Bradda Head Lithium ups footprint in Arizona
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) said it has expanded its footprint in Arizona, adding claims in the Central San Domingo area.
The land acquisition comes after what the company described as promising results from its first drill programme at the project, which were reported in March.
It ensures the company can fully explore all the surrounding area at its Central claim block where five historic lithium mines are located, Bradda Head added.
"We are delighted to have acquired these three claims,” Bradda Head chief executive Charles Fitzroy said in a statement. “They are located right at the heart of our San Domingo district, a district where our recent assay results have already proved to have district-scale potential with multiple areas showing promising results and high-grade lithium intersections with visible spodumene. We are looking forward to testing further in H2 of this year and look forward to further proving up the potential of this district.”
Fitzroy added: "Bradda is in the process of designing a follow-up drilling programme in H2 of this year aimed at testing additional ground within the much wider 23km2 of lithium pegmatite claims and leases held in Arizona.
“The acquisition of the inlier claims strengthens Bradda's position and funds are already in place for this planned work, and ongoing exploration work by our geologists suggests that we have only just scratched the surface of what we have at San Domingo with just over 1% of the area tested from this first programme. We look forward to sharing further developments of this exciting project.”
Fitzroy also highlighted that, besides the progress with pegmatite projects, the company also recently announced the start of drilling at the Basin Project, along with a second resource update in less than 12 months at its lithium in clay Basin project, which is also in Arizona.
“With almost 0.4Mt of LCE already in compliant resources Bradda Head now has the largest publicly announced lithium resource in Arizona and 2023 is expected to be yet another resource growth year for the company," he said.