14th Dec 2021 20:19
Bradda Head Lithium Ltd - North America-focused lithium development - Says exploration drilling at the company's Wikieup project in Arizona has started after obtaining full drilling permits. The programme is for 28 holes for a total meterage of 3,000 metres, roughly three times the size of the recent Burro Creek East drill programme.
Chief Executive Officer Charles Fitzroy says: "Bradda started and completed its first drill programme as a listed company in 2021 and has started a second far larger drill campaign before the year closes. Bradda is committed to fast-track development of its projects and expects to be announcing increases in resources in Q1 and Q2 in 2022. A very exciting year ahead as our hard work in 2021 comes to fruition."
Current stock price: 7.39 pence
Year-to-date change: up 34% from 5.5p in mid-July IPO
By Arvind Bhunjun; [email protected]
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