United Lithium Corp. reported the first set of diamond drilling results from its 2023 Drill Program at the Bergby Lithium Project (Bergby or the Project). Prospecting and subsequent drilling during 2023 have discovered two new high-grade spodumene-bearing pegmatite bodies, Pegmatites ?D? and ?E,?

bringing the total drilled on the Project to five. Bergby is a 100%-owned, district-scale, hard rock lithium project covering 10,828 hectares (ha) near great infrastructure and the coast of the Gulf of Bothnia in Central Sweden. The Project hosts numerous LCT (lithium-cesium-tantalum enriched-type) granitic pegmatites, five of which have been drill-confirmed.

The 2023 Drill Program is ongoing, with further results pending, and has been expanded from 4,000 metres (m) to 6,000 m due to the encouraging results. The Company will host a webinar on November 29th, 2023, at 1:15 pm PST. Highlights: Five spodumene-bearing pegmatites drill-confirmed at Bergby to date, with a collective strike length of 4,000 m and thickness up to 24 m; Drilling assay results for Pegmatite D include: 1.92% Li2O over 26.80 m from 3.60 m depth down hole (hole BBY23132); 1.54% Li2O over 28.01 m from 9.12 m depth down hole (hole BBY23135); 1.82% Li2O over 12.97 m from 14.05 m depth down hole (hole BBY23138); and 1.96% Li2O over 9.68 m from 38.87 m depth down hole (hole BBY23141).

New discoveries Pegmatite D and Pegmatite E currently being drilled; and a sixth, Pegmatite F, discovered in an outcrop, yet to be drilled; Fully funded drill program expanded by 50% to 6,000 m continuing into first quarter 2024; Newly identified pegmatite outcrops and several unsourced spodumene-bearing pegmatite boulder trains remain to be further explored, and Much of the district-scale project is yet to be explored. Drill Program Details: The 2023 Bergby Drill Program (the Drill Program) commenced in April 2023 (see news release dated April 20, 2023) with a plan to complete approximately 4,000 m of diamond drilling across a proposed 50 drill holes. The Drill Program is designed to test newly identified spodumene-bearing outcrops and to further define spodumene-bearing bodies along strike, down dip and with infill holes.

In conjunction with drilling, prospecting and surface sampling were undertaken to continue identifying new spodumene-bearing outcrops and boulders. Based on the success of the 2023 Drill Program so far, drilling has been expanded to approximately 6,000 m and is expected to be completed in first quarter 2024. To date, 4,291.50 m has been completed across 50 holes in newly discovered Pegmatites D and E. Of these, 44 intercepted pegmatite and 38 holes have confirmed spodumene (visually identified).

Results are reported here for 14 drill holes, completed between mid-April and mid-June, 2023. Further assay results are pending for the remainder of Pegmatite D and Pegmatite E. The 2023 Drill Program is fully funded after completing a CAD 7 million private placement earlier this year. Pegmatites D and E lie 2,600 m and 3,200 m north northwest, respectively, from the first discovery, Pegmatite A, which was first drilled in 2017 by a previous operator.

All spodumene-bearing pegmatites drill tested at Bergby were identified by outcrop and boulder train mapping. All pegmatites remain open to depth and along strike, and several outcrops and unsourced spodumene-bearing boulder trains warrant drill testing. Additionally, at least one-third of the property remains unexplored using the Company?s highly successful prospecting methods, highlighting the excellent potential at Bergby for further discovery.