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    lithium investing

    Ultra Lithium Receives Permits and Starts Geophysical Surveys at Argentina Brine Lithium Properties

    Written by Priscila Barrera
    |
    Apr. 26, 2018 10:33AM PST

    Ultra Lithium is pleased to announce that it has received permits from the Mining Department of Catamarca Province, Argentina to carry out exploration work at its brine lithium properties.

    Ultra Lithium (TSXV:ULI) is pleased to announce that it has received permits from the Mining Department of Catamarca Province, Argentina to carry out exploration work at its brine lithium properties. The permit is issued for ground geophysical surveys and evaporation ponds for trial lithium concentration processing at the Laguna Verde, Amelia (Antofalla Salar) and La Borita brine properties.

    The company has contracted Beijing Technology and Engineering (BETEC) from China to complete approximately 82.60 line-kilometres of Gravity and Time Domain Electromagnetic (TDEM) surveys on the three brine properties. BETEC technical teams have been mobilized to the project area to start geophysical surveys.

    As quoted in the press release:

    “We are very pleased to partner with BETEC to commence the next phase of exploration work, especially at the Laguna Verde discovery area where brine samples have indicated lithium values of up to 1270 PPM. Ground geophysical surveys will indicate the basin sizes, structural complexities and potential brine layers,” Dr. Weiguo Lang, CEO of Ultra Lithium, said.

    Click here for the full press release

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