Bryah Resources Limited (ASX: BYH) has released its maiden Manganese JORC Resource for the Bryah Manganese project in Western Australia.
Bryah owns 49% of the manganese rights in a Joint Venture with OM (Manganese) Ltd, a wholly owned subsidiary of OM Holdings Limited.
Highlights:
- Total Inferred and Indicated JORC 2012 compliant Mineral Resource 1.84 Million tonnes (MT) at 21% Mn
- Mineral Resource includes 0.65 MT at 20% Mn on a granted Mining Lease M52/806
- Indicated Mineral Resources of 1.08 MT at 22% Mn and Inferred Mineral Resources of 0.75MT at 20% Mn
- Maiden Mineral Resources estimated over Area 74, Brumby Creek, Black Hill and Horseshoe areas, over six prospects in total
“We are very pleased to announce the Maiden Mineral Resource for the Bryah Basin JV Project with OM Manganese,” CEO Ashley Jones said.
“The JV with OMM has allowed us to drill these targets out and convert them to Indicated and Inferred Mineral Resources.
“These Mineral Resources will now underpin mining licence applications in the Brumby Creek and Black Hill locations.
“The Horseshoe South area Mineral Resources are already located on a granted mining lease and this will take us one step closer to where we want to be – producing manganese.
“The manganese cut off parameters at 15% are high relative to many of our peers, which we anticipate will result in potentially higher yields to make a saleable manganese product.
“Having historical production from the area gives us confidence in progressing towards a production outcome.
“The success of the GAIP geophysics in the last year and the planned new GAIP surveys will allow us to rapidly test the potential for further targets along the prospective Horseshoe Formation. The surveys will be followed up with RC drilling later this year.”
Manganese defined as a critical mineral by many countries, including the United States for its use in steelmaking and batteries.
For further information please visit: https://www.bryah.com.au
