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Bryah Resources achieves 30 g/t gold grade at Gabanintha as it prepares debut resource

An initial mineral resource for the prospect is likely to be ready in the coming weeks.

Bryah Resources Ltd - Bryah Resources achieves 30 g/t repeat gold grade at Gabanintha as it prepares debut Tumblegum South resource
The project in WA’s Meekatharra district has growth potential given its trucking distance to a number of gold plants

Bryah Resources Ltd (ASX:BYH) will seek a mining licence for its Tumblegum South prospect at Gabanintha Gold-Copper Project after the prospect returned gold grades of up to 30.24 g/t.

The company has been drilling a 16-hole program at the project 40 kilometres south of Meekatharra and expects to release an initial mineral resource for the prospect in the coming weeks.

West Perth junior Bryah reported an intersection of 4 metres grading 7.83 g/t gold and 0.23% copper from 119 metres and within this was a standout intersection of 1-metre grading 30.24 g/t gold and 0.39% copper.

Bryah managing director Neil Marston highlighted the value in the repeated high grading seen at the project.

Marston said, “We have again successfully intersected high-grade gold mineralisation exceeding 30 grams/tonne, this time at depth and down plunge of our previous drilling, confirming the potential of this prospect.

"Drilling to date has been relatively shallow with the deepest gold intersections generally being less than 100 metres depth from surface.

“This latest program was undertaken to test for extensions to the high-grade gold zones recorded in our 2017 program and to validate our recent reinterpretation of the geological structures.”

Best intersections

Other assays included:

  • 5 metres grading 3.81 g/t gold and 0.28% copper from 99 metres, including 1-metre at 12.54 g/t gold and 0.78% copper;
  • 3 metres grading 2.54 g/t gold from 24 metres, 2 metres grading 2.88 g/t gold from 33 metres and 4 metres grading 1.12 g/t gold from 69 metres to end of hole;
  • 1-metre grading 13.43 g/t gold and 0.51% copper from 108 metres; and
  • 5 metres grading 2.21 g/t gold and 0.16% copper from 92 metres, including 1-metre at 6.11 g/t gold and 0.28% copper

The company reported a new mineralised structure had been demonstrated by the high-grade intersection in the 1-metre hole from 108 metres, validating its refined 3D modelling and drill targeting.

Next steps

More than 60 additional 1-metre samples are to be assayed for Bryah after gold was highlighted in composite samples.

Additional activities for the company include further refining of 3D modelling after the receipt of the latest results.

Bryah plans to apply for a mining licence for Tumblegum South once a mineralisation report has been completed.

Bryah Resources will hold its annual general meeting in Western Australian on November 27, 2019, at 85 Havelock Street, West Perth at 10am (1pm AEDST).

Quick facts: Bryah Resources Ltd

Price: 0.063 AUD

Market: ASX
Market Cap: $9.67 m

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