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Western Australian gold explorer Bryah Resources (BYH) has moved to add a new Canadian asset to its portfolio through an option to acquire 100% of the Golden Pike project in New Brunswick. Bryah has signed an option term sheet to acquire the project from listed Canadian company Globex Mining Enterprises. The company will now undertake full due diligence on the project to decide whether to proceed with the acquisition.

Small Caps

Western Australian gold explorer Bryah Resources (ASX: BYH) has moved to add a new Canadian asset to its portfolio through an option to acquire 100% of the Golden Pike project in New Brunswick.

Bryah has signed an option term sheet to acquire the project from listed Canadian company Globex Mining Enterprises.

Stockhead

Bryah Resources (ASX:BYH) has pegged a high-grade gold project in Canada, locking in a two-month option to buy Golden Pike from Globex Mining. The site’s got a historical (non-JORC) resource of 66,000oz at nearly 10g/t, plus rock chips grading as high as 244g/t. If due diligence checks out, Bryah will pay in cash and shares over three years, and with gold at record highs, said it was keen to get drills running soon.

Investair

On 21 May 2025, Bryah Resources Limited (ASX: BYH) announced it had executed an option agreement with Globex Mining Enterprises to acquire the Golden Pike gold project, located in a highly prospective region. The project is supported by a JORC-compliant gold resource totaling 397,000 ounces of gold, reported at high grades (average around 2.5 g/t Au). Golden Pike covers 62.5 square kilometres and holds gold mineralisation along approximately 14 kilometres of strike, providing strong potential for resource expansion through targeted exploration and drilling.

Stockhead

Trading Halts

Bryah Resources (ASX:BYH) - announcement regarding an acquisition

Stockhead

Trading Halts

Bryah Resources (ASX:BYH) - announcement regarding an acquisition

Stockhead

Bryah Resources (ASX:BYH) has kicked off a strategic review of its gold assets in WA, citing high gold prices as the core incentive for beginning gold-focused exploration and drilling. Investors rewarded the move with a 25% uptick to BYH’s share price.

Business News

Bryah Resources Ashley Jones has stepped down as chief executive of Bryah Resources following his appointment as managing director of Star Minerals. Mr Jones will remain on Bryah Resources' board as a non-executive director.

Mining Technology

Bryah Resources is exploring mineral rights sales including nickel, copper and gold.

Australian miner Bryah Resources has withdrawn from a partnership agreement with Australian Vanadium formed to recover nickel, copper and cobalt from the tails stream of the Australian Vanadium project in Gabanintha, Australia.

Yahoo Finance

Australian miner Bryah Resources has withdrawn from a partnership agreement with Australian Vanadium formed to recover nickel, copper and cobalt from the tails stream of the Australian Vanadium project in Gabanintha, Australia.