Lithium Corp - LTUM STOCK NEWS

Lithium (OTCQB:LTUM) congratulates board member James Brown on his role in the $623 million merger between Sayona Mining and Piedmont Lithium, which will create North America's largest hard-rock lithium producer. Brown, who serves as former CEO and current Executive Director of Sayona Mining, also holds positions as Managing Director of Morella Corp, LTUM's largest shareholder and Optionee on two of its Nevada lithium prospects. CEO Tom Lewis emphasized Brown's valuable experience and dealmaking abilities in supporting LTUM's mission to secure critical metals independence for North America.

Lithium (OTCQB:LTUM) announced its strategic expansion beyond mineral exploration into renewable energy generation and energy storage. The company, which currently holds lithium prospects in Nevada and titanium, rare earth elements, graphite, and fluorspar properties in Canada, is exploring innovative applications like Agrisolar and Vertically Mounted Bifacial Photovoltaic (VBPV) solar panels. The latter has shown a 10% increase in Average Daily Power Output compared to traditional panels. LTUM's preliminary renewable energy assessment focuses on solar technology evaluation and potential stakeholder collaboration.

Lithium (OTCQB: LTUM) has provided an update on its Las Pilas fluorspar exploration project. Key highlights include:

1. The property has expanded to over 11,000 acres of prospective mining lands.
2. Ongoing geochemical work, including an historic database, is expediting exploration progress.
3. Stream sediment data indicates potential for Fluoride mineralization with Nickel/Chromium and Rare Earth Elements.
4. The company is optimistic about results and plans to complete exploration before winter.
5. Fluorspar is classified as a critical mineral for electrification and low-carbon future.
6. Fluorinated compounds improve thermal stability and performance in lithium-ion batteries.
7. Fluorspar demand from the battery sector is expected to exceed 1.6 million tonnes by 2030.

Lithium (OTCQB: LTUM) provides an update on its exploration activities, including the newly staked Las Pilas claim block in British Columbia, prospective for fluorspar mineralization. The claim, expanded twice since April 2024, now totals approximately 11,068 acres. Geochemical and geological work is ongoing, with initial sampling completed. Fluorspar is a critical mineral vital for clean energy technologies.

Additionally, generative exploration for copper and rare earth elements is underway in the western United States. Several prospective sites have been evaluated recently. At the Fish Lake Valley brine project in Nevada, Optionee Morella completed a study using high-resolution magnetic, radiometric, and LIDAR data, revealing similarities to Albemarle's Silver Peak lithium mine. Morella Corp. is transitioning leadership, allowing more focus on advancing Lithium Corp.'s prospects.

Lithium (OTCQB: LTUM) has provided an update on its exploration activities. The company recently added 3,957 acres to its Las Pilas claim block in southern British Columbia, bringing the total to approximately 8,775 acres. Geochemical analysis indicates potential fluorspar mineralization, a critical component for lithium-ion batteries. The company plans to intensify exploration efforts in the coming months. Leveraging AI and advanced analytical tools, Lithium continues its systematic work on critical minerals, primarily focused in Nevada's Great Basin.