Bradda Head Lithium Limited (GB:BHL) has released an update.
Bradda Head Lithium Ltd. is making significant headway in its Basin Project in Arizona, with the current drilling program aiming to double the lithium carbonate equivalent resource estimate to a minimum of 2.5 million tons. Encouraging results from the initial four drill holes suggest good continuity and thickness of lithium clays, with further drilling and updated resource estimates expected to follow. The company’s progress bolsters the potential for a US$3 million royalty payment upon reaching their resource expansion target.
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