (ASX:BYH) managing director Neil Marston has demonstrated his confidence in the company’s new manganese focus by acquiring shares on-market.

Marston has acquired a further 200,000 shares valued at almost $30,000.

This takes the total number of shares to 5.45 million held by three indirect interests associated with the managing director.

READ: Bryah Resources in a sweet spot as it focuses on copper-gold and manganese

Bryah has extended its exploration strategy to include manganese as well as existing copper-gold prospects.

Marston said in a recent interview with Proactive Investors: “The Bryah Basin is also world-renowned for historical manganese production.

 

 

“We’ve branched our exploration strategy out to address the manganese opportunity and we've been progressing that pretty well in the last few months.

“We announced a deal we've been working on for about a month or so now to acquire the historical Horseshoe South Manganese Mine.

“That, combined with the extra 150-odd square kilometres of ground adjoining that, pretty much gives us the whole of the prospective horizon for manganese deposits in the area for us to evaluate.”

READ: Bryah Resources secures option over historical mine as manganese price outlook remains strong

He was referring to the company recently securing an exclusive one-year option to purchase the mining lease covering the historical mine near Meekatharra in Western Australia.

Bryah has also secured the manganese exploration rights to a further 154 square kilometres of adjoining ground in the Bryah Basin.

Manganese production history

Horseshoe South mine was the largest manganese mine in the Bryah Basin has historically produced about 1 million tonnes of mid to high-grade manganese ore.

It is about 1 kilometre from the Horseshoe Flats Manganese Mine at which an unlisted operator began production in 2017.

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Fri, 11 May 2018 11:20:00 +1000 https://www.proactiveinvestors.com.au/companies/news/196787/bryah-resources-managing-director-shows-confidence-in-manganese-strategy-with-on-market-purchase-196787.html
<![CDATA[Media files - Bryah Resources looks at getting into manganese production at Bryah Basin ]]> https://www.proactiveinvestors.com.au/companies/stocktube/9225/bryah-resources-looks-at-getting-into-manganese-production-at-bryah-basin-9225.html Wed, 09 May 2018 09:00:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/9225/bryah-resources-looks-at-getting-into-manganese-production-at-bryah-basin-9225.html <![CDATA[News - Bryah Resources secures option over historical mine as manganese price outlook remains strong ]]> https://www.proactiveinvestors.com.au/companies/news/196461/bryah-resources-secures-option-over-historical-mine-as-manganese-price-outlook-remains-strong-196461.html Bryah Resources Ltd  (ASX:BYH) has secured an exclusive one-year option to purchase the mining lease covering the historical Horseshoe South Manganese Mine near Meekatharra in Western Australia.

The company has also secured the manganese exploration rights to a further 154 square kilometres of adjoining ground in the Bryah Basin.

Last week, Bryah’s share price jumped 30% following high-grade rock chip results from the Bryah Basin project

READ: Bryah Resources assays 52% manganese in rock chip sample, drilling planned

Bryah managing director Neil Marston said: “This is a very exciting opportunity and corporate milestone for the company, as the additional ground is highly prospective for shallow manganese deposits and has an excellent production history.

“Our review of historical data has only just begun but we are seeing exciting opportunities already, so we intend to move quickly to do the necessary exploration and testwork to confirm,”

Background

The Horseshoe South Manganese Mine was the largest manganese mine in the Bryah Basin and is located about 1 kilometre north of the Horseshoe Flats Manganese Mine which commenced production in 2017.

The Horseshoe South Manganese mine has historically produced about 1 million tonnes of mid to high-grade manganese ore.

The most recent mining occurred between 2008 and 2011 when Mineral Resources (ASX:MIN) extracted 400,000 tonnes of manganese ore.

With this acquisition, Bryah has secured over 15 kilometres of the same stratigraphic horizon which hosts the Horseshoe Flats deposit.

Manganese Potential

Manganese is used in steel production and as a battery component, notably in electric vehicles. It is largely regarded as a battery metal and the price outlook is strong.

Whilst there has been no further mining at the Horseshoe South mine since 2011, the mining lease is prospective for discoveries like the Horseshoe Flats manganese deposit, which was discovered by shallow drilling in 2010.

Remnant stockpiles

There are coarse and fine sub-grade manganese stockpiles remaining on site. The coarse stockpile is about 65,000 cubic metres in volume and the fines stockpile is about 150,000 cubic metres.

Part of the Horseshoe South Mine coarse sub-grade manganese stockpile

Bryah will evaluate these remnant stockpiles to see if simple beneficiation techniques and/or modern ore sorting methods can be used to produce saleable products.

READ: Bryah Resources in a sweet spot as it focuses on copper-gold and manganese

Bryah is embarking on a detailed exploration and evaluation program which will include stockpile sampling, metallurgical testwork, ground mapping, sampling, trenching and drilling.

Meanwhile, exploration of the company’s copper-gold targets within the Bryah Basin will continue in parallel with these activities.

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Mon, 07 May 2018 11:34:00 +1000 https://www.proactiveinvestors.com.au/companies/news/196461/bryah-resources-secures-option-over-historical-mine-as-manganese-price-outlook-remains-strong-196461.html
<![CDATA[News - Bryah Resources assays 52% manganese in rock chip sample, drilling planned ]]> https://www.proactiveinvestors.com.au/companies/news/196294/bryah-resources-assays-52-manganese-in-rock-chip-sample-drilling-planned-196294.html Bryah Resources Ltd (ASX:BYH) has received assays from 10 rock chip samples taken from Black Hill and Mudderwearie within the Bryah Basin Project in central Western Australia.

Grades reached as high as 52.12% manganese at Black Hill and 50.88% at the historical Mudderwearie manganese mine.

Further rock chip sample results due in the next two weeks.

Shares jumped 30% to 13 cents in early trade.

Drilling of the two prospects is to commence following the receipt of necessary approvals.

Early cash flow through shallow high-grade manganese

The company’s strategy now includes exploration for shallow high-grade manganese resources which may be exploited to provide an early cash flow.

The Bryah Basin is well known for hosting a number of historical manganese mining areas.

The majority of mining activities are known to have occurred during the period 1948 to 1967 with manganese production grades above 40% manganese reported.

Manganese mining is presently occurring on ground adjoining the company’s tenements at the Horseshoe Flats mine.

READ: Bryah Resources in a sweet spot as it focuses on copper-gold and manganese

At the historical Mudderwearie mine there are two open excavated areas with some stockpiled material on site.

The Black Hill prospect is dominated by a manganese capped mesa.

Survey results due in late May

Both the northern and southern anomalous areas have been covered by the recently completed VTEM-Max electromagnetic (EM) geophysical survey.

This type of survey is a useful exploration tool for identifying buried manganese deposits. 

Results are due in late May 2018.

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Thu, 03 May 2018 10:35:00 +1000 https://www.proactiveinvestors.com.au/companies/news/196294/bryah-resources-assays-52-manganese-in-rock-chip-sample-drilling-planned-196294.html
<![CDATA[News - Bryah Resources in a sweet spot as it focuses on copper-gold and manganese ]]> https://www.proactiveinvestors.com.au/companies/news/194716/bryah-resources-in-a-sweet-spot-as-it-focuses-on-copper-gold-and-manganese-194716.html Bryah Resources Ltd (ASX:BYH) is a copper-gold and manganese focused explorer with two projects in central Western Australia.

The Bryah Basin project covers about 700 square kilometres and is host to the high-grade copper-gold mines at DeGrussa, discovered by Sandfire Resources NL in 2009.

The high-grade long-life DeGrussa and adjacent Monty mines have a combined resource of 9.5 million tonnes at 3.9% copper, 1.4 g/t gold and 19 g/t silver.

This equates to 372,000 tonnes of contained copper, 439,000 ounces of contained gold and 5.9 million ounces of contained silver.

The Bryah Basin also has several historical and current manganese mines, which fit with the company’s strategy of focusing on copper, gold and manganese.

Focusing on gold and copper at Gabanintha

Bryah’s other asset lies within the Gabanintha project where Australian Vanadium Ltd (ASX:AVL) has the rights to minerals such as vanadium, cobalt, lithium and manganese.

The company’s focus at that project is gold and copper, and the company received some promising assay results in March from drilling at the Tumblegum South prospect.

Bryah's Gabanintha project.

This involved 26 reverse circulation drill holes over a distance of 2,500 metres with samples collected at 1-metre intervals.

These included 2 metres at 18.1 g/t gold and 5 metres at 3.5 g/t gold.

There was also contained copper within the intercepts.

Bonanza grab sample grades

In addition to this, during a recent field trip, technical personnel examined the drill cuttings of several holes.

A sample from an interval at about 48 metres subsequently assayed at 32.18 g/t (1.0 oz/t) gold and 0.44% copper.

Drilling results indicate that the mineralised zones intersected are generally open along strike and/or down dip, and extensional drilling will be undertaken.

Airborne survey highlights respective copper-gold targets

At its flagship Bryah Basin project, Bryah recently completed an airborne electromagnetic (EM) survey over the areas of highest prospectivity.

The survey was undertaken to identify conductors which potentially could be Volcanogenic Massive Sulphide (VMS) Cu-Au deposits.

The company's project is within the prolific Bryah Basin.

Bryah managing director Neil Marston said: “What we are looking for is the next DeGrussa copper-gold deposit.

“There are areas within our Bryah Basin project which have all the right geological indicators.

“The preliminary data we have received from the recent airborne EM survey is very encouraging with several anomalous EM responses being detected.

“In a month’s time we’ll have the final interpretation completed and we should be drilling the best targets not long after that.

“The earlier explorers generally did not drill below 50 metres depth but we will be going much deeper if needed to test the anomalies we have picked up.”

One significant EM response is about 7 kilometres north of the Peak Hill Gold Mine within the prospective Narracoota Formation.

600 metres strike length of potential VMS copper-gold mineralisation

This has been picked up in three adjoining flight lines, indicating an east-west length of at least 600 metres.

It is characterised as a moderate conductive source, which is potentially indicative of volcanic massive sulphide (VMS) copper-gold mineralisation.

This is in an area where there hasn’t been any previous exploration, making it a high priority target for Bryah.

What emerged as a bonus for the company was the identification of high-grade manganese.

High-grade manganese prompts expanded drilling

Bryah took the decision to expand its exploration program to include manganese on its Bryah Basin project after receiving promising assay results from rock chip samples.

The company recently collected five manganese samples from two prospective locations within its project area which were submitted for laboratory analysis.

The best assay result recorded was 49.5% manganese from a rock chip sample collected from a hilltop covered with outcropping manganese.

Exploration manager Rohan Williams on top of the manganese cap.

With a history of manganese production in the Bryah Basin, the company is focusing on targets which may be amenable to small/medium-scale mining.

Bryah is looking to identify opportunities where +30% manganese ore bodies which are at, or close to the surface, can be brought into production with limited capital outlay.

Region has strong history of manganese production

In a sense, the presence of high-grade manganese shouldn’t have come as a surprise as the Bryah Basin is well known for hosting a number of historical manganese mining areas.

Manganese mining activities are known to have occurred during the period from 1948 to 1967 with manganese production grades above 40% reported.

Mineral Resources mined over 400,000 tonnes of manganese

Mineral Resources Limited (ASX:MIN) mined over 400,000 tonnes of manganese from the Horseshoe South Mine between 2008 and 2011, exporting it through Port Hedland.

This mining was completed under an agreement with the tenement holder, privately-owned Peak Hill Manganese Pty Ltd.

Recently, privately-owned Horseshoe Manganese Pty Ltd has commenced manganese mining at the nearby Horseshoe Flats Mine, which is adjacent to one of Bryah’s tenements.

Atlas Iron gets in on the act

The Horseshoe Flats deposit was discovered by shallow drilling completed by Auvex Resources Limited in early 2010.

Under an agreement announced by Atlas Iron Limited (ASX:AGO) in March 2018, Atlas has sought to capitalise on the strength of the current manganese lump market.

Atlas has come to an arrangement under which up to 100,000 tonnes of product will be mined and crushed from Horseshoe Flats and then transported to Port Hedland for export.

Manganese presents low-cost entry for smaller players

Marston sees an excellent opportunity for the company to enter the manganese market.

He said: “Manganese is one bulk commodity where smaller producers can readily enter the market and capitalise on high prices with little capital expenditure outlay.

“Manganese ore prices are very good at the moment with 37% Mn ore exceeding US$250/tonne.

"We see our neighbours at Horseshoe Flats mine using contract mining to exploit a resource which lies just 2-3 metres beneath transported cover.

"We have the same geological setting on our land with high-grade manganese sticking out of the ground so we will be drilling as quickly as possible to prove up a resource which we can similarly exploit.”

Riding the manganese wave

Manganese is fast becoming an important energy metal which, in part, is why prices for manganese ore have risen by over 50% in the last six months.

The commodity, along with cobalt, is one of a group of metals that manufacturers are using in the production of next-generation battery and power storage applications.

Historically, manganese has been used in steel production, where about 90% of all manganese supplies are consumed.

The balance has been traditionally used in fertilisers, water treatment and other markets.

However, the demand for manganese is now increasing as applications, such as electric vehicle batteries draw on global supplies.

Manganese demand has nearly doubled since 2009

Manganese dioxide is used in regular dry cell batteries and the metal is also the main ingredient of lithium-manganese-oxide batteries.

These batteries are noted for their high thermal stability and are safer than some types of lithium-ion batteries.

There are also lithium-nickel-manganese-cobalt-oxide (NMC) batteries using about 19% manganese and 20% cobalt.

These are commonly used in powertrains for vehicles and power tools.

Global demand for manganese has jumped from around 11 million tonnes in 2009 to 18 million in 2016 and it is expected to grow to just under 20 million in 2018.

As at March 31, 2018, Bryah had $3 million in cash and cash equivalents.

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Wed, 11 Apr 2018 16:29:00 +1000 https://www.proactiveinvestors.com.au/companies/news/194716/bryah-resources-in-a-sweet-spot-as-it-focuses-on-copper-gold-and-manganese-194716.html
<![CDATA[News - Bryah Resources identifies high-grade manganese, complementing copper-gold success ]]> https://www.proactiveinvestors.com.au/companies/news/192797/bryah-resources-identifies-high-grade-manganese-complementing-copper-gold-success-192797.html Bryah Resources Ltd (ASX:BYH) has released promising assay results from its manganese project in the Bryah Basin of Western Australia with samples testing up to 49.5% manganese.

The company has more than 900 square kilometres of highly prospective ground in the Bryah Basin and at Gabanintha in Western Australia.

The Bryah Basin has a history of producing high-grade manganese, one source being the Mudderwearie Manganese Mine which is within the company’s landholding.

Manganese adds another string to the bow

This is promising news for Bryah in terms of providing commodity diversification, having already identified copper-gold targets at the Bryah Basin project.

READ: Bryah Resources survey identifies large copper-gold target at Bryah Basin project

Neil Marston, managing director, said: “This result is extremely encouraging because it adds another string to the bow.

“Not only does the company have favourable copper and gold targets, the high-grade presence of the emerging battery metal, manganese, has also been confirmed.

“We knew there were significant manganese anomalies, but our recent work has verified very high grades.”

Management highlights manganese global outlook

Bryah pointed to the strong supply/demand dynamics which should continue to provide upward momentum following a 50% increase in manganese prices over the last six months.

Further manganese exploration is to be conducted in 2018 aimed at identifying potential near-term production opportunities.

Management said that the program would not detract from, but rather complement, the company’s active copper-gold exploration planned for the Bryah Basin.

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Thu, 08 Mar 2018 09:50:00 +1100 https://www.proactiveinvestors.com.au/companies/news/192797/bryah-resources-identifies-high-grade-manganese-complementing-copper-gold-success-192797.html
<![CDATA[News - Bryah Resources intersects one ounce gold at Gabanintha project ]]> https://www.proactiveinvestors.com.au/companies/news/192386/bryah-resources-intersects-one-ounce-gold-at-gabanintha-project-192386.html Bryah Resources Ltd (ASX:BYH) has returned high-grade gold hits from recent drilling at the Gabanintha project in central Western Australia.

Reverse circulation (RC) drilling of the Tumblegum South gold-copper prospect returned the best intersection of 2 metres from 46 metres at 18.13 g/t gold and 0.36% copper.

Within this was a 1-metre intersection from 47 metres which assayed 32.18 g/t gold, or the equivalent of 1 ounce per tonne, and 0.44% copper.

READ: Bryah Resources hits high-grade gold in first drilling at Gabanintha project

There were 26 RC drill holes for 2,484 metres completed with samples collected at 1-metre intervals and composited to 3-metre intervals for initial analysis for gold and multi-elements.

Anomalous composite sample intervals were subsequently assayed using the 1-metre interval samples with circa 250 samples submitted for laboratory analysis.

A further strong result was 5 metres from 84 metres at 3.56 g/t gold and 0.55% copper, including 1 metre from 87 metres at 9.57 g/t gold and 0.88% copper.

Another hole returned 7 metres from 13 metres at 3.36 g/t gold and 0.11% copper,

2 metres from 31 metres at 3.70 g/t gold and 1 metre from 45 metres at 4.21 g/t gold and 0.81% copper.

Gold particles observed in pan

During a field visit to collect the 1-metre interval samples, the company’s technical personnel examined the drill cuttings of several holes.

Using traditional panning techniques on cuttings from what later assayed as the best interval, particles of free gold were observed, confirming the high-grade of that intersection.

Further to the southwest drilling has intersected what are interpreted to be multiple zones of shallow gold mineralisation.

Follow-up work

With the 1-metre intervals now received, further refinement of the mineralised zones using 3D software will continue.

This will allow for a tightening of the mineralised structures and more accurate estimation of the size and tenor of mineralisation.

Drilling results indicate that mineralised zones are generally open along strike and/or down dip and that extensional drilling is warranted to further test the mineralised lenses.

Planning has started for a follow-up RC program.

READ: Bryah Resources survey identifies large copper-gold target at Bryah Basin project

Bryah Resources has two projects in central Western Australia, Bryah Basin and Gabanintha.

Bryah Resources two projects are in central Western Australia.

Bryah Basin hosts high-grade copper-gold mines at DeGrussa and at Horseshoe Lights, which was mined until 1994.

At Gabanintha, Bryah holds the rights to all minerals except vanadium, uranium, cobalt, chromium, titanium, lithium, tantalum, manganese and iron ore.

Australian Vanadium Ltd (ASX:AVL) retains 100% rights in the excluded minerals.

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Thu, 01 Mar 2018 10:50:00 +1100 https://www.proactiveinvestors.com.au/companies/news/192386/bryah-resources-intersects-one-ounce-gold-at-gabanintha-project-192386.html
<![CDATA[News - Bryah Resources survey identifies large copper-gold target at Bryah Basin project ]]> https://www.proactiveinvestors.com.au/companies/news/192306/bryah-resources-survey-identifies-large-copper-gold-target-at-bryah-basin-project-192306.html Bryah Resources Ltd (ASX:BYH) has identified an electromagnetic (EM) conductor at least 600 metres long after geophysical survey work over the Bryah Basin project in Western Australia.

This conductor lies in an area where no drilling has been undertaken and Bryah will initiate on-ground investigations, including a ground geophysical survey, as soon as possible.

It is circa 7 kilometres north of the Peak Hill Gold Mine within the Narracoota Formation, which is prospective for copper-gold.

READ: Bryah Resources to survey for Horseshoe Lights type copper-gold

The conductor was picked up in three adjoining flight lines, indicating an east-west length of at least 600 metres.

It is characterised as a moderate conductive source, which is potentially indicative of VMS copper-gold mineralisation.

Preliminary results from the helicopter-borne Versatile Time-Domain EM (VTEM) survey by UTS Geophysics Pty Ltd have identified several anomalous EM responses.

Focus of future modelling

These will be the focus of future modelling once the final processed data is received from Resource Potentials Pty Ltd, which is interpreting the survey data.

The survey involved 1,860 line-kilometres flown over five areas totalling circa 325 square kilometres.

As well as focusing on the largest conductor, Bryah will also carry out ground work at other high-priority target areas.

Moving Loop EM survey recommended

A ground-based Moving Loop EM (MLEM) survey has been recommended by Resource Potentials to assist in better defining the orientation of the EM conductor ahead of any drill testing.

Planning for the MLEM survey is underway.

Final VTEM data processing will take UTS Geophysics circa six weeks to complete with a full geophysical interpretation of EM responses by Resource Potentials to start immediately thereafter.

In October 2017 Bryah Resources raised $5 million and was admitted to the official list on the Australian Securities Exchange.

READ: Bryah Resources hits high-grade gold in first drilling at Gabanintha project

The company is a copper-gold focused explorer with two projects in central Western Australia, being the Bryah Basin project and the Gabanintha project.

Bryah Resources’ projects are in central Western Australia, near Meekatharra.

Bryah Basin hosts the high-grade copper-gold mines at DeGrussa, discovered by Sandfire Resources NL (ASX:SFR) in 2009, and at Horseshoe Lights, which was mined until 1994.

At Gabanintha, Bryah holds the rights to all minerals except vanadium, uranium, cobalt, chromium, titanium, lithium, tantalum, manganese and iron ore.

Australian Vanadium Ltd (ASX:AVL) retains 100% rights in the excluded minerals.

In mid-January, Bryah’s maiden exploration program at Gabanintha returned an intersection of 3 metres at 23.8 g/t gold and 0.32% copper from 45 metres.

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Wed, 28 Feb 2018 11:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/192306/bryah-resources-survey-identifies-large-copper-gold-target-at-bryah-basin-project-192306.html
<![CDATA[News - Bryah Resources to survey for Horseshoe Lights type copper-gold ]]> https://www.proactiveinvestors.com.au/companies/news/191110/bryah-resources-to-survey-for-horseshoe-lights-type-copper-gold-191110.html Bryah Resources Ltd (ASX:BYH) is looking to identify volcanogenic massive sulphide (VMS) copper-gold deposits in its upcoming survey of the Bryah Basin in Western Australia.

The survey will cover 320 square kilometres and is expected to be finished by mid-February.

It will complement the regional geophysical interpretative work completed to date and with the specific aim to identify electromagnetic (EM) conductors.

While this is early stage exploration work, it could potentially identify VMS copper-gold deposits, similar to the nearby Horseshoe Lights copper-gold mine.

Bryah has a track record of early-stage success

Bryah's other main asset is its Gabanintha copper-gold project in Western Australia.

In mid-January, the company’s maiden exploration program returned an intersection of 3 metres at 23.8 g/t gold and 0.32% copper from 45 metres.

READ: Bryah Resources hits high grade gold in first drilling at Gabanintha project

After only listing on the ASX in October 2017, the company has been quick to generate positive news flow and something similar from the Bryah Basin would be welcomed.

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Mon, 05 Feb 2018 11:23:00 +1100 https://www.proactiveinvestors.com.au/companies/news/191110/bryah-resources-to-survey-for-horseshoe-lights-type-copper-gold-191110.html
<![CDATA[News - Bryah Resources hits high grade gold in first drilling at Gabanintha project ]]> https://www.proactiveinvestors.com.au/companies/news/189917/bryah-resources-hits-high-grade-gold-in-first-drilling-at-gabanintha-project-189917.html Bryah Resources Ltd (ASX:BYH) has had success in its first drilling campaign with high grade gold mineralisation returned from the Gabanintha project in central Western Australia.

The best intersection from the Tumblegum South Gold-Copper Prospect was 3 metres at 23.8 g/t gold and 0.32% copper from 45 metres.

Drilling was conducted in a highly prospective area directly along strike from the former Gabanintha gold mine which was mined for five years until 1992.

READ: Bryah Resources starts drilling copper-gold targets at Gabanintha

There were 26 reverse circulation holes for 2,484 metres completed in the program.

Other results include 6 metres at 2.95 g/t gold and 0.35% copper from 84 metres, 9 metres at 2.34 g/t gold from 12 metres, and 6 metres at 2.33 g/t gold and 0.13% copper from 72 metres.

Selected 1 metre samples will be submitted for laboratory analysis to better define mineralisation and grade.

Gold was first discovered at Gabanintha in 1897 and since then there has been mining activities for gold and copper intermittently.

The most recent closure of open pit gold operations was by Dominion Mining in 1992.

Bryah’s drilling focused on this area while further to the southwest drilling has intersected what are interpreted to be multiple zones of gold mineralisation.

Strong news flow

A geological interpretation using the latest 3D modelling software, geophysical information and these drilling results is underway.

Early indications are that mineralised zones intersected are generally open along strike and/or down dip.

Electromagnetic survey

In ongoing exploration at Gabanintha, Bryah has engaged Vortex Geophysics to undertake a down hole electromagnetic survey of one cased hole drilled to a depth of 180 metres.

The company expects the survey to be completed by the end of this month.

Development plans

Bryah hopes to develop a mine in the short term at Gabanintha, as the project is within easy trucking distance of existing processing plants and just 40 kilometres from the key mining town of Meekatharra.

In October 2017 Bryah raised $5 million and was admitted to the official list on the Australian Securities Exchange.

Apart from the 202 square kilometre Gabanintha project, the company also has the 718 square kilometre Bryah Basin project to the north, where exploration is also being carried out.

READ: Bryah Resources’ survey eyes copper-gold deposits at Bryah Basin Project

A heli-borne Versatile Time-Domain Electromagnetic geophysical survey across a large portion of the project should begin late next week, subject to favourable weather conditions.

The survey is being undertaken by UTS Geophysics Pty Ltd.

Investors in Bryah include Australian Vanadium Ltd (ASX:AVL) and John Hutton, a former director of Sandfire Resources Ltd (ASX:SFR).

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Fri, 12 Jan 2018 10:47:00 +1100 https://www.proactiveinvestors.com.au/companies/news/189917/bryah-resources-hits-high-grade-gold-in-first-drilling-at-gabanintha-project-189917.html
<![CDATA[News - Bryah Resources to boost exploration news flow with gold-copper assays pending from Gabanintha ]]> https://www.proactiveinvestors.com.au/companies/news/188316/bryah-resources-to-boost-exploration-news-flow-with-gold-copper-assays-pending-from-gabanintha-188316.html Bryah Resources Ltd (ASX:BYH) has now wrapped up a reverse circulation drilling program covering 26 holes for circa 2500 metres at the Tumblegum South Gold/Copper Prospect.

The prospect is located within the company’s Gabanintha Project in central Western Australia.

Drilling was conducted in a highly prospective area which is directly along strike from the historic Gabanintha gold mine which was mined for five years until 1992, while being just 40 kilometres from the key mining town of Meekatharra.

The first assays are expected later this month.

Bryah hopes to develop a mine in the short term at Gabanintha, as the project is within easy trucking distance of existing processing plants.

The newly minted Bryah

Following a successful IPO, Bryah commenced trading on the ASX in October after raising $5 million through the offering of shares priced at $0.20.

Investors in Bryah include Australian Vanadium Ltd (ASX:AVL) and John Hutton, a former director of Sandfire Resources Ltd (ASX:SFR).

Moving to the Bryah Basin Project

The company's Bryah Basin Project has the hallmarks of DeGrussa, and covers 713.8 square kilometres over parts of the western Bryah Basin.

The Bryah Basin is home to two significant volcanogenic massive sulphide (VMS) copper-gold discoveries – the historic Horseshoe Lights mine (closed in 1994), and Sandfire’s DeGrussa mine (discovered in 2009).

Horseshoe Lights and DeGrussa share the same geology, the Narracoota Formation, and parts of Bryah tenements have those characteristics.

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Wed, 06 Dec 2017 10:38:00 +1100 https://www.proactiveinvestors.com.au/companies/news/188316/bryah-resources-to-boost-exploration-news-flow-with-gold-copper-assays-pending-from-gabanintha-188316.html
<![CDATA[News - Bryah Resources’ survey eyes copper-gold deposits at Bryah Basin Project ]]> https://www.proactiveinvestors.com.au/companies/news/187406/bryah-resources-survey-eyes-copper-gold-deposits-at-bryah-basin-project-187406.html Bryah Resources Ltd (ASX:BYH) is commencing a helicopter-borne geophysical survey in late November/December 2017 across a large portion of its Bryah Basin Project in central Western Australia.

The survey is being undertaken to identify conductors which potentially could be volcanogenic massive sulphide (VMS) copper/gold deposits similar to the nearby Horseshoe Lights copper/gold mine.

The company will use Versatile Time-Domain Electromagnetic (VTEM™ Max) geophysical system, which is suitable for locating discrete conductive anomalies.

Bryah’s survey involves 1,740 line-kilometres flown over five areas totalling circa 300 square kilometres of the Bryah Basin Project.

The Bryah Basin is home to two significant volcanogenic massive sulphide (VMS) copper-gold discoveries – the historic Horseshoe Lights mine (closed in 1994), and Sandfire’s DeGrussa mine (discovered in 2009).

Horseshoe Lights and DeGrussa share the same geology, the Narracoota Formation, and parts of Bryah tenements have those characteristics.

Bryah listed on the ASX last month following its initial public offering (IPO) which raised $5 million.

Investors in Bryah include Australian Vanadium Ltd (ASX:AVL) and John Hutton, a former director of Sandfire Resources (ASX:SFR).

The new copper-gold explorer has two projects totalling over 900 square kilometres near Meekatharra in Western Australia - Bryah Basin Project and Gabanintha.

Earlier this week, the company acquired two strategically located tenements to fill important gaps within the Bryah Basin Project.

READ NEXT: Bryah Resources’ shares rise after adding strategic assets to Bryah Basin Project ]]>
Fri, 17 Nov 2017 11:06:00 +1100 https://www.proactiveinvestors.com.au/companies/news/187406/bryah-resources-survey-eyes-copper-gold-deposits-at-bryah-basin-project-187406.html
<![CDATA[News - Bryah Resources’ shares rise after adding strategic assets to Bryah Basin Project ]]> https://www.proactiveinvestors.com.au/companies/news/187341/bryah-resources-shares-rise-after-adding-strategic-assets-to-bryah-basin-project-187341.html Bryah Resources Ltd (ASX:BYH) has acquired two strategically located tenements prospective for gold and copper within the Bryah Basin in central Western Australia.

The two tenements acquired fill important gaps within the company’s Bryah Basin Project at the Mars Prospect and Saturn Prospect.

Historical drilling on these acquired tenements include intersections of 2 metres at 15.2 g/t gold from 8 metres, 2 metres at 5.1 g/t gold from 24 metres and 12 metres at 2.0 g/t gold from 14 metres.

Each tenement has been acquired for $10,000 in cash and the issue of 50,000 new Bryah shares (worth circa $9,250).

Bryah’s shares were last trading circa 9% higher intra-day, at $0.185.

Bryah Basin Project: hunt for the next DeGrussa

The Bryah Basin is home to two significant volcanogenic massive sulphide (VMS) copper-gold discoveries – the historic Horseshoe Lights mine (closed in 1994), and Sandfire’s DeGrussa mine (discovered in 2009).

Horseshoe Lights and DeGrussa share the same geology, the Narracoota Formation, and parts of Bryah tenements have those characteristics.

In April, Bryah Resources completed 16,000 line kilometres of airborne magnetics with results yielding opportunities for a new discovery.

Important gaps within the Bryah Basin Project filled

Bryah now holds 100% coverage of the exposed Narracoota Formation at the Mars Prospect and the major portion of the Narracoota Formation at the Saturn Prospect.

Both tenements hold substantial exploration potential based on the shallow exploration work completed to date

Further evaluation of both project areas for gold and copper-gold mineralisation at depth will be undertaken by the company in the coming months.

Two copper-gold projects in Western Australia

Bryah listed on the ASX last month following its initial public offering (IPO) which raised $5 million.

Investors in Bryah include Australian Vanadium Ltd (ASX:AVL) and John Hutton, a former director of Sandfire Resources (ASX:SFR).

The new copper-gold explorer has two projects totalling over 900 square kilometres near Meekatharra in Western Australia - Bryah Basin Project and Gabanintha.

Earlier this month, the company commenced its maiden drilling program at the Tumblegum South gold/copper prospect, within the Gabanintha Project.

READ NOW: Bryah Resources starts drilling copper-gold targets at Gabanintha

Tumblegum South has outstanding historical drilling results including 5 metres at 9.64 g/t gold from 58 metres and 5 metres at 8.72 g/t gold, 3.05% copper from 31 metres.

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Thu, 16 Nov 2017 15:16:00 +1100 https://www.proactiveinvestors.com.au/companies/news/187341/bryah-resources-shares-rise-after-adding-strategic-assets-to-bryah-basin-project-187341.html
<![CDATA[News - Bryah Resources appoints Australian Vanadium nominee to the board ]]> https://www.proactiveinvestors.com.au/companies/news/187331/bryah-resources-appoints-australian-vanadium-nominee-to-the-board-187331.html Bryah Resources Ltd (ASXBYH) has appointed the experienced Leslie Ingraham as a non-executive director of the company.

Ingraham is presently an executive director of Australian Vanadium Ltd (ASX:AVL) and has been appointed as AVL’s nominee.

Bryah recently completed a successful initial public offering which raised $5 million through the offering of shares priced at $0.20.

The new copper-gold explorer has two projects totalling over 900 square kilometres near Meekatharra located in mid-west Western Australia.

Bryah Basin Project: hallmarks of DeGrussa

The project covers 713.8 square kilometres over parts of the western Bryah Basin.

The Bryah Basin is home to two significant volcanogenic massive sulphide (VMS) copper-gold discoveries – the historic Horseshoe Lights mine (closed in 1994), and Sandfire’s DeGrussa mine (discovered in 2009).

Horseshoe Lights and DeGrussa share the same geology, the Narracoota Formation, and parts of Bryah tenements have those characteristics.

In April, Bryah Resources completed 16,000 line kilometres of airborne magnetics with results yielding opportunities for a new discovery.

In June, ground mapping identified evidence of a large-scale hydrothermal alteration system within the Narracoota volcanics, confirming the potential for a new VMS copper-gold discovery.

READ NOW: Bryah Resources starts drilling copper-gold targets at Gabanintha ]]>
Thu, 16 Nov 2017 10:07:00 +1100 https://www.proactiveinvestors.com.au/companies/news/187331/bryah-resources-appoints-australian-vanadium-nominee-to-the-board-187331.html
<![CDATA[News - Bryah Resources starts drilling copper-gold targets at Gabanintha ]]> https://www.proactiveinvestors.com.au/companies/news/187054/bryah-resources-starts-drilling-copper-gold-targets-at-gabanintha-187054.html Bryah Resources Ltd (ASX:BYH) has commenced its maiden drilling program at the Tumblegum South gold/copper prospect, within the company’s Gabanintha Project in Western Australia.

Bryah listed on the ASX last month following its initial public offering (IPO) which raised $5 million.

Investors in Bryah include Australian Vanadium Ltd (ASX:AVL) and John Hutton, a former director of Sandfire Resources (ASX:SFR).

The new copper-gold explorer has two projects totalling over 900 square kilometres near Meekatharra located in mid-west Western Australia - Bryah Basin Project and Gabanintha.

READ NOW: Bryah Resources debuts on ASX as it hunts next DeGrussa in Bryah Basin

The company’s Bryah Basin Project covers 713.8 square kilometres over parts of the western Bryah Basin.

The Bryah Basin is home to two significant volcanogenic massive sulphide (VMS) copper-gold discoveries – the historic Horseshoe Lights mine (closed in 1994), and Sandfire’s DeGrussa mine (discovered in 2009).

Significant historical mining and exploration

In 2013 Australian Vanadium Ltd (ASX:AVL) drilled 12 reverse circulation drill holes into the northeastern sector of the Gabanintha project, which includes the Tumblegum South Prospect.

The drilling at Tumblegum South recorded outstanding results including 5 metres at 9.64 g/t gold from 58 metres + 5 metres at 8.72 g/t gold and 3.05% copper from 31 metres.

Interestingly, the Tumblegum South Prospect is immediately along strike from the Tumblegum pit which was mined as part of the Gabanintha gold mine between 1987 and 1992.

Targeting high-grade extensions to past drilling

Bryah’s new drilling aims to test several interpreted geological structures for extensions to gold-copper mineralisation identified at Tumblegum South from past drilling.

The current geological interpretation is that several potentially mineralised structures, orientated north-south, lie at the contact between basalt and ultramafic units.

These structures form the primary target zones for Bryah’s drilling program.

The company plans to complete a total of 25 reverse circulation drill holes for 2,400 metres.

As part of the drilling program, 4 deeper holes will be cased with PVC to allow a follow-up down-hole electromagnetic (DHEM) survey to be undertaken.

The drilling program is expected to be completed by the end of this month.

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Fri, 10 Nov 2017 13:56:00 +1100 https://www.proactiveinvestors.com.au/companies/news/187054/bryah-resources-starts-drilling-copper-gold-targets-at-gabanintha-187054.html
<![CDATA[Media files - Bryah Resources begins trading on ASX after $5mln float ]]> https://www.proactiveinvestors.com.au/companies/stocktube/8253/bryah-resources-begins-trading-on-asx-after-5mln-float-8253.html Wed, 18 Oct 2017 10:38:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/8253/bryah-resources-begins-trading-on-asx-after-5mln-float-8253.html