Mr. Rudy de Jonge reports

NEW TECH LITHIUM ACQUIRES ANOTHER COBALT PROSPECT IN THE HUMBOLDT INTRUSIVE COMPLEX, PERSHING COUNTY, NEVADA

New Tech Lithium Corp. has agreed to acquire the Tule cobalt prospect, hosted in the Humboldt mafic intrusive complex in Nevada. The Tule prospect consists of eight U.S. federal lode mining claims which cover approximately one mile of strike length of a large gossanous outcrop of strongly oxidized and limonite-altered pyrite-bearing rock. New Tech Lithium can earn 100-per-cent ownership of the eight mining claims for payment of $100,000 (U.S.) plus 400,000 shares of New Tech Lithium over three years, plus completion of a $500,000 (U.S.) work program over four years. The vendor will retain a 2-per-cent net smelter return royalty subsequent to the successful completion of the 100-per-cent earn-in. One-half of the 2-per-cent net smelter return royalty (1 per cent) can be purchased by New Tech Lithium any time and at its discretion for $1-million (U.S.).

The geology and mineralization of the Tule cobalt occurrence are considered by New Tech Lithium geologists to be similar to New Tech Lithium's Buena Vista Hills cobalt project, located approximately 11 to 12 miles to the east-southeast. The intensely leached gossanous material exposed at the surface contains low-levels of cobalt, supported by three New Tech Lithium check samples (13 parts per million, 14 parts per million and 23 parts per million cobalt) and historical sampling (30 parts per million to 60 parts per million cobalt; Parker Mining Corp., internal report, 2001). Parker Mining also reported, in the same document, cobalt concentrations ranging from 300 parts per million to 1,285 parts per million cobalt (approximately 0.03 per cent to 0.13 per cent cobalt) from several partially oxidized, pyrite-rich rock samples collected from several old mine dumps on the property. These partially oxidized samples presumably represent cobalt-bearing pyrite from the oxide-sulphide transition zone at depth, suggesting the potential occurrence of cobalt concentrations greater than 0.1 per cent in fresh pyrite below the oxide zone.

With the exception of the New Tech Lithium check samples, these cobalt results are considered historical in nature. In the case of the historical samples collected and reported by Parker Mining, sample collection, sample preparation and quality assurance/quality control protocol cannot be verified to have been conducted under the supervision of a qualified person as defined by National Instrument 43-101 and cannot be unequivocally relied upon. Detailed sampling and assaying of the magnetite-pyrite mineralized zones through drilling by New Tech Lithium will be required to reliably determine the true concentrations and distribution of cobalt mineralization.

New Tech Lithium is engaged in the exploration and development of promising cobalt and lithium projects in America, including the Buena Vista Hills cobalt project in Nevada, the Fredericktown cobalt project in Missouri and the Paradox basin lithium-bromine project in Utah/Colorado.

The scientific and technical data contained in this news release were prepared and reviewed by Dr. Kent Ausburn, PhD, PGeo, a non-independent qualified person to the company. Dr. Ausburn (located at Suite 800, 1199 W Hastings St., Vancouver, B.C., Canada, V6E 3T5) is responsible for ensuring that the geological information provided in this news release is accurate and acts as a qualified person pursuant to NI 43-101 Standards of Disclosure for Mineral Projects.

We seek Safe Harbor.