Canada Lithium Announces Key Personnel Appointments and Equipment Purchases For Qu�bec Lithium Project
TSX: CLQ; U.S. OTC: CLQMF
TORONTO, July 6, 2011 /CNW/ - Canada Lithium Corp. (TSX: CLQ) (OTCQX: CLQMF) announced today it has filled three senior management positions and placed key orders for both process plant and mine equipment as the $202-million Qu�bec Lithium Project near Val d'Or, Qu�., enters the construction phase.
Donald Blanchet, P.Eng., MBA, has been appointed Vice President, Sustainable Development, in charge of project environmental approval processes, as well as supervising all aspects of site environmental works. M. Blanchet has over 25 years of experience in civil engineering and environmental protection and has considerable experience in major-project permitting and construction. Before joining Canada Lithium, he was Director of GENIVAR Inc.'s Amos, Qu�., office. He also worked previously as a vice president for Pellemon Inc. and SNC-Lavalin.
Jean Luc Bernier, P.Eng., M.Sc., has been appointed Metallurgical Superintendent. M. Bernier, a chemical engineer with over 30 years of metallurgical experience, worked previously with Rio-Tinto-Alcan in the development of new technologies, overseeing construction of new facilities and operations management. Among other things, he was involved in the development of aluminum-lithium alloy technology for Alcan.
Construction of Canada Lithium's mine and plant will be overseen by Marco Plourde, the Project's new Construction Superintendent. M. Plourde has for the past 30 years supervised and managed dam construction, earthworks and open-pit mine operations in Canada and around the world, including postings as mining superintendent for Goro Nickel in New Caledonia, Canadian Royalties in Qu�bec and Essakane in Burkina Faso. Prior to joining Canada Lithium, M. Plourde was General Superintendent for Agregat RN, working on the Osisko mining project near Val d'Or.
"We are delighted to welcome on board Messrs. Blanchet, Bernier and Plourde," said Charles Taschereau, Chief Operating Officer. "We will now move rapidly into the construction phase of project development, with site preparation scheduled to commence in mid-August 2011."
The Company also announced that key orders have been placed with suppliers for both the processing plant and the mining operation. Orders for the process plant's long-lead-time items, such as the ball mill, rod mill and kiln, have now been confirmed with Metso Inc. The ball and rod mills will be built in Montreal and the kiln will be sourced in the U.S.
For the mining operation, the initial order for three, 91-tonne Caterpillar mine-haul trucks has been placed with Hewitt Equipment Limited in Qu�bec.
About Canada Lithium Corp.
The Company holds a 100% interest in the Qu�bec Lithium Project near Val d'Or, the geographical heart of the Qu�bec mining industry. The Company plans to build an open-pit mine and processing plant on-site with capacity to produce approximately 20,000 tonnes of battery-grade lithium carbonate. Metallurgical tests have produced battery-grade lithium carbonate samples. The Company trades under the symbol CLQ on the TSX and on the U.S. OTCQX under the symbol CLQMF.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is based on reasonable assumptions that have been made by the Corporation as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking information.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Corporation does not undertake to update any forward-looking information referenced herein, except in accordance with applicable securities laws.
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