THE PIGS MONDAY NIGHT MADNESS

THE PIG IS OUT WITH ONE OF HIS PIGLETS LATER TONIGHT FOR A HOGGEY GAME OF HIS OWN. SO THE PIG WILL HAVE TO KEEP THINGS BRIEF TONIGHT.

SOME NEWS FIRST AND THEN ON WITH THE SCANS.......

Ultra Lithium Signs Agreement to Acquire 100% Interest in Nevada Lithium Project 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 1, 2010) - Ultra Lithium Inc. (TSX VENTURE:ULI) ("Ultra" or "the Company") is pleased to announce that it has entered into a mineral property acquisition agreement, through its wholly-owned subsidiary, Ultra Lithium (USA) Inc., to acquire a 100% interest in up to 364 placer claims (7,280 acres) strategically located in the South Big Smokey Valley, Esmeralda County, Nevada (the "Property").


South Big Smokey Valley shares a similar geology and weathering history to Clayton Valley, located 16 miles to the south. The north end of Clayton Valley hosts Chemetall Foote Corporation's Silver Peak Mine, the only lithium brine producer in the United States. Mine production comes from a lithium enriched brine located below the surface. This plant has been in production since 1967 and is designed to produce up to 1.2 million kilograms of lithium hydroxide per annum.


Commencing in the 1970's the United States Geological Survey ("USGS") carried out a series of regional reconnaissance programs including sampling and drilling in Big Smokey Valley. Gravity surveys over the region also identified various structures that may have created topography favorable for evaporite accumulation and subsequent traps, which potentially could host commercially viable mineral rich brines. A study by Price, Lechler, Lear and Giles in 2000, suggests that lithium was released into the Clayton Valley basin by the weathering of high-lithium-bearing rocks. Similar lithologies and weathering history exist in the adjacent Big Smokey Valley.

The Company's exploration of the South Big Smokey Valley claims will evaluate the potential for lithium enriched brines within this highly prospective basin.

Tony Ricci, CEO of Ultra Lithium, stated, "We are pleased with this significant acquisition of a lithium brine project in the Big Smokey Valley in Nevada. The Company is also evaluating several other acquisitions and JV opportunities."

The Property has been acquired from an arms length vendor. Acquisition costs are a total of US$150,000 and 1,500,000 shares. The Company agreed to issue an aggregate of 300,000 common shares to arm's length parties as finders' fees related to this acquisition.


This Agreement is subject to the approval of the TSX Venture Exchange.


Lithium is a component, or is used in, the production of a wide variety of products including glass, ceramics, aluminum, lubricants, pharmaceuticals, and batteries, especially those used in consumer and industrial electronics. Demand for the metal is projected to increase significantly as lithium-ion batteries are further applied to electric and hybrid-electric vehicles, particularly in light of the recent investment and significance the US government has placed on the domestic production of lithium.


Ultra Lithium Inc. is a Canadian junior mining exploration Company with a focus in lithium and rare earth metals. The Company is committed to evaluating, developing and acquiring projects with potential for high return-on-investment.


The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the Company by Mr. Ishiung J. Wu, Ph.D., a technical consultant to the Company and a qualified person.

We seek safe harbour.
ON BEHALF OF THE BOARD OF DIRECTORS,
Ultra Lithium Inc.
Tony M. Ricci, CEO and Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Ultra Lithium Inc.
Tony M. Ricci
CEO and Director
(604) 669-9788
(604) 669-9768 (FAX) 

YLL.V...ONE OF THE TWO BIG NUMBER CHUCKERS OF THE NIGHT. DECENT NUMBERS ON THE CORPORATE SIDE, AND ON THE LATEST NEWS RELEASE, ALONG WITH A HIGHLY FOLLOWED NEWSLETTER WRITERS RECCO HAVE THIS PIGGY PORKING WITH PORKTENTIAL. THE SCANNER SHOWED IT HIGH IN 9 OF 10 VECTORS. MOMENTUM COMING ALONG WITH IT. THE PIGS SURE THIS ONE WILL BUST OUT, THE NUMBERS SAY SO ANYWAY.....

GDW.V....SECOND BIG PIGLET OF THE NIGHT. NO STORY, AND NO REASOIN IT SEEMS BUT THIS PIGLET SCANNED INTO THE LIMELIGHT TONIGHT. 8 OF 10 AREAS SCORED ABOVE AVERAGE NUMBERS. THE PIG HAS NO IDEA WHATS UP...............LETS KEEP AN EYE ON IT TO SEE IF IT GOES UP...........LIQUIDITY PRESENT THEN AN ACCESS POINT MAY BE CONSIDERED....IF NEWS HITS ...A CRACK MAY APPEAR FOR US PIGS...

THE PIG SAYS TO WATCH FEX.V FOR A POSSIBLE BREAK OUT ON THE UPSIDE. THE PIG HAS SPIES IN THE BARNYARD WHO TELL HIM THAT THIS IS COMING. SHOULD YOU BUY IT ? THAT'S UP TO YOU. THE PIG DOES NOT LIKE TO BUY UNLESS THE CHART AND THE SCANNER MATCH UP. THE PIG DOES NOT LIKE TO GET INTO TOO MUCH RUMOUR MONGERING OR STOCK PROMOTIONS AS ITS A DANGEROUS GAME. BUT SINCE THIS WAS LAID AT THE PIGS HOCKS, HE'S PASSING IT ON TO YOU.