00:29:22 EDT Fri 10 May 2024
Enter Symbol
or Name
USA
CA



Ultra Lithium Inc
Symbol ULI
Shares Issued 212,622,505
Close 2013-10-07 C$ 0.06
Market Cap C$ 12,757,350
Recent Sedar Documents

ORIGINAL: Ultra Lithium stakes 300 placer claims in Nevada

2013-10-08 09:23 ET - News Release

Received by email:

File: 20131002 Nevada staking Final.doc



Ultra Lithium Announces Staking of Additional Mineral Claims


October 8, 2013 	TSX-V: ULI

Vancouver, B.C., October 8, 2013 - Ultra Lithium Inc. (TSX-V: ULI) ("Ultra" or "the Company") is pleased to announce t
--->hat it has staked an additional 300 placer claims, through its wholly-owned subsidiary, Ultra Lithium (USA) Inc.. The 
--->Company now has a 100% interest in 664 claims (13,280 acres) strategically located in the South Big Smoky Valley, Esme
--->ralda County, Nevada. 

South Big Smoky Valley shares a similar geology and weathering history to Clayton Valley, located 16 miles to the sout
--->h. The north end of Clayton Valley hosts Chemetall Foote Corporation's Silver Peak Mine, the only lithium brine produc
--->er in the United States. Mine production comes from lithium enriched brines located below the surface. This plant has 
--->been in production since 1967. 

The Company intends to evaluate the potential for lithium-enriched brines within this highly prospective basin. 

Marc Morin, President and CEO of Ultra Lithium stated, "We are pleased with this significant expansion of our lithium 
--->brine claims in Nevada. We will now commence permitting for a drill program."

Ultra Lithium Inc. is a Canadian junior mining exploration Company with a focus in lithium and associated minerals.  T
--->he Company is committed to evaluating, developing and acquiring projects with potential for high return-on-investment.

The technical information in this news release has been prepared in accordance with the Canadian regulatory requiremen
--->ts set out in National Instrument 43-101 and reviewed on behalf of the Company by Mr. Shahab Tavakoli, M.Sc., a techni
--->cal consultant to the Company and a qualified person.

ON BEHALF OF THE BOARD OF DIRECTORS,
Ultra Lithium Inc.

Per: "Marc Morin"

Marc Morin
CEO and Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Suite 507 - 700 West Pender Street, Vancouver, BC, V6C 1G8 
Telephone:  	(604) 669-9788
Facsimile:	(604) 669-9768
Email: mmorin@ultralithium.com
Website: www.ultralithium.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release constitutes forward-looking s
--->tatements. In making the forward-looking statements in this release, the Company has applied certain factors and assum
--->ptions that are based on the Company's current beliefs as well as assumptions made by and information currently availa
--->ble to the Company, including that the Company is able to obtain any government or other regulatory approvals required
---> to complete the Company's planned exploration activities, that the Company is able to procure personnel, equipment an
--->d supplies required for its exploration activities in sufficient quantities and on a timely basis and that actual resu
--->lts of exploration activities are consistent with management's expectations.  Although the Company considers these ass
--->umptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forw
--->ard-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause f
--->uture results to differ materially from those expressed or implied in such forward-looking statements. Such risk facto
--->rs include, among others, that actual results of the Company's exploration activities will be different than those exp
--->ected by management and that the Company will be unable to obtain or will experience delays in obtaining any required 
--->government approvals or be unable to procure required equipment and supplies in sufficient quantities and on a timely 
--->basis. Readers are cautioned not to place undue reliance on forward-looking statements.  The Company does not intend, 
--->and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a r
--->esult of new information, future events or otherwise, except as required by law.











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