United Lithium Extends Strike Of New Spodumene-Bearing Pegmatite Discovery To Over 225 Metres

Drilling continues for United Lithium (CSE: ULTH) at its lithium project in central Sweden. The firm this morning provided an update on the current program, which has continued drilling out a new discovery on the property.

The firm this morning indicated it has drilled a total of nine holes into recently identified spodumene bearing pegmatite. Initial assays on the discovery, which includes 47.75 metres of 1.34% Li2O as reported last week, have been positive in nature. True width of the discovery is estimated at approximately 10 metres.

The latest results point to pegmatite being found in drill holes along a strike length of over 225 metres, with a likely fault offset having been found. Current drilling is to the southwest of the most recently conducted drill hole, which intersected spodumene bearing pegmatite not once but twice.

As previously indicated, the company has now also extended a hole near-to the initial discovery hole, which intersected the pegmatite from 110.55 metres to 116.50 metres downhole, indicating potential continuation of the spodumene bearing pegmatite.

“We are quickly understanding the orientation and control of our new pegmatite discovery at the Bergby project, which is delivering a high hit rate for lithium mineralization in our drilling,” commented CEO Michael Dehn on the initial results.

Drilling is said to be continuing at the new discovery, with the pegmatite remaining open along strike.

United Lithium last traded at $0.56 on the CSE.


FULL DISCLOSURE: United Lithium is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover United Lithium on The Deep Dive, with The Deep Dive having full editorial control. Additionally, the author personally holds shares of the company. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Forget Crypto, Money Is Back To Gold – The Daily Dive

Returning to The Daily Dive is Michael Dehn, President, CEO & Director of United Lithium...

Wednesday, June 29, 2022, 01:30:00 PM

United Lithium Expands Into The US, Acquiring Large Land Position In South Dakota

United Lithium Corp. (CSE:ULTH) continued to build its lithium exploration asset portfolio recently by acquiring...

Sunday, May 15, 2022, 03:15:00 PM

United Lithium Expands Liberty Lithium Property By 220 Unpatented Claims

United Lithium (CSE: ULTH) has officially increased its claim holdings in South Dakota’s Black Hill...

Tuesday, January 3, 2023, 09:11:26 AM

United Lithium Assays 2.15% Lithium Oxide In Newest Boulder Train Discovery

United Lithium (CSE: ULTH) this morning released further assay results from the ongoing sampling and...

Tuesday, October 19, 2021, 08:27:24 AM

United Lithium To Acquire 83.6% Stake In Finnish Lithium Project

United Lithium (CSE: ULTH) will officially be entering the country of Finland. The firm yesterday...

Thursday, December 16, 2021, 08:18:24 AM