Recent boulder sampling has discovered multiple new lithium-bearing boulder trains that are not related to previously drilled lithium-bearing pegmatites. A potential source to the north and to the west of the drilled pegmatite is suggested, where sampling and mapping continues
Soil sampling has commenced, and first batch of samples have been sent for assay
Core Drilling underway – expected to continue until year-end
Additional Claims added – now more than 10,458 hectares at Bergby
The Swedish Prime Minister Stefan Löfven stated “Sweden needs more mines to cope with climate change”
September 30, 2021 – United Lithium Corp. (CSE: ULTH; OTC: ULTHF; FWB: 0ULA) (“ULTH” or the “Company”)is pleased to announce the first results from ongoing boulder train mapping and sampling at the Bergby Lithium Project in central Sweden. Excellent results have been returned from an area west of the northern end of the previously drilled lithium mineralized pegmatite. These new boulder trains are not related to drilled mineralization and are believed related to new lithium mineralized bodies.
These results include 3.01% Li2O, 2.82% Li2O and 2.12% Li2O (see Table 1 and Figures 1 and 2). 300m to 500m northwest of the southwestern end of the previously drilled lithium mineralized pegmatite, values returned include 1,71% Li2O, 1.72% Li2O, and 1.46% Li2O (see Table 1 and Figures 1 and 3). And 600m west of the previously drilled southwestern end of the previously drilled lithium mineralized pegmatite, values returned include 3.33% Li2O (see Table 1 and Figures 1 and 3).
The success of this boulder sampling program has encouraged United Lithium to expand the mapping and sampling program. Additional boulder samples have been sent for analysis to ALS Limited and field work is on-going.
Furthermore, a soil sampling program has been completed in the vicinity of the interpreted source of the northern spodumene boulder train. Samples were dried and sieved with -63 m fraction sent to ALS Limited for analysis including Li-Ta-Cs-Rb.
“Recent mapping and sampling has greatly expanded the footprint of lithium mineralized pegmatite at our Bergby Project” states Michael Dehn, President and CEO. “An extensive area has been identified with spodumene bearing boulders, and we see significant potential to find multiple lithium bearing pegmatite dykes. We have consequently expanded the claim holding at Bergby to secure additional targets. Our mapping and sampling shall continue as long as weather permits, and drilling is expected to continue at least until year end.”
In an interview last week with Olov Abrahamsson, Swedish Prime Minister Stefan Löfven, stated:
“Sweden needs more mines to cope with climate change,” says Löfven. “Employment and business policy need to be intertwined with the climate issue.” We at United Lithium see this as positive support from the Swedish Government for future mine development in Sweden for lithium minerals.
Figure 1 Bergby Lithium Project – Pegmatite Boulder Trains – Overview
Core drilling is also well underway. A core logging and cutting facility has been established at the Port of Norrsundet, only 4km SW of the where drilling is occurring. Logistics are excellent, with infrastructure in place at the Port for most potential industrial applications. (see Figure 5.)
Bergby was discovered by the Leading Edge Materials team early in 2016, and has already thrown up both high grades and a high hit rate of potentially mineralized pegmatite.
Bergby lies in central Sweden, 25km north of the town of Gavle, initially secured by three exploration permits that covered a total of 1,903 hectares (Bergby nr 1, 2, and 3).
The site is close to infrastructure, with major roads, rail and power supply passing immediately adjacent to the Bergby project.
The Bergby Project was acquired by United Lithium from Leading Edge Materials in April 2021 when the property consisted of four exploration permits (Bergby nr 1, 2, 3 and 5) for a total of 3,155 hectares.
Recently the company applied for and was granted Bergby nr 4, 6, and 7 contiguous to the initial four exploration permits based the United Lithium suspicion that the mineralizing system at Bergby in much larger than previously thought. The total Bergby Project area is now 10,458 hectares (see figures 4 and 5.)
Figure 5 Bergby Lithium Project showing Exploration Permits, drilling area, and office/core facilities on Google Earth Satellite Image
Table 1 Boulder Train assay results, Bergby Lithium Project
|Sample Number||SWEREF99TM Easting (m)||SWEREF99TM Northing (m)||Rock code||Lithium Bearing Mineral Observed||Li2O (%)||Ta (ppm)||Cs (ppm)||Rb (ppm)||Be (ppm)||Sn (ppm)|
|BDL||Below Detection Limit|
|PEGS||Spodumene Bearing Pegmatite (observed)|
Samples submitted by United Lithium were analyzed by the ME-MS81 and Li-OG63 technique by ALS Limited laboratories in Pitea, Sweden and Loughrea, Ireland.
Mark Saxon (FAusMM), Technical Advisor to the Company, is a qualified person as defined by National Instrument 43-101 (Standards of Disclosure or Mineral Projects) and has prepared or reviewed the preparation of the scientific and technical information in this press release.
On Behalf of The Board of Directors
Chief Executive Officer
Forward-Looking Statements Caution. This news release contains “forward-looking information” within the meaning of applicable securities laws relating to statements regarding the Company’s business, products and future of the Company’s business, its product offerings and plans for marketing. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward- looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct and makes no reference to profitability based on sales reported. The statements in this news release are made as of the date of this release.