Market Herald logo


Be the first with the news that moves the market
  • Bryah Resources has commenced drilling at its Tumblegum South prospect in WA
  • 3D modelling has identified potential opportunities to extend the existing zones of gold mineralisation
  • A total of 16 holes have been planned
  • Once drilling is completed, Bryah Resources intends to complete a mineral resource estimate later in the year
  • Bryah’s share price is down 3.33 per cent and trading at 5.8 cents a share at 2:07 pm AEST

Bryah Resources has begun drilling at its Tumblegum South prospect in Western Australia.

Bryah has identified potential opportunities to extend existing zones of gold mineralisation, with 3D its modelling.

The modelling indicates that mineralised zones intersected in earlier drilling are generally open along strike and down plunge. Extensional drilling is justified to further test the mineralised lenses and the extent of historical underground workings.

Bryah has planned a total of 16 additional drill holes with the aim to test for a southerly plunge extension to the high-grade mineralisation intersected in two previous holes.

“The drilling forms a key part of our short-term strategy, which is to define gold mineral resources at Tumblegum South where such resources could potentially be treated through nearby gold processing facilities,” Managing Director Neil Marston said.

“We had some very encouraging results in our 2017 programme, so we look forward to completing this programme over the next fortnight and reporting the results in the weeks following,” he added.

In late 2017 a total of 26 reverse circulation holes, for 2484 metres, were completed with a best assay of 32.18g/t gold and 0.44 per cent copper from 47-48 metres down hole.

At Tumblegum South underground workings beneath a collapsed mine shaft have been intersected to a vertical depth of over 80 metres.

The mineralised zones are characterised by very tightly controlled ductile shear zones consisting of moderate to intense chlorite, phlogopite, talc alteration zones and lesser silica and sericite with quartz carbonate veining.

Once drilling results have been received Bryah intends to complete a mineral resource estimate in accordance with the JORC Code later this year.

Bryah is down 3.33 per cent and trading for 5.8 cents per share at 2:07 pm AEST.

BYH by the numbers
More From The Market Herald
The Market Herald Video

" Gold Road Resources (ASX:GOR) to acquire remaining DGO Gold (ASX:DGO) shares

Gold Road Resources (ASX:GOR) will acquire the remaining shares in DGO Gold (ASX:DGO).
The Market Herald Video

" Challenger Exploration (ASX:CEL) confirms MRE growth potential at Hualilan

Challenger Exploration (ASX:CEL) has received results from the first drillholes completed after the recent mineral resource…
The Market Herald Video

" Australian Mines (ASX:AUZ) raises $711k for Sconi activities

Australian Mines (ASX:AUZ) has raised almost $711,000 from an entitlement offer to fund activities at its…
The Market Herald Video

" Power Minerals (ASX:PNN) completes phase one drilling at Santa Ines

Power Minerals (ASX:PNN) has recently completed phase one drilling at the Santa Ines copper-gold project in…