Ontario (department store)

Palladium One Expands Its Tyko Nickel - Copper District by 8,620 Hectares, Ontario, Canada

Retrieved on: 
Monday, September 11, 2023
Smoke, Mag, Wawa, Ontario Geological Survey, VMS, Zinc, TSX Venture Exchange, Palladium, EM, FSE, Gravity anomaly, PDM, Government, Ontario (department store), Acquisition, Soil, Fairy, Copper, National instrument, Anomaly, PGE, National Instrument 43-101, Qualified person (European Union), Noranda, Electromagnetism, CU, Completion, Complex, Uranium mining, Rare-earth element, Cryptocurrency, Granite, Closing, Nickel, Tyko, Manitouwadge, Magnetism, Smoke Lake

-- Historic exploration has identified multiple copper - nickel - PGE showings which are associated with the Faries-Moshkinabi Mafic-Ultramafic complex and which share geological similarities to the Tyko I Property.

Key Points: 
  • -- Historic exploration has identified multiple copper - nickel - PGE showings which are associated with the Faries-Moshkinabi Mafic-Ultramafic complex and which share geological similarities to the Tyko I Property.
  • Tyko II brings an additional pipeline of drill permitted magmatic copper - nickel sulphide targets.
  • The Tyko II project has many geological similarities to Tyko I with several untested historic EM anomalies.
  • Geological map of the Tyko II Property (in yellow) highlighting historic copper - nickel showings and EM anomalies.

Ultra Lithium Closes Sale of 60% of Georgia Lake and Forgan Lake Properties to Yahua and Enters Joint Venture

Retrieved on: 
Tuesday, May 10, 2022
Lithium, Metallurgy, NI, BMW, Party, JV, Volkswagen, TSX, CEO, Bangladesh Petroleum Exploration and Production Company Limited, TSX Venture Exchange, Joint venture, Thunder Bay, Director, Company, Glass, NSR, News, Ellicott Development Co., BTR, Medicine, Xin Zhongguo weilai ji, TESLA, Board of directors, R, Sale, Acquisition, Board, Ontario (department store), Mining, GLOBE, Gold, ULT, Shareholder, BYD, Shenzhen Stock Exchange, Oil, Property management, Uranium

The Joint Venture (JV) with Yahua holding a 60% and Ultra Lithium holding a 40% interest has been formed.

Key Points: 
  • The Joint Venture (JV) with Yahua holding a 60% and Ultra Lithium holding a 40% interest has been formed.
  • We want to closely work with the local communities to develop the Georgia Lake / Forgan Lake properties with financial backing of a large lithium producer in the world.
  • The Board of Directors of the JV will have five members, three of whom will be nominated by Yahua International and two by Ultra Lithium.
  • The Company holds a brine lithium property in Argentina, and hard rock spodumene type lithium properties at the Georgia Lake / Forgan Lake area in northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nevada, USA.

Ultra Lithium Enters Joint Venture Agreement with Yahua and Announces Private Placement

Retrieved on: 
Wednesday, April 20, 2022
Lithium, TSX Venture Exchange, GLOBE, Sale, Gold, BTR, Shenzhen Stock Exchange, BYD Company, Director, Xin Zhongguo weilai ji, Mining, TSX, Acquisition, BYD, Agreement, Party, JV, Bangladesh Petroleum Exploration and Production Company Limited, Company, NSR, Glass, Partnership, TESLA, News, CEO, Board, Shareholder, Thunder Bay, Medicine, Metallurgy, R, Offering, BMW, Volkswagen, Ontario (department store), Iranian Rail Industries Development Co, NI, Person, Board of directors, Joint venture, Oil, Security (finance), Uranium, Unit

Upon completion of the above consideration payments, the JV with Yahua holding a 60% and Ultra Lithium holding a 40% interest will be formed.

Key Points: 
  • Upon completion of the above consideration payments, the JV with Yahua holding a 60% and Ultra Lithium holding a 40% interest will be formed.
  • Ultra Lithium looks forward to a robust exploration program for the hard rock lithium properties in Northern Ontario in 2022.
  • Yahua Lithium is one of the major suppliers of lithium salt products in the world and one of the largest lithium hydroxide suppliers for TESLA.
  • Ultra Lithium Inc. is an exploration and development company with a focus on the acquisition and development of lithium, gold, and copper assets.

Ultra Lithium Completes Acquisition of Forgan Lake Lithium Property and Provides Corporate Update

Retrieved on: 
Thursday, April 14, 2022
Lithium, Ontario (department store), News, CEO, Thunder Bay, Government, Lithium carbonate, Zeolite, Permeability, Property, GLOBE, Gold, NI, Bangladesh Petroleum Exploration and Production Company Limited, Company, Mining, Sulfide, TSX, Acquisition, Clay, Drill, ILC, Sand, Uranium, Lucky Lake Airport, Lithium oxide

The parties entered into an amended agreement wherein Ultra Lithium acquired 100% of Forgan Lake for a cash payment of $150,000.

Key Points: 
  • The parties entered into an amended agreement wherein Ultra Lithium acquired 100% of Forgan Lake for a cash payment of $150,000.
  • Dr. Weiguo Lang, CEO of Ultra Lithium, stated, We are very pleased to provide this corporate update.
  • Ultra Lithium Inc. is an exploration and development company with a focus on the acquisition and development of lithium, gold, and copper assets.
  • The Company holds a brine lithium property in Argentina, and hard rock spodumene type lithium properties at the Georgia Lake / Forgan Lake area in northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nevada, USA.