Filter by Year:2019 2018 2017 

More than three decades ago Dane Sorensen took a chance on mining and it paid off, now he hopes to inspire the next generation of Australian explorers.

Having primarily worked with junior miners like Bryah Resources in recent years, Dane said he enjoyed the open communication they offered. “Smaller companies are personable, you’re talking to the directors and the managers more directly so always have a good idea of what’s going on,” he said.

While its workers benefit from engagement with junior explorers, Dane said he had seen first-hand the importance of junior explorers to the industry as a whole.


Bryah resources Limited (ASX: BYH), a metal and mineral explorer, announced on 7th May 2019 that the company started the drilling activity at the historic Horseshoe South manganese mine within the Bryah Basin in central Western Australia. The company recently signed a $7.3 million manganese Farm-In and Joint Venture deal with OM Holdings Limited (ASX: OMH) and moved towards the drilling on priority targets at the prospect.

The Joint Venture includes a Stage 1 project expenditure of $500,000 to undertake to drill, and the company commenced it before the deadline of 30th June 2019 and started the drilling of a minimum of 3,000 metres at the prospect.


New exploration duo Bryah Resources (ASX: BYH) and OM Holdings (ASX: OMH) have kicked off a drilling program at the historic Horseshoe South manganese mine in central Western Australia’s Bryah Basin.

The campaign follows a farm-in and joint venture deal inked by the pair late last month, which involves OM Holdings earning up to 70% of Bryah’s manganese rights at the Bryah Basin project.


Bryah has moved quickly to commence drilling following the signing of a $7.3 million manganese farm-in deal with OM Holdings.

Bryah Resources Ltd's (ASX:BYH) shares are trading about 8% higher intra-day after commencing its program of manganese drilling at the historical Horseshoe South manganese mine within the Bryah Basin in central Western Australia.


Managing Director, Neil Marston, interviewed by Boardroom Media


Bryah Resources Limited (ASX:BYH) has announced it has completed the acquisition of the historic Horseshoe South manganese mine in Western Australia.

The company is pleased to advise that it has completed the purchase for a total consideration of AU$340,000, being a cash payment of AU$170,000 and the issue of ordinary shares to the value of AU$170,000. A total of 2,615,385 new shares have been issued to the vendor, Peak Hill manganese Pty Limited, at AU$0.065 per share as determined under the option agreements.


Mineral Explorer, Bryah Resources Limited (ASX:BYH) made a set of announcements on 29th April 2019 regarding acquisition of historic Horseshoe South Manganese Mine and quarterly updates.

The company announced exercising options to acquire the historic Horseshoe South Manganese Mine for a total consideration of $340,000, with a cash payment of $170,000 and the issue of ordinary shares valued at $170,000 as well as rights to prospect, explore and mine manganese ore, while having Manganese Rights over a stretch of 154km2 within the Bryah Basin in central Western Australia.

The tenements are part of the Bryah Basin Manganese Project area, the focus of exploration under a $7.3 million manganese farm-in and JV agreement between Bryah Resources and OM Holdings.
Bryah Resources Ltd (ASX:BYH) has exercised options to acquire the historical Horseshoe South Manganese Mine along with rights to prospect, explore, mine and develop manganese ore over a further 154 square kilometres within the Bryah Basin in central Western Australia.

OM Holdings Limited (ASX: OMH), entered into a binding Farm-In and Joint Venture Agreement with Bryah Resources Limited for the Bryah Basin Manganese Project. Under the Farm-In and Joint Venture Agreement for the Bryah Project, OM (Manganese) Ltd had made a payment of A$0.25 million, and it has been granted an option to acquire an initial 10% interest in the Bryah Project.


A string of non-trading days helped the Australian share market to rocket to an 11-year high with a strong across the board performance.

Every trading session was a winner with the market closing at the highest level since December 2007 on Friday.

Among the companies making headlines this week were:

Bryah Resources (ASX: BYH) and OM Holdings (ASX: OMH)

Bryah Resources is set to unlock the manganese value of its Bryah Basin project after OM Holdings agreed to earn up to 70% in the project by spending $7.3 million on exploration.

OM’s payments will be broken down in various stages and milestones, with the duo anticipating developing a near-term commercial manganese mine at the project.

“The execution of this agreement with the highly regarded OM Holdings Group is a game-changing event for Bryah and its shareholders,” Bryah managing director Neil Marston said.

Mr Marston said the joint venture de-risked Bryah’s strategy to become a manganese miner while it firms up the copper and gold potential across its tenements.