ULI.V Price: 0.035 Change: 0.00 Volume: 130000 15-20 min delay view details
Ultra Lithium Inc. (TSX.V:ULI) is a Canadian publicly traded exploration company with a focus on the acquisition and development of lithium, boron and rare earth metal assets. The Company is currently exploring its properties in Serbia and the United States.
The Company is currently working on its Balkans Project in Serbia where it is actively exploring for lithium and boron. The Company has completed 13 holes, totalling 7,445 metres of diamond drilling, on the Company's Blace, Koceljeva and Valjevo East exploration claims.
In the United States, the Company holds a 100% interest in the Big Smoky Valley Project located in Nevada. This Project has conditions favourable for hosting Lithium enriched brines. The Project is located 16 miles to the north of Albemarle Corp.ís Silver Peak mine, which has been producing lithium from brines since 1966. The Company is commencing geophysics in the Big Smoky Valley and intends to start drilling in 2015.