News Releases

Lithium Corporation Finishes Phase I Gravity Survey at Salt Wells

RENO, NV -- Aug 10, 2011 – Lithium Corporation (the "Company", or Lithco) LTUM - OTCBB, is pleased to announce that it has recently concluded its Phase I high-definition gravity geophysical survey at its Salt Wells Lithium property.

The Company conducted a high-density gravity program over an area of approximately four square miles, which covers the lithium brine anomaly defined by sampling done on the property earlier this year. This survey may help delineate subsurface structures that could influence the development of a lithium brine-enriched reservoir.

As previously announced, Lithium Corporation intends to test the area of a large Lithium Brine anomaly at Salt Wells by means of moderate depth drill holes (up to 200' subsurface) in an attempt to define where economic lithium concentrations could be located on the property. It was anticipated that the drill program would have commenced by early August, but conditions on the playa are still too wet. The company is monitoring the situation, and plans to move onto the property as soon as surficial conditions allow. Meanwhile the Company is mobilizing its gravity crew to its Fish Lake Valley property where a similar survey is expected be done over the general area where strong lithium/boron/potassium mineralized brine was discovered this spring.

For further information please contact 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 primarily within the state of Nevada.  The Company explores and eventually hopes to develop potentially economic lithium-enriched brine fields, with an eye to becoming a long-term producer of this increasingly strategic and economically important commodity. 


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