First Lithium Minerals Corp. announced the acquisition of exploration property (the "Property" or "LSL project") comprised of 93 mining claims totaling 1,900 ha in the Patricia Mining Division of northwestern Ontario. The LSL project is located approximately 160 km northeast of Sioux Lookout, Ontario, with a provincial highway and logging road access, near Little Savant Lake. The LSL project covers an area of 1,900 hectares consisting of 93 wholly-owned contiguous mining claims. The project area is underlain by the northeastern extension of greenstones and lies within the Archean rocks directly on strike of the primary geological control structures of English River Subprovince of the Superior Province. Historical exploration activities in the project area included geologic mapping, airborne gamma ray spectrometry, line cutting, and core drilling. Historical drilling (1967-1968) identified multiple occurrences of pegmatites including several significant intervals including 98.4 ft of granite-pegmatite in hole 37627. Magnetic data in combination with lithology from historical drilling demonstrates potential scale and prospectivity for near surface mineralization. The area also shows anomalous lake geochemistry lithium (Li) clusters and relevant pathfinder elements cesium (Cs) and tantalum (Ta) present in sediments (Source: Lake Geochemistry of Ontario, Ontario Geological Survey), which can indicate coincident geochemical anomalies that could hold Li-Cs-Ta (LCT) pegmatite mineralization. The LSL project was acquired from a private company, Hudson Humic Ltd. (" Hudson"), and through direct staking by the Company. In return for the acquisition of 49 mining claims of the LSL project, the Company will issue to Hudson 4,300,000 common shares and make a payment of $50,000. The Common Shares will be subject to a statutory hold period expiring four months and one day from the date of issuance in accordance with applicable securities legislation. The Company is planning to conduct reconnaissance exploration, geologic mapping, including
rock and soil sampling at the acquired mining claims during the current field season.