Idaho North Resources and Lithium Corporation Form Business Alliance for Lithium Exploration in Nevada

Idaho North Resources announced today that it has formed a business alliance with Lithium Corporation for the purpose of locating and exploring lithium-bearing properties in the state of Nevada.

The alliance will allow for a free flow of information, data, concepts, and techniques to be shared between the companies for their mutual benefit and to guide joint exploration efforts. This alliance is not a partnership unless a prospective property is identified and both parties agree to a form 50-50 joint venture to explore that specific property.

IDAH President Lane Griffin stated, “The increased interest in lithium, close proximity to one of the world’s largest battery plants in Reno and the only active American lithium mine near Tonopah, makes this a logical business opportunity for our company. Our focus and experience has been in Nevada and this alliance fits our objective of building shareholder value through the creative acquisition of superior mineral properties.”