Bookmark and Share Mollie River Gold Project (Ontario)

First Lithium has an option agreement to acquire up to a 75% interest in the Mollie River claims, approximately 4 km from the western edge of Trelawney Mining and Exploration Inc.'s ("Trelawney" TSX-V: TRR) Chester Gold Complex.

Trelawney's drill programs have consistently intersected long intervals of gold mineralization. These results have been reported in their news releases and include their November 15, 2010 announcement of the following intercepts:

*Hole E10-32 - 47.50 metres of 1.02 g/t gold

*Hole E10-33(i) - 520.28 metres of 1.44 g/t gold (0.92 g/t cut) including 1.70 metres of 199.80 g/t gold

*Hole E10-35 - 12.00 metres of 8.00 g/t gold and 187.55 metres of 0.61 g/t gold

In additional press releases this year, Trelawney reported intersections of "8.2g/t Au over a 107.11 meter core length including 313.55 g/t over 2.56 meters" and "137.00 metres of 5.33 g/t gold within a larger envelope of 274.60 metres of 2.99 g/t gold".

The three Mollie River claims, comprising 37 units, total approximately 1480 acres and are located in Benneweis Township, Porcupine Mining Division, mid-way between Sudbury and Timmins, Ontario. Each of the claims has excellent road access for exploration, including drill programs.

A diamond drilling program is currently underway, and the Company has expanded the proposed 6 hole 1200 metre program to 10 holes totaling 1800 metres.