First Lithium Resources

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White Gold District Property Synopsis

Shares Out: 29,485,339
Market Capitalization: 2,747,147
Estimate of Cash Position: 360,000
Property Name: Unknown
Property Size (Hectares): Unknown
Distance from White Gold: 15 km E
Property Origin: Blair Naughty


First Lithium can earn 100% by paying the vendor $75,000 cash, 800,000 shares of MCI and grant a 3% NSR, with an option to buy back 1% for $1-million. The company also agrees to spend $25,000 by June 1, 2010, and an additional $225,000 by Sept. 1, 2010, as a work commitment.

Company Overview

From Lithium to Potash to Gold. Is the vendor the brother of the president?

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