First Lithium Resources Inc.
TSX VENTURE : MCI
PINK SHEETS : FLNTF
FRANKFURT : MHN

First Lithium Resources Inc.

March 31, 2011 09:01 ET

First Lithium Returns to Mollie River to Continue Drilling

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 31, 2011) - First Lithium Resources Inc. (TSX VENTURE:MCI)(PINK SHEETS:FLNTF)(FRANKFURT:MHN) (the "Company") is pleased to announce that it has returned to the Mollie River Property to continue drilling DDH MR-10-10, which was previously drilled to a depth of 194m. The final 9m interval of that core revealed elevated gold and copper levels (see news release March 2, 2011). Project geologist Mark Fedikow stated, "The association of gold mineralization in altered mafic to intermediate intrusions is strongly suggestive of the geologic setting of the Trelawney gold deposits." Drilling should commence before the end of the week.

The depth to which the Company will extend the hole will be determined by visual examination of the core as it is extracted.

The Mollie river property is located between Sudbury and Timmins, Ontario, approximately 4 km from the eastern edge of Trelawney Mining and Exploration Inc.'s Chester Gold Complex.

ON BEHALF OF THE BOARD

Craig Naughty, President & CEO

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

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