Science & Technology
Science and Technology
Science and Technology
Sat, May 8, 2010
Fri, May 7, 2010 
RENO, Nev.--([ BUSINESS WIRE ])--Lithium Corporation (OTCBB: LTUM) (the "Company", or aLithcoa) is pleased to announce it has commenced a high definition gravity geophysical survey on its Fish Lake Valley property in Esmeralda County Nevada.
Chemtall Footea™s Silver Peak 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.
This survey is tailored specifically to identify geological faults in the valley that could prove to have created similar structural conditions as that encountered in Clayton Valley, which are responsible for the creation of brine reservoirs.
This information will greatly augment the geochemical and geophysical work done to date on this property. In addition, the information will help locate drill holes to adequately test the developed targets in the planned drill program.
For further information please contact the Company 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 discoveries of new, cleaner energy related resources. Currently we are in the process of acquiring, and exploring lithium properties in our home state, as well as investigating other lithium opportunities in various locales. For further information please visit the Companya™s website [ www.lithiumcorporation.com ]
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, the completion of, or results from, the gravity surveys being undertaken, and any similarities with the mineralization of the Clayton Valley or surrounding region, and any mineralization, exploration and development of our mineral properties, specifically in regards to Lithium.
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 metals 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.
