Quarterly Activities Report – December Quarter 2021

Arcadia Minerals Ltd (ASX:AM7, FRA:8OH) (Arcadia, AM7 or the Company), the diversified exploration company targeting a suite of projects aimed at Lithium, Tantalum, Nickel, Copper and Gold in Namibia, is pleased to provide its quarterly activities report for the period ending December 2021.

HIGHLIGHTS

• Corporate: Arcadia lists on the Frankfurt Stock Exchange under ticker FRA:8OH
• Bitterwasser Lithium Project: Arcadia acquires neighbouring lithium clay project with a JORC resource of 15.1 million tons @ 828ppm Li and 1,79% K (at a cut-off of 680ppm Li)
• Bitterwasser Lithium Project: Arcadia commences 64-hole hand auger drilling program to test expansions of acquired lithium clays project
• Bitterwasser Lithium Project: Large clay sample dispatched to Anzaplan in Germany for mineralogical and metallurgical test work
• Swanson Tantalum Project: Completed 83% for 907m of 1,100m drilling program.
• Swanson Tantalum Project: Assay results from 4 holes confirmed high grade intercepts with an average thickness of 2.31 m (from 1.40m to 3.67m) and a weighted average grade of 559 g/t Ta2O5(479 to 705 g/t Ta2O5)

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