United Lithium Corp. Discovers Multiple Lithium Rich Boulder Trains at Bergby – Assays up to 3.33 Li2O

Rhea-AI Summary

United Lithium Corporation (CSE: ULTH; OTC: ULTHF) announced significant progress at the Bergby Lithium Project in Sweden, revealing new lithium-bearing boulder trains unrelated to previously drilled pegmatites. Notable lithium grades include 3.01% Li2O and 2.82% Li2O. The company's claim area has expanded to 10,458 hectares, with ongoing soil sampling and core drilling expected until year-end. Swedish Prime Minister Stefan Löfven emphasized the need for more mines to support climate initiatives, reflecting governmental backing for lithium mining.

Positive

• Discovery of new lithium-bearing boulder trains with high lithium grades including 3.01% Li2O.
• Expansion of claim area to 10,458 hectares at the Bergby Lithium Project.
• Ongoing core drilling and soil sampling expected to continue until year-end.
• Support from Swedish government for mine development to cope with climate change.

Negative

• None.

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 Berby

The Swedish Prime Minister Stefan Löfven stated "Sweden needs more mines to cope with climate change"

VANCOUVER, British Columbia, Sept. 30, 2021 (GLOBE NEWSWIRE) -- 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.)

Figure 2 Bergby Lithium Project - Pegmatite Boulder Trains - North Section

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 3 Bergby Lithium Project - Pegmatite Boulder Trains - North Section

Figure 4 Original and Additional Exploration Permits, Bergby Lithium Project

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)
BBYB012	613001	6761182	PEGS	SPOD	3.01	14.75	23.30	107.50	17.80	85.00
BBYB017	612945	6761160	PEGS	SPOD	0.90	32.50	15.30	177.00	174.00	44.00
BBYB018	612958	6761174	PEGS	SPOD	2.12	6.95	11.10	76.80	45.60	73.00
BBYB019	612988	6761203	PEGS	SPOD	2.82	26.20	32.30	147.00	74.60	93.00
BBYB020	612899	6761220	PEGS	SPOD	1.88	56.20	52.60	458.00	147.50	59.00
BBYB021	613004	6761227	PEGS	SPOD	1.19	35.90	34.10	367.00	76.50	38.00
BBYB022	612914	6761211	PEGS	SPOD	0.01	128.50	2.70	76.60	30.60	29.00
BBYB023	612921	6761356	PEGS	SPOD	0.13	38.70	69.50	470.00	125.50	16.00
BBYB024	613057	6761073	PEGS	SPOD	0.70	33.40	19.30	160.00	33.50	47.00
BBYB028	613125	6761007	PEGS	SPOD	1.18	13.25	23.90	239.00	40.60	81.00
BBYB106	614305	6756964	APL		1.53	62.70	203.00	598.00	102.00	114.00
BBYH071	613305	6755809	GRA		0.01	0.67	2.90	150.50	3.90	3.00
BBYH084	608482	6755987	PEG		0.01	5.94	17.00	354.00	59.70	18.00
´060801	613122	6761481	PEG		0.00	0.40	1.70	103.50	3.30	BDL
´060803	612879	6761213	PEG		0.00	5.69	0.90	211.00	8.90	3.00
´060805	613149	6760992	PEGS	SPOD	1.92	21.60	21.40	68.20	30.70	71.00
´062201	612113	6760285	PEG		0.07	12.45	27.00	248.00	330.00	168.00
´062202	612110	6760315	PEG		0.05	13.90	28.50	148.00	800.00	69.00
´062203	612114	6760328	PEG		0.05	14.65	36.40	514.00	1210.00	101.00
´062206	612123	6760241	QTZ/PEG		0.08	13.30	27.60	279.00	310.00	154.00
´062207	612030	6760197	QTZ/PEG		0.02	83.20	25.10	341.00	370.00	89.00
´062306	612500	6759978	PEG		1.11	93.50	138.50	469.00	240.00	266.00
´062312	612380	6759951	PEGS	SPOD	0.49	8.73	40.00	477.00	156.50	22.00
´070702	613329	6761102	PEGS	SPOD	0.75	18.90	17.00	214.00	202.00	62.00
´070707	612568	6761606	QTZ/PEG		0.01	18.15	43.00	450.00	202.00	85.00
´070708	612101	6761326	QTZ/PEG		0.01	69.20	35.80	247.00	171.50	36.00
´070801	613130	6761011	PEGS	SPOD	1.07	17.30	25.40	247.00	50.80	71.00
´070803	612117	6760765	PEG		0.02	78.10	16.60	174.00	600.00	52.00
´070802	612191	6760723	PEGS	SPOD	1.72	19.35	21.70	304.00	230.00	53.00
´070802	612191	6760723	PEGS	SPOD	1.71	3.17	14.40	190.50	183.50	45.00
´071001	612264	6760328	PEGS	SPOD	1.46	64.40	20.20	233.00	156.00	127.00
´071002	612145	6760254	QTZ/PEG		0.03	23.10	57.00	481.00	920.00	219.00
´071002B	612145	6760254	QTZ/PEG		0.02	19.75	32.50	348.00	310.00	556.00
´071004	612003	6760274	PEG		0.00	5.58	12.50	377.00	230.00	81.00
´071408	611674	6760447	PEG		0.01	2.36	24.10	216.00	17.90	6.00
´071409	611863	6760306	PEGS	SPOD	3.33	5.48	21.20	106.00	320.00	94.00
´071410	611870	6760312	PEG		0.03	5.80	18.70	312.00	146.50	73.00
´071411	611867	6760313	PEG		0.04	6.72	18.20	248.00	183.50	23.00
´071412	611665	6760492	QTZ/PEG		0.03	4.71	20.90	519.00	175.50	42.00
´071417	616011	6761901	PEG		0.00	5.87	6.30	298.00	92.60	21.00
´071510	612150	6760469	PEGS	SPOD	0.99	4.93	21.60	209.00	380.00	87.00
´071511	612164	6760446	PEGS	SPOD	0.15	11.70	30.20	359.00	310.00	98.00
´071512	611930	6760346	PEG		0.02	18.70	16.10	306.00	310.00	619.00
´071514	611922	6760336	PEG		0.03	18.95	22.70	455.00	184.00	331.00
´071601	612137	6760605	PEGS	SPOD	0.88	6.31	43.40	240.00	176.50	71.00
LEGEND
BDL	Below Detection Limit
SPOD	Spodumene
PEG	Pegmatite
PEGS	Spodumene Bearing Pegmatite (observed)
QTZ	Quartzite
GRA	Granite
APL	Aplite

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
Michael Dehn
Chief Executive Officer

Investor Relations
(604) 259-0889
ir@unitedlithium.com

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.

Photos accompanying this announcement are available at
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FAQ

What are the lithium grades found at the Bergby Lithium Project for ULTHF?

Recent boulder samples showed grades of 3.01% Li2O, 2.82% Li2O, and 2.12% Li2O.

How large is the updated claim area for United Lithium's Bergby Project?

The claim area has expanded to over 10,458 hectares.

What drilling activities are currently ongoing at the Bergby Lithium Project for ULTHF?

Core drilling is underway and expected to continue until the end of the year.

What support did United Lithium receive from the Swedish government?

Swedish Prime Minister Stefan Löfven stated the need for more mines to tackle climate change, indicating support for lithium mining.

When did United Lithium acquire the Bergby Project?

United Lithium acquired the Bergby Project in April 2021.