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

Published: Aug 31, 2026 16:00

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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.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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