Bradda Head Lithium reports resource growth at Basin East project in ArizonaHenry Lazenby | April 8, 2022 | 12:09 pm Exploration USA Lithium Bradda Head Lithium CEO Charles FitzRoy examines outcrop above Midnight Owl pegmatite, which was previously mined in the 1940s and 50s. Credit: Bradda Head Lithium. A little more than nine months following its initial public offering (IPO), U.S.-focused junior Bradda Head Lithium (AIM: BHL, US-OTCQB: BHLIF) shares continue to fly high following the 65% resource growth at its Basin East lithium project in Arizona.With rising lithium prices, Bradda Head shares trading in London have tripled in value and continues to trade at a relatively high level on heightened investor interest.SIGN UP FOR THE BATTERY METALS DIGESTSIGN UPBradda Head announced on March 29 that based on only 1,110 metres of drilling completed on the project in 2021, the company added 120,000 tonnes of lithium carbonate equivalent (LCE) to the initial resource statement of 185,000 tonnes LCE, for an updated total of 305,000 tonnes LCE.“The increase in LCE at Basin East and assessment of exploration potential is extremely encouraging and highlights the resource growth potential,” CEO Charles FitzRoy told The Northern Miner in a recent interview.“The total drilled area at Basin East covers 2.4% of our 47 sq. km., which previously only covered just under 2%. That’s an increase of 120,000 tonnes of LCE over a drilled area increase of 0.2 sq. km. Evidence from drilling and geophysics suggests that this higher
They have great investments as well. Been supporting ZNC for years and now see great rewards: Found the above thought I would share.
ZNC Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
