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Message: Canadian Lithium intersects higher-grade lithium and confirms depth potential

Canadian Lithium intersects higher-grade lithium and confirms depth potential

posted on Jan 20, 2010 10:33AM

Canada Lithium intersects higher-grade lithium and confirms depth potential of Quebec Lithium Project

	    TSXV: CLQ

	    TORONTO, Jan. 20 /CNW Telbec/ - Canada Lithium Corp. (TSXV: CLQ)
announced today that it has intersected higher-grade lithium mineralization
including 3.08% Li2O over 8.8 metres and 1.33% Li2O over 19 metres at its
Quebec Lithium Project located 60 km north of Val d'Or, Quebec. The drilling
has also increased the potential for additional mineralization at depth.
	    The higher grade intercepts were from the initial holes of a 28-hole,
7,500-metre drill program undertaken to confirm, and potentially expand, the
deposit's historical but non-NI 43-101 compliant resource of 15 million tonnes
grading 1.14% Li2O.
	    "The initial assay results demonstrate a very successful program and a
strong indication that the current drilling grades may be higher than the
historical grades. There is close spacial correlation between the historical
drilling and the new twinned holes but more significantly, mineralization was
found in holes drilled deeper than those documented in mine records," said
Canada Lithium President and CEO Peter Secker.
	    The Company's geological consultant, Caracle Creek International
Consulting Inc. (CCIC), is currently preparing a resource estimate compliant
with NI 43-101 requirements. An initial Independent Technical Report produced
by CCIC has been filed and is available on SEDAR or at Canada Lithium's
website: www.canadalithium.com. This report includes an estimated potential
tonnage for the mine area of 29 - 30 million tonnes grading 1.1 - 1.2% Li2O.
The potential quantity and grade is conceptual in nature. At this time there
has been insufficient exploration to define a mineral resource and it is
uncertain if further exploration will result in discovery of a mineral
resource.
	    "We anticipate CCIC will complete an NI 43-101 compliant resource
estimate in February, which puts the Company on target to finalize a
prefeasibility study later this quarter," Mr. Secker said.
	    Highlights of the drill program assay results received to date (6 holes
complete) include the following:

	    <<
	    -------------------------------------------------------------------------
	                                                   Intercept
	                        From              To         Width(1)
	    Hole No.         (metres)        (metres)        (metres)         % Li2O
	    -------------------------------------------------------------------------
	    S09-007            91.68          103.48           11.80            1.47
	    -------------------------------------------------------------------------
	    S09-008            56.25           75.25           19.00            1.33
	    -------------------------------------------------------------------------
	    S09-009            98.02          106.80            8.78            3.08
	    -------------------------------------------------------------------------
	    S09-010           105.39          120.26           14.87            1.75
	    -------------------------------------------------------------------------
	    S09-010           226.60          236.75           10.15            1.53
	    -------------------------------------------------------------------------
	    S09-010           312.30          323.18           10.88            1.25
	    -------------------------------------------------------------------------
	    S09-030            87.78           94.75            6.97            1.30
	    -------------------------------------------------------------------------

	    (1) Intercepts have not been corrected for true thickness as
	        interpretation is in progress, but were drilled typically at 45-60
	        degree inclination across dykes dipping 60 degrees to near vertical.
	    >>

	    The latest exploration program also included a 20-tonne surface bulk
sample and 500 metres of metallurgical core for processing by SGS Lakefield in
the first stage of the previously announced pilot plant metallurgical tests
scheduled to begin in February.
	    Please note that in reference to the historical resource above and the
potential tonnage (conceptual target) estimate announced in November, 2009, a
Qualified Person has not yet done sufficient work to classify either estimate
as current mineral resources and the historical estimate should not be relied
upon.

	    Quality Assurance and Quality Control, Qualified Person

	    The assay analyses performed during CLQ's drill programs are subject to a
formal quality assurance and quality control (QAQC) program. Diamond drill
core is logged and sampled on site with sample transport by the Company to SGS
Laboratories Ltd. (Toronto), an independent accredited laboratory, for
assaying. Duplicate check assay analyses are being carried out by ALS
Laboratoy Group (Vancouver), a laboratory that is also independent of the
Company. Internal check assays are in progress. Standard and blank analyses
for the drill holes S09-007-011 and S09-030 have passed the QAQC checks.
Duplicate results are pending.
	    The Independent Technical Report was prepared by Dr. Michelle Stone,
P.Geo., and Dr. Julie Selway, P.Geo., senior geologists with CCIC. The drill
program was designed by Dr. Stone and executed by Dr. Tania Ilieva, P.Geo.,
under the supervision of Dr. Stone. Dr. Stone is an independent Qualified
Person as defined by NI 43-101 and has read and approved the contents of this
news release.
	    Mitch Lavery, P.Geo., is the Qualified Person for the Quebec Lithium
Project for Canada Lithium Corp. in accordance with NI 43-101. Mr. Lavery has
read and approved the contents of this news release.

	    Canada Lithium Corp. is a Canadian-based resource and exploration company
trading under the symbol CLQ on the TSX-V. The Company is in the midst of
finalizing a prefeasibility study on the Quebec Lithium Project, which will
include environmental, metallurgical, geological and engineering studies. It
has an agreement with Japanese metals trading firm, Mitsui and Co. Ltd., to
market a portion of Canada Lithium Corp.'s product in China, Korea and Japan.
Metallurgical tests have produced battery-grade lithium from deposit samples.

	    Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

	    Forward-looking Information

	    The statements made in this press release may contain certain
forward-looking statements concerning potential developments affecting the
business, prospects, financial condition and other aspects of Canada Lithium
Corp. The actual results of the specific items described in this release, and
the company's operations generally, may differ materially from what is
projected in such forward-looking statements. Although such statements are
based upon the best judgments of Canada Lithium Corp. management as of the
date of this release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including, without
limitation, the Company's dependence on third parties, general market and
economic conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the control of
the Company. Canada Lithium Corp. disclaims any obligation to update
information contained in any forward-looking statement. Appendix:

	    <<
	    -------------------------------------------------------------------------
	                                                   Intercept
	                        From              To           Width
	    Hole No.         (metres)        (metres)        (metres)         % Li2O
	    -------------------------------------------------------------------------
	    QL-S09-007         91.68          103.48           11.80            1.47
	    -------------------------------------------------------------------------
	    QL-S09-008         56.25           72.25           19.00            1.33
	    -------------------------------------------------------------------------
	    QL-S09-008        138.32          141.32            3.00            1.26
	    -------------------------------------------------------------------------
	    QL-S09-008        170.00          174.62            4.62            1.03
	    -------------------------------------------------------------------------
	    QL-S09-008        184.91          188.91            4.00            1.34
	    -------------------------------------------------------------------------
	    QL-S09-009          9.25           19.35           10.10            1.65
	    -------------------------------------------------------------------------
	    QL-S09-009         41.80           44.80            3.00            1.29
	    -------------------------------------------------------------------------
	    QL-S09-009         98.02          106.80            8.78            3.08
	    -------------------------------------------------------------------------
	    QL-S09-009        179.05          184.50            5.45            1.02
	    -------------------------------------------------------------------------
	    QL-S09-009        188.00          192.93            4.93            0.96
	    -------------------------------------------------------------------------
	    QL-S09-010          3.70            7.70            4.00            1.16
	    -------------------------------------------------------------------------
	    QL-S09-010        105.39          120.26           14.87            1.75
	    -------------------------------------------------------------------------
	    QL-S09-010        184.22          186.94            2.72            1.13
	    -------------------------------------------------------------------------
	    QL-S09-010        226.60          236.75           10.15            1.53
	    -------------------------------------------------------------------------
	    QL-S09-010        243.40          251.20            7.80            1.77
	    -------------------------------------------------------------------------
	    QL-S09-010        255.38          261.36            5.98            1.48
	    -------------------------------------------------------------------------
	    QL-S09-010        262.49          266.40            3.91            1.79
	    -------------------------------------------------------------------------
	    QL-S09-010        312.30          323.18           10.88            1.25
	    -------------------------------------------------------------------------
	    QL-S09-022         26.68           31.58            4.90            1.17
	    -------------------------------------------------------------------------
	    QL-S09-030         27.30           31.90            4.60            1.22
	    -------------------------------------------------------------------------
	    QL-S09-030         86.78           94.75            7.97            1.30
	    -------------------------------------------------------------------------
	    QL-S09-030        106.84          112.84            6.00            1.27
	    -------------------------------------------------------------------------
	    >>





-30-
	    /For further information: Peter Secker, President and CEO, (416)
361-2821; Olav Svela, Director, Investor Relations, (416) 361-2821,
[email protected]; Dan Symons, Renmark Financial Communications Inc.,
(514) 939-3989, [email protected]; Please visit the Canada Lithium
website at www.canadalithium.com/
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