Business
Orebodies Assays High Grade Lithium And Rare Metals
Orebodies Assays High Grade Lithium And Rare Metals

About this update from American Lithium Corp.
[{"type":"text","content":"\nOrebodies Assays High Grade Lithium And Rare Metals\n\n\n Mar. 11, 2010 (Baystreet.ca) -- TORONTO -- Canadian Orebodies Inc. (TSXV: CO) (“Orebodies”) is pleased to announce assay results from grab samples taken from 5 of its Lithium/Rare Metals properties all located in Ontario. The properties are owned 100% by Orebodies (subject to a 2% NSR, 50% of which can be purchased by Orebodies for $1,000,000).\n\n\nHighlights\n- Grab H467577 on the Falcon Property assayed \no 2.82% Li20\n1,820 ppm Rb\n153 ppm Be\n218 ppm Cs\n60.8 ppm Nb\n41.2 ppm Ta \n- Grab H467583 on the Despard Property assayed\no 3.66% Li20\n570 ppm Rb\n18.4 ppm Be\n185 ppm Cs\n97.6 ppm Nb\n >100 ppm Ta \n- Grab H181060 on the Greenbush Property assayed\no 1.96% Li20\n750 ppm Rb\n171 ppm Be\n170.5 ppm Cs\n105 ppm Nb\n48.9 ppm Ta \nLithium and Rare Metals Properties Overview\nGrab samples collected during Orebodies work program late last year have yielded high grade lithium from 3 of Orebodies lithium/rare metals properties. Results from the work done on the properties indicate there are several zones of strong lithium enrichment which contain significant quantities of rare metals (rubidium, tantalum, beryllium, niobium, cesium and gallium). Gordon Mckinnon, President and CEO commented “We are very encouraged by these initial assays from our grab samples and are anxious to begin a work program this spring to follow up on these results”. \nOrebodies is in the process of compiling further assay results which are being received from channel sampling that was also completed on the Falcon Property and will be released upon completion.\nAbout the Properties:\n\nFalcon lake and Despard Property:\nThe Falcon Lake property (60 claim units) and the Despard property (16 claim units) are both located in the general area of Linear Metals Corp. (TSX: LRM) Seymour Lake Lithium/Tantalum/Beryllium Property, approximately 60 km northeast of Armstrong, Ontario.\n\nTABLE 1 – ASSAYS FOR FALCON LAKE PROPERTY \n\n Sample #\n Li20 \n (%)\n Rb\n (ppm)\n Be\n (ppm)\n Cs\n (ppm)\n Ga\n (ppm)\n Ta\n (ppm)\n Nb\n (ppm)\n H467577\n 2.82\n 1,820\n 153\n 218\n 78\n 41.2\n 60.8\n H467585\n 2.45\n 1,940\n 245\n 190\n 63.4\n 28.8\n 61.2\n H467578\n 2.30\n 2,580\n 126.5\n 339\n 75.8\n 76.1\n 53.9\n H467586\n 2.26\n 1,640\n 118\n 109\n 64.9\n 20.8\n 54.7\n H467576\n 1...