Item 1.01 Entry into a Material Definitive Agreement.


On June 13, 2011, Tucana Lithium Corp., a Nevada corporation (the “Company”) entered into a geological and management services agreement (the “Agreement”) with Nemaska Exploration Inc. (“Nemaska”) to coordinate and execute the Company’s Spring/Summer 2011 exploration program. The exploration campaign will be lead by geologist Yves Caron. The Agreement term is for a period of 6 months and is subject to certain termination provisions described in the Agreement.


Nemaska will provide exploration services to the Company subject to the schedule of fees below.

In August, Mr. Emmanuel Mutisya, a Kenyan with United Nations University, will accompany AquaLiv representatives to Kenya and aid in the identification of clinics capable of carrying out the clinical trials. "Earlier this year, Mr. Mutisya supplied 10 Kenyans with our NatuRx™ HIV/AIDS treatment. Since then, they stopped taking their costly antiretroviral drugs and their condition has improved. Mr. Mutisya is now a believer in AquaLiv technology," added Mr. Hoffman.

Response from Craig Hoffman CEO Aqualiv: His answers are in red. Enjoy the SUNset tonight!!

As far as drinking water is concerned, water is more than one molecule. This statement is made in regards to a bulk volume of water. It refers to the molecule to molecule bonding structure. Water is a bipolar molecule. Think of it as a little magnet that sticks to the other little magnets. Smaller clusters of water molecules are more readily absorbed in tissues than larger clusters of molecules.

NatuRx HIV/AIDS is not a drug and the laws of drugs do not apply. Based on the chemical content of the treatment, no approval from any committee or regulatory body is required to distribute it anywhere. It is only water. Approval is only needed to market the product and make claims regarding the disease it is intended to treat. Our intention is to complete the trial and fulfill our obligations in order to make claims and market the product. We also want the data from the trial, of course. Our treatment is information based and flexible, not a fixed molecule. The more patients we treat and the more HIV/AIDS bioinformation we collect, the more potent the treatment becomes.

I do not know if you were in LEXG or not.

National Instrument 43-101 (the "NI 43-101" or the "NI") is a mineral resource classification scheme used for the public disclosure of information relating to mineral properties in Canada. The NI is a strict guideline for how public companies can disclose scientific and technical information about mineral projects on bourses supervised by the Canadian Securities Administrators.

NI 43-101 is a national instrument for the Standards of Disclosure for Mineral Projects within Canada. The Instrument is a codified set of rules and guidelines for reporting and displaying information related to mineral properties owned by, or explored by, companies which report these results on stock exchanges within Canada. This includes foreign-owned mining entities who trade on stock exchanges overseen by the Canadian Securities Administrators, even if they only trade on Over The Counter (OTC) derivatives or other instrumented securities.

Many publicly held Canadian mineral exploration and mining companies list on the TSX Venture Exchange (TSX-V) or the Toronto Stock Exchange (TSX). Some of these companies may also have listings on stock exchanges outside Canada, such as Johannesburg Stock Exchange, Australian Securities Exchange and London Stock Exchange.

Disclosures covered by the NI 43-101 code include press releases of mineral exploration reports,reporting of resources and reserves, presentations, oral comments, and websites. The NI 43-101 covers metalliferous, precious metals and solid energy commodities as well as bulk minerals, dimension stone, precious stones and mineral sands commodities.

The National Instrument 43-101 is broadly comparable to the Joint Ore Reserves Committee Code (JORC Code) which regulates the publication of mineral exploration reports on the Australian Stock Exchange (ASX). It is also broadly comparable with the South African Code for the Reporting of Mineral Resources and Mineral Reserves (SAMREC)[1].The reporting codes are, however, not entirely congruent in practice, in that NI 43-101 is more prescriptive in terms of the manner in which mineral exploration reporting is presented, although the content of the technical reports, and the scientific rigors to which the mineral resource classifications within them are put, are often very similar.

For TSX listing purposes,an NI43-101 Technical Report would have to be accompanied by an Report prepared in accordance with NI43-101. For ASX listings, a JORC Mineral Resource Statement needs to be accompanied by a Valmin Valuation Report, while for JSE listings, a Competent Person's Report (CPRs), which is compliant with SAMREC and The South African Code for the Valuation of Mineral Assets (SAMVAL), needs to be submitted.

In many cases, NI 43-101 and JORC Code technical reports are considered inter-changeable and may be accepted by either regulatory body in cases of dual listed entities and, indeed, are accepted as the de-facto industry reporting standard by many other jurisdictions which lack similar rigorous reporting standards or internationally recognized industry professional bodies. The LSE, for instance, accepts CPRs, Qualified Person's Reports (QPRs), and Mineral Resource Statements, compiled using JORC, SAMREC and SAMVAL, or NI 43-101, when accompanied by a NI51-101 Valuation Form, for listing on the LSE. Likewise, the Hong Kong Stock Exchange accepts reports prepared in accordance with NI 43-101,SAMREC or JORC.

Here is the second map from Ressources Naturelles et Faune du Québec.
Although I figured we had a few Keating Coefficients, after reviewing the map there is still one on the property.

Keating's method utilizes a simple pattern recognition technique to locate magnetic anomalies that resemble the response of a modelled kimberlite pipe. The magnetic response of a vertically dipping cylinder is computed in grid form. The model parameters that may be adjusted include the depth, radius and length of the cylinder, the local magnetic inclination and declination, and the spatial extent of the anomaly. The model grid is then passed over a grid of total magnetic intensity as a “moving window”. The correlation between modelled and observed data is computed at each grid node using a first-order regression and archived. The correlation coefficients that exceed a specific threshold (e.g., 75%) are retained for comparison to the magnetic and other exploration data.

Quebec has so far shown encouraging signs it’s committed to playing a major role in the development of much-needed new infrastructure in the remote North, but companies also need to act strategically and in innovative ways to make sure the projects get the attention and financing they need, said Mr. Roth.

A good example is the recent signing of two financing agreements between the provincial government and Stornoway Diamond Corp. (SWY-T1.600.106.67%)for the construction and maintenance costs of an extension of Route 167, in north-central Quebec.

Tax Measures Contained
in Federal Budget 2010Extending the Mineral Exploration Tax Credit
The temporary 15-per-cent mineral exploration tax credit helps companies raise capital for mining exploration by providing an incentive to individuals who invest in flow-through shares issued to finance exploration. In light of global financial conditions and the important role of the mining sector in Canada, Budget 2010 proposes to extend the credit for an additional year, until March 31, 2011. Moreover, through the one-year "look-back" rule, funds raised with the benefit of the credit in 2011, for example, can be spent on eligible exploration activity until the end of 2012. By assisting companies' efforts to undertake important exploration programs, extending the credit will also facilitate adjustment to new commodity price conditions.

It is estimated that the net cost of this extension will be $65 million over the next two fiscal years.