News Release

Lithium Corporation Appoints New Board Member


RENO, NV -- Aug 3, 2010 – Lithium Corporation (OTCBB: LTUM) (the "Company", or Lithco) is pleased to announce that John G. Webster has joined the board of directors.

Mr. Webster has been a CPA since 1987. He graduated Summa Cum Laude from Gonzaga University in Spokane, Washington, with a BA in Economics and Accounting. John has extensive experience in S.E.C. reporting and auditing, governmental audits, tax issues and consulting for closely held business enterprises.

From 1996 to 2006, Mr. Webster was one of the founding senior principals and Vice-President of Williams & Webster, P.S., a Spokane-based regional CPA firm specializing in the auditing of small public companies and consulting for emerging public companies. Mr. Webster served as Williams & Webster’s technical principal and assisted in all merger and acquisition transactions for both accounting and tax issues.

Tom Lewis, president of Lithium Corporation said, “We are very pleased to welcome John to the Board of Directors of Lithium Corporation. His experience with public companies and regulatory matters will be a tremendous asset to the company as we move forward”.

For further information please contact Samantha White 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 Company’s website www.lithiumcorporation.com

  Forward-Looking Statements

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.