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Friday, April 8, 2011

Rodinia Lithium lands former FMC Executive for management team.

Rodinia Lithium Retains Services of Former FMC Lithium Division Manager, New Resources & Process Development8:37AM ET on Thursday Apr 07, 2011 by Marketwire

Rodinia Lithium Inc. ("Rodinia" or the "Company") ( RM.v  and RDNAF.PK) is pleased to announce it has contracted the services of Mr. Bob Cinq-Mars, a specialist in Chemical Process Development, to oversee elements of process design and management.

Mr. Cinq-Mars has a wealth of experience in process design and management, whose work experience includes 20 years with FMC Lithium Division as Manager, New Resources and Process Development. During his time with FMC Lithium Division, Mr. Cinq-Mars work included process research and development of three routes to recover lithium from new reserves, physical evaporation studies in the laboratory to support process design, and identification of alternate lithium resource in the world.
Ray Spanjers, Manager of Exploration for Rodinia, commented "Bob and I have worked together in the past and I am extremely pleased to have him on board. His wealth of experience in the brine processing department will help meet our PEA deadlines and ensure maximization of our lithium and potash processing recoveries."

Mr. Cinq-Mars will advise the company on processing methodology and contracts in regards to consulting groups with experience in lithium and potash brine processing. Following the Company's principles, it will award contracts to groups with extensive internal peer review and relevant experience.

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent. The project contains a recoverable inferred resource of 952,553,000 m(3) grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2011, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through scoping study.

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit. The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply. 

The Projects are supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43-101, and has reviewed the scientific and technical information in this press release.

Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com.

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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 RELEASE.
Contacts:
Investor Cubed Inc.
Investor Relations
+1 (647) 258-3311

Rodinia Lithium Inc.
Aaron Wolfe
Vice-President, Corporate Development
+1 (416) 309-2696
info@rodinialithium.com
www.rodinialithium.com


SOURCE: Rodinia Lithium Inc.

Analyst Coverage:

(1) Mar 07, 2011 (ACCESSWIRE via COMTEX) -- TORONTO, Canada: Ubika Research has initiated research coverage on Rodinia Lithium Inc (CA:RM 0.44, 0.00, 0.00%) (cve:RM)(otcqx:RDNAF) with an initiation report titled "Lithium junior with a world class resource: well positioned to be a significant player".

Rodinia Lithium Inc ((tsx venture:RM)(cve:RM)(otcqx:RDNAF) is a well funded junior lithium explorer which owns 100 % of the Salar de Diablillos, in Argentina, which neighbours FMC Corp's (FMC 85.27, +0.05, +0.06%) lithium project (world's third largest lithium mine). Rodinia also owns 70,000 acres in Clayton Valley, Nevada, which encircles Chemetall's (a division of rockwood holdings (nyse:ROC)) Silver Peak mine that has produced up to 5,000 tonnes Lithium Carbonate Equivalent (LCE) over the last 40 years. Rodinia has a NI 43-101 compliant inferred resource at Salar de Diablillos of 4.96 million tonnes of LCE and 19.8 million tonnes of Potash.

(2) Dr. Jon Hykaway of Byron Capital Markets (the father of Byrons lithium index) has a buy rating on Rodinia Lithium, with a target price of $2.25.

Rodinia Lithium (TSXv-RM) .45 cents today!

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