Western Lithium USA Corporation

Western Lithium USA Corporation

March 29, 2010 07:55 ET

Western Lithium Announces Formation of Advisory Committee and Resignation of Director

RENO, NEVADA--(Marketwire - March 29, 2010) - Western Lithium Corporation (TSX VENTURE:WLC)(PINK SHEETS:WLCDF) announces that it will form an Advisory Committee to consult with the Board of Directors on the development of Western Lithium's Kings Valley Lithium Project.

The committee will be comprised of leading experts in the technical, commercial and financial fields, who can contribute to the advancement of the project. Pamela Klessig has resigned from the Board of Directors of Western Lithium, effective immediately, and will become the first member of the Advisory Committee.

Ms. Klessig was instrumental in the spinout of Western Lithium from Western Uranium Corporation, and acted as Western Lithium's founding President and Chief Executive Officer immediately following the spinout in 2008. She has served on the Western Lithium board since its inception and will continue to provide valuable counsel and expertise as a member of the Advisory Committee. Ms. Klessig's primary focus will be to continue her role as President, CEO and a Director of Western Uranium.

Western Lithium is developing the Kings Valley, Nevada lithium deposit into potentially one of the world's largest(1) strategic, scalable and reliable sources of high quality lithium carbonate. The Company is positioning itself as a major U.S.-based supplier to support the rising global demand for lithium carbonate that is expected from the increased use of mobile electronics and hybrid/electric vehicles.

(1) Western Lithium has completed a National Instrument 43-101 resource estimate for the envisioned initial stage of development. The current resources are part of the historical estimate of 11 million tonnes of lithium carbonate equivalent (LCE) prepared by Chevron Resources and ranks in size behind deposits in Bolivia (47 million tonnes LCE), Chile (37 million tonnes LCE), North Carolina (14 million tonnes LCE) and the DRC (12 million tonnes LCE). Source: R. Keith Evans, 2010; Roskill Information Services Ltd., 2009; and company disclosures. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources under National Instrument 43-101, the Company is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon. A copy of Western Lithium's NI 43-101 technical report has been filed on SEDAR under the Company's profile.

The TSX Venture Exchange has neither approved or disapproved of the contents of this press release. Neither the 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 press release.

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