Media

The ASIA Miner

A manganese joint venture between a Singapore-based miner and an Australian explorer has increased the chances of a new manganese discovery.

The unexpected agreement between a subsidiary of Singapore’s OM Holdings (OMH) and Australian Bryah Resources – a junior explorer probing the central Western Australian outback – has opened the door to the potential of new source of manganese supply.

Proactive

Bryah Resources Ltd non-executive chairman Ian Stuart has purchased 70,220 shares in the company through on-market trades.

The $3,034 purchase increased his total holdings in the company to 978,553 shares.

Proactive

Bryah Resources chief executive officer and managing director Neil Marston updates Proactive on the completion of a maiden gold mineral resource estimate at Tumblegum South Gold-Copper Prospect within the Gabanintha Project.

The estimate delivers an inferred mineral resource of 600,000 tonnes at 2.2 g/t for 42,500 ounces, which the CEO said was an "excellent outcome" for the company.

GeoDrilling International

Bryah Resources Ltd has completed the maiden mineral resource estimation at the Tumblegum South gold-copper prospect, located within its Gabanintha project, approximately 40km south of the town of Meekatharra in central Western Australia.

The Inferred mineral resource is 600,000t @ 2.2g/t Au for 42,500oz gold using a cut-off grade of 0.3g/t Au.

S&P Global Market Intelligence

Bryah Resources Ltd. is looking to sell its Tumblegum South gold-copper prospect in Western Australia to nearby mill owners, potentially including Westgold Resources Ltd. or Monument Mining Ltd., among others, now that it has a maiden mineral resource estimate.

Bryah said Jan. 29 that it had identified multiple mineralized zones at Tumblegum South, including five lodes used in estimating an inferred mineral resource of 600,000 tonnes at 2.2 g/t gold for 42,500 ounces of gold, based on 49 reverse circulation drill holes for 5,640 meters.

Proactive

Bryah Resources Ltd has delivered a maiden resource of 42,500 ounces grading 2.2 g/t gold at its Tumblegum South Gold-Copper Prospect within its Gabanintha Project, WA.

The company is now proceeding with a mining lease application and has commenced a formal process to monetise the prospect given its near-term development potential.

The Assay

Bryah Resources Limited has completed the maiden mineral resource estimation at the Tumblegum South Gold-Copper Prospect, located within its Gabanintha Project, near Meekatharra in central Western Australia.

Managing Director, Neil Marston said estimation studies had produced a robust Inferred Mineral Resource of 600,000 tonnes @ 2.2 g/t Au for 42,500 ounces gold using a cut- off grade of 0.3g/t Au.

Stockhead

There are only a handful of ASX-listed companies in the manganese game.

Over the past 12 months over half the nine stocks on Stockhead’s watchlist lost ground, with the biggest loser being OM Holdings, which wiped off 61 per cent.

But so far in 2020 all but one have remained steady or made gains. Topping the list is manganese explorer Bryah Resources with a 23 per cent gain so far this year.

The Market Herald

Bryah Resources has reported its quarterly report for the period ending on December 31, 2019.

Proactive

Bryah Resources Ltd’s December quarter has placed the company in a strong position to maintain exploration momentum at its Western Australian projects.

Work is ongoing at the Gabanintha project, including Tumblegum South Gold-Copper Prospect, and at Bryah Basin project as well as at the Bryah Basin Manganese Joint Venture with OM (Manganese) Limited (OMM).