Industry: Other Industrial Metals & Mining

Sector: Basic Materials

Lithium Corporation, an exploration stage mining company, engages in the identification, acquisition, and exploration of metals and minerals in Nevada and British Columbia. It explores for lithium/boron/potassium, graphite, gold, and silver deposits, as well as titanium and rare earth elements. The company owns 100% interests in the Fish Lake Valley property that includes 143 claims covering an area of approximately 11,360 acres located in northern Esmeralda County in west central Nevada. It also holds interests in the San Emidio property comprising 10 claims, which cover an area of approximately 1,600 acres located in Washoe County in northwestern Nevada; BC Sugar Flake Graphite property covering an area 19,816 acres located in the Cherryville area of British Columbia; Hughes claims located in the six discrete prospect areas of Nevada; and the Yeehaw Titanium (Ti)/Rare Earth Element (REE) exploration prospect covering 4,079 acres located in the Monashee Mountains in the Trail Creek Mining Division in South Central British Columbia. The company was formerly known as Utalk Communications Inc. and changed its name to Lithium Corporation in September 2009. Lithium Corporation was incorporated in 2007 and is headquartered in Elko, Nevada.

Lithium Corp is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.