Fifteen Lithium-Bearing Pegmatites Identified as United Lithium Completes Surface Sampling Program at the Patriot Project, Colorado

VANCOUVER, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) -- United Lithium Corp. (CSE: ULTH; OTC: ULTHF; FWB: 0ULA) (“United” or the “Company”) is pleased to announce that 15 lithium-bearing pegmatites have been identified on its 100%-owned Patriot Project (the “Patriot Project”), in Colorado. Nine of the fifteen are new discoveries and the remaining six, while new to United, were identified from historical records and confirmed with recent sampling. Results are from a surface bedrock sampling program completed over the entire 2,580 hectare (“ha”) Patriot Project, which is located within the Quartz Creek historical pegmatite mining district. The nine new occurrences were not identified in historical mapping work as being lithium-bearing. This recent surface sampling program was highly successful, having returned high-grade results of up to 3.97% Li₂O (“lithium oxide”).

Highlights

• United identified 15 lithium-bearing pegmatite occurrences in the recent program, nine of which are new discoveries with no known historical mining or record of hosting lithium-bearing minerals;
• Assay results include rock samples hosting 2.34% Li₂O, 1.61% Li₂O, and 1.54% Li₂O among several other high-grade results;
• United sampled four known historical mines and several historical test pits on the Patriot Project which returned results including 3.97% Li₂O, 3.38% Li₂O, 1.65% Li₂O, and 1.16% Li₂O;
• The largest lithium-mineralized pegmatite body exposed at surface has an outcrop strike length of approximately 470 metres at an average exposed width of 50 metres with the highest grade sampled being 1.84% Li₂O; and
• Colorado is ranked as the 5^th best mining jurisdiction in the world according to the Fraser Institute’s Investment Attractiveness Index.¹
  

Scott Eldridge, United’s President and CEO stated: “Our Patriot project lies within a past producing lithium pegmatite district, yet until United began mapping and sampling, the area had not seen modern systematic exploration efforts. The multiple high-grade results of up to 3.97% lithium oxide further supports our enthusiasm of the discovery potential at Patriot. With fifteen separate lithium-bearing outcropping pegmatite bodies, we are highly encouraged to advance towards a maiden drill campaign in the spring.”