Bradda Head Lithium Ltd. Discloses 2.5mt LCE Resource in Arizona Gravity Survey

Bradda Head Lithium Ltd has unveiled groundbreaking findings from a recent gravity survey conducted at their Basin clay project in Arizona. The results, disclosed on February 14, 2024, indicate a substantial gravity low over the Basin North area, suggesting the presence of thicker clay beds that could potentially yield a remarkable 2.5 million tons of Lithium Carbonate Equivalent (LCE). This revelation marks a pivotal moment in the lithium industry, with the potential to reshape the landscape.

The extensive gravity survey covered the entire property and successfully identified gravity lows corresponding to lithium anomalies. This discovery has bolstered confidence within Bradda Head Lithium Ltd. that they can achieve their targeted resource of 2.5 million metric tons of LCE with minimal additional drilling. The implications of this development are vast, promising significant value for the project, as highlighted by the company's executive chairman, Ian Stalker.

One notable outcome of the survey is the identification of new clay and distinctive marker bed silica nodules in the Basin North area. This significant finding led to the staking of new lode and placer claims to the north, effectively expanding the potential of the clay resource. The interpretation of the gravity low as a deep, depositional center for sedimentary rocks, combined with a deep basement rock geological setting, further underscores the substantial potential of the Basin clay project.

In addition to the survey results, Bradda Head Lithium Ltd. has demonstrated its commitment to its personnel by issuing 2,850,000 new Options to certain Directors and members of the Operational Team. This strategic move aligns the interests of key individuals with those of the shareholders, emphasizing the company's dedication to investing in its human capital.

The impact of these developments has been profound in the financial markets, with Bradda Head Lithium Ltd. emerging as the top performer on AIM in London, experiencing an 11% surge. This surge is a testament to the potential value of the Basin clay project and the cost-effective nature of the survey campaign. The company's announcement not only foretells a promising future for Bradda Head Lithium Ltd. but also signals a transformative moment in the global lithium landscape.

As industry dynamics continue to evolve, Bradda Head Lithium Ltd. finds itself in a favorable position, poised to contribute significantly to the growing demand for lithium. The project's potential to meet the world's increasing lithium needs, coupled with the strategic decisions made by the company, positions Bradda Head Lithium Ltd. as a frontrunner in the lithium sector.