ULI.V Price: 0.030 Change: +0.005 Volume: 682700 15-20 min delay view details
Ultra Lithium Inc. (TSX.V:ULI) is a Canadian exploration company with its focus in lithium, boron and rare earth metals 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 in the form of a newly-discovered mineral called Jadarite.
With its partners Beijing Explo-Tech Engineering Co. (BETEC), Ultra Lithium is executing a multidisciplinary exploration program. In March of 2014, The Company completed a nine hole drilling campaign, totalling 5,390.7 metres of diamond drilling, on the company's Valjevo East and Blace exploration claims.
In April of 2014 the company commenced drilling at its Koceljeva prospecting license in Serbia and intends to drill a minimum of 6,000 metres on its Kragujevic, Trnava, Koceljeva, Preljina and Ladjevci prospecting licences. In conjunction with the drilling, further geophysics will be performed. Follow-up exploration of the Blace concession is also planned.