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  • smallcpguru smallcpguru Apr 28, 2011 1:22 PM Flag

    LTUM more news!!!!!!!!

    April 28, 2011, 8:30 a.m. EDT

    Lithium Corporation Announces Positive Brine Sampling Results
    RENO, Nev., Apr 28, 2011 (BUSINESS WIRE) -- Lithium Corporation /quotes/comstock/11k!ltum LTUM +47.83% (the "Company", or "Lithco") is pleased to announce it has received results from the first phase of sampling of its spring program at Fish Lake Valley, Nevada.

    Near surface brine sampling on its Fish Lake Valley prospect has discovered lithium-enriched brines with results of up to 140mg/L. In addition to these strongly anomalous lithium values, boron is also enriched with values up to 2500 mg/L., and Potassium is also elevated, with results up to 7200 mg/L. The highest values appear to be confined to an area approximately one-half mile square that is within a larger zone of moderate to highly anomalous lithium and boron, which is 1 1/2 miles long by 1 mile wide.

    Lithium Corporation's president Tom Lewis recently remarked, "I am tremendously pleased by these results, and I am eagerly looking forward to drilling in this area when access conditions improve later this year."

    Lithium Corporation is currently conducting another round of geochemical surveys on its playa properties in Nevada, and has tentatively scheduled drill mobilization for June 01st to test its Cortez Lithium property in Lander County Nevada. In addition to drilling Fish Lake Valley and Cortez, Lithco also intends to drill its Salt Well's property this year.

    For further information please contact 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 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.

    http://www.marketwatch.com/story/lithium-corporation-announces-positive-brine-sampling-results-2011-04-28

 
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