Work Continues at Lithium Corporation's BC Graphite Property

FSC / Press Release 
Work Continues at Lithium Corporation's BC Graphite Property 
Las Vegas, NV, August 27, 2013 /FSC/ - Lithium Corp. (LTUM - OTCQB), (the
"Company", or "Lithco") is pleased to announce that it has increased the size of
its BC Sugar flake graphite property to a little over 18,800 acres (7,608.375
hectares).  Prospecting and geological work has been ongoing at the property
over the summer, and several graphite prospects have been discovered with the
best prospect to date grading over 5% flake graphite.  A number of mineralized
boulders have also been encountered at various locations on the property, which
appear to indicate that the mineralized horizon or horizons may be found at
other locales within the claim block. 
Prospecting work was performed on the Mt Heimdal property in June/July and
several mineralized zones were noted here, the best of which graded 3.72% flake
graphite.  Although the work was encouraging it was decided that the company
would be best served by focusing on the BC Sugar property.  Lithium Corp has
negotiated an agreement with the vendor of Mt Heimdal whereby the vendor will
assign its 100% interest in the property for a 2% "Net Smelter Royalty" on any
proceeds from future production from the property. 
The BC Sugar property is well placed in the Shushwap Metamorphic Complex, in a
geological environment favorable for the formation of flake graphite deposits,
and is in an area of excellent logistics, with a considerable network of logging
roads within the project area.  Additionally the town of Lumby is approximately
19 miles (30 kms) to the south of the property, while the City of Vernon is only
30 miles (50 kms) to the southwest of the western portions of the claim block. 
Elsewhere, the Company anticipates the commencement of drilling at its Fish Lake
Valley lithium brine property the beginning of September, after a strong
rainstorm in late July necessitated postponing this work. 
For further information please contact Andy Dewey at Lithium Corporation at
(775) 410-2206 or via email at 
About Lithium Corporation 
Lithium Corporation is an exploration company based in Nevada devoted to the
exploration for new lithium resources within the state of Nevada.  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. 
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 the press release as a PDF file, please click on the following link: 
Source: Lithium Corp. (LTUM: OTCBB)
Maximum News Dissemination by FSCwire. 
Provider ID: 00022109
-0- Aug/27/2013 11:01 GMT
Press spacebar to pause and continue. Press esc to stop.