Bryah Resources Ltd - Bryah Discovers High-Grade Manganese Zone
Bryah Resources Ltd (ASX:BYH)

Bryah Discovers High-Grade Manganese Zone

Published May 22, 2020

What happened?


What's happened?

Bryah Resources Ltd (“Bryah”) has announced the first set of results of its recent reverse circulation (RC) drilling program at its Bryah Basin project (90% owned), which is located approximately 150 km north of the town of Meekatharra in central Western Australia.

What are the key highlights?

  1. New shallow high-grade manganese discovery at Brumby Creek Prospect. Best results include; 12 metres (11-23m) at 24.7% Mn, 10 metres(29-39m) a 31.1% Mn, 17metres (7-24m) at 26.5% Mn and more.
  2. Manganese mineralisation at Brumby Creek is open down dip and along strike.
  3. Black Hill intersects direct shipping grades including: 4 metres at 32.7% Mn, 6metres (1-7m) at 30.0% Mn and more.
  4. Fast track strategy for production leveraging off existing mining lease and new higher-grade prospects.

Please see the announcement linked below for more details.

Managing Director's summary

Neil Marston Managing Director of Bryah Resources Ltd has provided a statement.
Neil Marston
Neil Marston
Managing Director, Bryah Resources Ltd

"We are very encouraged with the latest drilling results, in particular the new high-grade manganese zone discovered under shallow cover at the Brumby Creek Prospect. These grades and thicknesses of mineralisation demonstrate that the manganiferous Horseshoe Range, most of which is under our joint venture’s tenure, has the potential to host significant tonnages of shallow high-grade manganese. Manganese ore prices have recovered significantly recently, which augurs well for us as we develop a pathway to production."

Download Announcement

View this announcement as well as our full profile on the company.

Comments

Share your thoughts about this announcement...

Around the web
High Voltage: Lithium prices bounce, as (some) sector analysts forecast strong EV demand
Lithium ‘spot’ prices outta China make a bit of a recovery to start the week  EV demand remains int...
via stockhead.com.au
High Voltage: Lithium dips as Citi bears pipe up, but PLS downstream move points to ‘up cycle’
Lithium spot pricing has dipped, but that futures ‘contango’ is still in play Citi analysts take a...
via stockhead.com.au
Gold Digger: Gold vs Bitcoin, analysts vs analysts – store of value narratives get in the ring
Gold hit a US ATH, then dipped a tad, but not by much. In fact, it’s doing pretty well on the whole...
via stockhead.com.au
Powered by  
  • Company
    Bryah Resources Ltd
  • Website
  • Sector
    Metals & Mining
  • Industry
    Diversified Metals & Mining
  • Code
    ASX:BYH
View Bryah Resources Ltd's Profile

How do I invest?

Considering investing in Bryah Resources Ltd?
Here's how to get started.
Low Cost Brokerage ASX Cheapest ASX Trading Platform
  1. 1

    Create account

    Open an account with an online broker of your choice. If you do not have an existing broker, consider Mawson Graham's A$9.50 flat fee platform.

    Sign up now »
  2. 2

    Search for ASX:BYH

    On your online investment platform search for the stock ticker code ASX:BYH to bring up the company's shares.

  3. 3

    Buy shares

    Place your order however you wish. If you need advice on buying or selling, you should seek the assistance of a full service financial adviser experienced in small cap equities.

Up