Bradda Head Lithium Limited (GB:BHL) has released an update.
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Bradda Head Lithium Ltd is advancing its lithium exploration efforts at the Basin Project in Arizona, with a new six-hole drilling program aimed at increasing its mineral resource estimate from 1.085MT to over 2.5MT of Lithium Carbonate Equivalent. The expansion, following a successful 2023 campaign, could trigger a $3 million royalty payment from Lithium Royalty Company. The drilling, part of a strategic plan to capitalize on Arizona’s lithium-in-clay resources, is set to conclude by end of April 2024.
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