Further Claim Staking At The San Domingo Project

BRITISH VIRGIN ISLANDS - Bradda Head Limited has staked just under 8km2 of new lode claims at its San Domingo pegmatite district following the positive results of soil sampling completed in February 2023 and that it has identified further Spodumene in outcrops at San Domingo. As part of Bradda's ongoing geological work, an extensive soil sampling survey at San Domingo was completed earlier this year (see PR dated 09 May 2023) indicating a 9km mineralised trend of lithium-bearing minerals associated with LCT (Lithium-Caesium-Tantalum) style mineralisation. The Company continues to ground truth the identified anomalies and has now logged 387 new locations of spodumene previously unknown. Result of these positive results, the Company has now staked 101 new claims covering 7.77km2 for new claim boundaries. This strategic decision follows highly encouraging results from the soil geochemistry survey conducted in February of this year. This is the 4th round of claim expansion at San Domingo, and the land holding has grown from c.13km2 to now c.31km2 since July 2021.

The soil sampling survey conducted in February, highlighted specific areas within the existing claim block that displayed highly prospective indicators for lithium exploration. Follow-up field work on select geochemical anomalies positively identified lithium bearing minerals at nearly all anomalies, dominated by the presence of spodumene. By expanding the current claim block to trace these areas along strike, the Company aims to maximise the potential for significant lithium resources and solidify its position in the region's rapidly evolving lithium market. Additionally, the newly staked claims provide a buffer zone, ensuring effective management and protection of the company's interests in the area. With the enlargement of the claim block and ongoing groundwork by the Company's geologists, Bradda is confident in its mission to become a leading player in the Arizona lithium sector, contributing significantly to the growing demand for clean energy solutions.

The Company has mobilised a drill rig to commence its second drill programme in 12 months at San Domingo.; The programme is aimed at delineating a resource and exploring several new high priority targets and the Company anticipates making new discoveries and extending known lithium mineralisation from the previous programme.

"Following the promising initial drill results and soil sampling at San Domingo we are delighted to have staked these further 8km2 of claims, which strengthen Bradda's strategic position in Arizona and demonstrate our belief in San Domingo that it has the potential to host a significant lithium resource. San Domingo is an exceptionally exciting project for us. Our initial drilling programme demonstrated the presence of lithium across the 9km mineralised trend with intercepts of 31.85m @ 1.60% Li20. The second programme in under 12 months has just kicked off with drilling commencing this month, and we look forward to updating the market with results as they arrive. These additional claims strengthen our strategic position in the quickly developing US EV supply chain.”