United Lith Stock Price, News & Analysis

United Lithium Corp. (ULTHF) has expanded its Liberty Lithium Project in South Dakota by staking over 200 additional claims, extending the project by 6.2 miles. This increase covers more than 6.5 square miles and includes numerous previously unexplored pegmatite bodies. Reconnaissance sampling has been conducted, with results pending. The area has historical quarrying activity, making potassium feldspar and mica potential by-products. The new claims await final approval from the Bureau of Land Management, which is crucial for progressing the project.

United Lithium Corp. (CSE: ULTH; OTC: ULTHF) has staked over 300 unpatented lode claims covering 9 square miles in Gunnison County, Colorado, establishing the Patriot Lithium Project. The project hosts several pegmatite bodies previously mined for lithium and beryllium. A reconnaissance rock chip sampling program yielded 243 samples, with lithium minerals identified. CEO Michael Dehn announced plans for an integrated exploration program to evaluate the area, with drilling targets planned for the coming year following necessary permits.

United Lithium Corp. has received confirmation from the US Bureau of Land Management (BLM) regarding the validity of 508 unpatented lode mining claims in South Dakota, covering nearly 16 square miles. This area has historical significance for Lithium-Cesium-Tantalum (LCT) pegmatites. Recent rock chip sampling identified high lithium, beryllium, tin, and cesium concentrations. The company is optimistic about discovering extensions of previously mined high-grade lithium-bearing pegmatites and new targets.

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.