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Arcadia Minerals: Completes drilling at Namibia lithium project

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Arcadia Minerals Completes drilling at Namibia lithium project

  • Arcadia Minerals (AM7) completes follow-up drilling at its Bitterwasser Lithium Project in southern-central Namibia in southern Africa
  • A total of 64 auger drill holes have been completed at one of seven known pans for 412.6 metres of core
  • Up to 370 core samples have been sent for assay, with results expected from mid-February
  • Final results are expected by mid-March and if they are considered favourable, a revised JORC mineral resource estimate is expected by late March to mid-April
  • Shares in AM7 are trading 6.67 per cent higher at 24 cents at market close
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