United Lithium Corp (CSE:ULTH, OTC:ULTHF) told investors it has established a large land position in a historic pegmatite mining district in Fremont County, Wyoming, staking some 1,844 hectares of new exploration project area.
The company, in a statement, noted that the newly staked area, which will be referred to as the Freedom project, comprises extensive pegmatite outcrops, and has been known to host spodumene, lepidolite and tantalite-hosting pegmatites on the property.
It is easily accessible by a network of gravel roads that are connected to US Route 20, the company added.
“We are pleased to add a third hard-rock pegmatite project to our US portfolio,” said chief executive Scott Eldridge.
“Similar to the projects in Colorado and South Dakota, this property sits within a historic mining district that hosts an extensive lithium-cesium-tantalum pegmatite field.”
“Freedom is the fifth hard-rock pegmatite project in United’s portfolio.”
Eldridge added: “Our geographically diverse holdings are spread across Sweden, Finland, and the US, and provide shareholders multiple discovery opportunities within one company.”