|Lithium Corporation Selects Drill Method & Contractor for Phase I Program|
Wed Oct 27, 8:31 AM
Reno, Nevada US, October 27, 2010 /FSC/ - Lithium Corp. (LTUM - OTCBB), is pleased to announce that it has retained the drilling services arm of Nevada Exploration Inc. (TSX-V NGE) ("NGE") to provide drilling and technical services at its Fish Lake Valley Prospect in Esmeralda County, Nevada.
NGE specializes in the drilling and sampling of ground water in the search for mineral deposits. NGE's small footprint drill rig results in negligible surface disturbance. It has been selected for the Phase I drilling program due to the drills low environmental impact as well as its ability to collect virtually uncontaminated, moderate-depth brine samples in playa settings such as Fish Lake Valley.
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About Lithium Corporation
Lithium Corporation is an exploration company based in Nevada devoted to the exploration and discovery of new, clean energy-related resources. The company is focused on its Fish Lake Valley Lithium Brine prospect in Esmeralda County Nevada, however it continues to investigate, or evaluate other lithium opportunities in other jurisdictions. For further information please visit the Company's website www.lithiumcorporation.com
Included in this release are certain "forward-looking" statements involving risks and uncertainties which are intended to conform to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's financial performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors, sales and earnings growth, ability to attract and retain key personnel and general economic conditions, including uncertainties relating to global political conditions, such as terrorism. Information with respect to important risk factors that should be considered may be contained in the Company's Annual Report on Form 10-K and its Reports on Form 10-Q to be filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Source: Lithium Corp. (LTUM: OTCBB) www.lithiumcorporation.com Maximum News Dissemination by Filing Services Canada Inc. * www.usetdas.com