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Kyocera Li-Ion Battery to Increase Capacity, Density

2020 Kyocera Li-Ion Battery A Safer, More Efficient Power Source

A next-generation battery will drastically improve clean energy adoption. After all, most of the world’s emission-free technologies rely on batteries for power. A new Kyocera Li-Ion design promises to improve on current models.

READ: New Lithium Battery: 300km in 10 Minutes

Kyocera Li-IonConsequently, this will help the electric vehicle industry gain footing. Indeed, range anxiety is one of the primary factors hurting adoption. Similarly, so are prohibitively expensive vehicle prices.

Kyocera has stated its new battery sets a new standard for price and durability.

3-4X Energy Density Over Current Options

Ultimately, the new design will reduce cost by around 40%. Meanwhile, the 2020 Kyocera Li-Ion battery can be manufactured in 1/3rd the time of current models.

To achieve this, the Japanese corporation made a new composition of slurry. Slurry is a metal foil electrode that is fundamental in a lithium-ion battery’s operation.

Moreover, this patent also eliminates the need for a binder and solvent. This is important because these components require the manufacturing process to end with a lengthy drying stage.

Billions Poured into Li-Ion R&D

Projects like this have become common. Evidently, both governments and corporations have put serious backing behind Li-Ion projects. In particular, automakers have a vested interest in producing safer, more reliable patents.

Recently, Toyota partnered with Panasonic to bring a new line of lithium-ion batteries to market. Ultimately, they’ll be exclusively used in Toyota’s upcoming electric vehicle fleet.

The transportation industry is largely responsible for climate change. Consequently, there is a significant financial stake in manufacturing sustainable alternatives to outdated concepts.

Among them is the combustible engine.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

gold in computers

Gold in Computers of Upmost Importance

Gold In Computers An Important Piece of the Global Tech Puzzle

What role does gold play in our daily lives? Evidently, this is a question few know the answer to. Consequently, many would be surprised to learn that modern communication technologies wouldn’t function without gold in computers.

READ: Gold Value Survives the Rise of Bitcoin

Evidently, various computer components rely heavily on the chemical element. In fact, the world’s largest tech companies wouldn’t be able to operate without trace amounts of gold.

Granted, finding evidence of gold in computers is easy. Simply pry open any old computers you may have…and behold.

Motherboards, Processors, and More

gold in computersSpecifically, which components require gold? Firstly, central computer processors have hundreds of gold-plated pins around the edges.

However, motherboards contain the lion’s share. Here, wires rely on gold to connect with ports. As a result, connecting different computer components wouldn’t be possible without the chemical element.

Lastly, memory chips use gold to increase computer RAM. Like central processors, these tiny circuit boards contain a large number of gold-plated pins. However, they’ve also been known to feature gold on their surfaces.

Ultra Lithium Diversifies into Gold

gold in computersAlthough ultralithium.com is a clean energy channel, ULI has recently diversified. Ultimately, the company has acquired several gold exploration licenses throughout Argentina.

As a result, we’re committed to educating the public about how gold is used in the modern economy. Granted, lithium mining and clean energy technologies will remain our primary focus.

Please refer to our latest news releases on corporate developments involving both gold and lithium exploration projects in South America.

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Gold Uses in the Modern Economy

Volkswagen Goes Green to Stay in the Green

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

electric road trip

Electric Road Trip to Span Continent

Arizona Native Embarks on Electric Road Trip of North America

A Tesla 3 owner plans to drive his luxury car 25,000 km. Evidently, the trip is meant to test North America’s electric vehicle charging infrastructure. Moreover, the electric road trip will push the limits of Tesla’s supercharger grid.

READ: EV Record: Man Travels 33 Countries

Ultimately, the trip will take 2 months. Arizona native Wade Anderson considers it the opportunity of a lifetime.

The mission will take him as far south as Key West, Florida. Meanwhile, the closest he’ll get to the North Pole is Deadhorse, Alaska.

Testing the Limits of Charging Infrastructure, Lithium-Ion Batteries

Electric road tripGranted, the electric road trip faces several risks. Primarily, the question of whether Wade can keep his Tesla 3’s battery charged.

Evidently, 300 miles on a single charge is impressive for a modern electric vehicle. Meanwhile, that battery range is cause for anxiety on a continental trek.

According to Wade, the furthest charger north is in Whitehorse, Yukon. “But after that, I don’t know yet.”

 

Spreading Emission-Free Awareness

electric road tripA similar electric road trip was attempted by Dutchman Wiebe Wakker. Backed by the Plug Me In Project, the ultimate goal was raising awareness about electric vehicles.

Similarly, Wade Anderson’s adventure will do the same. After all, many consumers are scared away from electric cars because of range anxiety. The fear of running out of juice with no charging station in sight worries potential owners.

Consequently, pioneers like Anderson play an important role in global EV adoption.

If he can navigate the entire continent in a Tesla, the prospect of an emission-free summer road trip doesn’t seem so farfetched.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

EU Policy

EU Policy Requires EV Engine Noises

New EU Policy Requires EVs to Feature Fake Engine Noises

Ask any car enthusiast: engine noise matters. Incidentally, this aspect of the automaking process doesn’t exist in electric cars. Evidently, battery-powered vehicles don’t make much noise. Consequently, a new EU policy will change this.

READ: Artificial Engine Sounds in Electric Cars

The world’s premium car brands all have patented engine sounds. Ultimately, engine ‘purr’ is considered part of the driving experience.

With the rise of electric cars, no combustible engine means no need to augment that sweet sound.

EU PolicyMore than a Safety Issue

However, this has raised several safety concerns. No matter how annoying the sound of a sports car’s engine can be, that roar lets pedestrians know a vehicle’s location.

Granted, this is particularly important on urban streets, where all 5 senses are needed to navigate.

In the many densely-populated European cities where EVs popularize, this is an issue. As a result, automakers must develop patented engine sounds if they plan to sell in the EU.

Global EV Sales Steadily Climb

EU PolicyConsequently, this will result in an ongoing contest for the coolest engine sound among EVs. As most of the world’s automakers rollout electric fleets, consumers can expect plenty of competition.

Moreover, it’ll be intriguing to see if automakers mimic combustible engine sounds. Alternatively, this EU policy could birth an entirely new breed of engine sound.

After all, most of the luxury EVs on the market feature a futuristic design. Can a similar trend surface among engine sounds? Here’s hoping this policy doesn’t revive the music genre dubstep.

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Clean Energy Future: Electric Cars Power Homes

GM to Sell Affordable Electric Cars

Data Cars and the Self-Driving Revolution

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

lithium mining

Tesla Lithium Mining could be in the Works

In Electric Push, Tesla Lithium Mining Possible

The global electric vehicle market heats up. Indeed, Tesla’s market share slips as more automakers shift toward clean transportation. However, a lingering problem faces the entire industry. As the global lithium supply tightens, Elon Musk thinks Tesla lithium mining could satisfy a glaring need.

READ: Record Deliveries for Tesla on Horizon

After all, clean energy goes through lithium. Lithium-Ion batteries are the most efficient energy storage solution for sustainable tech. Consequently, the electric vehicle market relies heavily on mining companies that extract lithium.

Lithium Shortage Likely to Worsen

lithium miningUltimately, Musk recognizes that a battery shortage will pulverize Tesla. “There’s not much point in adding product complexity if we don’t have enough batteries,” he said during a Tesla shareholder meeting.

Evidently, no automaker understands the strain of limited supply better than Tesla. Case-in-point: the long waitlist Tesla customers face for parts replacements.

Moreover, Tesla understands the expense of dealing with mining companies. Lithium is a mineral in short-supply, which suppliers reflect in their pricing.

Lithium’s Value Goes Beyond Electric Vehicles

lithium miningMoreover, most of the world’s lithium comes from South America and Australia. In particular, the South American Lithium Triangle contains half the world’s lithium supply.

However, China owns most of that.

As a result, Tesla’s decision to enter the mining arena isn’t that far-fetched. After all, Musk is a noted innovator with a penchant for overcoming complex hurdles.

Ultimately, the lithium exploration firm that feeds Tesla’s lithium needs will have work for years to come.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

Global transportation

Global Transportation Sector: 30% Electric by ’30

20-30% of Global Transportation Sector could be Electric by 2030

In 2018, 5.1 million electric vehicles were sold. Granted, this number represents a microscopic fraction of global vehicle sales. However, it indicates an encouraging trend. Ultimately, it leads analysts to believe that 20-30% of global transportation could be electric by 2030.

READ: Electric Vehicle Wins Car of the Year

The International Energy Agency (IEA) believes sales will hit 22 million by 2030. Consequently, this would push the total number of EVs sold to just north of 120 million by that time.

Global transportationConsumer Preferences Go Green

However, there’s reason to believe this estimate could be conservative. After all, a series of affordable electric cars are soon to hit the market.

If the middle-class has the option of driving green, exponential growth in the sector is likely.

Moreover, long-term electric car owners have noted substantial energy savings. Increasingly, owners charge their cars overnight. The mentality of leaving the home to fuel up is slowly being phased out.

Automakers and Governments Embrace Clean Shift

Global transportationThis reduces the strain on public charging infrastructure. Similarly, it helps mitigate the range anxiety that scares off potential owners.

Furthermore, both governments and automakers overwhelmingly support the electric shift.

Most of the world’s automakers have committed to electric fleets. Meanwhile, Chinese and European governments introduce effective policy that encourages EV adoption.

Evidently, it won’t be long until long gas station lines are a thing of the past.

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2019 Electric Cars To Get Excited About

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

Ultra Lithium Assayed Gold in Rock Samples from Mining Licenses in Argentina

20-30% of Global Transportation Sector could be Electric by 2030

announces assay results of rock samples from their newly acquired Gold Mining Licenses in La Rioja Province, Argentine. A total of three grab rock samples were collected from dump material located near the historical mining areas of three mining licenses. These samples were taken for property acquisition due diligence purposes and were tested in two independent laboratories: SGS Laboratories in Burnaby, Canada, and Kunming Metallurgical Research Institute (KMI), China.

Espinillo Mine – Sampling from Quartz Vein- Showing vein width 2 – 3 metres.

Gold Assay Results from 7.44 to 54.77 Grams per Ton

The results of samples analyzed at SGS Canada Laboratories indicate gold values in the range of 7.44 gram per ton (g/t) to 54.77 g/t(1.93 oz/t), silver 54 g/t to 125 g/t, copper 0.24 percent (%) to 1.24%, lead 0.09% to 22.90%, zinc 0.02% to 5.01%, iron 2.27% to 28.90%, and vanadium 0.01% to 3.07%.

A comparison of assay results for selected elements from both laboratories is provided in Table 1 with location of samples provided in Table 2.

Gold Mining Licenses Transferred To Ultra Lithium’s Argentinian Subsidiary


Following the approval from La Rioja Ministry of Mines, the titles of ULI’s recently acquired thirteen gold mining licenses have been transferred into the name of Ultra Argentina S.R.L., a wholly owned subsidiary of Ultra Lithium Inc. Under Argentinian mining laws, the exploration licenses grant the titleholder the right to prospect and perform exploration activities for a limited period of time. Whereas, the mining licenses grant the titleholder the right to develop, mine and extract minerals without any time limits.

Ultra Lithium’s Plans Going Forward

Quartz vein samples showing mineralization at Callanas mine.

Dr. Weiguo Lang, CEO of UltraLithium, stated that, “These assay results helped the Company to acquire three exploration licenses through direct staking and 13 additional mining licenses through acquisition. The Company has collected over 800-kilograms of mineralized material from existing dumps and quartz veins for testing in a metallurgical laboratory. Our field team is currently estimating the volume of mineralized material at our historical mine dumps. These estimates will provide a guide for developing a pilot scale gold processing plant in the area. Based on the assay results and field geological studies, a polymetallic gold vein deposit model is being considered for further project exploration work. The amount of free recoverable gold will be a significant factor in determining the pilot plant design. Additionally, the Company has acquired historical geological geophysical maps, reports and data which are being evaluated to enable us to launch a focused prospecting and geological mapping program to find additional prospective areas with quartz veins on the properties.”

CAUTIONARY NOTE: Grab surface samples discussed in this news release were taken from historical mine dumps and are not necessarily indicative of mineralization on Ultra Lithium’s properties.

Table 1: Assay Highlights 

Sample ID 

19cal-01

19cal-03

19esp-05

Element

Unit

KMI ChinaSGS CanadaKMI ChinaSGS CanadaKMI China

SGS Canada

Gold (Au)

g/t

17.347.4421.0910.9824.54

54.77

Silver (Ag)

g/t

85.874.00114.3125.00103.9

54.00

Copper (Cu)

%

0.800.241.000.953.00

1.24

Lead (Pb)

%

4.009.579.0022.900.30

0.09

Zinc (Zn)

%

0.020.053.005.010.09

0.02

Iron (Fe)

%

8.0028.906.006.141.00

2.27

Vanadium (V)

%

0.200.210.063.070.040.01

Notes: N.A. – Not analyzed or below detection limits

Table 2: Sample Location

Sample ID

AREA / MINING

LICENSE

LOCATION

Gauss Kruger                                Geographic

19esp-05

ESPIILLO II

3468569, 6512375

31 41 47,6 S

66 21 38,0 W

19cal-01

CALLANA VI

3465818, 6493704

31 46 26,5 S

66 21 26,6 W

19cal-03

CALLANA V

3466116, 6494355

Laboratories Used

Samples were analyzed in two different laboratories using the following packages / techniques.

Element / Package selected

SGS CANADA

KMI CHINA

Gold by Fire AssayGold by Fire Assay, package GO_FA303Gold and Silver by Fire Assay (Code: CF20190131)
All other elementsGE_ICP40BCF20190131-1to6 X-ray fluorescence spectral analysis
Over limit packagesGC_AAS42V for silver, GO_ICP90Q for copper, manganese, iron, lead, zinc, GC_ICP93A for vanadium, GE_CSA06V for sulphur

Ultra Lithium geologists inspecting the Callanas mine.

Qualified Person

The technical information contained in this news release has been reviewed and approved by Afzaal Pirzada, P.Geo., a qualified person, as defined by NI 43-101 who works as Vice President Exploration of the Company.

About Ultra Lithium Inc.

Ultra Lithium is an exploration and development company with a focus on the acquisition and development of lithium and gold assets. The Company currently holds five brine lithium properties in Argentina, and one hard rock spodumene type lithium property at the Georgia Lake area in northwestern Ontario, Canada. The Company recently diversified its portfolio by adding a total of 3 gold exploration and 13 gold mining licenses in Argentina, which it has commenced developing.

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Ultra Lithium Acquires 16 New Gold Mining Licenses 

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

battery storage

Battery Storage Systems Replace Gas Plants

Utility-Scale Battery Storage Systems an Alternative to Coal, Gas

Increasingly, governments and businesses look for ways to reduce emissions. Evidently, utility-scale battery storage systems offer a convincing alternative to traditional energy sources.

READ: American Grid Storage Market to Lead World

Storing power in large lithium-ion batteries, grid storage has taken off. Consequently, the United States considers the technology a viable alternative to coal and gas power plants.

Granted, the technology underlying these systems still needs work. Nevertheless, successful examples of widespread use exist.

Lithium-Ion Batteries Power Communities

battery storageCurrently, the homes of over 2 million Delhi, India residents are powered by a massive battery storage installation.

Ultimately, grid storage applications will allow electricity companies to save big. Consequently, the portability and impressive electricity-storage capabilities are a huge draw.

Extracting power from solar panels, warmer climates have a decided advantage.

 

Clean Energy Push Embraces Battery Storage

battery storageNevertheless, a lot of investment dollars are being pumped into Li-Ion battery R&D. More sophisticated batteries could stretch stored energy further. Evidently, Li-Ion cells will soon require very little sunlight to power entire city grids.

Many industries fixate on battery storage technology. Firstly, the electric car movement hinges on Li-Ion technology. Similarly, most of the world’s electronics rely on the battery to power smartphones and laptops.

Ultimately, utility-scale battery storage applications will soon popularize across the developed world. As governments, automakers and technology companies research Li-Ion batteries, sustainable energy could power entire communities.

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South Korean Lithium Demand Increases

Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

Electric Ford

Electric Ford Fleet Incoming

Electric Ford to Play a Major Role in Company’s Near Future

One of the US’s largest automakers plans to go green. Evidently, an electric Ford fleet will hit the market sometime over the next 5 years.

READ: Ford Electric Car Offers Impressive Range

Ultimately, Ford is in talks to create an electric vehicle partnership with Volkswagen. Moreover, the deal will include self-driving tech.

The global alliance, reaffirmed by both parties in January, is expected to be a clean transportation juggernaut.

Ford Invests Big in EV Startup Rivian

Electric FordHowever, Ford isn’t starting from scratch. Already, it’s invested heavily in EV startup Rivian. A $500 million investment will see the electric Ford fleet built on Rivian’s sustainable transportation tech.

The investment was considered a move against Tesla. Consequently, Ford believes it can usurp the international EV king.

Granted, this will take some time. Although Tesla stocks continue to drop, it’ll take some time for Ford and Volkswagen to make affordable electric vehicles available.

Majority of Automakers Lean Green

Electric FordMeanwhile, Ford’s commitment to clean energy follows the status quo. Increasingly, the world’s largest automakers invest in electric vehicle and lithium-ion battery startups.

Furthermore, new players like Dyson have entered the ring. Consequently, the EV market in the 2020s will see ample competition.

The victors will be able to provide clean transportation at an affordable price. After all, the luxury vehicle space isn’t accessible to the general public.

If global transportation is to become carbon-neutral, an electric Ford fleet will play a large part.

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Ultra Lithium Inc. A team of clean energy experts with a finger on the pulse of clean energy news, ULI is a lithium exploration company with lithium holdings in Argentina, Canada and the US and gold holdings in Argentina. (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

Ultra Lithium Assayed Up to 54.77 G/T (1.93 OZ) Gold in Rock Samples from Mining Licenses in Argentina

Vancouver, BC – Ultra Lithium Inc. (TSX-V:ULI, OTCQB: ULTXF and Frankfurt: QFB) announces assay results of rock samples from their newly acquired Gold Mining Licenses in La Rioja Province, Argentine. A total of three grab rock samples were collected from dump material located near the historical mining areas of three mining licenses. These samples were taken for property acquisition due diligence purposes and were tested in two independent laboratories: SGS Laboratories in Burnaby, Canada, and Kunming Metallurgical Research Institute (KMI), China.

Figure 1 – Espinillo Mine – Sampling from Quartz Vein- Showing vein width 2 – 3 metres.

Gold Assay Results from 7.44 to 54.77 Grams per Ton
The results of samples analyzed at SGS Canada Laboratories indicate gold values in the range of 7.44 gram per ton (g/t) to 54.77 g/t(1.93 oz/t), silver 54 g/t to 125 g/t, copper 0.24 percent (%) to 1.24%, lead 0.09% to 22.90%, zinc 0.02% to 5.01%, iron 2.27% to 28.90%, and vanadium 0.01% to 3.07%.

A comparison of assay results for selected elements from both laboratories is provided in Table 1 with location of samples provided in Table 2.

Gold Mining Licenses Transferred To Ultra Lithium’s Argentinian Subsidiary
Following the approval from La Rioja Ministry of Mines, the titles of ULI’s recently acquired thirteen gold mining licenses have been transferred into the name of Ultra Argentina S.R.L., a wholly owned subsidiary of Ultra Lithium Inc. Under Argentinian mining laws, the exploration licenses grant the titleholder the right to prospect and perform exploration activities for a limited period of time. Whereas, the mining licenses grant the titleholder the right to develop, mine and extract minerals without any time limits.

Figure 2 – Quartz vein samples showing mineralization.

Ultra Lithium’s Plans Going Forward
Dr. Weiguo Lang, CEO of UltraLithium, stated that, “These assay results helped the Company to acquire three exploration licenses through direct staking and 13 additional mining licenses through acquisition. The Company has collected over 800-kilograms of mineralized material from existing dumps and quartz veins for testing in a metallurgical laboratory. Our field team is currently estimating the volume of mineralized material at our historical mine dumps. These estimates will provide a guide for developing a pilot scale gold processing plant in the area. Based on the assay results and field geological studies, a polymetallic gold vein deposit model is being considered for further project exploration work. The amount of free recoverable gold will be a significant factor in determining the pilot plant design. Additionally, the Company has acquired historical geological geophysical maps, reports and data which are being evaluated to enable us to launch a focused prospecting and geological mapping program to find additional prospective areas with quartz veins on the properties.”

CAUTIONARY NOTE: Grab surface samples discussed in this news release were taken from historical mine dumps and are not necessarily indicative of mineralization on Ultra Lithium’s properties.

Table 1: Assay Highlights 

Sample ID 

19cal-01

19cal-03

19esp-05

Element

Unit

KMI ChinaSGS CanadaKMI ChinaSGS CanadaKMI China

SGS Canada

Gold (Au)

g/t

17.347.4421.0910.9824.54

54.77

Silver (Ag)

g/t

85.874.00114.3125.00103.9

54.00

Copper (Cu)

%

0.800.241.000.953.00

1.24

Lead (Pb)

%

4.009.579.0022.900.30

0.09

Zinc (Zn)

%

0.020.053.005.010.09

0.02

Iron (Fe)

%

8.0028.906.006.141.00

2.27

Vanadium (V)

%

0.200.210.063.070.040.01

Notes: N.A. – Not analyzed or below detection limits

Table 2: Sample Location

Sample ID

AREA / MINING

LICENSE

LOCATION

Gauss Kruger                                Geographic

19esp-05

ESPIILLO II

3468569, 6512375

31 41 47,6 S

66 21 38,0 W

19cal-01

CALLANA VI

3465818, 6493704

31 46 26,5 S

66 21 26,6 W

19cal-03

CALLANA V

3466116, 6494355

Laboratories Used
Samples were analyzed in two different laboratories using the following packages / techniques.

Element / Package selected

SGS CANADA

KMI CHINA

Gold by Fire AssayGold by Fire Assay, package GO_FA303Gold and Silver by Fire Assay (Code: CF20190131)
All other elementsGE_ICP40BCF20190131-1to6 X-ray fluorescence spectral analysis
Over limit packagesGC_AAS42V for silver, GO_ICP90Q for copper, manganese, iron, lead, zinc, GC_ICP93A for vanadium, GE_CSA06V for sulphur

Qualified Person
The technical information contained in this news release has been reviewed and approved by Afzaal Pirzada, P.Geo., a qualified person, as defined by NI 43-101 who works as Vice President Exploration of the Company.

About Ultra Lithium Inc.
Ultra Lithium is an exploration and development company with a focus on the acquisition and development of lithium and gold assets. The Company currently holds five brine lithium properties in Argentina, and one hard rock spodumene type lithium property at the Georgia Lake area in northwestern Ontario, Canada. The Company recently diversified its portfolio by adding a total of 3 gold exploration and 13 gold mining licenses in Argentina, which it has commenced developing.

On behalf of the Board of Directors
Kiki Smith, CFO

For further information, please contact:
Kiki Smith, CFO
T: +1-778-968-1176
F: +1-604-909-4682
E: kiki@ultralithium.com
W: www.ultralithium.com
Or view the Company’s filings at www.sedar.com

Cautionary Statement Regarding “Forward-Looking” Information
Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to differ and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.