ALBRIGHT METALS LTD — Capital/Financing Update 2017

Dec 5, 2017

ASX Announcement

6 December 2017

Gabanintha Drilling Programme Completed

Highlights:

Bryah Resources Limited has completed its first drilling programme at the Tumblegum South Gold/Copper Prospect, directly along strike from the historic Gabanintha gold mine.

26 RC drill holes for 2,484 metres completed.

First assay results expected later this month.

Bryah Resources Limited (“Bryah” or “the Company”) is pleased to announce the completion of its maiden drilling programme at the Tumblegum South Gold/Copper Prospect, located within the Company’s Gabanintha Project in central Western Australia.

The Gabanintha Project is located approximately 40km south of Meekatharra (see Figure 1). The Tumblegum South Prospect is immediately along strike from, and approximately 300 metres south of the Tumblegum pit (see Figure 2), which was mined as part of the Gabanintha gold mine between 1987 and 1992.

Drilling Programme

Bryah’s Reverse Circulation (RC) drilling programme was aimed at testing several interpreted geological structures for extensions to Au/Cu mineralisation identified by drilling completed by previous operators in the area, including 2013 drilling undertaken by Australian Vanadium Limited ( refer to BYH ASX Announcement dated 10 November 2017 for details ).

A total of 26 RC drill holes for 2,484 metres have been completed in this programme. The collar locations of the drill holes, including one hole cased for down hole electromagnetic (DHEM) surveying are shown in Figure 2. Samples have been collected at 1 metre intervals and composited to 3 metre intervals for initial analysis.

Address ASX Code: BYH Projects Level 1, 85 Havelock Street ABN: 59 616 795 245 Gabanintha – Copper, Gold West Perth WA 6005 Shares on issue: 56,100,000 Bryah Basin – Copper, Gold Tel: +61 8 9321 0001 Latest Share Price: $0.20 Email: info@bryah.com.au Market Capitalisation: $11.2M bryah.com.au

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674 samples are presently at the laboratory for analysis with the balance in transit from site. The Company expects the first analysis results to be reported later this month.

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Figure 1 – Gabanintha Location Map

Page 2 of 4

Address Level 1, 85 Havelock Street West Perth WA 6005

Tel: +61 8 9321 0001 Email: info@bryah.com.au

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Figure 2 – Drill Hole Location Plan

The Company looks forward to reporting the results of this drilling programme when available.

VTEM Survey Update

The Company has been advised by UTS Geophysics Pty Ltd (Geotech) that due to unforeseen circumstances the heli-borne Versatile Time-Domain Electromagnetic (VTEM™ Max) geophysical survey across a large portion of the Bryah Basin Project ( refer to BYH ASX Announcement dated 17 November 2017 for details ) has been delayed and is now due to commence in January 2018.

Address Level 1, 85 Havelock Street Page 3 of 4 West Perth WA 6005

Tel: +61 8 9321 0001 Email: info@bryah.com.au

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The Company will provide an update once Geotech mobilise to site.

For further information, please contact:

Neil Marston

Managing Director

Tel: +61 9321 0001

About Bryah Resources Limited

In October 2017 Bryah Resources Limited raised $5 Million and was admitted to the official list on the Australian Securities Exchange (ASX). The Company is a copper/gold focused explorer with 2 projects located in central Western Australia, being the 718 km[2] Bryah Basin Project and the 202km[2] Gabanintha Project. At Gabanintha, Bryah holds the rights to all minerals except Vanadium/Uranium/Cobalt/Chromium/ Titanium/Lithium/Tantalum/Manganese & Iron Ore. Australian Vanadium Limited retains 100% rights in the V/U/Co/Cr/Ti/Li/Ta/Mn & iron ore on the Gabanintha Project.

Bryah Resources Limited’s exploration strategy is:

• to apply the best and latest exploration methods to evaluate the ground;

• to use high resolution geophysics to identify deeper structures and potentially mineralised zones;

• to drill test targets below the depth of previous drilling, and

• to apply maximum funds on exploration activities.

Competent Persons Statement

The information in this announcement that relates to Exploration Results is based on information compiled by Mr Stuart Hall, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Hall is a director of Bryah Resources Limited (“the Company”). Stuart Hall has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Stuart Hall consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.

Address Level 1, 85 Havelock Street Page 4 of 4 West Perth WA 6005

Tel: +61 8 9321 0001 Email: info@bryah.com.au