A 1,000m reverse circulation drilling program will test targets at the Bryah Basin Manganese Project, around 150km north of Meekatharra in WA, with a plan to commence manganese production.

Bryah Resources (ASX:BYH) and OM Holdings Ltd (ASX:OMH) have a joint venture to undertake exploration at the Bryah Basin Manganese Project where Gradient Array Induced Polarisation (GAIP) surveys have been completed in the Horseshoe Mine prospect area.

BYH CEO Ashley Jones said targets generated over the Horseshoe South and Black Hill areas will be tested this week with a 1000m drill program, where existing heritage surveys have been undertaken.

“The geological interpretation combined with the GAIP survey identified areas that could be prospective channel manganese targets,” he said.

“The strategy to target potential manganese under cover and assess new areas to reach a critical mass is aimed at restarting mining operations in the area.

“Results from the March drill program are still expected through the assay laboratories in the next month.”

Extensive outcroppings of manganese

The Bryah Basin licences cover 1,048km2 and also have a potential new Volcanogenic Massive Sulphide (VMS) ‘Horseshoe Lights type’ mine analogue at the Windalah copper-gold prospect, as well as multiple other similar untested targets.

This area also contains extensive outcroppings of manganese, the subject of a substantial $7M joint venture with ASX listed OM Holdings Limited (ASX: OMH).

OMH is a vertically integrated manganese producer and refiner with a market capitalisation of over $600m.

OMH has already spent more than $2 million to earn-in to the manganese rights of the project.

 

 

 

This article was developed in collaboration with Bryah Resources, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

 

Read MoreManganese

Featured Companies

You might be interested in