Orebodies Increases Lithium/Rare Metals Land Position
TORONTO, ONTARIO--(Marketwire - Nov. 24, 2009) - Canadian Orebodies Inc. (TSX VENTURE:CO) ("Orebodies") is pleased to announce that it is has increased its land position by way of staking in the Crescent Lake area, which is in the general area of Orebodies Falcon and Despard Lithium/Rare Metals properties. The Crescent Lake area is located approximately 150 km northeast of Thunder Bay. The new claims (the "Claims") total 77 claim units covering approximately 1,232 hectares, which more than doubles Orebodies land position in the area.
Some of the Claims were acquired to cover the previously unexposed extension of the Falcon west deposit, which was discovered during our recent stripping program, the remaining Claims cover features that Orebodies believes to represent possible unexposed lithium/rare metal pegmatites.
More information regarding the Properties is available on Orebodies website: [ www.canadianorebodies.com ].
This press release has been prepared under the supervision of Mr. Don Hains (P.Geo.)., who is 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 disclosed in this press release.
Forward Looking Information:
Some of the statements and information contained herein may be forward-looking information which involves known and unknown risks and uncertainties. Without limitation, statements regarding the potential mineralization and resources, proposed exploration activities and future plans and objectives of Orebodies are forward looking statements that involve various degrees of risk. The following are important factors that could cause Orebodies actual results to differ materially 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.