Bryah Resources hits sulphide mineralisation in first hole of maiden campaign
Bryah Resources (ASX: BYH) has intersected visible sulphide mineralisation in the first hole of its maiden drilling program at its flagship Bryah Basin project in Western Australia.
The sulphide-rich zone was unearthed 224m below surface and was identified by an earlier airborne electromagnetic survey.
“This week, we have hit sulphides during our first deep reverse circulation drilling program,” Bryah managing director Neil Marston said.
“This is significant because – thanks to airborne and ground electromagnetic survey work done earlier this year – this is exactly where our team said the sulphides could be,” he added.
Initial drilling kicked-off at the Jupiter prospect earlier this month, with the sulphide zone discovery at the target extending over 13m.
According to Bryah, the massive sulphide pyrite in the drill core appeared to make up to 30% of the rock mass, with samples on their way to a Perth laboratory for priority analysis.
Meanwhile, drilling of the Mars 1 target, which was also identified by electromagnetic surveying, has begun.
“With the success of this first hole, we feel a lot more confident about drilling further targets that are also based on the same survey work,” Mr Marston said.
“The lab results will be soon available to confirm the potential of this intersection,” he added.
Planned copper-gold drilling at the project will include 24-holes for 4,800m at Jupiter, Mars and Aquarius prospects.
Bryah first secured the 720 square kilometre Bryah Basin project for its copper and gold potential.
It is close to Sandfire Resources’ (ASX: SFR) DeGrussa mine and the historic Horseshoe Lights operation that was shut down in 1994.
However, while exploring for copper and gold across the tenements, Bryah stumbled across substantial manganese outcropping mineralisation.
Rock chip sampling has identified several high priority manganese prospects and returned manganese grading up to 50%.
Bryah is now looking at the possibility of advancing a near-term manganese operation that would self-fund its copper and gold exploration and development.
Drill preparation to begin a campaign across the manganese targets has begun.
By fast-tracking manganese production, Bryah hopes to take advantage of the firming steel and battery markets.
By midday, Bryah’s share price had lifted more than 4% to $0.115.