United Lithium Corp. Plans 9,000m of Drilling at the Bergby Project in Sweden Post-Acquisition
Wednesday, February 24, 2021 8:00 AM
Heliborne magnetic and radiometric surveys to aid in identifying structures, geology and alteration
Metallurgical test work planned to quantify lithium recoveries and ancillary elements recoveries for Tantalum, Cesium and Niobium
VANCOUVER, BC / ACCESSWIRE / February 24, 2021 / United Lithium Corp. (CSE:ULTH)(OTC PINK:ULTHF)(FSE:0UL) (the “Company“)”) is pleased to announce that it expects to complete the previously announced acquisition (the “Acquisition“) of the Bergby Lithium Project (the “Project“), located in central Sweden, 25 km north of Gavle, from Leading Edge Materials Corp. (see news release dated February 11, 2021) during the second quarter of 2021. The Company is actively preparing a drilling program (the “Program“) to commence promptly after completion of the Acquisition and to be carried out over three phases. The Program is expected to be completed on or before December 31, 2021.
Phase one of the Program (“Phase One“) contemplates the Company drilling along strike and down dip from previously indicated lithium mineralization at the Property. This phase will consist of 3,000 metres of drilling and is expected to take approximately six (6) weeks to complete.
During Phase One, the Company also plans on conducting a heliborne magnetic and radiometric airborne survey to test for structural controls on pegmatites which may bear lithium as well as on general geology and faulting. Further, a high resolution airborne lidar survey is planned to provide a detailed topographic surface representation to aid in providing accurate elevation and general terrain data on the Project.
Prior to commencement of phase two of the Program (“Phase Two“), surface and drill core samples will be sent for metallurgical test work to quantify recoveries of any lithium mineralization from the Project. Potential in recovering Cesium, Tantalum and Niobium for economic evaluation will also be tested.
Phase Two is intended to better define any lithium mineralization within the known mineralized zone, and to complete drill spacing acceptable for a NI 43-101 compliant resource calculation. Phase Two also contemplates 3,000 metres of additional drilling, which could potentially help the Company establish a resource report and plan for future drill programs.
Phase three of the Program (“Phase Three“) contemplates continuing drilling, to a depth of 3,000 metres, along strike exploration of potential lithium targets, and testing potential parallel lithium zones. This is expected to assist the Company in verifying and validating any newly identified targets.
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