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Ultra Lithium Inc.
Summary
| Project: | Georgia Lake | |
|---|---|---|
| Deposit: | Georgia Lake | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 7/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-7-2017: Ultra Lithium Inc. announces an Exploration/Drilling Update report for its Georgia Lake deposit at the Georgia Lake project. Drilling results incl. 5m @ 1.42% Li2O from 1m. Vancouver, B.C., July 12, 2017 – Ultra Lithium Inc. (TSX-V: ULI) (“Ultr | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Afzaal Pirzada (Internal) | |
| ABSTRACT: | Vancouver, B.C., July 12, 2017 – Ultra Lithium Inc. (TSX-V: ULI) (“Ultra Lithium” or “the Company”) is pleased to announce assay results from 2017 exploration work program at its 100% owned Georgia Lake Lithium Project located in the Thunder Bay Mining District, Northwestern Ontario, Canada. The results of four short drill holes at various spodumene pegmatites on the property indicate values up to 1.42% lithium oxide (Li2O) over 5 metres. The drill program was contracted to Pleson Geoscience and was completed during April-May 2017. A Shaw diamond core drill with internal diameter of 41 mm was used to drill the four exploration holes down to a depth of six metres below surface. Core samples were between 30 cm and 1.5 m. The samples were assayed by Actlabs lab in Ancaster, Ontario. Actlabs is an independent lab accredited by ISO 17025. The samples were digested using sodium peroxide fusion and analyzed for the lithium by ICP (Method: FUSMS-Na2O2). Actlabs has its own quality control and quality assurance program in place. Dr. Weiguo Lang, CEO of Ultra Lithium, stated that, “We are highly satisfied with the results achieved for the Georgia Lake project and will continue with deeper drilling during our 2017-18 exploration work program. Now, with the acquisition of La Borita brine lithium project in Argentina, the Company has a balanced lithium portfolio comprising both hard rock and brine types of exploration deposit models.” | |
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