132020Dez

Mineral Property Option Agreement

This press release contains information regarding neighbouring or similar mineral properties for which the company has no interest or right to explore or recover. Readers are informed that the company has no interest or right to acquire such properties and that the mineral resources and results of mining on neighbouring or similar properties do not indicate any mining deposits on the characteristics of the business or a possible valuation of those properties. In 1890, the discovery of gold in the Lardeau River under Trout Lake was closely followed by the discovery of gold in Poplar Creek and the vein deposits hosted by Greenstone. The largest precipitation in the region was in June 1903, with the discovery of coarse gold visible in quartz and sulfidadern on the gold park in Sweden (later the Goldsmith) and the claims of Lucky Jack. The initial gold rush lasted only a few months, as high-quality surface mineralization rapidly deteriorated, but important work remained active until 1930. VANCOUVER, BC / ACCESSWIRE / 2. November 2020 / United Lithium Corp. (CSE:ULTH) (OTC PINK:ULTHF) (FWB:0UL) („ULTH“ or „company“) is pleased to announce that it has entered into an entry agreement (the „agreement“) with Wealth Minerals Limited („WML“) that the company is the exclusive option to acquire in several phases up to seventy percent (70%) has been recognised. Interest in The Harry Project is fuelled by lithium-rich waters from the El Tatio Geyser field, flowing south into the Salar de Atacama and the United Lithium Corp concessions in the lithium triangle. The company can also reach up to one hundred percent (100%) Gain interest in the Vapor project (the „Vapor Project“ and with the Harry Project, the „Projects“), which covers about 4,200 hectares to the north near the Chilean border. The historical fieldwork consists of at least six adits on the Bullock and Goldsmith claims, as well as various works on the north side of Poplar Creek, most of which are part of the historic Gold Park Group (now all part of the Goldsmith Land), all completed before 1930.

Many veins were exposed in open and short adits in green stone and coarsely crystalline carbonate rock, the damaged product of which provided a lot of free gold. Henk Van Alphen, CEO of Wealth, said: „Goldsmith is a welcome addition to the Kootenay project and the evidence of high-quality gold mineralization in this country provides further evidence that the particular mineralized horizons we follow in Lardeau rocks are very forward-looking for both base metals and precious metals.“ Limited reconnaissance work along access roads to Lardeau has identified Listovitchian swimmers in northern astronomical streams, the same types of rocks associated with gold at Goldsmith. Listwanite is a product of ultramapĂȘche rock quartz carbonate modification containing nickel (often serpentinite) and is associated with both VMS nickel-cobalt deposits and high-quality orogeny mineralization. Listwanite modified ultra-mafiated rocks are associated with massive sulphide and oreogen gold throughout the Lardeau Group`s green rock region, from the Goldstream mine 90 km north of Revelstoke to Ledgend land 25 km north of Kaslo, as well as several other gold belts in the Cordillera.