Bradda Head Lithium Advances San Domingo Project Amid Challenging Market
Bradda Head Lithium is making strides at its San Domingo pegmatite project in Arizona, aiming to define a NI 43-101 compliant resource in 2024 and move toward production by late 2025 or early 2026, according to executive chairman Ian Stalker.
The company has identified new targets within the project area, including Ruby Soho, Dragon, and Midnight Owl. Stalker noted that the simplicity of the project’s design—utilizing rented equipment and gravity separation—could keep costs manageable while producing a quality lithium concentrate. Limited sampling has already shown the potential for market-grade concentrate, with more comprehensive sampling planned for the next year.
A notice of intent drilling permit has been approved for the Dragon target, with additional results expected from the Jumbo target in the first quarter of 2025. These developments build on the project's momentum, bolstered by geological work emphasizing cost efficiency and streamlined operations.
Despite a tough lithium market marked by plummeting prices and reduced investor activity, Bradda Head has maintained financial stability for over two years without raising additional capital. This contrasts sharply with other junior mining companies, which have faced significant challenges, including project cancellations and shareholder dilution.
Stalker highlighted the broader potential of the lithium market, driven by growing demand for electric vehicles (EVs), particularly in China, Europe, and South America. He emphasized Bradda Head’s position as a U.S.-based company, suggesting its strategic value in supporting domestic EV battery production amid increasing calls for localized supply chains.
While challenges remain, Bradda Head Lithium appears positioned to weather market fluctuations and capitalize on long-term opportunities in the lithium sector. The company also continues to explore other projects, including lithium clay deposits at the Basin Project and brine assets, as part of its broader strategy to expand resource potential and production capabilities.
