Bradda Head upbeat on sample results from San Domingo

8th Apr 2024 11:16

(Sharecast News) - Bradda Head Lithium released results from surface channel samples conducted at the San Domingo Project in central Arizona on Monday.

The AIM-traded firm said notable findings included five metres of 2.33%, 4.1 metres of 2.81%, and four metres of 1.26% lithium oxide at the White Ridge Target, and 5.3 metres of 1.25% lithium oxide at Morning Star.

It said those results, along with other surface samples collected, were aimed at enhancing the phase two 2023 drilling programme, and validating the applicability of the technique for future surface exploration programmes planned in the third quarter of this year.

The samples were gathered from strategic targets across the San Domingo project, selected to complement drill holes containing lithium spodumene mineralisation, particularly those with potential for mineable resources.

Some locations were chosen due to newly-exposed spodumene-bearing pegmatites at new drill sites.

The White Ridge channel samples, corresponding to drill hole SD-DH23-072, confirmed the continuity of spodumene-rich pegmatite, indicating mineralisation was open to the north and at depth.

Similarly, channel samples at the Morning Star drill site, SD-DH23-090m, demonstrated continuity, with a significant cut of 5.3 metres at 1.25% lithium oxide, bolstering confidence in resource potential.

Furthermore, the channel samples at Midnight Owl likely connected to drill hole SD-DH23-049, indicating a distance of 55 metres from the surface and supporting the continuity of mineralisation.

"We are highly encouraged by the surface channel samples taken at our San Domingo Project, which was designed to test multiple sample locations and provide further data that can be integrated into our planned work programme whilst targeting resource development," said executive chair Ian Stalker.

"We believe that these high-grade samples bode extremely well for the potential of the asset in its entirety, and reaffirms favourable results from both previous sampling undertaken by Bradda, as well as the historic sampling."

Looking ahead, Stalker said the the success of the "cost-effective and efficient" technique was also a notable positive, particularly as the firm looked to further its surface exploration in the third quarter.

"This demonstrates our innovative thinking in regard to how to best maximise our resources, and so far, we are having great success."

At 1033 BST, shares in Bradda Head Lithium were up 1% at 1.52p.

Reporting by Josh White for Sharecast.com.