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Lithium Corporation Announces It Has Earned Interest under Fish Lake Option

05.05.2011  |  Business Wire


Lithium Corporation (OTCBB: LTUM) (the 'Company', or 'Lithco?) is
pleased to announce it has recently fulfilled its commitments under the
June 01, 2009 Lease Purchase agreement with Nevada Alaska Mining Company
Inc with respect to its Fish Lake Valley prospect, where the Company has
recently discovered lithium boron mineralization in brine.


Field work is currently ongoing at Fish Lake and at Lithium
Corporation′s Salt Wells prospect, where lithium enriched brines have
also been encountered with values reaching 36.5 mg/L.


Lithium Corporation intends to drill Fish Lake Valley, Salt Wells, and
its Cortez property this year.


We are actively exploring and developing our existing domestic projects,
and continuously evaluating new opportunities in the United States and
in lithium belts elsewhere in the world.


For further information please contact Lithium Corporation at (888)
299-3989 or via email at info@lithiumcorporation.com
We encourage all new shareholders, or other interested parties to send
us their email addresses and contact information for future updates.


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



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