REG - Bradda Head Lithium - Drill Permits Received for San Domingo Targets

Bradda Head LithiumAnnouncement

08/04/2025 07:00

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RNS Number : 0011E  Bradda Head Lithium Ltd  08 April 2025

08 April, 2025

 

Bradda Head Lithium Ltd

("Bradda Head", "Bradda" or the "Company")

 

Drill Permits Received for San Domingo Pegmatite Targets, Basin West lithium
in Clays Exploration Plan Accepted

 

Bradda Head Lithium Ltd (AIM:BHL), the North America-focused lithium
development group focused on developing US lithium for the US market, is
pleased to announce approval of bonding on Notice of Intent ("NOI") drilling
permits at San Domingo as well as the acceptance of the amended Exploration
Plan of Operation ("EPO") at Basin West, both in the state of Arizona and on
Bureau of Land Management ("BLM") lands.

 

Highlights:

·   Bond approval on the Dragon NOI by the BLM to build 37 drill pads on
the North and South targets;

·  Bond approval on the San Domingo North NOI by the BLM to build 35 drill
pads on the Ruby Soho, Midnight Owl, and Lone Giant targets;

·   Acquired a mineral lease for 160 acres of Arizona State Lands at San
Domingo; and

·  Acceptance of the amended EPO at Basin West by the BLM to build drill
pads and construct new access routes.

 

Ian Stalker, Executive Chair, commented:

 

"Bradda Head is now in a position to move quickly as our permits at San
Domingo have been fully approved for drilling, with a cost-effective strategy
to progress the shallow, undrilled targets that could lead us to resource
development.

 

We have already identified multiple highly prospective targets, including
Dragon where we observe a dominance of very large spodumene crystals and up to
600 meters of outcropping pegmatites with visible mineralization. At Ruby
Soho, we have seen over 250 meters of strike length and continuous lithium
mineralization. Having looked in detail at Midnight Owl, we believe a
sub-horizontal lithium-rich pegmatite went largely untested by prior drilling.
We now have the ability to quicky drill-test the concept with reverse
circulation drill holes for quicker and cheaper results. This, and follow-up
to the 8.40m of 1.17% Li2O in channel samples, indicate there are clear
targets we can easily access and drill-test in the next phase of drilling.

 

At Basin West, we are entering a new phase of exploration with the pursuit of
the Environmental Assessment (EA) and examining further exploration potential
at the Basin Project. Obtaining the EAs will allow us the opportunity to build
on the expansion of the resource to 2.81MT of LCE identified last year, on
which ourselves and the BLM remain highly encouraged.

 

This is a fantastic development that edges us towards our objective of a
potential production decision. We look forward to providing updates on
progress in due course."

 

San Domingo NOI's

Two key bonding permits were approved by the BLM for two NOI's at San Domingo,
notably Dragon and San Domingo North, where the Company has defined high
priority drill targets at Dragon, Ruby Soho and Midnight Owl. As described in
PR 03 September, 2024, the undrilled Dragon targets demonstrate excellent
channel sample geochemistry highlighted by 8.80m at 0.97% Li2O plus 174ppm
cesium and 10.40m at 0.68% Li2O and 341ppm cesium. Dragon also contains the
highest Li2O sample to date at 7.99%, highlighting the high-grade nature of
lithium mineralization across the Dragon targets. The newly discovered Ruby
Soho target, containing rock chip samples up to 3.57% Li2O along a 250m strike
length and eight samples ranging from 0.255% to 3.57% Li2O (see PR 01 October,
2024). Proposed drill sites at both targets are designed to drill proximal and
perpendicular to the strike of spodumene-bearing pegmatites.

 

The San Domingo North NOI includes several closely spaced holes at Midnight
Owl where a sub-horizontal pegmatite target has gone mostly untested by prior
drilling campaigns and was recognized during recent mapping and 3-D geologic
modeling. The target can be tested with shallow holes of 30m to 50m each.
Additional targets at Midnight Owl will test the upper-plate (above a
low-angle fault) of an untested spodumene bearing pegmatite, again with
shallow drill holes. The lower plate (below a low-angle fault with 20m offset)
contains the high-grade spodumene mineralization found in drill hole SD22-024
where 31.85m at 1.60% Li2O was encountered (see PR 06 February, 2023). The
upper plate contains outcropping and spodumene bearing pegmatite with channel
sample results identified 8.40m of 1.17% Li2O with 625ppm cesium and is an
undrilled portion of the pegmatite where prior core holes did not test this
portion of the pegmatite. Detailed surface mapping combined with excellent
lithium-rich channel samples and 3-D geologic modeling present a viable and
shallow target to potentially grow the high-grade Midnight Owl drill hole
intercepts from the 2023 drilling program.

 

San Domingo Land Acquisition

The Company has recently acquired an additional 160 acres of newly "freed-up"
Arizona State Lands in the northeastern edge of the lode claims at San
Domingo. The new land contains a portion of the Ruby Soho trend, thus, is
strategic and beneficial for future drilling along strike towards the north.
Within the new State mineral lease, a large outcrop of lithium bearing
pegmatite was found separate from Ruby Soho, on the edge of Tertiary volcanic
cover and contains rock chip samples running 1.47%, 0.80%, and 0.26% Li(2)O. A
total of ten samples have been collected in this new mineral lease, with
values ranging from 0.01% to 1.47% Li2O, all rock chip samples collected from
pegmatites.

 

Basin West EPO

The amended Basin West EPO was accepted by the Kingman BLM District office and
now moves into the NEPA (National Environmental Policy Act) process for
development of an EA (Environmental Assessment). Following our 2024 Basin
resource expansion drilling, which reached 2.81MT of LCE (See PR 01 July,
2024), undrilled targets to the west provide unbridled potential where lithium
anomalous clays are identified over much of the 11.8km(2) EPO area. The
Company will be working closely with the BLM to address all NEPA environmental
and cultural related concerns and writing of the EA. Once approved, the EA
will open our ability to continue drill-testing high quality lithium in clay
targets and continue expansion of the existing resource.

 

Qualified Person (Bradda Head)

Joey Wilkins, B.Sc., P.Geo., is Chief Operating Officer at Bradda Head and
the Qualified Person who reviewed and approved the technical disclosures in
this news release. Mr Wilkins is a graduate of the University of
Arizona with a B.Sc. in Geology with more than 39 years of experience in
mineral exploration and is a qualified person under the AIM Rules and a
Qualified Person as defined under NI-43-101. Mr Wilkins consents to the
inclusion of the technical information in this release and context in which it
appears.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET
ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF
THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE
INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS
SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

 

For further information please visit the Company's
website: www.braddaheadltd.com (http://www.braddaheadltd.com/) .

 

 

ENDS

 Contact:

 

 Bradda Head Lithium Limited                       Panmure Liberum   Shard Capital

                                Beaumont Cornish                                                    Tavistock

 Company                        Nomad              Joint Broker      Joint Broker                   Investor Relations
 Ian Stalker, Executive Chair   James Biddle /     Rauf Munir        Damon Heath / Isabella Pierre  Nick Elwes /

 Denham Eke, Finance Director   Roland Cornish                                                      Josephine Clerkin
 +44 1624 639 396               +44 20 7628 3396   +44 20 7886 2500  +44 207 186 9927               + 44 20 7920 3150

                                                                                                    braddahead@tavistock.co.uk

 

About Bradda Head Lithium Ltd.

Bradda Head Lithium Ltd. is a North America-focused lithium development
group. The Company currently has interests in a variety of projects, the most
advanced of which are in Central and Western Arizona: The Basin
Project (Basin East Project, and the Basin West Project) and the Wikieup
Project.

 

The Basin East Project has a Measured Mineral Resource of 20 Mt at an
average grade of 929 ppm Li for a total of 99 kt LCE and an Indicated
Mineral Resource of 122 Mt at an average grade of 860 ppm Li and an
Inferred Mineral Resource of 499 Mt at an average grade of 810 ppm Li for a
total of 2.81 Mt LCE. The Group intends to continue to develop its three
phase one projects in Arizona, whilst endeavouring to unlock value at its
other prospective pegmatite and brine assets in Arizona, Nevada,
and Pennsylvania. All of Bradda Head's licences are held on a 100% equity
basis and are in close proximity to the required infrastructure. Bradda Head
is quoted on the AIM of the London Stock Exchange with the ticker of BHL.

 

Forward-Looking Statements

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

 

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