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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

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.


TSXV:CRE - Post by User

Post by savannahssavvyon Mar 26, 2010 11:49pm
580 Views
Post# 16930878

First Gold/Conway Deal Fell Through

First Gold/Conway Deal Fell ThroughCOMPANY NEWS ALERT
Discussions End between Conway Resources and First Gold (ccnm)

QUEBEC CITY, QUEBEC--(Marketwire - March 26, 2010) - Conway Resources Inc. ("Conway" or the "Company") (TSX VENTURE:CWY) reports that discussions with First Gold Exploration Inc. regarding the loan agreement and acquisition of the Croinor property announced on March 9, 2010, have ended. Conway and First Gold were unable to agree on the terms proposed by First Gold.

The Company is nevertheless continuing to hold discussions with other potential partners to finance the acquisition of Belleterre Mining Resources Inc., on which it has an option until March 31, 2010.

FOR FURTHER INFORMATION PLEASE CONTACT:

Conway Resources Inc.
Laurent Beaudoin
President and Chief Executive Officer
418-871-3334

conway@ressources-conway.com
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