Bradda Head Lithium receives Eureka drilling permits

The permission received refers to a 23-hole, 1050 m exploration drilling programme at the company’s Eureka asset in Central Nevada, not far from Tesla's Gigafactory and Albemarle's existing Silver Peak Lithium mine, notably the only US lithium mine in operation currently.

Drilling at Eureka can begin once the bond payment is adjudicated. Bradda Head has posted the necessary bonding payment totalling US$7870 required by the BLM. Exploration permits should be issued within 30 days of bonding fees being received.

Zonge Engineering and Terravision Exploration previously carried out MT and GPRplus^TM surveys, respectively, at Eureka. The MT survey showed the presence of a potential brine reservoir at varying depths (300 m to 2000 m) over a 12 km strike length, while the GPRplus^TM survey showed the presence of potential clay material, like that seen at Bradda's other sedimentary assets (Basin and Wikieup Projects) down to a depth of approximately 100 m. Previous limited and shallow surface sampling returned grades of up to 550 ppm at Eureka.

Charles FitzRoy, CEO of Bradda Head, commented:

“The receipt of conditional drilling permissions represents the next stage of our exploration at Eureka and is yet another sign that Bradda Head is continuing to fast-track efforts to unlock the value of its assets.

“Having contracted widely respected Zonge Engineering and Terravision Exploration to carry out geophysics surveys, we are now moving to the next phase of exploration at Eureka, to test the potential for a clay project as well as brine.

“Eureka has additional benefits in that it has demonstrated considerable geothermal potential. This is a key point as it could enable us to lower our carbon footprint and running costs for lithium extraction from Eureka – mirroring Bradda’s vision and strategy.”

Read the article online at: https://www.globalminingreview.com/mining/16032022/bradda-head-lithium-receives-eureka-drilling-permits/