Question 1

Is Andrada Mining’s Stage 1 expanded drilling campaign at Lithium Ridge reported as complete?

Accepted Answer

Yes. Andrada Mining reports its Stage 1 expanded drilling campaign at Lithium Ridge as complete, totaling 143 holes and about 16,525 m.

Question 2

What interest rate and repayment schedule does Bank Windhoek’s NAD49 million tranche carry?

Accepted Answer

Bank Windhoek’s NAD49 million tranche charges interest at Namibian Prime + 2% and has interest-only quarterly payments for the first four quarters, then 36 equal quarterly instalments.

Question 3

What approval did Namibia’s Competition Commission grant for Andrada Mining’s Brandberg West earn-in arrangement?

Accepted Answer

Namibian Competition Commission (NaCC) granted unconditional approval for Andrada Mining’s earn-in arrangement with BWCAM (ACAM LP subsidiary).

Question 4

How much debt has Andrada Mining’s UTMC signed for at the Uis Mine upgrades?

Accepted Answer

Andrada Mining’s subsidiary, Uis Tin Mining Company (UTMC), has signed definitive agreements for NAD98 million of 10-year senior secured term loan facilities with Bank Windhoek and the Development Bank of Namibia.

Question 5

Which holes did Andrada Mining say confirm high-grade mineralisation outside the main Lithium Ridge trendline?

Accepted Answer

Andrada Mining reports holes LRD064, LRD066 and LRD072 confirm high-grade mineralisation within a newly identified pegmatite outside the main Lithium Ridge trendline.

Question 6

What assay results did Andrada report for the fifth batch of Lithium Ridge diamond drill holes on 6 October 2026?

Accepted Answer

On 6 October 2026, Andrada reported multiple intercepts exceeding 1.5% Li2O from a fifth batch of Lithium Ridge drill holes, saying the results confirm down-dip continuity and structural thickening of targeted pegmatite swarms.

Timeline

Andrada Mining

Andrada reports high-grade lithium hits in fifth Lithium Ridge batch

Andrada strikes 24 metres at 2% lithium at Namibia project

Andrada Mining secures NAD98m funding for Uis expansion

Andrada wins regulatory approval for Brandberg West earn-in deal

Andrada Mining hits record tin output as tungsten ore-sorting test clears 90% mass reduction

Andrada Mining confirms high-grade lithium at Lithium Ridge

Andrada Mining secures loans from Namibian banks, completes expanded Lithium Ridge drilling with SQM partner

Andrada Mining lifts FY2026 tin output and secures $51m for Brandberg West

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