Business
Permission to Drill at Wikieup
Permission to Drill at Wikieup.
About this update from Bradda Head Lithium Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 5737R\n Bradda Head Lithium Ltd\n 08 November 2021\n \n \n \n 08 November 2021\n Bradda Head Lithium Ltd.\n (\"Bradda Head\", \"Bradda\", or the \"Company\")\n Permission to Drill at Wikieup\n \n Bradda Head Lithium Ltd. (AIM: BHL), the North America-focused lithium development group, announces that it has received conditional permission to begin exploration drilling at its Wikieup sedimentary claims in Central Arizona.\n \n Highlights:\n \n · Bradda Head has received permission to commence drilling at its Wikieup project, pending bond payment adjudication which is expected to complete in Q4.\n \n · Permission received refers to 9.8km2 of Bradda's Wikieup project (total 29.3km2) covering Sections 12, 13 and Wikieup NW exploration targets (https://www.braddaheadltd.com/media/image-library/wikieup-2021-drilling-programme/) representing the main area of focus for the Company.\n \n · Bradda Head has released promising initial results from its 2021 geophysics programme (RNS dated 29/10/2021) at its Wikieup project, showing clay thicknesses of up to 90 metres, comparable to Arizona Lithium's (formerly Hawkstone) Big Sandy deposit (1,850 ppm Lithium grade), which is adjacent to Bradda Head's Wikieup claims.\n \n · Drilling is expected to start in Q4, with Bradda Head already engaging the highly-respected drilling contractor Boart Longyear (RNS dated 04/10/2021) to carry out the environmentally sensitive sonic drilling programme.\n \n · This programme is focussed on claims that are approximately 20% of Bradda's sedimentary landholding (total 47km2) and has the potential to add to Bradda's existing resource (185kt LCE) at its Burro Creek East asset which covers only 2% of Bradda's claim package.\n \n · Surface samples with grades of up to 1,750 ppm lithium have been identified at Bradda's Wikieup project and our geologists are confident that the upcoming drill programme will confirm the prospectivity of the project and define additional lithium mineralisation to support a maiden resource estimate at the project in Q2 2022.\n \n Drilling can begin once the bond payment is adjudicated. Bradda has posted the necessary bonding payment required by the BLM as of 25/10/2021. Exploration permits should be issued within 30 days of bonding fees being received.\n \n Charles FitzRoy, CEO of Brad...