Business
Basin East MRE Uploaded to SEDAR
Basin East MRE Uploaded to SEDAR.
About this update from Bradda Head Lithium Limited
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 3 March 2023\n \n \n \n \n \n \n \n \n \n Bradda Head Lithium Ltd\n \n \n \n (\"Bradda Head\", \"Bradda\", \"BHL\" or the \"Company\")\n \n \n \n \n \n \n \n \n Basin East Mineral Resource Estimate Uploaded to SEDAR\n \n \n \n \n \n \n \n Bradda Head Lithium Ltd (AIM:BHL, TSX-V:BHLI, OTCQB:BHLIF), the North America-focused lithium development group\n \n , announces that further to its press release of 16 January 2023, it has on 2 March 2023 filed a Technical Report (\"Report\") on SEDAR for the Mineral Resource Estimate (\"MRE\") for the Company's Basin East (\"BE\") asset in Arizona.\n \n \n \n \n \n The Report is available to be downloaded from Bradda Head's profile on SEDAR at www.sedar.com. A copy of the Report is also available on the Company's website,\n \n \n www.braddaheadltd.com\n \n \n .\n \n \n \n \n \n \n \n The BE MRE, reported by SRK Consulting (UK) Ltd (\"SRK\") was updated in January 2023 (see RNS dated 16 January 2023).\n \n \n \n \n \n \n \n \n \n \n \n \n \n Highlights of the BE MRE\n \n :\n \n \n ·\n Based on a 14-hole 1,177m sonic drilling programme completed in Q2 2022.\n \n \n ·\n Resulted in a 22% increase in contained lithium carbonate equivalent (\"LCE\") tonnes\n \n \n ·\n Indicated category of the MRE, all located in the upper part of the deposit, was increased by c.17%.\n \n \n ·\n Upper Clay zone expanded within the resource by 11% to 55 Mt at an average grade of 840 ppm Li.\n \n \n ·\n 2022 infill and expansion drill programme has increased the drilled area from 1.1km2 to 1.4km2 of BHL's claims in this district (see map:\n \n https://www.braddaheadltd.com/media/image-library/\n \n ).\n \n \n \n \n \n \n \n \n For further information please visit the Company's website:\n \n \n www.braddaheadltd.com\n \n \n .\n \n \n \n \n \n \n This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n \n \n \n \n \n \n \n Qualified Person - SRK\n \n \n \n The Mineral Resource statement and th...