Ultra Lithium Inc. (TSX-V:ULI) (“ULI” or “the Company”) is pleased to announce that it is starting the second round of surface sampling with focus on the Salar Laguna Verde Discovery Zone in the Province of Catamarca, Argentina. The assay results from surface sampling in this area, announced in ULI’s November 07, 2017 press release indicated one sample with lithium (Li) value of 1100 parts per million (ppm) and a magnesium to lithium ratio of less than two. The field crew plans to mobilize to the property next week. Exploratory sampling will be carried out by collecting surface brines and shallow sub-surface brines down to a depth of approximately one meter.
As quoted in the press release:
Dr. Weiguo Lang, CEO of Ultra Lithium, stated that, “We are very excited about the Laguna Verde discovery and want to continue exploring this area as a priority while we continue working on other brine properties in Argentina. This phase of exploration will help to increase our understanding of the lithium concentration mechanism and its controlling geological processes. Our efforts to acquire and explore Argentinian brine lithium assets is paying off in a big way.”