Billions in ESG Grants Available
As billions of dollars come available for grants in the European Union, it’s made one thing clear.
The ESG boom is raging on stronger than ever.
ESG, the green investment trend, is all about sustainability, with a major push being made for green energy.
And along with that comes massive trends like electric vehicles powered by lithium batteries.
Take Tesla, the EV giant for example, who saw gains of 740% last year amidst this green energy push.
Now one company plans to help tap into this booming European lithium market with their latest acquisition.
And they have plans to begin drilling in one of the best untapped areas in the EU.
United Lithium recently locked down the rights to a new property in Bergby, Sweden, located near the world famous Woxna graphite mine.
The property spans nearly 2,000 hectares of land, and one of the most intriguing parts is how much of this untapped lithium on the property outcrops at the surface.
With the precious metal being so close to the surface, that means drilling expenses would be much lower than in other locations.
And historical data from just a few years ago suggests it could be incredibly high-grade lithium as well.
In Canada, it may be considered a success when deposits are assayed at 1% or 2% lithium…
But at Bergy, several of the holes have ranged as high as 3% or 3.5% lithium.
That’s massive news considering the maximum theoretical amount is estimated to be around 7% lithium…
Which is nearly impossible to find in the field unless you’re hand-sorting rocks and picking out lithium crystals by hand.
But the economics get even better when looking at the infrastructure around the property.
In addition to being located near the Northvolt lithium gigafactory there in Sweden, they’re just an hour and a half from the nation’s capital, Stockholm…
And the largest highway in the country runs just outside their property, giving them easy access to big name customers producing lithium batteries nearby.
Plus, with a deep water port only 5 km away, it’s easy for them to transport any lithium they produce either inside Sweden or throughout the European Union.
So with dozens of new gigafactories now up and running around the region, United could easily transport lithium around the region with minimal cost for transportation.
And things could be heating up for this exciting lithium company in the next few months.
DOWNLOAD OUR NEW REPORT TO DISCOVER WHY THIS COULD BE THE MOST EXCITING PHASE FOR INVESTORS IN UNITED LITHIUM’S NEW DISCOVERY
Catalysts Set To Roll In Shortly
With United having plans to begin drilling in April, we already have historical data suggesting we could soon hear about the next great lithium discovery.
In 2017, the previous property owners drilled 33 holes to test for lithium and determine how much was there.
Of the 33 holes, 28 of them intersected lithium mineralization.
So United is confident they could be sitting on high-grade lithium that comes right to surface.
But with it being open on strike to both the north and the south, the deposit could run even further than they suspected during historical drilling.
That means that once they break ground in early April, their drill program could continue on much longer than planned if results are positive.
And others in the know are also showing their support as United plows ahead toward the upcoming drill program.
Now that United has purchased the rights to the Bergby project from Leading Edge, the previous owner, Leading Edge’s CEO is planning to stay involved…
And their exploration team is also being made available to United’s team over the next year…
Which means they’ll have two key pieces available to help guide them in the right direction moving forward, two of the people who are more familiar with Bergby than anyone else.
Once drilling begins and results are sent to the lab to test just how rich this deposit runs…
We could have a steady stream of news set to send United soaring by the end of May.
They’ve already raised millions in funding, so with the low production costs at Bergby, the drill program is fully funded.
For investors, this offers the chance to get into a company that shows great potential in the booming lithium markets, especially as Europe is pouring billions into the companies helping to fuel the next-generation of batteries.
GET OUR EXCLUSIVE REPORT ON WHY UNITED LITHIUM COULD BE SITTING ON THE EU’S BEST HIDDEN LITHIUM PLAY
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