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Lithium Corporation Signs Option Agreement on Rare Earth Prospect in British Columbia
Elko, Nevada--(Newsfile Corp. - January 6, 2026) - Lithium Corporation (OTCQB: LTUM) ("Lithium Corporation" or "the Company"), a mineral exploration company dedicated to strengthening North America's energy independence through domestic development of critical mineral resources, is pleased to announce the execution of an option agreement on the Company's Las Pilas prospect in southern British Columbia, where enriched Rare Earth Element ("REE") mineralization has been identified.Under the terms..
About this update from Ridgestone Mining, Inc.
[{"type":"text","content":"Elko, Nevada--(Newsfile Corp. - January 6, 2026) - Lithium Corporation (OTCQB: LTUM) ("Lithium Corporation" or "the Company"), a mineral exploration company dedicated to strengthening North America's energy independence through domestic development of critical mineral resources, is pleased to announce the execution of an option agreement on the Company's Las Pilas prospect in southern British Columbia, where enriched Rare Earth Element ("REE") mineralization has been identified.","length":521,"tagName":"p"},{"type":"text","content":"Under the terms of the agreement, and subject to regulatory approval, Ridgestone Mining Inc. (OTCQB: RIGMF) (TSXV: RMI) will pay Lithium Corporation $315,000, issue 500,000 common shares to the Company, and complete $600,000 in exploration expenditures over the next three years to earn a 100% interest in the property. The optioned interest is subject to a 2.0% Net Smelter Return royalty retained by Lithium Corporation, preserving long-term exposure to potential future production while optimizing near-term capital efficiency.","length":530,"tagName":"p"},{"type":"text","content":"Lithium Corporation President Tom Lewis commented, "This agreement establishes a clear pathway for advancing Las Pilas under a committed exploration program, while enabling the Company to concentrate technical and financial resources on our Yeehaw REE property, the newly staked Midway Range REE prospect in the general area, and ongoing generative work planned for the summer 2026 field season. Ridgestone's involvement will accelerate the evaluation of Las Pilas and deepen our understanding of REE-enriched Eocene intrusive systems in southern British Columbia."","length":579,"tagName":"p"},{"type":"text","content":"The Company looks forward to supporting technical advancement at Las Pilas through its retained royalty position while progressing priority exploration initiatives across its growing critical minerals portfolio.","length":211,"tagName":"p"},{"type":"text","content":"Learn more about Lithium Corporation's complete portfolio of lithium, graphite, titanium/rare earth elements, antimony and fluorspar prospects:https://lithiumcorporation.com/projects/","length":188,"tagName":"p"},{"type":"text","content":"About Lithium CorporationLithium Corporation is a mineral expl...