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Message: Canada Lithium Announces Key Personnel Appointments and Equipment
Purchases For Quebec Lithium Project
TSX: CLQ; U.S. OTC: CLQMF
TORONTO, July 6, 2011 /CNW/ - Canada Lithium Corp. (TSX: CLQ) (OTCQX:
CLQMF) announced today it has filled three senior management positions
and placed key orders for both process plant and mine equipment as the
$202-million Quebec Lithium Project near Val d'Or, Que., enters the
Donald Blanchet, P.Eng., MBA, has been appointed Vice President,
Sustainable Development, in charge of project environmental approval
processes, as well as supervising all aspects of site environmental
works. M. Blanchet has over 25 years of experience in civil
engineering and environmental protection and has considerable
experience in major-project permitting and construction. Before
joining Canada Lithium, he was Director of GENIVAR Inc.'s Amos, Que.,
office. He also worked previously as a vice president for Pellemon
Inc. and SNC-Lavalin.
Jean Luc Bernier, P.Eng., M.Sc., has been appointed Metallurgical
Superintendent. M. Bernier, a chemical engineer with over 30 years of
metallurgical experience, worked previously with Rio-Tinto-Alcan in the
development of new technologies, overseeing construction of new
facilities and operations management. Among other things, he was
involved in the development of aluminum-lithium alloy technology for
Construction of Canada Lithium's mine and plant will be overseen by
Marco Plourde, the Project's new Construction Superintendent. M.
Plourde has for the past 30 years supervised and managed dam
construction, earthworks and open-pit mine operations in Canada and
around the world, including postings as mining superintendent for Goro
Nickel in New Caledonia, Canadian Royalties in Quebec and Essakane in
Burkina Faso. Prior to joining Canada Lithium, M. Plourde was General
Superintendent for Agregat RN, working on the Osisko mining project
near Val d'Or.
"We are delighted to welcome on board Messrs. Blanchet, Bernier and
Plourde," said Charles Taschereau, Chief Operating Officer. "We will
now move rapidly into the construction phase of project development,
with site preparation scheduled to commence in mid-August 2011."
The Company also announced that key orders have been placed with
suppliers for both the processing plant and the mining operation.
Orders for the process plant's long-lead-time items, such as the ball
mill, rod mill and kiln, have now been confirmed with Metso Inc. The
ball and rod mills will be built in Montreal and the kiln will be
sourced in the U.S.
For the mining operation, the initial order for three, 91-tonne
Caterpillar mine-haul trucks has been placed with Hewitt Equipment
Limited in Quebec.
About Canada Lithium Corp.
The Company holds a 100% interest in the Quebec Lithium Project near Val
d'Or, the geographical heart of the Quebec mining industry. The Company
plans to build an open-pit mine and processing plant on-site with
capacity to produce approximately 20,000 tonnes of battery-grade
lithium carbonate. Metallurgical tests have produced battery-grade
lithium carbonate samples. The Company trades under the symbol CLQ on
the TSX and on the U.S. OTCQX under the symbol CLQMF.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the
meaning of applicable Canadian securities legislation. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or statements that
certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved".
Forward-looking information is based on reasonable assumptions that have
been made by the Corporation as at the date of such information and is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or
achievements of the Corporation to be materially different from those
expressed or implied by such forward-looking information.
Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place
undue reliance on forward-looking information. The Corporation does not
undertake to update any forward-looking information referenced herein,
except in accordance with applicable securities laws.
For further information:
Peter Secker, President and CEO (416) 361-2821 Olav Svela, Director, Investor Relations (416) 361-2821 or (416) 479-4355 or email [email protected] Christine Stewart, Renmark Financial Communications Inc. (416) 644-2020 or email [email protected] Please visit the Canada Lithium website at http://www.canadalithium.com/">www.canadalithium.com. Corporate Office: 401 Bay Street, Suite 2010, P.O. Box 118, Toronto, ON, M5H 2Y4
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