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.
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.
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.