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Barys Resources Limited (ASX:BRY)
ALERT: Price-sensitive ASX Announcement for BRY
Current share price for BRY : $0.001 0 (0%)+
Announcement
Release
28 May 2026 9:11AM
Price at Release
$0.001
Full Release
Summary
Barys Resources Limited, through its subsidiary Steppe Rock Resources Ltd, has received a second exploration licence (4412-EL) in Kazakhstan, expanding their operations in the North Balkhash region. This new licence covers 170 square kilometers and is strategically located 6 kilometers south of their first exploration licence (4238-EL), granted in April 2026. Combined, the two licence areas span 335 square kilometers, rich in geology conducive to epithermal gold and porphyry copper mineralization. Kazakhstan's mining-friendly policies and underexplored gold regions since 1991 present unique opportunities for Barys. The company is aligning modern geological modelling with historical Soviet data to enhance exploration potential.
Key Points
- Second gold exploration licence granted in Kazakhstan.
- New licence EL4412 covers 170 square kilometers, south of EL4238.
- Combined licence areas span 335 square kilometers.
- Region known for epithermal gold and porphyry copper deposits.
- Kazakhstan's mining code is similar to Western Australia's, encouraging foreign investment.
- Modern exploration techniques applied to Soviet-era datasets.
- Fieldwork and satellite studies to commence in mid-2026.
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.
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