Bryah Resources (ASX:BYH) confirmed lithium mineralization from reverse circulation drilling at the Pegasus prospect within the Lake Johnston project in Western Australia.
Peak results included 6 meters at 303.8 parts per million of lithium oxide within a larger intercept of 12 meters at 289.9 ppm of lithium oxide, according to a Tuesday filing with the Australian bourse.
The company will undertake further assays from 1-meter intervals through areas of interest to further define the anomaly found, Chief Executive Ashley Jones said.
Bryah Resources shares rose 25% in recent trade.
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