Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 24.99 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.

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Critical Elements Lithium Corp

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Post by recession_proofon Jan 26, 2010 9:40am

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Post# 16718758

NEWS EFG has a new hot neighbor..

This will be the next area play hot stock at only .05 cents this will go to .10 cents today or tomorrow....get in while you can before the word spreads....they are acquiring land next to hot stock EFG

Conway Resources in Negotiations to Acquire Lithium Property Near First Gold Exploration's Recent Discovery
1/26/2010 7:01:08 AM - Market Wire

QUEBEC CITY, QUEBEC, Jan 26, 2010 (MARKETWIRE via COMTEX News Network) --

ConwayResources Inc. (TSX VENTURE: CWY) is pleased to announce that it iscurrently negotiating to acquire mining claims in the direct vicinityof First Gold Exploration's recent lithium discovery in Quebec. TheCompany expects to make a final decision in the coming days.

FirstGold Exploration Inc. (TSX VENTURE: EFG) announced on January 21, 2010,the discovery of rare metals on its Pivert/Rose property, along with upto 4.6% Li2O. Results were as follows for non chosen Grab Sample430917: 4.6% Li2O; 390 g/t Rb; 51.4 g/t Ta; 67.7 g/t Nb; 106.5 g/t Gaand 90 g/t Be. Non chosen Grab Sample 430918 show8ed similar results:3.17% Li2O; 1,290 g/t Rb; 44.3 g/t Ta; 72.6 g/t Nb; 92.9 g/t Ga and65.1 g/t Be.

According to First Gold, the Pivert/Rose showinglies in a geological setting similar to that of the Cyr projectbelonging to Lithium One (TSX: LI), both in terms of geology andmineralization. However, the dikes on First Gold's property containmore spodumene and a large amount of lepidolite (associated withrubidium). The various dikes intersected are open in all directions.

Thecompletion of a transaction is subject to due diligence by Conway,signature of a final agreement and approval of the regulatoryauthorities, including the TSX Venture Exchange.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contacts: Conway Resources Inc. Laurent Beaudoin President and ChiefExecutive Officer 418-871-3334 conway@ressources-conway.com

SOURCE: Conway Resources Inc.

mailto:conway@ressources-conway.com

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