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Bryah Resources Extends Option for Canadian Gold Project

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Bryah Resources Extends Option for Canadian Gold Project

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Bryah Resources Ltd. ( (AU:BYH) ) has provided an announcement.

Bryah Resources Limited has extended its option to acquire the Golden Pike high-grade gold project in New Brunswick, Canada, until July 11, 2025. This extension, agreed upon with Globex Mining Enterprises Inc., includes adjustments to payment schedules and exploration expenditure requirements, allowing Bryah to pay the $200,000 share component in cash or a combination of cash and shares. This strategic move could enhance Bryah’s portfolio and strengthen its position in the mining industry, potentially benefiting stakeholders by expanding its gold project holdings.

More about Bryah Resources Ltd.

Bryah Resources Limited is a mining and exploration company based in Western Australia, focusing on energy metals and leveraging geological synergies. The company holds assets in Lake Johnston, which are prospective for lithium and nickel, and the Bryah Basin, which has potential for Volcanogenic Massive Sulphide (VMS) deposits and manganese. Bryah also has interests in the Gabanintha project, which contains copper, nickel, and gold resources, and holds a stake in Star Minerals, a gold-focused company.

Average Trading Volume: 22,144,517

Technical Sentiment Signal: Sell

Current Market Cap: A$10.44M

Find detailed analytics on BYH stock on TipRanks’ Stock Analysis page.

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