Bradda Head Lithium Limited (GB:BHL) has released an update.
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Bradda Head Lithium Ltd has announced a significant expansion in their Mineral Resource Estimate at the 100% owned Basin Project in Arizona, revealing a substantial increase across Measured, Indicated, and Inferred classifications. The new resource estimate includes 99kt of lithium carbonate equivalent at 929ppm lithium in Measured classification, with total resources now comprising 20 million tonnes at 929ppm Li. Additionally, the company has triggered a $3 million payment from the Lithium Royalty Company by exceeding the contracted LCE tonnage threshold, bolstering its funding for future projects, including drilling plans at San Domingo, Arizona.
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