Bradda Head Lithium Ltd Announces San Domingo Drilling Results

Bradda Head Lithium Ltd Announces San Domingo Drilling Results

San Domingo Drilling Results Demonstrate Further Potential for an Extensive Lithium Pegmatite District in Arizona

Bradda Head Lithium Ltd. (AIM:BHL)(TSXV:BHLI)(OTCQB:BHLIF) ("Bradda Head", "Bradda", "BHL" or the "Company"), the North America-focused lithium development company, announces significant high grade lithium bearing minerals intercepted at multiple locations from the initial set of results from its first diamond core drilling programme at the Company's 23km2 San Domingo pegmatite district in Arizona. BHL has intersected 31.85 meters at 1.60% Li2O in drill hole SD22-024 which includes 3.21 meters at 3.74% Li2O[1]. This is the first extensive drilling campaign undertaken at San Domingo since the 1950's and is the maiden program under BHL

Highlights include:

· 31.85m @ 1.60% Li2O (including 3.90m @ 2.88% Li2O, and 20.03m @ 1.97% Li2O (including 7.06m @ 1.92% Li2O, 3.21m @ 3.74% Li2O and 3.81m @ 3.25% Li2O)) in SD-DH22-024

· 9.75m @ 0.78% Li2O (including 5.36m @ 1.20% Li2O) in SD-DH22-003

· 4.27m @ 1.86% Li2O in SD-DH22-005

· 2.44m @ 1.63% Li2O in SD-DH22-001

Summary:

· Bradda Head commenced a 7,000m diamond core drilling programme at its San Domingo lithium pegmatite district in Arizona in Q3 2022 as a first pass exploration effort. Once completed, this programme (see map below) will have tested just over 1% of the 23km2 that Bradda holds in Arizona.

· Out of the 7,000m planned, 5,700m (36 holes completed so far) have been drilled with positive results, as set out in the table below. Partial assays have been received back with Lithium bearing minerals observed in c.75% of the holes drilled. This first pass phased drilling programme is expected to be completed by the end of February.

· Based on the success of Phase 1 at the Northern Claim block (see map) as highlighted by the results noted above, Bradda Head has already commenced a detailed soil survey over its entire 23km2 land package (see PR dated 21 November 2022). Remaining drilling results of the programme will be reported as and when received.

· The above detailed soil survey programme is scheduled to be completed by early March and along with an ongoing structural mapping programme, will be used to more accurately and efficiently target our Phase 3 drilling programme (due to start H2 2023) building on areas covered by Phase 1 and 2 (Central Claim block), and also to explore the potential at the c.99% of our claims at San Domingo that remain untested.

· It is Important to note that this first programme has been focussed on shallow drilling and with positive intersections of lithium mineralisation recorded at shallow depths (from surface in some holes) in multiple locations across an area in the Northern claim block at San Domingo (see map and hole 24 cross-section below), where partial assays have now been received. A shallow Open Pit Mining approach therefore seems the route to follow.

· Phase 2 of this programme at the Central Claim Block has commenced; assays are pending.

· North American assay laboratories are currently running at capacity and as a consequence turnaround times on assay reporting are excessive, +8 -12 weeks on occasions, as well as being subject to last minute delays and disruption. Bradda therefore expects all results to be received by the end of H1 2023.

· Assay results for c.50% of our 36 completed holes are pending.

Charles FitzRoy, CEO of Bradda Head Lithium, commented:

"These results are encouraging and set the scene for what we believe has the potential to define a world class lithium pegmatite district in Arizona, near vital infrastructure and battery end-users within the US and the wider developing North American battery hub. The US is investing US$135bn in its EV and critical minerals supply chain, all Bradda's assets are located in the US for the US market, these results are therefore extremely supportive of our business model. ESG is front and centre in our approach and we are working to develop these assets with as low a carbon footprint as possible.

"The initial results from this first drill programme at San Domingo highlights a distinct district scale potential. As a result, Bradda is in the process of designing a follow-up drilling programme in H2 of this year aimed at testing additional ground within the much wider 23km2 of lithium pegmatite claims held in Arizona. Funds are already in place for this work, and ongoing exploration work by our geologists suggests that we have only just scratched the surface of what we have at San Domingo with just over 1% of the area tested from this first programme. We intend to keep the market updated on our progress and we look forward to sharing further developments of this exciting project.

"As well as progressing its pegmatite projects, Bradda Head recently announced a 2nd resource update in less than 12 months at its lithium in clay Basin project in Arizona. Further drill programmes are planned to start at the Basin in H1 of this year, which we believe will likely lead to further resource growth at our flagship clay asset. With almost 0.4Mt of LCE already in compliant resources Bradda Head now has the largest publicly announced lithium resource in Arizona and 2023 is expected to be yet another resource growth year for the Company!

"The success of our current programmes at our San Domingo Pegmatites, and also at our Lithium in Clay Basin Project, both located in Arizona, USA, continue to highlight the risk diversification approach followed by Bradda that separates us from many of our peers in the 'Lithium' space."

San Domingo Overview map:

Bradda Head Lithium Limited, Monday, February 6, 2023, Press release picture

Phase 1 - Northern Claim Block:

Bradda Head Lithium Limited, Monday, February 6, 2023, Press release picture

Hole 24 Cross-section:

Bradda Head Lithium Limited, Monday, February 6, 2023, Press release picture

San Domingo Phase 1 drill highlights so far:

Phase

Drill Hole Number

From* (m)

To (m)

Interval (m)

Lithium Oxide (Li2O) %

Target Area


SD-DH22-001

27.43

29.87

2.44

1.63

Northern Claims

SD-DH22-001

59.31

68.28

8.96

0.48

Northern Claims

SD-DH22-002

23.04

25.73

2.68

0.04

Northern Claims

with

34.67

35.27

0.58

0.06

Northern Claims

SD-DH22-003

0

9.75

9.75

0.78

Northern Claims

1

with

0

5.36

5.36

1.20

Northern Claims

and

9.75

22.86

13.11

0.05

Northern Claims

SD-DH22-004

44.93

50.23

5.3

0.07

Northern Claims

SD-DH22-005

0

4.27

4.27

1.86

Northern Claims

and

40.84

53.49

11.8

0.04

Northern Claims


SD-DH22-006

8.53

11.13

2.59

0.05

Northern Claims

and

11.89

28.35

16.15

0.02

Northern Claims

SD-DH22-007

14.63

16.76

2.13

0.03

Northern Claims

SD-DH22-008

106.34

112.78

6.43

0.04

Northern Claims

SD-DH22-009

No significant Intercepts

Northern Claims


SD-DH22-010

2.29

27.04

16.85

0.16

Northern Claims

with

4.08

20.33

8.36

0.21

Northern Claims

and

35.11

38.86

6.43

0.09

Northern Claims

SD-DH22-011

2.74

6.71

3.96

0.44

Northern Claims

and

48.16

50.72

3.69

0.05

Northern Claims


SD-DH22-012

No significant Intercepts

Northern Claims

SD-DH22-013

175.26

178.19

2.93

0.13

Northern Claims

SD-DH22-014

3.96

6.40

2.43

0.22

Northern Claims

SD-DH22-015

8.53

10.67

2.13

0.29

Northern Claims

SD-DH22-016

No significant Intercepts

Northern Claims

1

SD-DH22-017

No significant Intercepts

Northern Claims

SD-DH22-018

Results Pending

Northern Claims

SD-DH22-019

Results Pending

Northern Claims

SD-DH22-020

Results Pending

Northern Claims

SD-DH22-021

Results Pending

Northern Claims


SD-DH22-022

Results Pending

Northern Claims

SD-DH22-023

Results Pending

Northern Claims

SD-DH22-024

26.82

58.67

31.85

1.60

Northern Claims

with

26.82

30.72

3.90

2.88

Northern Claims

with

38.65

58.67

20.03

1.97

Northern Claims

with

38.65

45.72

7.06

1.92

Northern Claims


with

49.83

53.04

3.21

3.74

Northern Claims

And

54.86

58.67

3.81

3.25

Northern Claims

SD-DH22-025

Results Pending

Northern Claims

SD-DH22-026

Results Pending

Northern Claims

SD-DH22-027

Results Pending

Northern Claims

* All drill holes commenced at surface

Background

The Phase 1 and 2 7,000m diamond core drilling programme was designed to test the thesis that San Domingo is similar in structure to other well-known zoned pegmatites.

Following on from SRK's 3D remote mapping of the Company's whole San Domingo claims, and Bradda's geological fieldwork, the Company decided to increase its claims by 75% to cover 23km2 in 2022, thereby strengthening its position in what Bradda believes has the potential to be a world class lithium district[2].

In 2022 Bradda completed a soil sampling survey covering c.11% or just under 3km2 of its 23km2 of pegmatite ground in Arizona, yielding highly prospective follow-up drill targets and a 3km trend on the area covered by the soil sampling (see PR dated 21 November2022) with the same elemental signatures that have been seen at known lithium mineralisation locations globally. The programme is now being expanded to cover the remaining 20km2 not extensively soil sampled, with consultants currently in the field collecting samples.

The soil geochemistry suggests that the pegmatite swarm is largely of the LCT (lithium-caesium-tantalum) mineralisation type, the most significant for lithium deposits and what is commonly associated with economic occurrences of lithium and tantalum. LCT-type pegmatites are generally found in the Western Australian pegmatite district, like Tianqi and Albemarle's joint-venture Greenbushes lithium mine.

Bradda is proactively doing everything commercially possible to sample our entire pegmatite district to ensure follow-up drill programmes hit more high-priority targets and to continue to keep intersecting further lithium bearing pegmatites. Bradda has a 10,000m drill programme planned to start in the second half of 2023, using data from the wider soil sampling, current drilling, SRK pegmatite mapping and the upcoming structural mapping programme.

Previous surface sampling at named outcropping pegmatites in the San Domingo claim blocks returned individual sample grade highlights of:

· Midnight Owl: 1.44% Li2O

· Joker: 0.35% Li2O

· White Ridge: 2.49% Li2O

· Lower Jumbo: 1.62% Li2O

· Sunrise: 0.67% Li2O

· North Morning Star: 0.92% Li2O

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

Qualified Person (BHL)

Joey Wilkins, B.Sc., P.Geo., is Head of North America at BHL 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 37 years of experience in mineral exploration and is a Qualified Person under the AIM Rules and a Qualified Person as defined under Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Core samples were split on site and bagged with sample tracking tags. Samples were shipped by the company directly to SGS Laboratories in Burnaby, B.C., Canada where SGS prepped then analysed all samples using sodium peroxide fusion combined ICP-AES and ICP-MS, method GE_ICM90A50. Certified standards were inserted into the sample stream and reviewed by the QP. 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.

ENDS

For further information, please contact:

Bradda Head Lithium Limited

+44 (0) 1624 639 396

Charlie FitzRoy, CEO

Denham Eke, Finance Director

Beaumont Cornish (Nomad)

James Biddle/Roland Cornish

+44 20 7220 1666

Peterhouse (Joint Broker)

+44 207 469 0930

Charles Goodfellow

Duncan Vasey

Lucy Williams

Shard Capital (Joint Broker)

+44 207 186 9927

Damon Heath

Isabella Pierre

Red Cloud (North American Broker)

+1 416 803 3562

Joe Fars

Tavistock (PR)

+ 44 20 7920 3150

Nick Elwes

Adam Baynes

braddahead@tavistock.co.uk

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.

As previously announced in press release on 16 January 2022, the Basin East Project has an Indicated Mineral Resource of 21.2 Mt at an average grade of 891 ppm Li and 3.5% K for a total of 100 kt LCE and an Inferred Mineral Resource of 73.3 Mt at an average grade of 694 ppm Li and 3.2% K for a total of 271 kt LCE. In the rest of the Basin Project SRK has estimated an Exploration Target of between 300 to 1,300 Mt of material grading between 600 to 850 ppm Li which is equivalent to a range of between 1 to 6 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, on the TSX Ventures exchange with a ticker of BHLI, and on the US OTCQB market with a ticker of BHLIF.

Competent Person SRK

The Mineral Resource statement for the Basin Project was authored by Martin Pittuck, CEng, MIMMM, FGS who works for SRK Consulting (UK) Ltd, an independent mining consultancy. Mr. Pittuck has over 25 years' experience undertaking and reviewing Mineral Resource estimates and has worked on lithium clay estimates for over 5 years. Mr. Pittuck consents to the inclusion of the resources information in this press release and context in which they appear. Martin Pittuck is a Qualified Person as defined under NI 43-101.

Reference is made to the report entitled "Independent technical report on the Basin and Wikieup Lithium clay projects, Arizona, USA" dated October 18, 2022 with an effective date of June 10, 2022 was prepared by Martin Pittuck, CEng, MIMMM, FGS, and Kirsty Reynolds MSci, PhD, FGS and reviewed by Nick Fox MSc, ACA, MIMMM. The Report is available for review on SEDAR (www.sedar.com) and the Company's website www.braddaheadltd.com.

Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, following: The Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: failure to identify mineral resources; failure to convert estimated mineral resources to reserves; delays in obtaining or failures to obtain required regulatory, governmental, environmental or other project approvals; political risks; future operating and capital costs, timelines, permit timelines, the market and future price of and demand for lithium, and the ongoing ability to work cooperatively with stakeholders, including the local levels of government; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices; delays in the development of projects, capital and operating costs varying significantly from estimates; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains; and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

[1] Core length

[2] See PRs dated 21 November 2022, 13 September 2022, 08 August 2022, 18 July 2022, 21 June 2022 and 02 November 2021.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE:Bradda Head Lithium Limited



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TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

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39,739,569

10.17%

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39,739,569

10.17%

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Type of financial instrument

Expiration
date

Exercise/
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Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expiration
datex

Exercise/
Conversion Period

Physical or cash

Settlement

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)

X

Name

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

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6.03%

6.03%

Li Equities Investments LP

4.15%

4.15%

Waratah Advisors GP I Limited

0%

N/A

0%

Waratah Capital Advisors Ltd.

0%

N/A

0%

2401261 Ontario Inc.

0%

N/A

0%

10. In case of proxy voting, please identify:

Name of the proxy holder

N/A

The number and % of voting rights held

N/A

The date until which the voting rights will be held

N/A

11. Additional information

Waratah Advisors GP I Limited is the general partner of Electrification and Decarbonization AIE LP and Li Equities Investments LP and has delegated investment management to Waratah Capital Advisors Ltd. ("Waratah"), which is a wholly owned subsidiary of 2401261 Ontario Inc.

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This notification is being made pursuant to Regulation 25.3 of the issuer's articles of association and pursuant to DTR5.

Place of completion

Toronto, Canada

Date of completion

21/11/2023

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Bradda Head Lithium Limited



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- Both parties will jointly develop a business and technical partnership to deliver scalable energy solutions, with contracts to be finalised in early 2025

Management Comment - CEO Iggy Tan

"This Letter of Intent marks a significant milestone for Altech Batteries as it represents our first offtake agreement for the CERENERGY(R) GridPack Battery Energy Storage System. The interest shown by the Schwarze Pumpe Industrial Park Association (ZISP) in our technology is a clear signal of growing demand for innovative energy storage solutions, particularly as industries shift toward 100% renewable energy.

It's encouraging to see potential customers like ZISP recognise the value of our scalable and reliable battery systems. This LOI not only validates the commercial potential of our CERENERGY(R) technology but also supports our future growth strategy, as securing such agreements strengthens Altech's position for project financing and expansion.

We're excited to continue working closely with ZISP, and we believe this partnership will pave the way for future demand as the industrial park moves toward a green energy future. With the first delivery expected mid-2027, this agreement is just the beginning of what we expect will be a significant increase in battery demand."



About Altech Batteries Ltd:  

Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

News Provided by ABN Newswire via QuoteMedia

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Altech Batteries Ltd  Results of Entitlement Issue

Altech Batteries Ltd Results of Entitlement Issue

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) provides the following update regarding its Entitlement Issue as announced on 7 August 2024.

The Company received applications from eligible shareholders as well as the underwriter amounting to $6,473,205. This represents 161,830,134 shares at $0.04 per share and 80,915,359 free-attaching options with an exercise price of $0.06 per share and expiring 31 December 2025.

The shares and options will be issued and allotted on 17 September 2024 and application for quotation of shares and options on the ASX will be made on 17 September 2024.

Altech's CEO and MD Iggy Tan stated "On behalf of the Board of Directors, I wish to thank all eligible shareholders that participated in the Entitlement Issue and for the support extended to Altech as it moves forward with both its CERENERGY(R) battery project as well as Silumina AnodesTM battery materials project.

In addition, the partial underwriting of the Entitlement Issue for $5,000,000 by MAA Group Berhad, an existing shareholder associated with Altech director Tunku Yaacob Khyra, sends a strong message of support. With the positive Definitive Feasibility Study and excellent economics for the 120MWh CERENERGY(R) battery project having been released in March 2024, Altech is extremely focused on securing offtake as well as finance to commence plant construction".



About Altech Batteries Ltd:  

Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

News Provided by ABN Newswire via QuoteMedia

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CleanTech Lithium PLC Announces Community Support for Laguna Verde Project

CleanTech Lithium PLC Announces Community Support for Laguna Verde Project

Indigenous community leader publicly endorses Laguna Verde project at key mining seminar in Santiago, Chile

CleanTech Lithium PLC (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF), an exploration and development company advancing sustainable lithium projects in Chile, participated in the Centre for Copper and Mining Studies ("CESCO") seminar in Santiago, a prominent annual seminar for the mining sector in Chile, and received public support from the local indigenous community for its Laguna Verde project. Executive Chairman and Interim CEO, Steve Kesler, presented and reinforced the Company is ready to begin project construction by 2026 upon the granting of a Special Lithium Operating Contract ("CEOL") by the Chilean Government

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GMV Minerals Inc. Commences Drilling at Daisy Creek Project in Lander County, Nevada

GMV Minerals Inc. Commences Drilling at Daisy Creek Project in Lander County, Nevada

GMV Minerals Inc. (the "Company" or "GMV") (TSXV:GMV)(OTCQB:GMVMF) is pleased to announce that it has commenced drilling at its Daisy Creek lithiumuranium project in Lander County, Nevada. The Company has engaged Nevada-based Harris Exploration Drilling and Associates Inc. to commence its initial drill program at the Daisy Creek project. Harris Exploration has decades of successful drill exploration experience spanning across the Americas on all types of projects

Ian Klassen, President, remarked "We are pleased to be drill testing the Daisy Creek project and to be doing so with Harris Exploration, a highly reputable and experienced company that is very familiar with this type of geology". The Company's initial reverse circulation drill program will be approximately six holes from six different set ups totaling ~3500 feet. The program is designed to test the most prospective lithium targets as defined by the most recent geophysical, field work and historical information.

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