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Last $0.03 USD
Change Today -0.0001 / -0.40%
Volume 8.5K
LTUM On Other Exchanges
As of 5:20 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).

lithium corp (LTUM) Snapshot

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12/1/14 - $0.07
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11/12/15 - $0.02
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lithium corp (LTUM) Details

Lithium Corporation, an exploration stage mining company, engages in the identification, acquisition, and exploration of metals and minerals with a focus on lithium mineralization on properties located in Nevada. The company holds interests in the Fish Lake Valley property that covers approximately 3,200 acres located in west central Nevada in northern Esmeralda county; and the San Emidio property, which covers an area of approximately 1,600 acres located in Washoe County in northwestern Nevada. It also holds interests in the BC Sugar flake graphite property covering an area of approximately 19,816 acres located in British Columbia; and the Mount Heimdal flake graphite property that comprises 3 mineral claims, which covers an area of 2,582 acres, located in the Slocan mining division of British Columbia, Canada. The company was formerly known as Utalk Communications Inc. and changed its name to Lithium Corporation in September 2009. Lithium Corporation was founded in 2007 and is headquartered in Las Vegas, Nevada.

lithium corp (LTUM) Top Compensated Officers

President, Secretary, Treasurer, Director and...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

lithium corp (LTUM) Key Developments

Lithium Corporation Receives Results from Preliminary Geophysical Surveys at the BC Sugar Flake Graphite Prospect in South Central British Columbia

Lithium Corporation announced that it has received the results from the preliminary geophysical surveys at the BC Sugar flake graphite prospect in south central British Columbia. Due to the survey being conducted so soon after the snow melt the Ground Penetrating Survey did not prove particularly useful, as the saturated sediments near surface attenuated or absorbed the bulk of the radar waves - both transmitted and received, so that the data was sub par on four of the five lines. However the GEM-2 electromagnetic survey did pick up the mineralized zone, exhibiting a robust, wide anomaly in the area of the Weather Station showing, where the Company has made application to the BC Ministry of Energy and Mines to trench this year. Additionally the EM survey appears to have determined that the zone does extend to the west of the above showing in areas where it has not been previously mapped due to coverage by glacio-fluvial till. Lithium Corporation is currently evaluating the benefits of possibly expanding on the data acquired from this program.

Lithium Seeks Property Acquisitions

Lithium Corporation (OTCPK:LTUM) announced the beginning of the field work of a generative program. The program is basically designed to evaluate the properties for potential acquisition. Properties will be evaluated by examining the soil and brine samples for prospective lithium mineralization.

Lithium Corp Mulls Acquisitions

Lithium Corporation (OTCPK:LTUM), which has entered into an agreement to sell its interests in the BC Sugar flake graphite property, is looking for futher acquisition opportunities. Altura Mining Limited (ASX:AJM) stated that at the conclusion of the deal, Lithium Corporation will be in a strong cash position to move forward with its current project portfolio as well as continuing to seek out suitable acquisition opportunities in North America.


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