Arcadia Minerals: Confirms lithium in third pan at Bitterwasser, Namibia

Arcadia Minerals Confirms lithium in third pan at Bitterwasser, Namibia

• Arcadia Minerals (AM7) confirms lithium mineralisation in a third pan at its Bitterwasser project in Namibia
• Drilling at the Stryfontein pan returned similar lithium grades to holes drilled at the Eden and Madube pan, with up to 763 parts per million lithium hit over 1.6 metres
• Given the results, AM7 expects Stryfontein to contribute to an enlarged mineral resource at the project, planned for the second quarter of this year
• AM7 plans to carry out 15 additional drill holes at Stryfontein in May after an in-fill drilling program at the Eden Pan is completed next month
• AM7 shares are down 4.35 per cent and trading at 22 cents at 2:22 pm AEDT