Bryah Resources Ltd has announced its acquisition of a new exploration project: the Lake Johnston Lithium-Nickel Project.
The project is located approximately 400 km east of Perth and 200 km southwest of Kalgoorlie in Western Australia. It consists of eight exploration licence applications covering a total of 690 km2.
The exploration ground extends to within 10 km east of the world class Mount Holland Lithium mine and concentrator being developed under the Wesfarmers Limited/SQM Australia Pty Ltd joint venture. The Mount Holland Lithium project includes the Earl Grey Lithium deposit with a reported Mineral Resource of 189 million t grading 1.5% Li2O, making it a globally significant high-grade hard rock lithium deposit.
The acquisition also includes ground to the immediate west and north of Poseidon Nickel Limited’s Lake Johnston Project, which encompasses the Maggie Hays/Emily Ann mine and associated processing plant, which is currently under care and maintenance. The Emily Ann Mine historically produced 46 000 t nickel with a resource grade averaging 4.1% nickel.
Neil Marston, Managing Director, comments:
“Bryah is delighted to add prospective lithium tenements to its portfolio which already includes a copper-nickel resource at Gabanintha and an evolving manganese project in the Bryah Basin.
“Bryah is an energy metals’ focused company with copper, lithium, nickel, gold and manganese assets in Western Australia. This acquisition broadens our exploration reach. The tenements Bryah will be exploring shortly are within a region which has been proven to be highly prospective for lithium as well as nickel and copper – all vital commodities in the EV/energy storage revolution.
“Recent exploration work for lithium and nickel on our Lake Johnston tenements has been limited, however the region has huge potential for new discoveries using modern exploration techniques. We will kick off exploration and desk top studies within weeks and look forward to getting our team on the ground in 2022.”
Read the article online at: https://www.globalminingreview.com/mining/08112021/bryah-adds-lithium-nickel-project-to-its-energy-minerals-portfolio/
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