Overview

The Wikieup project is located half way between Phoenix and Las Vegas, in the Mohave County or Arizona, and is 18km and 22km north north-west of BCW and BCE respectively.

The project area is covered by 151 BLM placer claims and 170 BLM lode claims, covering a total area of 12km2.

Through Zenolith, Bradda Head currently holds a 55% interest in the project.

Project Highlights

During October 2018, six grab samples were collected by WIM. This was followed in December 2018 by a program of surface outcrop sampling and geological mapping. A total of 156 samples were collected. Samples averaged lithium grades of 642.2 ppm Li from all samples collected, and 814 ppm Li from favourable geological units. The highest sample recorded was 1,750 ppm Li. The average potassium grades from these samples is 3.9%, being slightly higher than that at BCE.

Next Steps

A two-phase approach will be followed:

Phase 1

Following granting of the required drilling permits, a 40-hole drilling program is planned to test areas in which surface lithium-bearing clays were identified. Splits of the cores drilled will be collected and used to conduct metallurgical testing.

Phase 2

Based on the drill results, a metallurgical study will be completed, which will lead to the development of a maiden inferred MRE. Additional drilling and metallurgical studies will be performed to develop both a measured and indicated MRE.