InvestSMART

Barys Resources Limited (ASX:BRY)

ALERT: Price-sensitive ASX Announcement for BRY
Current share price for BRY : $0.001 0 (0%)+
Release
23 Apr 2026 11:52AM
Price at Release
$0.001
Full Release
download
Summary
Barys Resources Limited (ASX: BRY) announced that its wholly-owned subsidiary, Steppe Rock Resources Ltd, has been granted an exploration licence for gold in the North Balkhash region of Kazakhstan. This licence covers 165 square kilometers and includes areas known for favorable geological structures supportive of epithermal gold mineralization. The region is recognized for its high-level epithermal gold deposits, and Barys aims to leverage its extensive geological data and reconnaissance efforts to make new gold discoveries. The company's strategic move into Kazakhstan aligns with its focus on regions with significant potential for mineral discoveries while benefiting from Kazakhstan's resources-rich environment and supportive mining policies.
Key Points
  • Gold exploration licence granted in Kazakhstan covering 165km2.
  • Tenement located in North Balkhash region with favorable structures for gold mineralization.
  • Kazakhstan known for high-level epithermal gold deposits.
  • Steppe Rock Resources Ltd is a 100% owned subsidiary of Barys.
  • Kazakhstan's mining code based on Western Australia's code.
  • Strategic move aligns with Barys' focus on mineral discoveries in resource-rich regions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.