Unaudited Results for 3 months ended 31 May 2024

Bradda Head Lithium Ltd (AIM: BHL, TSXV:BHLI), the North America-focused lithium development group, is pleased to announce that it has today published its unaudited financial results for the three-months ended 31 May 2024, and the Management's Discussion and Analysis for the same period.

Both of the above have been posted on the Company's website www.braddaheadltd.com and are also available on SEDARplus (www.sedarplus.ca/landingpage).

Financial and operational highlights

• Successfully completed a follow-up drill programme at its Basin North lithium in clay project in Arizona, USA. A total of eight holes drilled, with an average hole depth of 285 meters (934 feet) with a range of 231 to 387 meters (757 to 1,269 feet), with a total of 2,353 meters (7,720 feet) drilled;
• Thickest Upper Clay unit at 103 meters in the center of the drill pattern discovered at hole BND24-19;
• Post period end on July 1, 2024, the Company announced a new MRE at the Company's 100% owned Basin Project, with a total of 2.834 MT of LCE;
• As per the Gross Overriding Royalty Agreement with the Lithium Royalty Company ("LRC"), the new contained LCE Tonnage surpassed the contracted threshold of 2.5Mt and has enabled the Company to trigger the payment of US$3.0 million from LRC to Bradda Head, with funds being received on 8 July 2024;
• Received channel sampling results from its San Domingo program, which included 5.00 meters of 2.33%, 4.10 meters of 2.81%, and 4.00 meters of 1.26% Li2O at the White Ridge Target and 5.30 meters of 1.25% Li2O at Morning Star.

Ian Stalker, Chairman of Bradda Head, commented:

"Bradda Head maintained maintained the Company's aggressive exploration philosophy by drilling 2,353 meters at the Basin project with the intention of expanding the 2023 MRE from 1.08MT LCE to over 2.5MT LCE. We successfully completed eight core holes in strategic locations across Basin North and post period end, the strategy was validated after we released our updated MRE at Basin, surpassing the goal of 2.5MT LCE with an updated MRE of 2.834MT, triggering the final royalty payment from LRC of US$ 3m.

Further exploration on our pegmatite project also kicked-off with excellent channel sample results from our White Ridge, Morning Star, and Midnight Owl targets. The results highlight the surface mineralization that can be leveraged into potential open cut mining in the future and also link-up to nearby drill hole intercept, creating excellent opportunities once a robust resource is potentially defined.

We continue dialog with third parties and examination of our oil brine projects in Pennsylvania and Texas, along with the Nevada brine projects to align with expanding DLE initiatives across the industry. The Company maintained a tight crew to maintain costs across the team whilst running a well-oiled exploration and expansion drilling program."

For further information please visit the Company's website: www.braddaheadltd.com.

About Bradda Head Lithium Ltd.

Bradda Head Lithium Ltd. 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 (Basin East, Basin North, and Basin West targets) and the Wikieup Project. The Basin East Project has a Measured Mineral Resource of 20 million tonnes consisting of 929ppm lithium for 99kt LCE, an Indicated Mineral Resource of 122 million tonnes at an average grade of 860 ppm lithium for 560 kt LCE and an Inferred Mineral Resource of 506 million tonnes at an average grade of 808 ppm lithium for a total of 2,175 kt LCE. The Group intends to continue to develop its three phase one projects in Arizona, whilst endeavouring to unlock value at its other prospective pegmatite and brine assets in Arizona, Nevada, and Pennsylvania. All of Bradda Head's licences are held on a 100% equity basis and are in close proximity to the required infrastructure. Bradda Head is quoted on the AIM of the London Stock Exchange with the ticker of BHL, and on the TSX Venture Exchange with a ticker of BHLI.