First Lithium Resources Reports Godslith Property May Host Rare Earth Elements
11:46 AM ET, June 1, 2009
Jun 01, 2009 (BAYSTREET NEWSWIRE via COMTEX) -- Vancouver, British Columbia -- First Lithium Resources Inc. (MCI) wishes to announce that an enzyme leach geological profile was performed by Dr. Mark Fedikow HBSc., M.Sc., Ph.D., P.Eng., P.Geo., C.P.G. on behalf of the provincial government (2001) on the lithium pegmatite present on the Company's Godslith Property (east-central Manitoba).
The report states, in its conclusion that "the presence of the elements W, Cs, Ba and Nb as geochemical anomalies over this deposit indicate potential may exist for rare-element mineralization in the dyke" and "...may, in fact, be a resource for rare elements in addition to Li".
The services of Dr. Fedikow were procured by the Company to provide a property assessment, and to subsequently determine estimated projected costs of an exploration program based on his recommendations. In conclusion, he has suggested a 6 hole, 4200 foot diamond drill program to assess the strike extent and the continuity of the pegmatite below the limits indicated by previous diamond drilling. In addition, a broad range of drill core geochemical analysis is planned to assess the pegmatite for rare metal contents, and to determine the extent of rare earth metals on the property. The Company is now engaged in the solicitation of quotes from local drilling companies and support.
Note: First Lithium Resources Inc. is now trading under the symbol FLNTF on the OTC in the US.
This news release has been prepared on behalf of the First Lithium Resources Inc. Board of Directors, which accepts full responsibility for its contents. The contents of this release have been reviewed and approved by Mark Fedikow, P.Eng, P. Geo.,C.P.G., a qualified person as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD
Craig Naughty
President & Director
For further information contact Craig Naughty, or visit the website at
www.firstlithiumresources.com
"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."
Copyright 2009 BAYSTREET NEWSWIRE
