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      Canada Lithium Doubles Conceptual Target Estimate To 29-30
      Million Tonnes Grading 1.1%-1.2% Li2O
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Toronto, November 2, 2009 - Canada Lithium Corp. (TSXV: CLQ) announced
today that Caracle Creek International Consulting Inc. (CCIC) has
completed the digitizing and modeling of all historical data from the
former Quebec Lithium Mine located 60 km north of Val d'Or, Quebec.

The modeling by CCIC has increased the target estimate for the mine
area to 29-30 million tonnes grading 1.1%-1.2% Li2O.

"We are extremely encouraged by the modeling for the project as it has
doubled the 15 million tonnes of the historical estimate previously
reported when the mine closed in the 1960s," said Peter Secker,
President and CEO of Canada Lithium Corp.

"The modeling suggests that the Quebec Lithium Project can be developed
into a lithium carbonate operation with a mine life in excess of 15
years," he noted.

In order to upgrade the conceptual estimate to a National Instrument
43-101 compliant, classifiable resource estimate, the Company recently
commenced a 7,000-metre verification/delineation drill program at the
Quebec Lithium site. This program will "twin" approximately 28 of the
more than 400 historic surface and underground holes as well as drill a
number of holes to approximately 500 metres vertical depth to
demonstrate ore continuity at depth in the area of the existing mine
workings.

Core from this drilling program will also be used to provide a bulk
metallurgical sample for ongoing metallurgical testing. This work
program is part of the pilot metallurgical test work that will be used
for a Bankable Feasibility Study and also to deliver additional
marketing samples to Mitsui in Japan.

The 29-30 million tonne potential tonnage estimate by CCIC was based on
previous drill results that defined the approximate length, thickness,
depth and grade of the historic estimate. This incorporated over 60
surface diamond drill holes, 340 underground drill holes and 21
underground stopes. A three-dimensional geological model was developed
from this data to aid in deposit evaluation. The potential quantity and
grade is conceptual in nature and there has been insufficient
exploration to define a mineral resource. It is uncertain if further
exploration will result in the discovery of a mineral resource.

As noted, the historical estimate outlined 15 million tonnes at 1.14%
Li2O. This resource is not compliant with NI-43-101 due to the fact
that the original core samples from the historic drilling programs were
lost when the mine closed down in 1965 and the assay data cannot be
verified. This resource estimate cannot, therefore, be considered
current and reliable.

A technical report describing the potential tonnage estimate will be
filed on SEDAR within 45 days of this release. It is expected that the
NI-43-101-compliant resource estimate will be completed during the
first quarter of 2010.

The potential tonnage exploration target was prepared by Michelle
Stone, P.Geo., a Senior Geologist with CCIC. Ms. Stone is an
independent Qualified Person as defined by NI 43-101. Ms. Stone has
read and approved the contents of this news release.

Mitch Lavery, P.Geo., is the Qualified Person for the Quebec Lithium
Project in accordance with NI 43-101. Mr. Lavery has read and approved
the contents of this news release.

Canada Lithium Corp. is a Canadian-based resource and exploration
company trading under the symbol CLQ on the TSX-V. The Company has
initiated a prefeasibility study on the Quebec Lithium Project, which
will include environmental, metallurgical, geological and engineering
studies. It has an agreement with Japanese metals trading firm, Mitsui
and Co. Ltd., to market a portion of Canada Lithium Corp.'s product in
China, Korea and Japan. Metallurgical tests have produced battery-grade
lithium from deposit samples.

For more information please contact:

Peter Secker, President and CEO (416) 361-2821

Olav Svela, Director, Investor Relations (416) 361-2821 or email
osvela@canadalithium.com

Dan Symons, Renmark Financial Communications Inc. (514) 939-3989 or
email dsymons@renmarkfinancial.com

Or visit our new updated Canada Lithium website at
www.canadalithium.com.

Corporate Office: 401 Bay St., Suite 2010, Toronto, Ont. M5H 2Y4

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.

Forward-looking Information

The statements made in this press release may contain certain
forward-looking statements concerning potential developments affecting
the business, prospects, financial condition and other aspects of
Canada Lithium Corp. The actual results of the specific items described
in this release, and the company's operations generally, may differ
materially from what is projected in such forward-looking statements.
Although such statements are based upon the best judgments of Canada
Lithium Corp. management as of the date of this release, significant
deviations in magnitude, timing and other factors may result from
business risks and uncertainties including, without limitation, the
Company's dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the
control of the Company. Canada Lithium Corp. disclaims any obligation
to update information contained in any forward-looking statement.

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Copyright (c) 2009 CANADA LITHIUM CORP. (CLQ)  All rights reserved.
For more information visit our website at http://www.canadalithium.com/
or send mailto:info@canadalithium.com
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