Lithium Corporation Clarifies Company Information
Lithium Corporation (OTCBB: LTUM) (the 'Company', or 'Lithco?) would
like to address certain misinformation that has been making the rounds
on message boards, twitter accounts and online videos.
It has come to the Company′s attention that there are a number of
incorrect facts and possibly misleading information being put forth and
discussed about Lithium Corporation. We recently have been linked to
LEXG ? Lithium Exploration Group Inc., and we would like to make it
clear that we have no affiliation with this company. It appears than an
8K dated Feb. 02, 2011 from that corporation has been erroneously filed
under the LTUM symbol on www.OTCBB.com.
We are not in any way associated with this company, nor do we have any
plans to align ourselves with them.
On April 28 we announced positive results from brine surface sampling
which we are reiterating below:
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 ½
miles long by 1 mile wide.
If any investors or shareholders have any concerns about the validity of
our results we welcome your telephone calls to 888-299-3989 or emails to info@lithiumcorporation.com
Also please note that the Company′s phone number in Reno is erroneously
listed on the corporate information page on the otcmarkets.com page ? it
is 775-398-3047. Our apologies to those who have tried to use the number
listed on this web page.
We encourage all new shareholders, or other interested parties to send
us their email addresses and contact information for future updates.
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 Tom Lewis at 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.
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.
Lithium Corporation
Tom Lewis, 888-299-3989
info@lithiumcorporation.com