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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 Limited (VGG154091083) was notified of major holdings by Waratah Capital Advisors Ltd. and its associated entities, Electrification and Decarbonization AIE LP and Li Equities Investments LP, on November 20, 2023. The total percentage ownership of 10.17% is based on 390,609,400 issued and outstanding shares.
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Bradda Head Lithium Ltd (AIM:BHL)(TSX-V:BHLI)(OTCQB:BHLIF) announces initial results from core drilling at San Domingo, Arizona. The drilling program is 65% complete, with grades of up to 0.83% Li2O over 6.35m and 1.03% Li2O over 3.05m identified. New lithium-bearing pegmatite zones discovered at the Midnight Owl and Bolt targets, with tantalum and tin coinciding with pegmatites. The elevated Ta and Sn levels show strong comparisons to LCT-type systems found in Western Australia, pointing towards an LCT-type system. Additional holes at Bolt are in the planning stages. Core drilling continues at the Morning Star, Jumbo, White Ridge, and Joker targets. Encouragement from visual lithium mineralization at these targets.
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Bradda Head Lithium Ltd (BHL) announces positive metallurgical heavy liquid separation results from test work undertaken by the SGS Metallurgical Process Facility in Lakefield, Canada. The measured head grade of the samples reflects the high, medium, and low-grade range seen in the drilling results. The medium-grade sample produced an 'in spec' lithium oxide concentrate product with a 6.0% Li2O grade and an interpolated recovery of contained lithium to the concentrate of 50.3%. The company is undertaking a second drilling program, and metallurgical test work is on hold while collecting more representative samples. The project has 33km2 license area within the pegmatite district, and it is a historical lithium mining environment with over 7 historic mines. The company is encouraged by the results and plans to undertake a more detailed test work program in the future.
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Bradda Head Lithium Ltd (AIM:BHL)(TSX-V:BHLI)(OTCQB:BHLIF) announces that it has filed a Technical Report on SEDARplus for the updated Mineral Resource Estimate at the Company's Basin East asset in Arizona. The Report is available for download from Bradda Head's profile on SEDARplus and the Company's website. The updated Mineral Resource Estimate shows an increase in Inferred LCE content, an increase in the average in situ grade, and extensive lateral continuity of the Basin East clay package. The report was authored by Mr. Martin Pittuck of SRK Consulting (UK) Ltd and reviewed by Joey Wilkins, the Qualified Person at BHL.
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Bradda Head Lithium Ltd (AIM:BHL)(TSX-V:BHLI)(OTCQB:BHLIF) - Phase 2 drilling at San Domingo, Arizona has identified new lithium-bearing pegmatite zones. Initial results from core drilling show grades of up to 0.83% Li2O over 6.35m and 1.03% Li2O over 3.05m. The drilling also revealed tin and tantalum coinciding with pegmatites and lithium mineralization. The new Bolt target was found through soil sampling and surface mapping, and drill hole geochemical signatures correspond to LCT type found in Western Australia at the Kathleen Valley Project.
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Bradda Head Lithium Ltd announces unaudited interim results for the six and three-months ended August 31, 2023. The company's third drill program at the lithium in clay Basin project continued, with notable intervals of high lithium content. Bradda Head also requested a payment of US$2.5 million from the Lithium Royalty Corporation. The company mobilized a drill rig at its San Domingo pegmatite asset and staked new lode claims in the area.
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Bradda Head Lithium Ltd has received a US$2.5 million payment from the Lithium Royalty Corporation for surpassing 1.0Mt Lithium Carbonate Equivalent at its Basin Project in Arizona. The company plans to continue expanding the resource and has added additional mining claims to the north of the Basin North claims. The company aims to achieve a total resource of 2.5Mt LCE to receive a further US$3.0 million payment.
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Bradda Head Lithium Ltd announces significant expansion of lithium mineral resource at Basin Project in Arizona, triggering a payment of US$2.5 million. Updated Mineral Resource Estimate adds 729 kt of LCE to Inferred Mineral Resource, bringing total Inferred LCE content to 1.0 Mt. In situ grade of Inferred Basin East Mineral Resource increased by 30%. High-Grade zone with average grade of 1,300 ppm Li offers economic implications. Exploration potential indicates excellent potential to increase resource base to exceed 2.5 Mt LCE.
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Bradda Head Lithium Ltd announces its Annual General Meeting (AGM) to be held on November 23, 2023, both in-person and online via the Investor Meet Company platform. Shareholders can submit questions and attend the online AGM. Voting must be done via proxy. Contact information provided for further inquiries.
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Bradda Head Lithium Ltd. announces holdings in company
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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
OTC:BHLIF
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162.11M
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