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Lithium Corporation Begins Phase I Program

16.11.2010  |  Business Wire


Lithium Corporation (OTCBB: LTUM) (the 'Company', or 'Lithco?) is
pleased to announce that it has recently initiated its program of
shallow drilling and assaying for lithium brines at its Fish Lake Valley
Prospect in Esmeralda County, Nevada.


Chemetall Foote′s Silver Peak Lithium Brine producing operation, located
in Clayton Valley, Nevada, is only 22 miles (35 km) to the Southeast of
Fish Lake Valley, and is an almost identical geological setting.


Preliminary sampling at the Fish Lake Valley prospect by Lithium
Corporation indicates that surficial Lithium enrichment can be found in
sediments that is equivalent to lithium values at Silver Peak. The total
area at Fish Lake Valley currently held by Lithium Corporation is
approximately 7,360 acres.


For further information please contact Samantha White 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 and discovery of new, clean energy-related resources.
The company is focused on its Fish Lake Valley Lithium Brine prospect in
Esmeralda County, Nevada, however it continues to investigate, or
evaluate other lithium opportunities in other jurisdictions. For further
information please visit the Company′s website www.lithiumcorporation.com


Forward-Looking Statements


Included in this release are certain 'forward-looking' statements
involving risks and uncertainties which are intended to conform to the
safe harbor provisions of the Private Securities Litigation Reform Act
of 1995, including statements regarding the Company's financial
performance. Such statements are based on management's current
expectations and are subject to certain factors, risks and uncertainties
that may cause actual results, events and performance to differ
materially from those referred to or implied by such statements. In
addition, actual future results may differ materially from those
anticipated, depending on a variety of factors, sales and earnings
growth, ability to attract and retain key personnel and general economic
conditions, including uncertainties relating to global political
conditions, such as terrorism. Information with respect to important
risk factors that should be considered may be contained in the Company's
Annual Report on Form 10-K and its Reports on Form 10-Q to be filed with
the U.S. Securities and Exchange Commission. Readers are cautioned not
to place undue reliance on these forward-looking statements, which speak
only as of the date hereof. The Company does not intend to update any of
the forward-looking statements after the date of this release to conform
these statements to actual results or to changes in its expectations,
except as may be required by law.


Lithium Corporation

Samantha White, 888-299-3989

info@lithiumcorporation.com



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