06:43 AM EDT, 03/12/2024 (MT Newswires) -- Bradda Head Lithium Ltd ( BHLIF ) , a North America-focused lithium development group, earlier Tuesday said that it has initiated drilling at its Basin Project, Arizona.
The six-hole program is designed to significantly expand the company's lithium in clay Mineral Resource Estimate. The program is expected to expand the Lithium Carbonate Equivalent to more than 2.5MT from 1.085MT.
The company's shares, which remained unchanged in Canada yesterday, rose 3.5% in London Stock Exchange trading as of 8:09 am GMT on Tuesday.