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Corporate Essentials

Exchange: TSX-V
Trading Symbol: LI
Common shares: 38,780,644
Warrants: 17,392,192
Options: 3,567,000
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Lithium One
Advancing Quality Lithium Assets

Lithium One Inc. (TSX-V: Li) is a Canada-based resource company whose focus is the development of new sources of lithium chloride and lithium carbonate production to feed the growing lithium ion battery market. The Company targets projects in stable, mining friendly jurisdictions that are amenable to proven technologies. Combining superior projects, a board and management team with an impressive history of wealth creation, and a superior technical team with a record of discovery, Lithium One is on track to be The First Name in Lithium...


Project Overview

Sal de Vida Lithium Brine Project
The flagship Sal de Vida Lithium Brine Project is located at Salar del Hombre Muerto, the only commercial lithium-producing salar in Argentina and the source of more than 10% of the world’s production of lithium. The brines in production at FMC Corporation’s adjacent operation are peerless with respect to lithium grade and process chemistry. Lithium One’s sampling continues to reveal similar grade and brine chemistry. The Company controls more than 300 sq km of land, where an aggressive program is well underway, systematically de-risking the project and advancing towards timely development for a rapidly evolving market.

James Bay Lithium Pegmatite Project
The James Bay Lithium Pegmatite Project in mining-friendly Quebec is an extensive high-grade spodumene pegmatite deposit that occurs at the surface. A large drill program in 2009 demonstrated impressive grade and continuity. Pending resource calculations and metallurgical test results will reveal the project’s value. Situated adjacent to high-tension power, a paved highway, and water, the project is well located to provide a stable supply of lithium to the emerging lithium battery sector in the northeast United States and Eastern Canada...

About Lithium

Lithium occupies atomic number 3 on the Periodic Table of Elements. Lithium is a Group 1 (IA) element containing just a single valence electron (1s22s1). Group 1 elements are called "alkali metals". Lithium is a solid only about half as dense as water. A freshly cut chunk of lithium is silvery, but tarnishes in a minute or so in air to give a grey surface.

Lithium is common in all our lives today, as it is the primary element behind the batteries in our portable electronics (mobile phones, MP3 players, and computers). Soon, it will likely be the fundamental raw material in batteries powering the next generations of hybrid-electric and plug-in electric vehicles. Lithium is mixed (alloyed) with aluminium and magnesium for light-weight alloys, and is also used in some greases, some glasses, and in medicine.
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Latest News

February 5, 2010
Lithium One Named as Part of 2010 TSX Venture 50

February 4, 2010
Lithium One Receives NI 43-101 TECHNICAL REPORT ON JAMES BAY PROJECT and Initiates RESOURCE CALCULATION and METALLURGICAL TESTING

January 14, 2010
Lithium One Reports 794 mg/L Lithium and 9,054 mg/L Potassium from Shallow Aquifer and Begins DRILLING PROGRAM at Sal de Vida Project, Argentina

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