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Ultra Lithium receives work permit for South Big Smoky Valley lithium project

Ultra Lithium Inc.said April 13 that it has received a notice-of-intent exploration work permit fromthe Bureau of Land Management for its SouthBig Smoky Valley lithium project in Nevada.

The company signed a drilling contract with Harris ExplorationDrilling to drill two holes for at least 4,000 feet of core drilling as part ofthe phase-one drill program, which will test two brine lithium targets identifiedin December 2015.

Drilling is expected to begin at the end of April.

Ultra Lithium has also staked and claimed 115 new placer claimsin the south Big Smoky area.