Canada Lithium Announces Results of Water Discharge Tests; Metal Levels Within Acceptable Concentration Levels

 Canada Lithium Announces Results of Water Discharge Tests; Metal Levels Within  Acceptable Concentration Levels  TSX: CLQ; U.S. OTC: CLQMF  TORONTO, March 27, 2013 /CNW Telbec/ - Canada Lithium Corp. ("Canada Lithium"  or the "Company") (TSX: CLQ) (U.S. OTC: CLQMF) announced today that assay  evaluation of the recent water discharge from the process-water cell in its  Tailings Management Facility (TMF) has confirmed that all assays and tests on  the discharge water indicate metal levels were within acceptable levels of  discharge into the environment.  The Company also reported that discharge-water samples containing suspended  solids, which were above normal levels, were also tested for potential  toxicity to fish populations, specifically rainbow trout. These tests proved  negative as well.  In a press release dated March 20, Canada Lithium reported that it had  notified the Québec Ministère du Développement durable, de l'Environnement  de la Faune et des Parcs (MDDEFP) of the water discharge from a cell in its  TMF on March 19. The MDDEFP's preliminary assessment indicated that  approximately 50,000 cubic metres of water were released, and the Company was  allowed to carry on with the commissioning of its lithium carbonate processing  plant and its use of the remaining tailings cell.  The initial evaluation of the source of the leak has identified a  50-centimetre-long tear along the southern wall of the geo-membrane.  Specialists from Golder Associates, the geotechnical consultant for the TMF,  and personnel from the MDDEFP have been on-site to inspect the tear. Golder  personnel will remain on-site as remediation efforts begin and, as previously  indicated, the Company will provide a remedial action plan to the MDDEFP.  The Company is currently installing a water treatment system to insure that,  while repairs are under way, water accumulations from melting ice and snow in  the pond will be filtered for suspended solids.  As noted previously, the Company does not expect any delay in commissioning or  increase in capital costs relating to the event.  The Company will continue to monitor the situation closely and is committed to  its ongoing approach to sustainable development and the prevention or  mitigation of the impact of its activities on the environment. The Company has  developed a number of practical programs for environmental management, which  include input from its local communities, as well as from experts in these  fields.  About Canada Lithium Corp.  The Company holds a 100% interest in the Québec Lithium Project near Val  d'Or, the geographical heart of the Québec mining industry. It has completed  construction and is in the commissioning phase of an open-pit mine and on-site  processing plant with estimated capacity to produce approximately 20,000  tonnes of battery-grade lithium carbonate annually. Metallurgical tests have  produced battery-grade lithium carbonate samples. A five-year off-take  agreement for a minimum of 12,000 tonnes per year was recently signed with  Tewoo-ERDC, one of China's largest commodities traders. A second off-take for  up to 5,000 tonnes per year was recently signed with Marubeni Corp., a major  Japanese commodities trading company. Lithium carbonate is used in lithium-ion  batteries that power consumer electronics (laptops, tablets, etc.), power-grid  storage facilities and electric and hybrid vehicles. The Company trades  under the symbol CLQ on the TSX and on the U.S. OTCQX under the symbol CLQMF.  Cautionary Statement Regarding Forward-Looking Information  This press release contains "forward-looking information" within the meaning  of Canadian securities legislation. Forward-looking information is based upon  the Company's beliefs, estimates and opinions as at the date of this press  release, which the Company believes are reasonable, but no assurance can be  given that these will prove to be correct.  Forward-looking information is based upon certain assumptions by the Company  or its consultants and other important factors that, if untrue, could cause  the actual results, performances or achievements of the Company to be  materially different from future results, performances or achievements  expressed or implied by such information.  Some of these assumptions include, among other things, that the remedial  action plan proposed by the Company will be acceptable to the MDDEFP, that the  leak in the storage facility can be corrected in a timely manner and without  significant cost, that the MDDEFP will not impose any penalties or fees in  connection with the water discharge or that such fees will be minimal, that  further studies will confirm there has been no environmental damage and that  the MDDEFP will not request operations to be halted while the occurrence is  being further reviewed.  Readers are cautioned not to place undue reliance on forward-looking  information contained in this press release. All forward-looking information  contained in this press release or incorporated by reference herein is  expressly qualified by this cautionary note. Furthermore, the Company  undertakes no obligation to update or revise forward-looking information  contained herein if these beliefs, estimates and opinions or other  circumstances should change, except as otherwise required by applicable law.  Peter Secker, CEO and Deputy Chairman (416) 361-2821  Olav Svela, Director, Investor Relations (416) 361-2821 or (416)  479-4355 or  emailosvela@canadalithium.com  Christine Stewart, Renmark Financial Communications Inc. (416) 644-2020  or  emailcstewart@renmarkfinancial.com  Please visit the Canada Lithium website atwww.canadalithium.com or copy the  following link into your Web browser to view our Photo   Gallery:http://www.canadalithium.com/s/PhotoGallery.asp. You can also follow  us on Facebook and Twitter. On our Home Page,  there is also a link to a  recent video that aired on Discovery  Channel'sDaily Planet program.  Corporate Office: 401 Bay Street, Suite 2010, Box 118, Toronto, ON, M5H  2Y4  SOURCE: Canada Lithium Corp.  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/March2013/27/c8813.html  CO: Canada Lithium Corp. ST: Quebec NI: MNG ENV ECOSURV