Lithium Corporation Commences Generative Program
Las Vegas, Nevada--(Newsfile Corp. - February 17, 2015) - Lithium Corp. (OTCQB: LTUM) “the Company” announces the commencement of the field work portion of a generative program. Soil and brine samples will be taken at various locations that are prospective for lithium mineralization. The purpose of the program is to begin evaluating the properties for potential acquisition.
“Our team has completed the research and design phase and has begun field work.” stated company President Brian Goss, “We are excited to get out and test these prospective areas and look forward to seeing the results. Our cost effective approach will add to Lithium Corporations’ industry leading database and geologic knowledge but ultimately the program was designed to generate the data needed to begin the early stage evaluation of each prospect and how each may fit in to the Company’s portfolio.”
For further information with regard to Lithium Corp., please contact Tom Lewis at (775) 410-2206 or via email at info@lithiumcorporation.com
About Lithium Corporation
Lithium Corp. is an exploration company based in Nevada devoted to the exploration for new battery related resources throughout North America, looking to capitalize on opportunities within the ever expanding Lithium-Ion and next generation battery markets. The Company maintains a strategic alliance with Altura Mining, an ASX listed coal producer that has recently approved the divestiture of its’ Mt. Weber iron asset, and the spin-off of its’ coal assets into a Singapore listed company; Altura is also searching for off-take contracts for its 100% owned world-class Pilgangoora lithium pegmatite property in Western Australia.
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.
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.