- Bradda Head Lithium (BHLI) is releasing the latest soil sampling results from its San Domingo pegmatite claims in Arizona
- Results stem from an initial three-square-kilometre soil sampling program
- The ongoing program is designed to unlock value from the lithium-bearing pegmatite
- Soil geochemistry suggests the pegmatite swarm is largely of the type commonly associated with economic occurrences of lithium and tantalum
- Bradda Head Lithium is unchanged, trading at $0.14 at 11:27 am ET
Bradda Head Lithium (BHLI) is releasing the latest soil sampling results from its San Domingo pegmatite claims in Arizona.
The North America-focused lithium development company is headquartered on the British Isle of Man.
Results stem from an initial three-square-kilometre soil sampling program. The ongoing program is designed to unlock value from the lithium-bearing pegmatite.
Soil geochemistry suggests the pegmatite swarm is largely of the lithium-cesium-tantalum (LCT) mineralization type. The LCTY type is the most significant for lithium deposits and is commonly associated with economic occurrences of lithium and tantalum.
Key potential lithium pegmatite identifier elements were analyzed, including; lithium, niobium, cesium, and rubidium. The Midnight Owl Mine, which has been historically mined at surface and has known lithium mineralization, is where the company is currently drilling and returning strong anomalies associated with those elements.
Drilling is progressing, and the company is currently halfway through the program. Samples are currently being assayed, and results will be released before year-end once sufficient mass is received.
Permitting is also underway, and expansion programmes are being formulated on the Bureau of Land Management claims where Bradda is currently carrying out diamond core drilling.
“The soil results indicate excellent targets beyond the current drilling plan and are a further piece in the puzzle to help us understand the size potential we have at San Domingo and in unlocking the value at this lithium-bearing pegmatite opportunity in Arizona. The US is investing $135bn in developing its domestic EV and critical mineral supply chain, and our San Domingo pegmatite project is ideally situated to help with that supply and to benefit from Department of Energy funding potentially,” said CEO Charles FitzRoy.
“This soil sampling programme is another critical tool used in drill hole targeting and in confirming the prospectivity of our project at San Domingo. Alongside our pegmatite project, we are driving growth at our Basin lithium-in-clay project, with an updated resource due before year-end. Bradda’s mix of pegmatite, clay and brine assets is a big de-risker for any investor. The recent TSX-V listing will also help broaden our shareholder base.”
Bradda Head Lithium is unchanged, trading at $0.14 at 11:27 am ET.