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USA
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United Lithium Corp (2)
Symbol ULTH
Shares Issued 123,223,127
Close 2023-11-24 C$ 0.225
Market Cap C$ 27,725,204
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United Lithium to hold webinar Nov. 29

2023-11-27 12:39 ET - News Release

Mr. Scott Eldridge reports

UNITED LITHIUM TO HOST WEBINAR NOVEMBER 29TH, 2023 FOCUSED ON RECENT LITHIUM-PEGMATITE DISCOVERIES AND DRILL RESULTS AT THE BERGY PROJECT, SWEDEN

United Lithium Corp. invites all shareholders and interested parties to a webinar on Wednesday, Nov. 29, 2023, at 1:15 p.m. PST. President and chief executive officer Scott Eldridge, and executive vice-president, exploration, Cathy Fitzgerald will facilitate the webinar. The webinar will focus on the Bergby project lithium-pegmatite discoveries and the latest drilling results, announced Nov. 21, 2023. After the presentation, the webinar will be open to presubmitted and live-chat questions. A recorded version of this webinar will be available on United Lithium's by Dec. 6, 2023. Interested parties are invited to submit their questions to info@unitedlithium.com.

Highlights

Prospecting and subsequent drilling during 2023 have discovered three new high-grade spodumene-bearing pegmatite bodies: pegmatites D and E, which are currently being drilled, and pegmatite F that has yet to be drilled. The 2023 drill program is continuing, with further results pending, and has been expanded from 4,000 metres to 6,000 m due to the encouraging results.

  • Five spodumene-bearing pegmatites drill-confirmed at Bergby to date, with a collective strike length of 4,000 m and thickness up to 24 m;
  • Drilling assay results for pegmatite D include:
    • 1.92 per cent Li2O (lithium oxide) over 26.80 m from 3.60 m depth down hole (hole BBY23132);
    • 1.54 per cent Li2O over 28.01 m from 9.12 m depth down hole (hole BBY23135);
    • 1.82 per cent Li2O over 12.97 m from 14.05 m depth down hole (hole BBY23138);
    • 1.96 per cent Li2O over 9.68 m from 38.87 m depth down hole (hole BBY23141).
  • Newly identified pegmatite outcrops and several unsourced spodumene-bearing pegmatite boulder trains remain to be further explored;
  • Much of the district-scale project is yet to be explored.

Qualified person

The scientific and technical data contained in the webinar were reviewed and approved by Ms. Fitzgerald, MSc, PGeo, United's executive vice-president, exploration, and director. Ms. Fitzgerald is a registered professional geologist in British Columbia and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Minerals Projects. Ms. Fitzgerald is not independent of the company.

About United Lithium Corp.

United Lithium is an exploration and development company energized by the global demand for lithium. The company is targeting lithium projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development and production opportunities.

We seek Safe Harbor.

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