Entries by Matthew Schade

Ultra Lithium Starts Drilling at Second Location in the South Big Smoky Valley Brine Lithium Project, Nevada, USA

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it has recommenced drilling at its 100% owned South Big Smoky Valley brine lithium project in Nevada, USA. The contractor, Boart Longyear has mobilized to the property and started drilling at hole 2 of the Phase 1 […]

Ultra Lithium Intersects Up to 270 PPM Lithium in Drill Core Samples at Big Smoky Valley Brine Lithium Project in Nevada

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce drill core assay results from the first drill hole at its 100% owned South Big Smokey Valley brine lithium project located in Nevada. The results of 22 drill core samples from the hole BSH16-01 indicate maximum values for […]

Ultra Lithium’s Drill Hole Indicates Potential Presence of Brine at the South Big Smoky Valley Brine Lithium Project in Nevada, USA

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce the drill core and groundwater samples from its first drill hole indicate presence of Li-bearing brine at the South Big Smoky Valley brine lithium project. The following are the highlights of the data collected from hole BSH16-01: Assay results […]

Ultra Lithium Receives Drilling Permit and Signs Drill Contract for Exploration at the South Big Smoky Valley Brine Lithium Project

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it has received its notice-of-intent exploration work permit from the Bureau of Land Management (BLM) to conduct Phase 1 exploratory drilling at its 100% owned South Big Smoky Valley brine lithium project in Nevada, USA. The Company […]

Ultra Lithium Announces Private Placement

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 5,000,000 units (the “Units”) of the Company at a price of $0.10 per Unit for aggregate proceeds of up to CDN$500,000. Each Unit will […]

Ultra Lithium’s Sampling Program Confirms Presence of Anomalous Lithium Values in Sediments at the South Big Smoky Valley Brine Lithium Project

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce assay results from December 2015 sampling program completed at its 100% owned South Big Smokey Valley brine lithium project. The results not only confirmed presence of lithium in sediments but also indicated anomalous values of boron and potassium. […]

Ultra Lithium Announces Grant of Options

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) wishes to announce that it has granted 2,920,000 stock options to certain directors, officers and consultants pursuant to the Company’s Stock Option Plan. The options have an exercise price of $0.13 per share and an expiry date of March 8, 2026. About […]

Ultra Lithium Identifies Brine Lithium Exploration Targets at the South Big Smoky Valley Brine Lithium Project

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) is pleased to announce that it has received the Controlled Source Audio-Frequency Magneto-telluric (CSAMT) ground geophysical survey data interpretation report which identifies several very interesting brine lithium exploration targets at its 100% owned South Big Smokey Valley brine lithium project in Nevada, USA. […]

Ultra Lithium Announces Shares for Debt Transaction

Vancouver, BC – Ultra Lithium Inc. (TSX-V: ULI) (FSE: QFB) (“ULI” or “the Company”) has entered into a shares for debt agreement, pursuant to which ULI will issue 100,000 common shares in satisfaction of $8,000 of indebtedness owed to a former officer of the Company for unpaid expenses. ULI determined to satisfy the indebtedness with common […]