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Bryah Resources Ltd. ( (AU:BYH) ) just unveiled an announcement.
Bryah Resources Limited, in partnership with OM (Manganese) Ltd, has successfully completed a trial using Ground Penetrating Radar (GPR) to assess manganese mineralization in the Bryah Basin, aiming to enhance exploration efficiency. Additionally, OM (Manganese) Ltd has increased its stake in the project to 60% by completing a $1.8 million earn-in, with plans to further increase its share as per the joint venture agreement. This development could potentially improve Bryah’s operational strategy and resource delineation capabilities, while upcoming environmental studies are set to evaluate the mining licenses for future development.
More about Bryah Resources Ltd.
Bryah Resources Limited is a company operating in the mining industry, focusing on the exploration and development of manganese resources. The company holds significant tenements and manganese mineral rights over parts of the western Bryah Basin in Western Australia.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$2.01M
See more data about BYH stock on TipRanks’ Stock Analysis page.
