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Bryah Resources chairman buys shares on-market

The company is focused on its Gabanintha Project and Bryah Basin Project in Western Australia.

Bryah Resources Ltd - Bryah Resources chairman buys shares on-market
Proactive recently caught up with the company for an update

Bryah Resources Ltd (ASX:BYH) non-executive chairman Ian Stuart has purchased 70,220 shares in the company through on-market trades.

The $3,034 purchase increased his total holdings in the company to 978,553 shares.

Maiden gold resource at Tumblegum South

Bryah recently delivered a maiden resource of 42,500 ounces grading 2.2 g/t gold at its Tumblegum South Gold-Copper Prospect within its Gabanintha Project, WA.

Notably, the Tumblegum South deposit is nearby to multiple existing gold plants and the maiden resource is part of a process to fast-track the deposit to near-term production.

The company is now proceeding with a mining lease application and has commenced a formal process to monetise the prospect given its near-term development potential.

Proactive recently caught up with the company for an update.

Quick facts: Bryah Resources Ltd

Price: 0.047 AUD

ASX:BYH
Market: ASX
Market Cap: $4.74 m
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Full interview: Bryah Resources' maiden Tumblegum South gold resource an...

Bryah Resources (ASX:BYH) chief executive officer and managing director Neil Marston updates Proactive on the completion of a maiden gold mineral resource estimate at Tumblegum South Gold-Copper Prospect within the Gabanintha Project. The estimate delivers an inferred mineral resource of...

2 weeks, 6 days ago

2 min read