Manganese Drilling Commences
ASX ANNOUNCEMENT
2 AUGUST 2023
Manganese Drilling Commences
HIGHLIGHTS
Drilling commences on new prospects
2500 metres planned of Reverse Circulation (RC) drilling
Resource modelling underway to update the Manganese JORC Resource
Bryah Resources Limited (ASX: BYH, “Bryah” or “the Company”) in conjunction with OM
(Manganese) Ltd (OMM) is pleased to announce the start or drilling at the Bryah Basin manganese
project. Bryah (49%) and OMM (51%) have a Joint Venture (JV) to undertake exploration to test
targets in the area, with a view to commencing manganese production. OMM is a wholly owned
subsidiary of OM Holdings Limited (ASX: OMH), one of the world’s leading suppliers of manganese
ores.
Commenting on the RC drilling, Bryah CEO Ashley Jones said: “It is great to be drilling on our
Manganese project again following heritage and government approvals. We have identified many
new manganese prospects to be drill tested and look forward to continuing our success of finding
further mineralisation.
Our strategy remains the same; getting to a critical mass to enable restarting of operations. Further
exploration success will complement the mining licence applications and resource updates currently
underway. ”
Drill Targets
Mapping, rock chip results and GAIP (Ground Array Induced Polarisation) surveys have identified
drill prospects to be tested. As previously announced mapping and rock chip results1 included:
1
•
Black Hill Northeast prospect include: 54.9% Mn, 50.3% Mn, 49.5% Mn, 53.3% Mn
•
Gold Trip prospect include: 47.5% Mn, 45.7% Mn, 38.2% Mn, 35.5% Mn
•
Epona prospect include: 41.5% Mn, 38.1% Mn, 36.3% Mn, 33.3% Mn,
•
Black Beauty North prospect include: 42.4% Mn, 40.0% Mn, 39.2% Mn, 35.7% Mn
See ASX announcement dated 2nd February 2023 ‘ High-grade Rock Chips confirms Manganese Prospectivity’.
Bryah Resources Limited
Level 2, 50 Kings Park Road
West Perth, WA 6005
Phone: +61 8 9321 0001
Email: info@bryah.com.au
ASX: BYH
ABN: 59 616 795 245
Figure 1: Rock chip locations with magnetic background showing the Horseshoe Formation
The drilling follows the two mining licence applications 2 submitted earlier this month. Both
applications are on the exploration tenement E52 /3237. The application numbers are M 52/1087
for the Brumby Creek area and M 52/1088 for the Black Hill area.
2
See ASX announcement dated 10th July Manganese Mining Licence Applications Submitted
ASX: BYH | bryah.com.au
2
FUTURE WORK
An updated resource estimate bringing together the drilling in 2022 is underway and is expected by
the end of August.
An environmental consultant has been engaged to take the Mining Licence application areas
through the approvals process.
For further information, please contact:
Ashley Jones, CEO +61 8 9321 0001
This announcement has been produced in accordance with the Company's published continuous
disclosure policy and has been approved by the Board.
74
ASX: BYH | bryah.com.au
3
ABOUT BRYAH RESOURCES
Bryah’s assets are all located in Western Australia, a Tier One global mining and exploration
jurisdiction. Strategically the Projects are energy metals focused, or able to exploit synergies of
geological knowledge, locality and exploration.
The prospective Bryah Basin licences cover 1,048km2 and have a potential new Volcanogenic
Massive Sulphide (VMS) ‘Horseshoe Lights type’ mine analogue at the Windalah prospect, and
multiple other similar untested targets. The area also contains extensive outcroppings of
manganese, the subject of a substantial $7M joint venture with ASX listed OM Holdings Limited
(ASX: OMH). OMH is a vertically integrated manganese producer and refiner with a market
capitalisation of over $400m. Bryah and OMH have an excellent working relationship, with OMH
having already spent over $3 million to earn-in to the Manganese Rights of the Project.
Gabanintha, near Meekatharra, has a JORC 2012 Mineral Resource for Cu, Ni, Co 3 and additional
structural gold potential. The copper nickel resource and recently identified gold mineralisation at
Gabanintha will be the subject of further drill definition and a prefeasibility study to integrate the
project with the Australian Vanadium Project (ASX: AVL). The resource has been defined by the
drilling efforts of AVL in the development of its vanadium project and enabled Bryah to define a
base metal resources inventory.
Bryah’s base metals inventory at Gabanintha and manganese JV in the Bryah Basin have a clear
pathway to production, which will be significantly advanced in 2023 by the commencement and
completion of metallurgical feasibility studies at both projects.
An option agreement has been signed over the Lake Johnston tenements which are prospective for
battery metals lithium and nickel. On IPO the option holder Mining Green Metals Ltd will pay 5
million shares for 70% of the project, with another 5 million shares for the remaining 30%. The
corridor near Lake Johnston contains significant mines and discoveries of nickel and lithium,
including the Mount Holland Lithium Mine and the historical Maggie Hays/Emily Ann nickel deposits.
Bryah holds 20.75% of gold focused Star Minerals (ASX:SMS). Star has a Mineral Resource at
Tumblegum South and exploration prospects in the West Bryah Basin.
3
See ASX announcement dated 25th May 2022 ‘36.0 MT Ni-Cu-Co Mineral Resource at Gabanintha’.
ASX: BYH | bryah.com.au
4
Forward Looking Statements
This report may contain certain “forward-looking statements” which may not have been based solely on
historical facts, but rather may be based on the Company’s current expectations about future events and
results. Where the Company expresses or implies an expectation or belief as to future events or results, such
expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward
looking statements are subject to risks, uncertainties, assumptions and other factors which could cause
actual results to differ materially from future results expressed, projected or implied by such forward-looking
statements. Readers should not place undue reliance on forward looking information. The Company does
not undertake any obligation to release publicly any revisions to any “forward looking statement” to reflect
events or circumstances after the date of this report, or to reflect the occurrence of unanticipated events,
except as may be required under applicable securities laws.
COMPETENT PERSON STATEMENT – EXPLORATION RESULTS AND EXPLORATION TARGETS
The information in this announcement that relates to Exploration Results is based on information compiled
by Mr Tony Standish, who is a Member of the Australian Institute of Geoscientists. Mr Standish is a consultant
to Bryah Resources Limited (“the Company”). Tony Standish has sufficient experience which is relevant to
the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking
to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves’. Tony Standish consents to the inclusion in this
announcement of the matters based on his information in the form and context in which it appears.
Where the Company refers to Exploration Results in this announcement (referencing previous releases made
to the ASX), the Company is not aware of any new information or data that materially affects the information
included in the relevant market announcements.
COMPETENT PERSON STATEMENT — MINERAL RESOURCE ESTIMATION
The information in this announcement that relates to Mineral Resources is based on and fairly represents
information compiled by Mr Lauritz Barnes, (Consultant with Trepanier Pty Ltd), Dr Joe Drake-Brockman
(Consultant with Drake-Brockman Geoinfo Pty Ltd) and Ms Gemma Lee (Principal Geologist with Bryah
Resources). Mr Barnes, Dr Drake-Brockman and Ms Lee are members of the Australasian Institute of Mining
and Metallurgy (AusIMM) and/or the Australian Institute of Geoscientists (AIG). All have sufficient experience
of relevance to the styles of mineralisation and types of deposits under consideration, and to the activities
undertaken to qualify as Competent Persons as defined in the 2012 Edition of the Joint Ore Reserves
Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore
Reserves. Specifically, Mr Barnes is the Competent Person for the estimation, Dr Drake-Brockman is the
Competent Person for the geological model and site visits and Ms Lee is the Competent Person for the
geological database. Mr Barnes, Dr Drake-Brockman and Ms Lee consent to the inclusion in this
announcement of the matters based on their information in the form and context in which they appear.
The Company confirms that it is not aware of any new information or data that materially affects the
information included in announcements referred to and all material assumptions and technical parameters
underpinning the Mineral Resource estimates within those announcements continue to apply and have not
materially changed. The Company confirms that the form and context in which the Competent Persons
findings are presented have not materially changed from the original announcement.
ASX: BYH | bryah.com.au
5
Appendix 1
Table 1: 2012 JORC Manganese Mineral Resources at 15% Mn Cut-off Error! Bookmark not defined.
Prospect
Area 74
Brumby Creek East and
Brumby Creek West
Horseshoe South and
Horseshoe South
Extended
Black Hill
Category
Indicated
Total Indicated
Brumby Creek East and
Brumby Creek West
Horseshoe South and
Horseshoe South
Extended
Inferred
Total Inferred
Total Mineral Resource
Kt*
Mn %
Fe %
525
21.2
19.1
295
20.5
23.6
24
29.7
20.2
1,083
21.7
20.9
403
20.3
21.8
351
19.5
29.9
753
1,836
19.9
21.0
25.6
22.8
239
* Totals may not add up due to rounding. Kt = 1,000 Tonnes
1
23.6
21.4
See ASX announcement dated 3rd March 2022 Maiden Bryah Basin Manganese Mineral Resource
ASX: BYH | bryah.com.au
6
Share your feedback
Discover