Ultra Lithium Inc. (TSX.V: ULI) ("Ultra Lithium" or "the Company") reports assay results from trenching and channel sampling at its 100% owned Georgia Lake Lithium Project located in the Thunder Bay Mining District, Northwestern Ontario, Canada.
The results of one of the three channels cut at Camp Pegmatite indicates 1.15 % lithium oxide (Li2O) over 3 metres. There are anomalous values of beryllium (Be), niobium (Nb), rubidium (Rb), and tantalum (Ta) in these channel samples.
Highlights of the Camp Pegmatite sampling program are (see table for details):
- Channel CH16-01 intersects 1.1% Li2O over 2.29 m with Be 243 to 251 parts per million (ppm), Nb 51 to 66.4 ppm, Rb 752 to 972 ppm and Ta 34.8 to 69.2 ppm.
- Channel CH16-02 intersects 1.07% Li2O over 1 m with Be 259 to 293 ppm, Nb 42.4 to 66 ppm, Rb 703 to 1270 ppm and Ta 27.3 to 52.7 ppm.
- Channel CH16-03 intersects 1.15% Li2O over 3.0 m with Be 262 to 315 ppm, Nb 49 to 62.4 ppm, Rb 535 to 1090 ppm and Ta 29.8 to 43.6 ppm.
The fieldwork program was carried out by Pleson Geoscience in October - November 2016 after receiving permits from the Ministry of Northern Development and Mines (MNDM), Ontario. Camp Pegmatite exists on the south shore of Wood Pigeon Lake. Historical work exposed a small outcrop near the shore. The field crew continued stripping along strike until the overburden depth was too thick to proceed further. Camp Pegmatite is a 3-4m wide, strong spodumene growth near the center of the dike, with the margins exhibiting more aplite "zones" or veins. Pegmatite is near vertical with a strike of 325, and changes to 340 as the trench proceeds to the east. Grab samples indicated up to 2.73% lithium oxide, with some channels assaying up to 1.57% Li20 over 1m.
Dr. Weiguo Lang, CEO of Ultra, stated that, "We are very pleased with the channel sampling results from the first of the eight historically documented pegmatites on Ultra Lithium's Georgia Lake property. These areas present excellent exploration potential for discovering more lithium bearing pegmatites and will help us build a strong portfolio of lithium assets. The Company is also currently completing due diligence on its Argentinian brine lithium project located in the famous lithium triangle."
About Ultra Lithium
Ultra Lithium is an exploration and development company with a focus on the acquisition and development of lithium assets. The Company is currently focused on acquiring promising lithium assets in Argentina located in the famous lithium triangle while exploring its Georgia Lake and South Big Smoky Valley Projects.
Source: Ultra Lithium
