Orebodies Increases Lithium/Rare Metals Land Position
TORONTO, ONTARIO - (Marketwire) - 11/24/09 - Canada deposits Inc. (TSX VENTURE: CO) ( "deposits") is pleased to announce that it has increased its land position through stakes in the Crescent Lake area, which is in the general area of Falcon Reservoir and Despard Lithium / Rare properties of metals. The area of Crescent Lake is located about 150 km northeast of Thunder Bay. The new claims (the "Claims") totaling 77 units covering approximately 1232 hectares, more than twice the position of the earth mineral deposits in the area.
Some of the claims were acquired to cover the extension of bail previously exposed west Falcon, which was discovered during our recent extraction program, the remaining claims cover the features that believes they are not exposed lithium deposits possible / rare metal pegmatites.
More information about the properties available on the website of deposits: www.canadianorebodies.com.
This press release has been prepared under the supervision of Mr. Don Hains (P. Geo).., An independent consultant to the company and a "qualified person" (as such term is defined in National Instrument 43-101 ). Mr. Hains has verified the technical data reported in this press release.
Forward-Looking Information:
Certain statements and information contained in this document may be information about the future that involves known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, the proposed exploration activities and future plans and objectives are forward-looking deposits that involve various degrees of risk. The following are important factors that could cause actual results to differ materially deposits from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, and the uncertainty of access to capital .
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