Reno, Nevada US, February 12, 2013 -
Lithium Corp. (LTUM - OTCBB), (the "Company" or "Lithco") is pleased to announce that James Brown, a newly appointed Director of Lithium Corporation, and the Managing Director of Altura Mining Limited, recently gave a presentation at the 5th annual Lithium Supply & Markets conference held in Las Vegas Nevada.
Mr. Brown's presentation focused on
Altura Mining Limited's Pilgangoora prospect in West Australia, and also on Altura's recently formed strategic alliance with Lithium Corporation. Mr. Brown's presentation can be viewed on Altura Mining's website (
www.alturamining.com). As previously announced Altura Mining invested $550,000 in Lithium Corporation by way of a non-brokered private placement.
Lithium Corporation is exploring the Fish Lake Valley and San Emido properties in Nevada. Recent analytical results from drilling on these properties indicate that further drilling is warranted. In addition to these prospects, Lithium Corporation continues to generate and evaluate other prospects or areas that may be prospective for hosting lithium mineralization.
For further information please contact Andy Dewey at Lithium Corporation at (775) 410-2206 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.
Contacts
Lithium Corporation
Andy Dewey
775-410-2206
info@lithiumcorporation.com
www.lithiumcorporation.com
