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BYH - Bryah Resources

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Bryah Resources Limited is a Perth-based mineral exploration company with a focus on exploration for high-grade copper-gold and manganese resources located in its two projects areas in the Bryah Basin and at Gabanintha in the Meekatharra region of Western Australia.



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Bonanza gold grades reported at BYH's Gabanintha Project.

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These assay results look great: shallow mineralisation and high grades. Lots of potential here if further drilling reveals more mineralisation.

Unsurprisingly, the BYH share price has jumped 54.2% today to 9.1c with an intraday high of 11.5c. Market cap still under $10 million.

BYH looks like one of the better small cap gold miners around at the moment. Watching with interest.
 
Australian Vanadium AVL has secured an Australian Government grant of up to $49m to advance its namesake project.

The grant includes BYH’s collaboration on the recovery of 16.1Mt grading 762ppm nickel, 212ppm copper and 231ppm cobalt from the vanadium tails stream.

BYH, which has retained all the nickel and copper rights over the project, will now be working with AVL to complete a feasibility study to recover them from the tails stream.

Previous metallurgical test work has shown a floatation circuit can make a sulphide concentrate of up to 6.3% base metals copper, cobalt and nickel, BYH CEO Ashley Jones says.

Importantly, throughout the BFS, AVL has provisioned space in the plant design for the floatation circuit.
“Bryah benefits from the portion of the grant to finalise studies, and benefits from the whole grant as it moves AVL closer to developing the Australian Vanadium Project."
 
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