18th Jul 2022 11:13
Bradda Head Lithium Ltd - North America-focused lithium development company - Mobilises drill rig at its San Domingo lithium pegmatite project in the US state of Arizona. Drill mobilised to commence immediate drilling at the project, the first drill programme since the 1950s. Programme will consist of 30 holes and will continue fieldwork at the site, including mapping, geophysics and surface sampling.
"We're very excited to understand the true extent of pegmatite mineralisation at depth, following channel sampling with grades up to 2.5% Li2O, as well as grab samples with grades up to 8% Li2O, initially taken back in 2016," says Chief Executive Charles FitzRoy.
Current stock price: 7.08 pence, up 2.5% in London on Monday
12-month change: up 29% from IPO price of 5.5p
By Heather Rydings; [email protected]
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