UNITED LITHIUM CORP - ULTHF STOCK NEWS

United Lithium Corp. (CSE: ULTH; OTC: ULTHF) has commenced drilling at its Kietyönmäki lithium project in Finland. The initial phase includes a 10-hole drill program, aimed at confirming geological data and modeling a mineralized body exceeding 500,000 tonnes at greater than 1% Li₂O. The company has also expanded the project area by adding 535 hectares, increasing the total land area to 900 hectares. Additional exploration includes 250 bedrock surface samples. United Lithium aims to be a sustainable lithium supplier amid growing demand for lithium-ion batteries.

United Lithium Corp. (CSE: ULTH; OTC: ULTHF) provided an update on its lithium exploration projects in Europe and North America. The Bergby Lithium Project in Sweden has seen 86 new diamond drill holes and a pending assay report. In South Dakota, the Liberty Lithium Project has expanded to 723 claims, with rock chip samples under analysis. Fieldwork at the Kietyönmäki project in Finland has begun, while the Barbara Lake project in Canada is set for a sampling program. The company is focusing on high-potential areas for lithium supply.

United Lithium Corp. (CSE: ULTH; OTC: ULTHF) has acquired over 500 unpatented lode claims covering 15 square miles near Custer, South Dakota, establishing the Liberty Lithium Project. This area, historically known for lithium-beryllium production during WWII, includes pegmatite bodies significant for lithium extraction. A reconnaissance sampling program is underway to enhance exploration efforts. The project aims to meet rising lithium demands for the North American electric vehicle market. Future exploration will follow necessary approvals from the Bureau of Land Management.

United Lithium Corp. (CSE: ULTH; OTC: ULTHF) announces the commencement of a second drilling rig at the Bergby lithium project in Sweden, expected to increase the drilling production rate and accelerate project timelines. This strategic move aims to test new target areas more swiftly, with plans for a possible third drill to enhance operational efficiency while minimizing environmental impacts. The company emphasizes the progress made since drilling began last fall and the effective solutions provided by Swedish drillers to overcome mobility challenges.

United Lithium Corp. (CSE: ULTH; OTC: ULTHF) has completed the acquisition of 83.6% of the Kietyönmäki lithium project in Finland from Sunstone Metals Limited and other partners. The deal involved a cash payment of $420,000 and the issuance of 871,803 shares at approximately $0.48 each, with a phased release over eight months. The Kietyönmäki project, first discovered by the Finnish Geological Survey, has shown promising lithium grades in past drilling, with samples indicating substantial lithium mineralization. This acquisition positions United Lithium to leverage the growing demand for lithium.

United Lithium Corp. (CSE: ULTH; OTC: ULTHF) announced progress in its lithium hydroxide testing program, with results expected by end of February. Ongoing tests examine various operational parameters to improve process efficiency. Dr. Abdul Halim, CTO of Process Research Ortech Inc., leads the initiative, aiming for innovative production methods and cost reductions. United Lithium is also exploring value-added products from mining by-products, highlighting its commitment to environmentally friendly practices amid a growing demand for lithium.

United Lithium Corp. (ULTHF) announced significant findings from its Bergby Lithium project in Sweden, where a new spodumene-bearing pegmatite was discovered. The discovery hole, BBY21069, intersected 47.75 m of 1.34% Li2O at a true thickness of around 10 m. Drilling has confirmed the pegmatite extends over 225 m in strike length and remains open for further exploration. Ongoing drilling aims to extend the pegmatite zone, with additional targets anticipated in 2022. This discovery is positioned 750 m from the original pegmatite found in 2017, showcasing potential for further mineralization.

United Lithium Corp. (OTC: ULTHF) has successfully drilled 42 holes totaling 3730m at the Bergby Lithium Project in Sweden. Notably, discovery hole BBY21069 revealed 47.75m of 1.34% Li₂O, indicating significant lithium potential. The true thickness of this spodumene-bearing pegmatite is estimated at 10m. The company plans further drilling to test extensions of this pegmatite and anticipates additional discoveries in the unexplored Bergby region. The positive results enhance the strategic position of ULTHF in the lithium market.

United Lithium Corp. (ULTHF) has completed a series of roasting tests on spodumene feedstock, achieving lithium oxide recoveries ranging from 70.57% to 97.30%. The tests utilized both conventional and microwave roasting techniques to develop a sustainable lithium extraction process. The results will inform a final flow sheet for pilot plant testing later this year. The company aims to enhance efficiency and reduce the carbon footprint of lithium oxide production. Ongoing tests focus on optimizing the roasting process further.