Bradda Head Lithium


Stage of development: Exploration
Primary minerals: Lithium
Project to promote: Basin Project and San Domingo Project
Project location: Arizona, USA

Bradda Head Lithium is a new breed of lithium explorer with unique exposure across all three main recognised lithium deposit types; brine, hard rock (or pegmatite) and sedimentary (or clay). The Company has projects in Arizona and Nevada in the USA, a growing and strategically important lithium end user market. All projects are 100% owned and are located in close proximity to infrastructure and end users – a distinct advantage over competitors and helping to fill the low carbon lithium supply gap for US domestic users.

Cash: USD$8M
Debt: NIL

Major shareholders:
Jim Mellon – 16.6%
Zenith – 11.3%
Electrification & Decarbonization AIE LP – 7.3%
LRC – 5.0%
Nigel Wray – 5.22%
Lithium Royalty Company – 4.99%
Management Ownership – 18.3%

Management Profile

Charlie FitzRoy – CEO
Charlie FitzRoy, CEO, joined Bradda Head in May 2021 and listed the Company in July 2021 on London’s AIM. Charlie has a wide range of experience across the metals and mining sector, with most of his focus from M&A, equity research, and strategy gained from working at Citi, BlackRock and most recently on CMOC’s Corporate Development and Strategy team. He holds degrees in Geology (BSc Hons) and Metals & Energy Finance (MSc) and is a fellow of the Geological Society and a professional member of MIMMM. Charlie also brings with him considerable management experience from his five years with the British Army.

What is your rationale for taking part in 121 Mining Investment?

We are still a relatively unknown story and we would like to meet investors and strategics

What recent news would you like to highlight to investors attending?

16 March – Drilling underway at the Basin Project

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Results from Basin and San Domingo Drilling with potential for Resource or exploration target at San Domingo Pegmatite Project

6 Months:
PEA well underway for our Basin Project, step out programmes underway at pegmatite, and more known at brines

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Market sentiment to mining – We are developing strong links with our local communities and planning conservation and outreach strategies to minimise water use and maximise water conservation

What do you think makes your company such a compelling investment?

Bradda Head Lithium has exposure to three types of lithium deposits; clays, pegmatites and brines, more than any other lithium explorer. We are well funded f and well positioned in the US to take advantage of the developing lithium supply chain in the US

What are the top 3 key investor takeaways?

1. 2023 is going to be a big resource growth year for Bradda at our clay assets, which will feed into our PEA
2. Bradda is commencing drilling at its Basin East Extension, with potential for a big re-rating if we are successful
3. The company is well funded into 2023