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Bryah holds three-of-a-kind

lot can happen in three years, as with our future exploration,” Marston said. campaign on the manganese front before
A Bryah Resources Ltd managing direc- “To explain the significance of that, the end of the year. It comes after the
tor Neil Marston has experienced since we need to understand that our Mount most recent programme at the Brumby
listing the company in October 2017. Labouchere prospect is close to a ma- Creek prospect returned a series of high-
Bryah was floated on the back of pro- jor geological boundary. Such basin grade hits such as 30m @ 33.6% man-
spective gold-copper tenements about margins were good locations for ancient ganese from 9m (including 16m @ 38%
150km north of Meekatharra. However, hydrothermal fluid flows to bring mineral- from 21m) and 25m @ 29% manganese
within a week of trading on the ASX, its rich water towards the surface where the from 4m (including 5m @ 36.2% from
focus pivoted towards manganese after minerals precipitate out and accumulate 23m).
Marston spotted a small mining operation over time. It is possible the manganese, The upcoming programme is likely to
on a neighbouring which is a very follow-up on pending results from the
licence from the mobile metal, has Cheval and Black Beauty targets.
top of Horseshoe accumulated on Marston said a resource estimate
Range where he the surface here for the manganese was something on
was attempting to and scavenged the Bryah’s agenda for the back half of 2021,
make a phone call. nickel, copper and potentially solving the depleting ore prob-
A lucrative JV cobalt up with it, as lem at OM’s Bootu Creek operations.
with Bootu Creek it is known to do. “One of the challenges that analysts
mine operator OM “The question have had in looking at what we’re doing
Holdings Ltd fol- for us to answer is we haven’t actually put out any mineral
lowed almost 18 is where has the resource estimates as yet, so they really
months after that n ic ke l - c o pp er- can’t do a proper valuation,” he said.
strategic shift in cobalt come from? “It was a conscious agreement with OM
direction and now, Perhaps there is that we wouldn’t try and put out JORC re-
as the third anni- a richer source sources from day one. The plan was to
versary of Bryah’s present at depth go and drill-test as many target areas as
IPO rapidly ap- beneath the man- we could and then towards the end of the
proaches, Marston ganese or horizon- programme we’ll go back and infill those
appears to have a tally nearby. That’s areas. So, next year you’ll start to see a
third mineral op- why we have start- whole lot more of a resource drill-out and
portunity in the ed with a soil sam- estimation work coming out, which will
Bryah Basin to con- pling programme of then flow through to economic assess-
sider. the area before we ments, mining lease applications and try-
In late August the get the drill rig back ing to fast-track into production.”
company reported on the ground.” Marston is by no means closing the
several promising For Marston, door on a potential gold-copper discov-
results from drilling there is no one ery either. Bryah’s recent drilling at the
at the Mount La- opportunity stand- Windalah project returned composite
bouchere prospect Bryah has been busy with the drill bit ing out above all samples of 6m @ 1.56 g/t gold from 51m
which were con- since listing in late 2017 others in Bryah’s (including 3m @ 2.71 g/t from 51m) and
firmed to be highly burgeoning portfo- 14m @ 1.02 g/t gold from 178m (includ-
anomalous in nick- lio, with each po- ing 2m @ 2.37 g/t from 184m). Copper
el-copper-cobalt. Best intercepts from tential mineral stream carrying its own mineralisation of up to 878 ppm was also
the RC drilling included 10m @ 0.13% array of benefits. And in a market which intersected in two holes.
nickel, 0.21% copper and 0.17% cobalt, is favouring early-stage exploration, he Bryah has already defined an inferred
including 4m @ 0.22% nickel, 0.38% is prepared to throw whatever he can at resource of 600,00t @ 2.2 g/t gold for
copper and 0.28% cobalt. a prospect showing signs of something 42,500oz at Tumblegum South, part of
Marston said the prospect was origi- much bigger at play. the company’s Gabanintha project, about
nally drilled back in May for its manga- “From a small explorer’s point of view, 40km south of Meekatharra.
nese potential as part of the $7.3 million there’s appetite in the financial markets “We’re looking at monetarising that
JV with OM, but the base metals results to fund greenfields exploration,” he said. through some sort of ore sale agree-
were too compelling to be ignored. “Chalice Gold Mines [Ltd’s] Julimar pro- ment or something like that,” Marston
Bryah’s JV with OM across a 660sq km ject is a fantastic result for the indus- said. “We’ve got a mining lease applica-
ground package only applies to manga- try because it’s this whole new mineral tion happening and we’re advancing it as
nese opportunities. system right under everyone’s nose. It quickly as we can because at the current
“The presence of the low-grade man- shows that if you put the right technical gold price, even a 40,000oz deposit can
ganese with the nickel-copper-cobalt team together – and we think we’ve got make some really good money.”
suggests the mineralisation may have a good technical team within our group –
been deposited from hydrothermal fluid you’ll get results.” – Michael Washbourne
flows, so we will need to test this theory Bryah hopes to roll out another drilling

Page 54 OCTOBeR 2020 aUSTRaLIa’S PaYDIRT