Bradda Head Lithium completes Basin drill program, upgrades MRE to 1M tons LCE, and receives US$2.5M royalty payment.

Bradda Head Lithium Ltd reported audited financial results for FY2024, highlighting the completion of Basin drill program, upgraded MRE of 1.0 million tons LCE, and US$2.5M royalty payment. Phase 3 drill program at San Domingo yielded promising assay results, and 8km2 of new lode claims were staked. The company's net loss was US$1.5M, and cash balance was US$1.66M. Bradda Head plans to evaluate final Basin drilling results to unlock a US$3M royalty payment.