Bergby is a 100%-owned, district-scale, hard rock lithium project covering approximately 8,000 hectares ('ha') near infrastructure and the coast of the Gulf of Bothnia in
Highlights: New drilling assay results for the newly discovered fourth pegmatite 'D' include: o 1.05% Li2O over 32.75 metres ('m') from 75.95 m depth down hole (hole BBY23155); including 2.42 Li2O over 7.04 m from 97.72 m depth. 1.01% Li2O over 8.01 m from 22.89 m depth down hole (hole BBY23150);0.86% Li2O over 14.45 m from 35.23 m depth down hole (hole BBY23152); 0.84% Li2O over 11.87 m from 83.06 m depth down hole (hole BBY23154); Including 1.86% Li2O over 5.08 m from 83.06 m depth down hole.
'These additional results on the recently discovered fourth lithium-bearing pegmatite D at Bergby further demonstrate the attractive grades and thicknesses we are seeing near surface on multiple pegmatites. Pegmatite D has now demonstrated a strike length of over seven-hundred metres and remains open, the combined strike of the pegmatites now exceeds four kilometres. We anticipate further results on 35 more drill holes pending assay results from both pegmatite D and E, where both had never been drill tested prior to the current program,' stated United's President and CEO,
'Our exploration team continues to deliver highly encouraging results as we unlock the potential of the Project. Bergby is encompassed by world-class mining infrastructure contributing to efficient exploration costs. We look forward to releasing the next batch of results once we receive assays back from the lab.'
2023 Bergby Drill Program Details
The Drill Program commenced in
Results are reported here for 10 drill holes completed across the north-northeast striking Pegmatite D. Pegmatite D has been drill tested along a strike length of 730 m and to a depth of 120 m below surface and has an estimated maximum width of 22 m. Notable intersections in the current results include 1.05% Li2O over 32.75 m, from 75.95 m depth downhole (estimated true width of 16.67 m) in hole BBY23155. This includes a high-grade interval of 2.42% Li2O over 7.04 m from 97.72 m depth down hole (estimated true width of 3.58 m).
Pegmatite E has been drill tested along a strike length of 440 m to a depth of 150 m depth below surface and has an estimated maximum true width of 15 m. Further assay results are pending for the remainder of mineralized intersections encountered in Pegmatite D and all intervals for Pegmatite E.
Geology
The Project is situated within the Hamrange synform in the west-central part of the Fennoscandian Shield. The stratigraphy in the area consists of mica schist overlain by 1.88 billion years ('Ga') old felsic and mafic volcanic rocks, followed by metaquartzite (< 1.86 Ga) believed to have formed during an 1.86-1.83 Ga intra-orogenic phase. Geological and isotopic data suggests an oceanic island arc signature of the metavolcanic rocks. The surrounding 1.86 Ga granitoids of the Ljusdal Batholith is believed to have been formed in an active continental margin setting. When not covered by till (typically less than 3 m depth), extensive pegmatite boulders and outcrops have been found on the Project. The strike of pegmatites follows the general trend of host rock foliation, NNW-SSW. All five drilled lithium-mineralized pegmatites at Bergby are spodumene bearing, with Pegmatite A also containing petalite. Pegmatite A displays a shallow 20-degree dip to the WNW, whereas the other four bodies (B, C, D and E) are more subvertical (at 65-degree to 88-degree).
Quality Assurance and Quality Control
Core drilling is being undertaken by
Certified reference standards, duplicate and blanks are routinely inserted into the core drilling sample stream as part of United's quality control/quality assurance program ('QA/QC'). No QA/QC issues were noted with the results reported herein. The Company's Qualified Person is of the opinion that the sample preparation, analytical, and security procedures followed are sufficient and reliable. The Company is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data reported herein. All drill intercepts reported are down-hole core lengths.
About the
Bergby consists of ten exploration licenses covering 7,897 ha located near the coast of the Gulf of Bothnia in central
Contact:
Tel: +1-604-428-6128
Email: scott@unitedlithium.com
About
Forward-Looking Statements
This news release includes 'forward-looking statements' and 'forward-looking information' within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the potential of the
Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company's projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; contests over title to properties; changes in project parameters as plans continue to be refined and impact of the COVID-19 pandemic. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of lithium and other metals and minerals; the demand for lithium and other metals and minerals; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company's expected financial and operational performance and the Company's plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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