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Ultra Lithium Acquires 344 Square Kms of Serbian Mineral Concessions With Lithium & Boron Potential
Jul. 07, 2011 09:54AM PST
Battery MetalsUltra Lithium (CVE:ULI) reports that it has been granted 4 additional lithium/boron exploration licenses in
the Republic of Serbia.
The press release is quoted as saying:
With the grant of these four (4) additional exploration licenses, Ultra currently holds a total of six (6)
exploration licenses that cover 544 square km of prospective stratigraphy. All prospects have the
potential to host significant lithium and boron bearing Jaderite mineralization that forms within finegrained, well-layered lacustrine sediments of Tertiary age.
Ultra Lithium’s President and CEO, Marc Morin says:
“We are pleased to have been awarded the additional licenses and intend to fast track our exploration program in the Balkans region, especially with the news of Rio Tinto’s commitment of spending $27 million to conduct a pre-feasibility on its Jadar deposit.”
Click here to access the entire news release.
Click here to access Ultra Lithium’s company profile.(TSXV:ULI)
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