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LITHIUM CORP (OTC BB: LTUM.OB ) Closes up 343% announcing positive brine samples.

 Lithium Corporation (OTCBB:LTUM.obNews) is pleased to announce it has received results from the first phase of sampling of its spring program at Fish Lake Valley, Nevada.

Near surface brine sampling on its Fish Lake Valley prospect has discovered lithium-enriched brines with results of up to 140mg/L. In addition to these strongly anomalous lithium values, boron is also enriched with values up to 2500 mg/L., and Potassium is also elevated, with results up to 7200 mg/L. The highest values appear to be confined to an area approximately one-half mile square that is within a larger zone of moderate to highly anomalous lithium and boron, which is 1 ½ miles long by 1 mile wide.

Lithium Corporation’s president Tom Lewis recently remarked, “I am tremendously pleased by these results, and I am eagerly looking forward to drilling in this area when access conditions improve later this year.”

Lithium Corporation is currently conducting another round of geochemical surveys on its playa properties in Nevada, and has tentatively scheduled drill mobilization for June 01st to test its Cortez Lithium property in Lander County Nevada. In addition to drilling Fish Lake Valley and Cortez, Lithco also intends to drill its Salt Well’s property this year. 

Lithium Corporation, a development stage company, engages in the identification, acquisition, and exploration of metals and minerals with a focus on lithium mineralization in Nevada. It holds interests in the Fish Lake Valley property, which comprises an area of approximately 6400 acres in Esmeralda County, Nevada. The company was formerly known as Utalk Communications, Inc. and changed its name to Lithium Corporation in September 2009. Lithium Corporation was founded in 2007 and is based in Reno, Nevada.

Lithium (play /'l?θi?m/, LI-thee-?m) is a soft, silver-white metal that belongs to the alkali metal group of chemical elements. It is represented by the symbol Li, and it has the atomic number 3. Under standard conditions it is the lightest metal and the least dense solid element. Like all alkali metals, lithium is highly reactive and flammable. For this reason, it is typically stored in mineral oil. When cut open, lithium exhibits a metallic luster, but contact with moist air corrodes the surface quickly to a dull silvery gray, then black, tarnish. Because of its high reactivity, lithium never occurs free in nature, and instead, only appears in compounds, which are usually ionic. Lithium occurs in a number of pegmatitic minerals, but is also commonly obtained from brines and clays. On a commercial scale, lithium is isolatedelectrolytically from a mixture of lithium chloride and potassium chloride.

The nuclei of lithium are not far from being unstable, since the two stable lithium isotopes found in nature have among the lowest binding energies per nucleon of all stable nuclides. As a result, they can be used in fission reactions as well as fusion reactions of nuclear devices. Due to its near instability, lithium is less common in the solar system than 25 of the first 32 chemical elements even though the nuclei are very light in atomic weight.[1] For related reasons, lithium has important links to nuclear physics. The transmutation of lithium atoms totritium was the first man-made form of a nuclear fusion reaction, and lithium deuteride serves as a fusion fuel in staged thermonuclear weapons.

Trace amounts of lithium are present in the oceans and in all organisms. The element serves no apparent vital biological function, since animal and plants survive in good health without it. Nonvital functions have not been ruled out. The lithium ion Li+ administered as any of several lithium salts has proved to be useful as a mood-stabilizing drug due to neurological effects of the ion in the human body. Lithium and its compounds have several industrial applications, including heat-resistant glass and ceramics, high strength-to-weight alloys used inaircraft, lithium batteries and lithium-ion batteries. These uses consume more than half of lithium production.

Lithium Corporation (LTUM) in orbit, stocks soar on sampling discovery:

Lithium Corporation (OTCBB: LTUM) saw its stock skyrocket 347.8% to $1.03 Thursday, on the release of results from the first phase of sampling of its spring program at Fish Lake Valley, Nevada. Volume for the stock was nearly 12 million shares.

Near-surface brine sampling on its Fish Lake Valley prospect has discovered lithium-enriched brines with results of up to 140 milligrams per liter (mg/L). In addition to these strongly anomalous lithium values, boron is also enriched with values up to 2500 mg/L., and potassium is also elevated, with results up to 7200 mg/L.

The highest values appear to be confined to an area approximately one-half-mile square that is within a larger zone of moderate to highly anomalous lithium and boron, which is 1 ½ miles long by one mile wide.

Lithium Corporation’s president Tom Lewis remarked, “I am tremendously pleased by these results, and I am eagerly looking forward to drilling in this area when access conditions improve later this year.”

Lithium Corporation is an exploration company based in Nevada devoted to the exploration for new lithium resources within the state of Nevada. 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.
 

Company News

Lithium Corporation Announces Positive Brine Sampling Results
April 28, 2011

Lithium Corporation Initiates Drill Permitting at Salt Wells Lithium Prospect

April 12, 2011

Lithium Corporation Announces Field Work Program in Nevada
March 23, 2011
 


Lithium Corporation Fact Sheet (updated Ocotber 2010)

LTUM  Nasdaq OTCBB Fully Reporting SEC FILER

Share Structure

APPROXIMATELY 63 MILLION SHARES OUTSTANDING  AS OF April 11, 2011

FLOAT - 42.8 Million Shares as per Yahoo Finance  (Insiders hold 32% of the the outstanding shares)

Shareholders
Shareholders of Record 15 a/o Apr 11, 2011

 
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PostSubject
#7240   the pr was listed on my ameritrade account vhgier 11/18/17 11:10:33 AM
#7239   I'm with you. I bought WAY BACK lumpina 11/17/17 07:15:08 PM
#7238   This isn't a bunch of misinformed penny players BTEXP 11/17/17 07:05:46 PM
#7237   We'll see on Monday whether this holds or lumpina 11/17/17 05:26:18 PM
#7236   Yup -> $10 rmpenstk 11/17/17 05:11:46 PM
#7235   * * $LTUM Video Chart 11-17-17 * * ClayTrader 11/17/17 04:47:20 PM
#7234   Those companies you posted are pumping out several MC2 Atlantis 11/17/17 04:21:42 PM
#7233   I think you are the one that is MC2 Atlantis 11/17/17 03:59:10 PM
#7232   it was definitely a mistake there are 3 vhgier 11/17/17 03:56:07 PM
#7231   who knows? some stocks do and some lumpina 11/17/17 03:35:53 PM
#7230   My question is won't this come crashing down vhgier 11/17/17 03:11:52 PM
#7229   thank you, but you really should have posted lumpina 11/17/17 02:40:54 PM
#7228   go to ameritrade and put in the symbol vhgier 11/17/17 02:32:13 PM
#7227   I hope so too, but how DO YOU lumpina 11/17/17 02:05:31 PM
#7226   This is finally ready to head to $10 rmpenstk 11/17/17 02:00:02 PM
#7225   Proof? Link please? Shouldn't say stuff lumpina 11/17/17 01:54:46 PM
#7224   wrong stock guys the mews feed screwed up. vhgier 11/17/17 01:24:58 PM
#7223   nice. been a long time waiting dshade 11/17/17 12:39:10 PM
#7222   been in this since .06 for years..lol vhgier 11/17/17 10:05:58 AM
#7221   $LTUM Chart Unlimited~OTC 11/17/17 09:21:58 AM
#7220   Excellent move yesterday. Looks to be on a Unlimited~OTC 11/17/17 08:43:42 AM
#7219   It's the whole Lithium industry and I'm invested MC2 Atlantis 11/16/17 10:33:48 PM
#7218   $LTUM nice accum today . New 52 week Unlimited~OTC 11/16/17 03:55:29 PM
#7217   LTUM This one is just getting started. Lithium 10PennyStocks 11/16/17 11:16:30 AM
#7216   is it only this or is the whole MakinBank 11/16/17 11:15:52 AM
#7215   This one is looking stronger. Seems to be MC2 Atlantis 11/15/17 04:08:39 PM
#7214   87m thanks akamaii 11/15/17 01:40:31 PM
#7213   What's the float here anyone akamaii 11/15/17 01:39:30 PM
#7212   LTUM - Damn it feels good to be 10PennyStocks 11/14/17 09:36:00 AM
#7211   LTUM Beenetting in this one, loading up the 10PennyStocks 09/27/17 12:19:49 PM
#7210   good we are due vhgier 08/01/17 02:38:26 PM
#7209   It is time we should be getting an Monroe1 08/01/17 12:19:23 PM
#7208   Seems lithium isn't going away so fast. vhgier 07/07/17 08:18:56 AM
#7207   I thought I was full but, topped'er off ACTcrazy 04/18/17 12:50:19 AM
#7206   adding here. I always liked these guys... vhgier 04/12/17 11:51:42 AM
#7205   LTUM is deep drilling Fish lake and results ACTcrazy 02/05/17 01:10:31 AM
#7204   LTUM bullish 0.099 stocktrademan 11/19/16 04:45:51 PM
#7203   Tesla Giga factory and others will mean more GoldnBoy 10/12/16 10:53:11 AM
#7202   Results from sampling at Fish Lake Valley North hazardpay 10/12/16 09:28:33 AM
#7201   I found this by accident, loved the chart. jeff1981 08/23/16 12:00:43 PM
#7200   LTUM bullish 0.108 stocktrademan 08/22/16 11:19:03 AM
#7199   Ltum Signs Investor Relations Agreement hazardpay 08/11/16 12:14:20 PM
#7198   American Lithium announces grades up to 389 mg/L hazardpay 08/11/16 12:12:49 PM
#7197   Lithium Corporation Business Alliance for Lithium Exploration in Nevada hazardpay 06/30/16 02:23:41 AM
#7196   Probably gonna load up again soon. Missed vhgier 06/26/16 12:24:46 PM
#7195   American Lithium’s to conduct a brine auger sampling program hazardpay 06/23/16 07:50:47 AM
#7194   I might load up later this week. vhgier 05/29/16 12:14:14 PM
#7193   American Lithium Acquires San Emidio hazardpay 05/25/16 01:11:30 AM
#7192   Short interest in LTUM is gone per the goldrush1 05/16/16 06:25:56 PM
#7191   American Lithium = Menika Mining = 1032701 B.C. LTD hazardpay 05/11/16 10:47:07 AM
PostSubject