Bradda Head reports 'signficant' intercepts from first San Domingo holes
A soil survey is now underway to determine the location of Phase 3 drilling
Company
LON: BHL
Bradda Head Lithium is a new breed of lithium explorer with unique exposure across all three main recognised lithium deposit types; brine, hard rock (or pegmatite) and sedimentary (or clay). The company has projects in the USA and all projects are 100% owned, located in close proximity to infrastructure and end users.
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A soil survey is now underway to determine the location of Phase 3 drilling
Bradda Head has a broad portfolio of different types of lithium mineralisation in the USA
Bradda Head said its admission to the TSX-V will not affect trading of its shares on London’s AIM nor on the OTCQB Market in North America
Ian Stalker, the company's chairman said: "The pace of development will continue through the second half of the financial year, and we look forward to updating our shareholders as we receive the exploration results"
Bradda Head has an extensive portfolio of lithium exploration ground in the USA
Bradda Head has a diverse portfolio of prospective lithium assets in North America
BEE is adjacent to Basin East where Bradda Head has a 305,000 tonne lithium carbonate equivalent resource
The test work demonstrates pre-concentration to 1,900 parts per million lithium and a potential 25% reduction in acid consumption
Bradda Head has an extensive portfolio of hard rock, clay and brine-type lithium deposits
In its July 2021 initial public offering, it raised US$8.5mln
The San Domingo district was mined for lithium in the 1940s and 1950s
Bradda Head has the money, the plan and the market. Now all it needs are the right drill results
Bradda Head said the results opened up a new potential resource area
“Positive results from this programme would likely attract attention from larger mining companies,” said chief executive Charles FitzRoy
Bradda Head has a highly attractive portfolio of assets located in Arizona and Nevada
A 44-hole drilling programme covering parts of its BE (Basin East), Basin East Extension (BEE) and Basin North (BN) is planned