Exploration and corporate activities summary

Bryah Resources Limited (ASX: $BYH) has released its quarterly activities report for the period ending 31st March 2024. The report highlights the progress made in various projects, including the Lake Johnston Lithium-Nickel Project, Bryah Basin Manganese Joint Venture Project, Bryah Basin Copper-Gold Project, and Gabanintha Copper-Nickel Project. The company also provided an update on its corporate activities, including its cash position of $622,000 as at 31st March 2024.

CEO Ashley Jones on exploration progress and strategic partnerships

Bryah's CEO Ashley Jones expressed enthusiasm for the upcoming drilling at the Pegasus lithium prospect following the identification of a significant lithium anomaly. He also highlighted the positive impact of MinRes' acquisition of the Poseidon plant, which is set to become a regional lithium processing hub. Jones emphasized the potential for Bryah to benefit from third-party processing, providing a clear path to production for any discoveries. He concluded by expressing optimism for the upcoming quarter and the delivery of results at the Lake Johnston lithium project.

Exploration progress and future outlook

Bryah Resources' exploration activities have shown promising developments, particularly at the Lake Johnston Lithium-Nickel Project, where drilling is set to commence at the Pegasus prospect. The company's collaboration with MinRes for a regional lithium processing facility presents significant opportunities for future production. Additionally, the review of JORC resources at the Bryah Basin Manganese Joint Venture Project and the exploration of new copper and gold prospect areas demonstrate the company's commitment to advancing its projects. With a cash position of $622,000, Bryah Resources is well-positioned to continue its exploration and evaluation activities. The company's strategic partnerships and focus on energy metals underscore its ambitions for future growth and development.