Bradda Head Lithium "has a huge amount going on" ahead of Phase 3 drilling at San Domingo
London, UK
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August 10, 2023 09:28 AM Eastern Daylight Time
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) CEO Charlie FitzRoy speaks to Thomas Warner from Proactive London after announcing that the drill rig has been mobilised for Phase 3 drilling at the San Domingo Project in Arizona.
The company is now counting down to the second large-scale drill programme conducted in less than one year at San Domingo, following what FitzRoy identifies as impressive results from the prior programme, hitting mineralization in 60% of drilled holes. Notably, an intercept of 32m at 1.6% Li₂O was achieved, indicating high-grade mineralization compared to global standards.
FitzRoy goes on to highlights the company's dual focus on the San Domingo and Basin projects, which are located close to each other within Arizona. The Basin project is nearing the end of its drill programme, which is intended to help potentially secure a 1mln tonne resource. FitzRoy interview emphasises what he calls Bradda Head's strong position within the flourishing battery hub of the US, underscored by rising lithium prices, which now stand around $40,000 per ton.
He concludes by asserting the company's positive outlook and its progress toward completing technical studies.
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