Entries by Matthew Schade

Ultra Resources Closes Private Placement

Vancouver, BC – Ultra Resources Inc. (TSX-V:ULT, OTCQB: ULTXF and Frankfurt: QFB) (“Ultra Resources” or the “Company”) is pleased to announce that it has closed a non-brokered private placement of 9,438,250 units at $0.11 per unit for total gross proceeds of $1,038,208.

Ultra Resources Provides Update on Lithium Projects

Vancouver, BC – Ultra Resources Inc. (TSX-V:ULT, OTCQB: ULTXF and Frankfurt: QFB) is pleased to provide an update on its lithium projects and plans moving forward. The Companyhas a diversified portfolio of lithium properties which include two hard rock lithium projects in Northwestern Ontario, Canada and a brine lithium project in Catamarca Province, Argentina, as summarized below:

Ultra Resources Metallurgical Testwork Shows 94.34% Gold Recovery for La Rioja Gold Project in Argentina

Vancouver, BC – Ultra Resources Inc. (TSX-V:ULT, OTCQB: ULTXF and Frankfurt: QFB) is pleased to announce that it has received final results of metallurgical testwork for the bulk sample from its 100% owned Chepes Gold Project in La Rioja Province, Argentina. The testwork was contracted to Yantai Xinhai Mining Research & Design Co., Ltd., Shandong, China.

Ultra Resources Assays 13.41 Grams per Ton Gold and 32.15 Grams per Ton Silver on Head Samples for Metallurgical Testwork from La Rioja Project, Argentina

Vancouver, BC – Ultra Resources Inc. (TSX-V:ULT, OTCQB: ULTXF and Frankfurt: QFB) is pleased to announce that it has commenced metallurgical testwork on bulk samples from its Gold Project in La Rioja Province, Argentina. Initial head sample assay work indicates average 13.41 grams per ton (g/t) gold (Au), 32.15 g/t silver (Ag), 0.47 percent (%) copper (Cu), 2.78% lead (Pb), and 0.96% Zinc (Zn).

Ultra Resources Begins Metallurgical Testwork for La Rioja Gold Project in Argentina

Vancouver, BC – Ultra Resources Inc. (TSX-V:ULT, OTCQB: ULTXF and Frankfurt: QFB) is pleased to announce that it has shipped two bulk samples with a total weight of 849 kilograms from its Gold Project in La Rioja Province, Argentina to China for metallurgical testing. Bulk sample # 101 is from Callanas mining license and #102 is from Al Espinillo mining license. To make it a representative sample of mineralization style on the property, the sample was collected from multiple quartz veins (464 kilograms) and the historical dump material (385 kilograms) from each mine as summarized below.

Lithium Uses: Glass and Ceramics

Lithium uses go beyond car batteries Lithium is about much more than batteries. Consumer electronics and electric vehicles account for only half of global lithium consumption. Surprisingly, lithium uses are diverse. This misconception helps shape lithium market prices. Some believe undersupply is responsible for recent stagnation. Meanwhile, others suggest the world’s largest lithium consumer is […]