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BRADDA HEAD LITHIUM LTD - BHLIF STOCK NEWS

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Bradda Head Lithium Ltd (BHLIF) is a North America-focused lithium development group with interests in projects in Central and Western Arizona, including the Basin Project and the Wikieup Project. The company has recently mobilized drilling equipment at the Basin Project to expand its lithium resource estimate, targeting a minimum of 2.5 million tons of Lithium Carbonate Equivalent (LCE). The drilling program aims to triple the current Inferred and Indicated Mineral Resource Estimate (MRE) and trigger a US$3 million royalty payment from Lithium Royalty Company (LRC). The successful completion of this program will position Bradda Head well in the softened lithium market for the remainder of 2024.

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Bradda Head Lithium has announced progress in its drilling program at the Basin Lithium in Clay Project in Arizona. The company aims to expand its resource to a minimum of 2.5 million tons of lithium carbonate equivalent, potentially generating a US$3.0 million royalty payment. The drilling program has shown promising results with excellent clay thicknesses and some shallower depths than anticipated, supporting the project's viability and potential. The company is on track to achieve its resource target and unlock the next royalty payment.
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Bradda Head Lithium reports high-grade channel sampling results at the San Domingo project in Arizona. Significant lithium values were found at various locations, indicating potential for mineable resources. The company's innovative surface exploration techniques show promising results for future resource development.
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Waratah Capital Advisors Ltd. discloses a 8.64% ownership stake in Bradda Head Lithium Limited through Electrification and Decarbonization AIE LP and Li Equities Investments LP. The notification was made on March 4, 2024, with a total of 33,739,569 voting rights held.
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Bradda Head Lithium Ltd announces mobilization of drilling equipment to Basin Project in Arizona to expand lithium resource estimate, targeting 2.5MT LCE. The six-hole program aims to increase the current 1.085MT LCE to over 2.5MT, triggering a US$3 million royalty payment from Lithium Royalty Company.
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Bradda Head Lithium Ltd finalizes land exchange at Wikieup clay project in Western Arizona, retaining 66 new claims while transferring 55 claims to Arizona Lithium's subsidiary. The exchange aims to avoid litigation and disruption of exploration activities, enhancing Bradda's exposure to high-quality lithium-in-clay targets.
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Bradda Head Lithium Ltd announces significant gravity low and new drill targets at Basin clay project in Arizona. Results show potential for thicker clay beds and expansion of lithium deposit. Options issued to Directors and Operational Team.
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Bradda Head Lithium Ltd announces high-grade lithium mineralization at Morning Star pegmatites in the San Domingo District, Arizona. The Phase 2 core drilling program delivered an abundance of encouraging results, confirming the potential for open-cut mining and adding value to the maiden drill program. The company is well-placed financially and geologically to maximize the value of its lithium portfolio, leveraging the strategic location of its projects in the USA.
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Bradda Head Lithium Ltd has released unaudited financial results for the nine and three-months ended 30 November 2023, showcasing positive operational and financial highlights. The updated Mineral Resource Estimate shows significant increases in inferred LCE content and in situ grade. The company has received US$2.5 million payment from Lithium Royalty Corporation and continued drilling at the San Dominog pegmatite asset with promising assay results. The Chairman, Ian Stalker, expressed optimism about the company's lithium projects in the USA and the strategy to prepare for the next wave of lithium demand.
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Bradda Head Lithium Ltd announces the final results from core drilling at the San Domingo Central target area in Arizona, with very encouraging lithium mineralization results. The company has encountered shallow lithium mineralized intercepts at the Central Target Area, with 90% of significant intercepts at <100m depth. The pegmatites at White Ridge host 7.28m of 1.27% Li2O, and other intervals with high lithium content. The company's Executive Chairman, Ian Stalker, commented that these results support their view of a near-surface potential spodumene lithium resource in the Central section of their San Domingo property. The company is encouraged by the second phase of exploration drilling and remains excited for the future at SD. The exploration campaign was designed to test for shallow lithium mineralization on targets proximal to existing roads and access. The final news release, to include results from Morning Star, will follow as soon as data finalization, compilation, and interpretation is completed.
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Bradda Head Lithium Ltd (BHL) successfully passed all resolutions at the recent AGM. The North America-focused lithium development group also provided an operational update, available on their website. For further information, contact the company directly.
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FAQ

What is the current stock price of BRADDA HEAD LITHIUM (BHLIF)?

The current stock price of BRADDA HEAD LITHIUM (BHLIF) is $0.0171 as of October 11, 2024.

What is the market cap of BRADDA HEAD LITHIUM (BHLIF)?

The market cap of BRADDA HEAD LITHIUM (BHLIF) is approximately 6.8M.

What is Bradda Head Lithium Ltd focused on?

Bradda Head Lithium Ltd is a North America-focused lithium development group with interests in projects in Central and Western Arizona.

What is the current focus of the company at the Basin Project?

The company is mobilizing drilling equipment at the Basin Project to expand its lithium resource estimate, targeting a minimum of 2.5 million tons of Lithium Carbonate Equivalent (LCE).

What are the objectives of Bradda Head Lithium Ltd's drilling program?

The objectives are to triple the current Inferred and Indicated Mineral Resource Estimate (MRE) at Basin Project and trigger a US$3 million royalty payment from Lithium Royalty Company (LRC).

How will the completion of the drilling program benefit Bradda Head Lithium Ltd?

The successful completion of the program will position Bradda Head well in the softened lithium market for the remainder of 2024.

BRADDA HEAD LITHIUM LTD

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6.85M
162.11M
51.84%
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