HomeFinTechBryah Resources: Secures $130k EIS drilling grant

Bryah Resources: Secures $130k EIS drilling grant

Date:

TAPi Buys Mastercard’s Arcus Assets to Propel Mexico Market Entry

Strategic Acquisition Aims to Enhance Digital Payment Solutions in...

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing Landscape Highlights: The UK...

Bryah Resources Secures $130k EIS drilling grant

  • Bryah Resources (BYH) secures a $130,000 drilling grant as part of the WA Government’s Exploration Incentive Scheme (EIS)
  • In compliance with the grant, drilling must be undertaken between December 1, 2021, and November 30, 2022
  • Bryah plans to use the money to drill three holes, for 3000 metres, at the Olympus anomaly within its Bryah Basin project in central Western Australia
  • The Olympus Anomaly is a multi-element geochemical anomaly that was confirmed by infill auger soil sampling undertaken earlier in the year
  • It has similar elements to the geochemical anomaly at Bryah’s nearby Windalah copper-gold prospect
  • Shares in Bryah are down 4.62 per cent on the market and are trading at 6.2 cents
Exit mobile version