Energy & Critical Metals
United Lithium Expands Liberty Lithium Property By 220 Unpatented Claims
United Lithium (CSE: ULTH) has officially increased its claim holdings in South Dakota’s Black Hill region. The firm indicated this
The post United Lithium…
United Lithium (CSE: ULTH) has officially increased its claim holdings in South Dakota’s Black Hill region. The firm indicated this morning that it has received approval for additional Bureau of Land Management claims that were staked contiguous with the firms Liberty Lithium property, which it acquired in May 2022.
The approval adds a total of 220 unpatented lode claims the firms Liberty Lithium project, bringing the total claims under the project to approximately 728. The expanded region is believed to add numerous pegmatite bodies to the project, much of which have not been previously subjected to exploration or production, which have the potential to host lithium mineralization.
A rock chip sampling program was conducted in connection with the staking of claims, for which assays remain pending.
“We are excited with the initial sample results from our BLM adjudicated claims at Liberty, and are awaiting sample results from the recently staked claims south of our initial block southward towards Pringle in South Dakota. Access and infrastructure here are excellent, and we expect the regional scale rock sampling and assay program will assist us in vectoring towards Li-Be-Sn-Ta enrichment zones in the LCT pegmatites,” commented United Lithium CEO Michael Dehn.
The Liberty Lithium project as a whole is located within a historic lithium-beryllium region of South Dakota, near to Custer, with much of that mining occurring during the Second World War. United Lithium’s claims are said to include or are immediately adjacent to all such producing properties from this era.
Current pegmatite bodies in the area that are being mined are being used for the production of feldspar, mica, and quartz, which United Lithium intends to produce, in addition to lithium spodumene.
United Lithium last traded at $0.15 on the CSE.
FULL DISCLOSURE: United Lithium is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover United Lithium on The Deep Dive, with The Deep Dive having full editorial control. Additionally, the author personally holds shares of the company. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
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