Bradda Head Lithium Limited (GB:BHL) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Bradda Head Lithium Ltd has announced a significant expansion in their Mineral Resource Estimate at the 100% owned Basin Project in Arizona, revealing a substantial increase across Measured, Indicated, and Inferred classifications. The new resource estimate includes 99kt of lithium carbonate equivalent at 929ppm lithium in Measured classification, with total resources now comprising 20 million tonnes at 929ppm Li. Additionally, the company has triggered a $3 million payment from the Lithium Royalty Company by exceeding the contracted LCE tonnage threshold, bolstering its funding for future projects, including drilling plans at San Domingo, Arizona.
For further insights into GB:BHL stock, check out TipRanks’ Stock Analysis page.