Pan American Lithium Corp.
TSX VENTURE : PL
PINK SHEETS : PALTF

Pan American Lithium Corp.

April 05, 2010 09:00 ET

Pan American Lithium Corp. CEO Andrew Brodkey Interviewed by CEOcast

TUCSON, ARIZONA--(Marketwire - April 5, 2010) - Pan American Lithium Corp. (TSX VENTURE:PL) (PINK SHEETS:PALTF), a new junior lithium exploration company, announced that Chief Executive Officer Andrew Brodkey was interviewed by CEOcast, Inc. whose on-line programs reach millions of investors worldwide. The interview can be accessed at www.ceocast.com (register and log-on for free) and will be available through Wednesday, April 14. Brodkey discusses the company's mining projects in Chile and Mexico and why they'll provide investors an opportunity to participate in the growing demand for lithium.

Here are some highlights from the interview:

  • Formed in December 2009, the company is poised to ride the wave of the emerging lithium market. A major explosion in demand is expected because of the anticipated transformation of the world's automotive fleet to battery power from hydrocarbon. Lithium-ion batteries are the only way car makers can meet tougher domestic fuel efficiency and emission standards. New rules become effective by mid-decade.
  • Plans to reap large returns in low-risk, high reward lithium production scenarios unfolding. Owns interest in nine salars in Chile's Atacama Region III where it will explore and develop surface brine lakes; initial goal of producing up to 5,000 tons of lithium carbonate production per year. In Mexico, the company has an option to acquire an interest in a geothermal brine project, which includes brines produced by deep geothermal wells that already have been drilled by the Cierro Prieto power plant located in Baja California Norte, Mexico. The project has a near term goal of producing 5,000 tpy lithium carbonate.
  • Stands apart from other junior companies because the physical characteristics of its properties are well-advanced and diversified and their locations are politically stable from tax investment and regulatory perspectives.
  • Moving into production on these low-cost projects within a relatively short timeline of up to 36 months.
  • Strategy includes forging relationships with strategic off-take partners, including a recent Letter-of-Intent with a large international company. Plans to be first to resource definition, feasibility, and production with an off-take partner built-in.

Pan American Lithium Corp. (TSX VENTURE:PL) (PINK SHEETS:PALTF), based in Tucson, AZ, is well positioned to capture the next wave in mineral exploration lithium. The company and another party will jointly develop lithium through concessions in the geothermal brines currently being produced at the Cierro Prieto geothermal power plant located in Baja California, Mexico. The company also owns interests in nine salars with the potential to produce lithium from surface lakes and subsurface brines, all located in Chile's mineral-rich Atacama Region III. More information about Pan American Lithium is available at http://www.panamericanlithium.com

On Behalf of the Board,

PAN AMERICAN LITHIUM CORP.

Andrew A. Brodkey
President and 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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