Bradda Head reports 'signficant' intercepts from first San Domingo holes
Latest Media
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) has reported ‘significant’ high-grade lithium-bearing intercepts at multiple locations from its first diamond core drilling programme at the San Domingo pegmatite district in Arizona.
Best of the results was 32 metres (m) at a grade of 1.6%, with Bradda Head adding that 5,700m of the 7,000m programme had now been completed with a finish this month.
A soil survey is now underway to determine the location of Phase 3 drilling to start in the second half of 2023 and explore the potential of the remaining 99% of the San Domingo claims.
This first drilling was a shallow programme in the Northern block at San Domingo, it said, with a second programme now ongoing on the Central section.
All results are due to be received by the end of June with assay results pending for the 50% of the first 36 completed holes.
In a statement, Charles FitzRoy, chief executive, commented: "These results are encouraging and set the scene for what we believe has the potential to define a world-class lithium pegmatite district in Arizona, near vital infrastructure and battery end-users within the US and the wider developing North American battery hub.
"The US is investing US$135bn in its EV and critical minerals supply chain, all Bradda's assets are located in the US for the US market, these results are therefore extremely supportive of our business model.
"Bradda is in the process of designing a follow-up drilling programme in the second half of this year aimed at testing additional ground within the much wider 23km2 of lithium pegmatite claims held in Arizona. Funds are already in place for this work.”