Bradda Head Lithium Regulatory News (BHL)

08 April, 2025

Bradda Head Lithium Ltd

("Bradda Head", "Bradda" or the "Company")

Drill Permits Received for San Domingo Pegmatite Targets, Basin West lithium in Clays Exploration Plan Accepted

Bradda Head Lithium Ltd (AIM:BHL), the North America-focused lithium development group focused on developing US lithium for the US market, is pleased to announce approval of bonding on Notice of Intent ("NOI") drilling permits at San Domingo as well as the acceptance of the amended Exploration Plan of Operation ("EPO") at Basin West, both in the state of Arizona and on Bureau of Land Management ("BLM") lands.

Highlights:

· Bond approval on the Dragon NOI by the BLM to build 37 drill pads on the North and South targets;

· Bond approval on the San Domingo North NOI by the BLM to build 35 drill pads on the Ruby Soho, Midnight Owl, and Lone Giant targets;

· Acquired a mineral lease for 160 acres of Arizona State Lands at San Domingo; and

· Acceptance of the amended EPO at Basin West by the BLM to build drill pads and construct new access routes.

Ian Stalker, Executive Chair, commented:

"Bradda Head is now in a position to move quickly as our permits at San Domingo have been fully approved for drilling, with a cost-effective strategy to progress the shallow, undrilled targets that could lead us to resource development.

We have already identified multiple highly prospective targets, including Dragon where we observe a dominance of very large spodumene crystals and up to 600 meters of outcropping pegmatites with visible mineralization. At Ruby Soho, we have seen over 250 meters of strike length and continuous lithium mineralization. Having looked in detail at Midnight Owl, we believe a sub-horizontal lithium-rich pegmatite went largely untested by prior drilling. We now have the ability to quicky drill-test the concept with reverse circulation drill holes for quicker and cheaper results. This, and follow-up to the 8.40m of 1.17% Li2O in channel samples, indicate there are clear targets we can easily access and drill-test in the next phase of drilling.

At Basin West, we are entering a new phase of exploration with the pursuit of the Environmental Assessment (EA) and examining further exploration potential at the Basin Project. Obtaining the EAs will allow us the opportunity to build on the expansion of the resource to 2.81MT of LCE identified last year, on which ourselves and the BLM remain highly encouraged.

This is a fantastic development that edges us towards our objective of a potential production decision. We look forward to providing updates on progress in due course."

San Domingo NOI's

Two key bonding permits were approved by the BLM for two NOI's at San Domingo, notably Dragon and San Domingo North, where the Company has defined high priority drill targets at Dragon, Ruby Soho and Midnight Owl. As described in PR 03 September, 2024, the undrilled Dragon targets demonstrate excellent channel sample geochemistry highlighted by 8.80m at 0.97% Li2O plus 174ppm cesium and 10.40m at 0.68% Li2O and 341ppm cesium. Dragon also contains the highest Li2O sample to date at 7.99%, highlighting the high-grade nature of lithium mineralization across the Dragon targets. The newly discovered Ruby Soho target, containing rock chip samples up to 3.57% Li2O along a 250m strike length and eight samples ranging from 0.255% to 3.57% Li2O (see PR 01 October, 2024). Proposed drill sites at both targets are designed to drill proximal and perpendicular to the strike of spodumene-bearing pegmatites.

The San Domingo North NOI includes several closely spaced holes at Midnight Owl where a sub-horizontal pegmatite target has gone mostly untested by prior drilling campaigns and was recognized during recent mapping and 3-D geologic modeling. The target can be tested with shallow holes of 30m to 50m each. Additional targets at Midnight Owl will test the upper-plate (above a low-angle fault) of an untested spodumene bearing pegmatite, again with shallow drill holes. The lower plate (below a low-angle fault with 20m offset) contains the high-grade spodumene mineralization found in drill hole SD22-024 where 31.85m at 1.60% Li2O was encountered (see PR 06 February, 2023). The upper plate contains outcropping and spodumene bearing pegmatite with channel sample results identified 8.40m of 1.17% Li2O with 625ppm cesium and is an undrilled portion of the pegmatite where prior core holes did not test this portion of the pegmatite. Detailed surface mapping combined with excellent lithium-rich channel samples and 3-D geologic modeling present a viable and shallow target to potentially grow the high-grade Midnight Owl drill hole intercepts from the 2023 drilling program.

San Domingo Land Acquisition

The Company has recently acquired an additional 160 acres of newly "freed-up" Arizona State Lands in the northeastern edge of the lode claims at San Domingo. The new land contains a portion of the Ruby Soho trend, thus, is strategic and beneficial for future drilling along strike towards the north. Within the new State mineral lease, a large outcrop of lithium bearing pegmatite was found separate from Ruby Soho, on the edge of Tertiary volcanic cover and contains rock chip samples running 1.47%, 0.80%, and 0.26% Li2O. A total of ten samples have been collected in this new mineral lease, with values ranging from 0.01% to 1.47% Li2O, all rock chip samples collected from pegmatites.

Basin West EPO

The amended Basin West EPO was accepted by the Kingman BLM District office and now moves into the NEPA (National Environmental Policy Act) process for development of an EA (Environmental Assessment). Following our 2024 Basin resource expansion drilling, which reached 2.81MT of LCE (See PR 01 July, 2024), undrilled targets to the west provide unbridled potential where lithium anomalous clays are identified over much of the 11.8km2 EPO area. The Company will be working closely with the BLM to address all NEPA environmental and cultural related concerns and writing of the EA. Once approved, the EA will open our ability to continue drill-testing high quality lithium in clay targets and continue expansion of the existing resource.

Qualified Person (Bradda Head)

Joey Wilkins, B.Sc., P.Geo., is Chief Operating Officer at Bradda Head and the Qualified Person who reviewed and approved the technical disclosures in this news release. Mr Wilkins is a graduate of the University of Arizona with a B.Sc. in Geology with more than 39 years of experience in mineral exploration and is a qualified person under the AIM Rules and a Qualified Person as defined under NI-43-101. Mr Wilkins consents to the inclusion of the technical information in this release and context in which it appears.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

For further information please visit the Company's website: www.braddaheadltd.com.

ENDS

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About Bradda Head Lithium Ltd.

Bradda Head Lithium Ltd. is a North America-focused lithium development group. The Company currently has interests in a variety of projects, the most advanced of which are in Central and Western Arizona: The Basin Project (Basin East Project, and the Basin West Project) and the Wikieup Project.

The Basin East Project has a Measured Mineral Resource of 20 Mt at an average grade of 929 ppm Li for a total of 99 kt LCE and an Indicated Mineral Resource of 122 Mt at an average grade of 860 ppm Li and an Inferred Mineral Resource of 499 Mt at an average grade of 810 ppm Li for a total of 2.81 Mt LCE. The Group intends to continue to develop its three phase one projects in Arizona, whilst endeavouring to unlock value at its other prospective pegmatite and brine assets in Arizona, Nevada, and Pennsylvania. All of Bradda Head's licences are held on a 100% equity basis and are in close proximity to the required infrastructure. Bradda Head is quoted on the AIM of the London Stock Exchange with the ticker of BHL.

Forward-Looking Statements

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.