- United Lithium Corp. (ULTH) completes 42 core drill holes bearing high-grade lithium at the Bergby Lithium Project in Sweden
- New lithium-aluminum bearing rocks were discovered last month
- The site highlights the potential at Bergby for new, near-surface discoveries
- Hole BBY21170 is planned to test if the lithium-aluminum rich horizon continues southwest
- United Lithium Corp. (ULTH) is down 4.69 per cent and is trading at $0.61 per share as of 12:22 p.m. EST
United Lithium Corp. (ULTH) has completed 42 core drill holes bearing high-grade lithium at the Bergby Lithium Project in Sweden.
New lithium-aluminum bearing rocks were discovered last month with assays available from discovery hole BBY21069.
Drilling continues on the new discovery.
Michael Dehn, President and CEO of United Lithium commented on the discoveries.
“We are excited to have achieved two new blind high grade lithium discoveries on the property in less than half a year of drilling.”
Discovery hole BBY21069 intersected 47.75 metres of 1.34 per cent lithium oxidefrom beneath a shallow soil cover.
This new discovery is northwest of the Bergby lithium discovery drilled in 2017.
The site highlights the potential at Bergby for new near surface discoveries.
The Bergby field shows characteristics of a pegmatite swarm with multiple intrusions.
United Lithium’s team anticipates further pegmatites will be located.
Hole BBY21170 is planned to test if the lithium-aluminum rich horizon continues southwest.
Additional holes are planned to test the northeast and southwest extensions of this spodumene pegmatite.
If there are positive visual results in the first step out holes, then additional drilling will occur to test further northeast and southwest of BBY21069.
United Lithium Corp. (ULTH) is down 4.69 per cent and is trading at $0.61 per share as of 12:22 p.m. EST.