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Bryah Resources commences follow-up drill program at manganese project

Positively, funding is being provided by its joint venture partner OM Holdings who is farming into the project.

Tenement Location Plan bryah basin manganese joint venture
The project hosts the Horseshoe South mine, the largest historic manganese mine in the region

Bryah Resources Ltd (ASX:BYH) has commenced a follow-up drill program at its Bryah Basin Manganese Project in Western Australia.

Drilling follows the 122 holes for 3,062 metres completed in May 2019 across four locations - Horseshoe South mine, Brumby Creek, Devils Hill, Black Cat.

Lab assays from that program are due later this month.

The follow up drilling is targeting the Horseshoe South mine, the Brumby Creek Prospect and other untested areas including the Black Hill and Black Caviar prospects.

Bryah expects this next phase of drilling will be completed by the end of June 2019.

READ: Bryah Resources Ltd $7.3 million manganese farm-in agreement a “game-changer”, shares up

The project is subject to a $7.3 million farm-in and joint venture agreement with a subsidiary of OM Holdings Limited (ASX:OMH).

The objective of the joint venture is to explore for commercially mineable manganese, leading to near term production.

Proactive caught up with the company in April 2019, which is when the $7.3 million joint venture was established.

Quick facts: Bryah Resources Ltd

Price: 0.048 AUD

ASX:BYH
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Market Cap: $4.66 m
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