Lithium Corporation Submits Permit to Trench at BC Sugar
Las Vegas, Nevada (FSCwire) - Lithium Corp. [OTCQB – LTUM] “the Company” is pleased to announce that it has recently submitted a Notice of Work (NOW) to the government of British Columbia in order to trench, map and sample the Weather Station showing at its BC Sugar flake graphite prospect in BC.
Previous sampling in the area of the Weather Station showing has indicated that coarse flake graphite mineralization exists here over a considerable stratigraphic width, but the sporadic nature of outcrop locally has made it tough to get a handle on exactly how well mineralized the zone truly is. The trenching program is slated to extend along an existing trail for 524 feet (160 meters), and should give company geologists a considerably clearer picture of the geology here.
“The trenching program will be important for us to advance our understanding of the geology and graphite mineralization of the BC Sugar property. It will also further develop the prospect in a cost effective manner and ultimately assist us to plan an efficient drilling program.” stated company President Brian Goss.
For further information with regard to Lithium Corp., please contact Tom Lewis at (775) 410-2206 or via email at info@lithiumcorporation.com
About Lithium Corporation
Lithium Corp. is an exploration company based in Nevada devoted to the exploration for energy storage related resources throughout North America, looking to capitalize on opportunities within the ever expanding next generation battery markets. The Company maintains a strategic alliance with Altura Mining, an ASX listed natural resource development company that is currently searching for off-take contracts for its 100% owned world-class Pilgangoora lithium pegmatite property in Western Australia.
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.
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.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/LithiumMAy132015.pdf
Source: Lithium Corp. (OTCQB:LTUM) http://www.lithiumcorporation.com/
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