Bradda Head identifies significant targets at San Domingo
Life Science Developments Limited (DI)
2.37p
14:39 06/04/17
North America-focussed lithium developer Bradda Head announced the identification of significant drill targets at its San Domingo pegmatite project in central Arizona on Tuesday.
Industrial Metals & Mining
5,902.24
17:14 13/11/24
The AIM-traded firm said the development followed the results from recent surface channel sampling at the Dragon target, which revealed promising concentrations of lithium oxide and elevated levels of cesium - a metal of critical economic importance.
It said the sampling at Dragon South produced notable results, including an 8.8 metre section with 0.97% lithium oxide and 174 parts per million of cesium, along with another 10.4-metre section showing 0.68% lithium oxide and 341 parts per million of cesium.
Similarly, sampling at Dragon North revealed lithium oxide concentrations with sections measuring up to 4.8 metres at 0.41% lithium oxide and cesium levels reaching 336 parts per million.
The findings indicated the presence of economically-valuable lithium and cesium mineralisation within the pegmatites, particularly at the Dragon South site, which featured extensive exposure of spodumene crystals, a key source of lithium.
Bradda Head said the presence of elevated cesium across the Dragon targets was especially significant, as the US Department of Energy considered cesium a strategic and critical metal.
Some of the samples collected recorded cesium concentrations as high as 994 parts per million, underscoring the potential economic value of the deposit.
In response to the encouraging results, Bradda Head said it had started the permitting process for up to 40 drill sites at the Dragon targets, aiming to thoroughly explore the shallow lithium mineralization identified in the area.
The company said it was also expanding its geochemical and geological data collection efforts across the broader San Domingo project, with plans to support additional drilling at other targets such as Midnight Owl, Lone Giant, Thunder, and White Ridge.
“These surface channel samples collected at the Dragon targets highlight just a few of the objectives the company is building for the next drilling program and gaining encouragement on the extent of lithium mineralisation across the entire property,” said executive chair Ian Stalker.
“As we explore new or orphaned areas, we continue to uncover new targets worthy of drill testing and hope to continue bringing value to the San Domingo pegmatite project.”
At 1405 BST, shares in Bradda Head Lithium were up 1.43% at 1.42p.
Reporting by Josh White for Sharecast.com.