Lithium Corporation Finishes Drilling at San Emidio
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Lithium Corporation (OTCBB: LTUM) (the 'Company', or 'Lithco?) is
pleased to announce that it has recently concluded drilling on its San
Emidio property in Washoe County, Nevada.
Lithium Corporation tested an area of the property where earlier probing
discovered elevated lithium levels in subsurface brines. During the
recent program eight sites were probed and a total of 261 meters (856
feet) was drilled at 8 discrete sites. The deepest hole probed was 48.76
meters (160 feet), and the shallowest hole that produced brine was 90
feet. The average depth of the seven hole program was 27.43 meters (107
feet). The program successfully delineated a brine anomaly discovered by
drilling in early 2012, with the anomaly being one kilometer wide by 4.5
kilometers long. All samples have been delivered to Inspectorate′s lab
in Reno Nevada for brine analyses. The Company believes that the playa
at San Emidio may be conducive to the formation of a 'Silver Peak? style
lithium brine deposit.
In addition to drilling the San Emidio prospect, Lithium Corporation
continues to generate and evaluate other prospects, and plans to focus
more on its Fish Lake Valley prospect once ground conditions there
improve.
For further information please contact Samantha White 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 Great Basin. 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. John E.
Hiner, Lithium Corporation′s Vice President of Geology who is Licensed
Geologist in the State of Washington, and Registered Member of SME, a
qualified person as defined by National Instrument 43-101 has reviewed
and approved the information provided in this news release.
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
Samantha White, 888-299-3989
info@lithiumcorporation.com