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Ultra Lithium Inc(ULT-X)
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Ultra Lithium Provides an Update on Drilling at the Laguna Verde Brine Lithium Project in Argentina

Globe Newswire - Mon May 30, 2022

VANCOUVER, British Columbia, May 30, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT) (“Ultra Lithium” or “the Company”) is pleased to provide an update on the drilling work at its 100% owned Laguna Verde brine lithium project in Catamarca Province, Argentina. Drill hole LV22-01 has been drilled to a depth of 210 m with an initial diameter of 9 7/8 inches to carry out geophysical studies. Later, the drill hole will be widened to 12 inches for well development, brine sampling and pumping testwork to check brine aquifer potential for future development. The geophysical study of the well indicated the presence of a continuous brine aquifer comprising of mainly clastic sediments from 13.9 meters to 205 m depth with a marked hydrothermal presence towards the deeper section. The aquifer is still open at depth.

Read more at globenewswire.com

Provided Content: Content provided by Globe Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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