Mr. Ian Stalker reports

BRADDA HEAD LITHIUM LTD ANNOUNCES SAN DOMINGO UPDATE

Bradda Head Lithium Ltd. has released initial results from core drilling at San Domingo, Arizona. This is the first set of assays released from the company's current 6,100-metre (20,000-foot) program, which is 65 per cent complete. So far, assays have been received from only 14 holes, totalling 993 metres, with grades of up to 0.83 per cent lithium oxide over 6.35 m and 1.03 per cent Li2O over 3.05 m identified.

Summary:

• Preliminary core drilling was conducted at Midnight Owl, Bolt and Lone Giant in the northern part of San Domingo, amounting to 1,877 metres in 22 shallow core holes.
• This program is follow-up core drilling to Midnight Owl's previous program that encountered 31.85 m at 1.60 per cent Li2O in hole SD-DH22-024 at a depth of 26.82 m.
• Drill hole SD-DH23-049 at the Midnight Owl target discovered a new zone deeper than found in hole 24:
  • 6.35 m containing 0.83 per cent Li2O at 87.33 m depth;
  • 3.05 m of 1.03 per cent Li2O at 98.60 m depth.
• Results from Midnight Owl also revealed tin and tantalum coinciding with pegmatites and lithium mineralization.
• Drill holes at the new Bolt target, located 800 m east of Midnight Owl, include:
  • 5.27 m at 0.51 per cent Li2O within a broader interval of 24.65 m carrying 0.24 per cent Li2O;
  • 5.87 m containing 0.5 per cent Li2O contained within 11.8 m of 0.32 per cent Li2O.
• Core holes at Bolt have detected anomalous levels of tantalum with intervals coincident to the lithium intercepts.

Ian Stalker, executive chair, commented: "Our knowledge of this intriguing, spodumene-rich pegmatite district grows as we announce our second-phase drilling results, which auger well for future development. The initial batch of drill hole geochemistry provides us with an improved understanding of pegmatite characteristics and mineralogical zoning at San Domingo, particularly at the Midnight Owl and Bolt targets.

"The elevated Ta and Sn levels show encouragingly strong comparisons to LCT-type [lithium-cesium-tantalum] systems, evidence of our robust lithium pegmatite district. Importantly, both Midnight Owl and Bolt targets continue to provide opportunities to expand on the lithium mineralization, with the goal of defining near-surface resources."

See an attached table for a summary of results.

The new Bolt target at San Domingo was found through soil sampling and surface mapping (see press release dated Aug. 15, 2023). It is important to note that the drill hole geochemical signatures correspond to the LCT type found in Western Australia at the Kathleen Valley project. The combination of lithium and tantalum strongly points toward an LCT-type system. Additional holes at Bolt are in the planning stages, although the company continues to review and interpret the new geochemical results to pinpoint future drilling targets.

Diamond core drilling continues at the Morning Star target, with five holes recently completed and several more planned. Both the Jumbo and White Ridge targets have undergone a second phase of drilling, with 19 holes drilled over a total of 1,740 m. The drilling also includes holes drilled at Joker, where pegmatites contain finer-grained spodumene throughout the extent of the pegmatites. The long intervals of spodumene-bearing pegmatites seen at Jumbo, White Ridge, Joker and now at Morning Star provide encouragement from the visual lithium mineralization, although the company awaits laboratory geochemical results.

Quality assurance/quality control

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 analyzed all samples using sodium peroxide fusion combined with ICP-AES and ICP-MS, method GE_ICM90A50. Certified standards were inserted into the sample stream and reviewed by the qualified person. Mr. Wilkins consents to the inclusion of the technical information in this release and the context in which it appears.

Qualified person

Joey Wilkins, BSc, PGeo, head of North America at Bradda Head Lithium, is the qualified person who reviewed and approved the technical disclosures in this news release. Mr. Wilkins is a graduate of the University of Arizona (BSc in geology) with more than 37 years of experience in mineral exploration, and he is a qualified person under the AIM (Alternative Investment Market) rules and a qualified person as defined under National Instrument 43-101. Mr. Wilkins consents to the inclusion of the technical information in this release and the context in which it appears.

About Bradda Head Lithium Ltd.

Bradda Head Lithium 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 and the Wikieup project.

We seek Safe Harbor.