United Lithium Corp (CSE:ULTH, OTC:ULTHF) has announced the first set of diamond drilling results from its 2023 drill program at the Bergby Lithium Project in Sweden, which included 1.92% lithium oxide over 26.8 metres (m) from 3.6m depth.
The exploration & development company said prospecting and subsequent drilling during 2023 have discovered two new high-grade spodumene-bearing pegmatite bodies, bringing the total drilled on the project to five.
"Today’s results are very exciting, and with the diamond drilling ongoing at Bergby, we are encouraged at the prospect of further discoveries," United Lithium CEO Scott Eldridge said in a statement.
United Lithium noted the 2023 drill program is ongoing, with further results pending, and has been expanded by 50% to 6,000m due to the "encouraging" results, and is expected to be completed in the first quarter of 2024.
The Bergby project hosts numerous LCT (lithium-cesium-tantalum enriched-type) granitic pegmatites, five of which have been drill-confirmed, according to the company.
As well, United Lithium stated that a sixth pegmatite discovered in an outcrop has yet to be drilled.
United Lithium is an exploration & development company energized by the global demand for lithium. It is targeting lithium projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development, and production opportunities.
Contact Sean at sean@proactiveinvestors.com