Andrada Reports Further High-Grade Lithium Intercepts at Namibia's Lithium Ridge Project

Andrada Mining announced further drilling results from its Lithium Ridge project in Namibia, as exploration and resource-definition work continues under its partnership with SQM.

The latest results cover 14 diamond drill holes. Key intersections include 35.59 metres grading 1.52% Li₂O in hole LRD097, including 24.08 metres at 2.00% Li₂O, and 30.24 metres grading 1.23% Li₂O in LRD093, including 9.65 metres at 1.83% Li₂O. Tin and tantalum mineralisation was also identified alongside lithium.

Lithium Ridge is located in Namibia's Erongo Region, approximately 35 km from Andrada's operating Uis mine. Andrada completed an expanded 16,500-metre diamond drilling programme across 143 holes in May 2026, with the programme intended to support further geological modelling and resource definition.

The project is being advanced under an earn-in agreement with SQM, which can acquire up to a 50% interest by funding exploration and subsequent development work, including a definitive feasibility study.

SMM believes the latest drilling results further support the geological potential of Lithium Ridge. However, the project remains at the exploration and resource-definition stage, and further resource, metallurgical and feasibility work will be required before its potential contribution to future lithium supply can be assessed.