Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,512.38 -3.89 -0.03%
TOPIX 1,171.40 -1.97 -0.17%
HANG SENG 22,760.24 64.23 0.28%

Lithium Corporation Commences Drilling At Fish Lake Valley


FSC / Press Release

Lithium Corporation Commences Drilling At Fish Lake Valley

Reno, Nevada US, November 29, 2012 /FSC/ - Lithium Corp. (LTUM - OTCBB), is pleased to announce that a portion of the Fish Lake Valley playa in the area where anomalous lithium/boron/potash brine mineralization was discovered in 2011 has dried sufficiently to allow drilling operations. The Company has engaged Cascade Drilling for the drill program, a drill has been mobilized to the site, and drilling has commenced in the area of the anomaly.

Lithium Corporation intends to test the area that contains anomalous brines to delineate zones that may be conducive to the formation of a "Silver Peak" style lithium brine deposit.

For further information please contact Samantha White at Lithium Corporation at (888) 299-3989 or via email at info@lithiumcorporation.com

About Lithium Corporation

Lithium Corporation is an exploration company based in Nevada devoted to the exploration for new lithium resources within the Great Basin. The Company explores and develops potentially economic lithium-enriched brine fields, with an eye to becoming a long-term producer of this increasingly strategic and economically important commodity. John E. Hiner, Lithium Corporation's Vice President of Geology who is Licensed Geologist in the State of Washington, and Registered Member of SME, a qualified person as defined by National Instrument 43-101 has reviewed and approved the information provided in this news release.

Notice Regarding Forward-Looking Statements

This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, exploration and development of our mineral properties, specifically in regards to any future drilling programs.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of minerals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

To view this release as a web page, please click on the following link: http://www.usetdas.com/pr/lithium11292012.htm

Source: Lithium Corp. (LTUM: OTCBB) www.lithiumcorporation.com Maximum News Dissemination by FSCwire. http://www.fscwire.com

Provider ID: 00020696 -0- Nov/29/2012 13:30 GMT

Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement