Bryah Resources Limited (ASX: BYH, 'Bryah' or 'the Company') is pleased to announce the assay results from its reverse circulation drilling (RC) on its Pegasus prospect at the Lake Johnston project.

Commenting on the results, Bryah CEO Ashley Jones said: 'The assay results from Pegasus have confirmed lithium mineralisation in the area that we have drilled, and that we are drilling in a fertile LCT system. Further assays from 1m intervals through areas of interest will be undertaken and help to build out the picture of the anomalism that we have found so far. The Lake Johnston area is highly prospective for lithium, and we will continue the approvals process to further explore the Sphinx prospect and the Roundbottom prospect where pegmatites are outcropping

Pegasus RC drilling

Following on from soil sampling completed in late 2023 and early 2024 a coherent lithium anomaly was defined on the area which was then defined as the Pegasus prospect. 1 Further soils were undertaken, a drill program designed and implemented, and all the necessary government and heritage approvals given before drilling was undertaken in late April to early May. 24 drill holes were completed for a total of 3487m to test the soil anomalies. Drill holes were sampled in their entirety in 6-meter composites and then submitted to Intertek Genalysis for a broad suite of assays including lithium, major and trace elements. Assay results were received and have been verified and interpreted. Selected intervals will be submitted on the 1m intervals to assist with the interpretation. Intervals have been selected for additional sampling which will be undertaken subject to the condition of exploration tracks as the prospect area and associated access tracks have been the subject of extensive rains over the last two months

ABOUT BRYAH RESOURCES

Bryah's assets are all located in Western Australia, a Tier One global mining and exploration jurisdiction. Strategically the Projects are energy metals focused, or able to exploit synergies of geological knowledge, locality and exploration. The Lake Johnston tenements are prospective for battery metals lithium and nickel. The corridor near Lake Johnston contains significant mines and discoveries of nickel and lithium, including the historical Maggie Hays/Emily Ann nickel deposits and the TG Metals Burmeister Project and Charger Metals' Medcalf Prospect. The prospective Bryah Basin licences cover 1,048km2 and have a potential new Volcanogenic Massive Sulphide (VMS) 'Horseshoe Lights type' mine analogue with multiple other untested targets. The area also contains extensive outcroppings of manganese, the subject of a substantial $7M joint venture with ASX listed OM Holdings Limited (ASX: OMH). OMH is a vertically integrated manganese producer and refiner with a market capitalisation of $340m. Bryah and OMH have an excellent working relationship, with OMH having already spent over $3.5 million to earn-in to the Manganese Rights of the Project. Gabanintha, near Meekatharra, has a JORC 2012 Mineral Resource for Cu, Ni, Co2 and additional structural gold potential. The copper nickel resource and identified gold mineralisation at Gabanintha will be the subject of further drill definition and a prefeasibility study to integrate the project with the Australian Vanadium Project (ASX: AVL). The resource has been defined by the drilling efforts of AVL in the development of its vanadium project and enabled Bryah to define a base metal resources inventory. Bryah's base metals inventory at Gabanintha and manganese JV in the Bryah Basin have a clear pathway to production. Bryah holds 11.86% of gold focused Star Minerals (ASX:SMS). Star has a Mineral Resource at Tumblegum South and exploration prospects in the West Bryah Basin

Contact Us

Tel: +61 8 9321 0001

Email: info@bryah.com.au

Web: http://www.bryah.com.au

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