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IN BRIEF: Bradda Head Lithium shares rise with findings in Arizona

13th Sep 2022 12:11

Bradda Head Lithium Ltd - North America-focused lithium development company - Completes drilling the first hole of its current 30-hole San Domingo pegmatite exploration programme in Central Arizona. Intersects "significant" spodumene-bearing pegmatite. Says the results strengthen its geological team's thesis that the pegmatite district may have larger structures at depth. The start of drilling follows positive results from a recent 3D mapping exercise.

"The completion of the first hole is an important milestone, signifying that we are continuing with our stated intent at San Domingo, following some really positive 3D mapping earlier this month, and it's great to have now begun drilling at the fourth asset in our Arizona and Nevada portfolio, with visible spodumene intersected at multiple depths in the first hole," Chief Executive Charles FitzRoy comments.

Current stock price: 9.47 pence, up 11% on Tuesday

12-month change: up 26%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Bradda Head Lithium
FTSE 100 Latest
Value8,809.74
Change53.53