Bryah is looking for new mineralised areas with regional drilling
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Bryah has kicked off a 5,000m aircore drill program to investigate the extent and zonation of the Lady Alma Layered Igneous Complex near Meekatharra.
The complex, which hosts the Australian Vanadium project, is an underexplored but highly prospective environment with the potential to host nickel-copper-gold and platinum group elements (PGE) mineralisation.
Bryah Resources (ASX:BYH) is carrying out the drilling in collaboration with Australian Vanadium (ASX:AVL), with the Western Australian Department of Mines, Industry Regulation and Safety contributing towards drilling costs through a Exploration Incentive Scheme grant of up to $53,000.
Samples from the drilling will be assayed for an extensive suite of elements to advance the understanding of the Lady Alma Layered Igneous Complex (LALIC).
The drilling also aims to define the margins and magmatic evolution of the layered intrusion.
Bryah owns mineral rights for gold, copper, nickel and PGEs while AVL is testing for new cobalt, chromium, vanadium and titanium horizons.
“Recent exploration has identified that the Lady Alma Layered Igneous Complex hosts copper, nickel, cobalt and gold as well as the high-grade vanadium deposit held by AVL,” Bryah managing director Neil Marston said.
“Information from this regional drilling program should advance our understanding of the exploration opportunities within the project area.”
The 138-hole aircore drill program will be carried out on five traverses and is expected to be completed within three to four weeks.
A full suite of data including whole rock geochemistry, rare earth elements and trace elements will be collected from bottom of hole samples.This dataset will be applied in studies aimed to determine chemical zonation of the LALIC, to identify horizons that may be prospective for economic metal concentrations.
Potential economic concentrations of nickel, copper, chromium and/or PGEs may be present in the more basal parts of the LALIC.
Results from drilling will assist in determining the base and the top of the intrusion, both potential locations for mineralisation.
Both companies had previously identified the potential for nickel-copper-cobalt sulphides in the silicate matrix of high-grade vanadium-titanium magnetite horizons that form the basis of Australian Vanadium’s bankable feasibility study.
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.