Canada Lithium project update; drilling intersects 66.3 metres grading 1.29% Li2O

Canada Lithium Corp. (TSX: CLQ; U.S. OTCQX: CLQMF) announced that the major components of the definitive Feasibility Study (FS) for the re-development of the Quebec Lithium mine are now under way and on schedule for completion in the First Quarter 2011.

The press release is quoted as saying:

The program, aimed primarily at testing extensions of the known resource both at depth and along strike, also includes some infill drilling for increased resource definition within the initial pit design. The program was initiated in late April and 49 holes totalling 6,724 meters have been completed to date. The assay results for the program will be completed by August 2010 and an updated NI 43-101 resource report will be available in October 2010.

Click here to access the entire press release