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Bryah Resources drilling identifies new high-grade manganese zone at joint venture project

The Horseshoe South Manganese Mine is on a granted mining lease, allowing quick re-permitting for mining.

Bryah Resources Ltd - Bryah Resources drilling identifies new high-grade manganese zone at joint venture project
A program of beneficiation test work on bulk samples is underway

Bryah Resources Ltd (ASX:BYH) has revealed high-grade assays in the final set of results from its recent reverse circulation (RC) drilling program at the Horseshoe South Manganese Mine (Bryah Basin Manganese Joint Venture).

The 80% Bryah and 20% OM (Manganese) Ltd (a subsidiary of OM Holdings Limited (ASX:OMH)) project is about 150 kilometres north of Meekatharra in central Western Australia.

The drilling intersected high-grade manganese beneath and adjacent to workings in the main pit. Best results from all holes completed in May 2020 include:

  • HSRC062 - 3 metres (3-6 metres) at 34.5% manganese, including 2 metres at 36.1% manganese from 4 metres;
  • HSRC038 - 4 metres (9-13 metres) at 40.9% manganese, including 2 metres at 46.0% manganese from 10 metres; and
  • HSRC035 - 3 metres (5-8 metres) at 30.9% manganese, including 1 metre at 42.9% manganese from 6 metres.

Project location map

Bryah managing director Neil Marston said: “The aim of the Joint Venture’s drilling program in May 2020 was to test for extensions to high-grade manganese identified at several locations from drilling last year.

“The program has been successful with a new high-grade zone identified at the Brumby Creek prospect under shallow cover.

“This is a significant achievement as we have now proven that high-grade manganese exists in previously untested areas outside of the historical workings at Horseshoe South.

“There is great potential for us to apply our increasing geological knowledge across the entire project area to make further high-grade manganese discoveries.”

Horseshoe South Prospect drill hole location plan

Marston added: “Drilling at the historic Horseshoe South Mine has recorded significant manganese results within the Main and Extended Pit areas.

“The latest results at the Main pit confirm the presence of manganese mineralisation beyond the limits of the existing pit workings, which, with further drilling may provide us with some early development options.

“We have a program of beneficiation testwork on bulk samples from the Horseshoe South Extended pit underway to see how this mineralisation will upgrade through simple processing techniques.

“We look forward to completing this testwork with the assistance of our JV partner OMM and its technical expertise in Manganese mining and development.

“We are now preparing for the next drilling program to commence as soon as permitted at Brumby Creek, the Horseshoe South mine and, the untested Black Beauty and Cheval prospects.”

OM Manganese commits to further $500,000

Pursuant to the terms of the joint venture agreement, OM (Manganese) Ltd recently funded $500,000 in project expenditure, under Tranche 1, to increase its initial JV interest from 10% to 20%.

OMM has now formally elected to proceed to increase its JV interest to 30% under Tranche 2, funding an additional $500,000 of project expenditure.

Bryah, as project manager, will shortly start receiving these funds from OMM.

Marston said: “We are delighted to receive OMM’s on-going commitment to our Manganese joint venture. Its funding support, combined with its manganese exploration, mining, processing and marketing expertise are a key success factor for our Joint Venture.

“We have a very positive business relationship, and we look forward to working with the OMM team over the coming months.”

Quick facts: Bryah Resources Ltd

Price: 0.053 AUD

ASX:BYH
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Market Cap: $6.99 m
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Bryah Resources Ltd (ASX:BYH) managing director Neil Marston speaks to Proactive about highly encouraging gold and copper results from recent reverse circulation (RC) drilling at the Bryah Basin Project. The company completed 11 RC drill holes for 2,015 metres at three locations – the...

on 20/8/20

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