Bradda Head Lithium Unveils Major Resource Expansion

Bradda Head Lithium Limited (GB:BHL) has released an update.

Bradda Head Lithium Ltd has announced a significant expansion of its Mineral Resource Estimate at the Basin Project in Arizona, revealing a total of 2.834 million tonnes of lithium carbonate equivalent across all classifications. This milestone has triggered a $3 million royalty payment from the Lithium Royalty Company, bolstering Bradda Head’s financial position for continued exploration and development activities. The company’s successful drilling program has demonstrated the project’s potential for further resource expansion, particularly in high-grade lithium zones.

For further insights into GB:BHL stock, check out TipRanks’ Stock Analysis page.