Arcadia Minerals completed the acquisition of the Bitterwasser Lithium Clay Project in Namibia for $164,000.

Through its associate, Brines Mining and Exploration Namibia, Arcadia now holds a 100% interest in Bitterwasser Lithium Exploration, the project's owner.

The project has an overall mineral resources of 327,284 tons.

The resources only cover two of the 14 known pans in the Bitterwasser district, indicating the potential for further discoveries.

Over the next six months, Arcadia plans to conduct in-fill drilling over the Eden pan to upgrade the mineral resource into the indicated mineral resource category.