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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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#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
#7190   Who's American lithium? vhgier 05/11/16 10:14:52 AM
#7189   Summer-2016 Development Plans for Fish Lake hazardpay 05/11/16 09:37:32 AM
#7188   Lithium Corporation Signs Formal Agreement on San Emidio Prospect hazardpay 05/11/16 09:22:58 AM
#7187   LTUM breaking out. HBNRF too on lithium newguy333 05/09/16 02:47:06 PM
#7186   gravity lows or basement troughs beneath the Lithium hazardpay 05/09/16 12:11:31 PM
#7185   Very encouraging news from our joint venture partner. hazardpay 05/06/16 03:55:00 AM
#7184   Very good article and is the very reason Doc Hollywood 04/27/16 07:39:35 AM
#7183   I've been holding LTUM for about 3 years, goldrush1 04/26/16 06:22:00 PM
#7182   Bid and ask premarket showing a little bit Doc Hollywood 04/25/16 09:14:43 AM
#7181   Saw this mentioned on Seeking Alpha. What are CowboyUp5000 04/23/16 07:59:51 PM
#7180   Same to you! bballyanks23 04/22/16 10:10:51 PM
#7179   This is not news driven for this stock. Doc Hollywood 04/22/16 06:57:30 PM
#7178   I got zip with regard to news. vhgier 04/22/16 03:43:21 PM
#7177   It is never wrong taking a profit, especially Doc Hollywood 04/22/16 01:50:42 PM
#7176   I sold a majority of my shares today. bballyanks23 04/22/16 01:31:08 PM
#7175   The company showed up on a screener I Doc Hollywood 04/22/16 12:49:05 PM
#7174   Doc where did you see it? Or vhgier 04/22/16 11:45:08 AM
#7173   Well this is not an active board. However, Doc Hollywood 04/22/16 11:01:28 AM
#7172   This play is pushing to top of the TrendTrade2016 04/22/16 10:05:16 AM
#7171   Very interesting this week. bballyanks23 04/21/16 04:27:04 PM
#7170   Hold steady...... vhgier 04/21/16 09:04:28 AM
#7169   two of us and a mill traded...wacky vhgier 04/19/16 04:53:44 PM
#7168   Indeed...lots of volume and some upward movement but bballyanks23 04/19/16 03:28:06 PM
#7167   Looks like something is brewing..... vhgier 04/08/16 07:07:23 AM
#7166   definitely time to buy vhgier 03/15/16 10:42:56 PM
#7165   Time to get back on this one. Drsnk2 02/22/16 03:11:25 PM
#7164   Elko, NV (FSCwire) - Lithium Corporation [OTCQB – vhgier 02/16/16 11:00:47 AM
#7163   100,000 why bother at this point. If vhgier 11/03/15 09:37:19 AM
#7162   Lithium Corporation Announces Financing Elko, Nevada (FSCwire) - Lithium bellvew 11/03/15 08:34:32 AM
#7161   Lithium information not directly involving LTUM. SIObserver 10/07/15 01:22:58 PM
#7160   OK, June here LTUM . What's Happening ? ACTcrazy 06/02/15 01:20:05 AM
#7159   Time for news, June about here....hold on! ACTcrazy 05/24/15 11:53:40 AM
#7158   Someone please explain; How does the sale of ACTcrazy 04/25/15 11:32:46 AM
#7157   LTUM - Higher highs and higher lows. MaxDaniel 04/07/15 02:41:22 PM
#7156   Getting bored with this lets hope..... vhgier 04/04/15 11:40:40 AM
#7155   OK, new quarter ACTcrazy 04/04/15 11:39:51 AM
#7154   very quiet here. just thought I'd start vhgier 02/26/15 07:10:19 PM
#7153   I'm sure they will follow up with something vhgier 02/16/15 09:36:49 PM
#7152   OK, Pathion extension come and gone, let's move ACTcrazy 02/02/15 12:15:19 AM
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