Lithic Resources Ltd. is a junior mining exploration company based in Vancouver, Canada and trades on the TSX Venture Exchange under the symbol LTH. It was formed in June 2002, through the restructuring and refinancing of Berland Resources Ltd. by Resource Capital Fund II L.P., one of a series of four mineral-directed venture capital funds managed by Denver-based RCF Management. Between them, the funds have raised over US$900 million in committed capital to invest in development and growth stage mining companies worldwide. Lithic provides an opportunity for RCF to invest more directly in a selected project or projects.

Since the restructuring, Lithic's focus has been international in scope and has been aimed at the acquisition of an advanced stage mineral property with significant exploration potential. Beginning with the purchase of a 100% interest in the Crypto zinc property in Utah in 2005, the Company decided to concentrate on base metal opportunities in North America, particularly zinc in light of the excellent market fundamentals for that metal and the relative lack of zinc-focussed investment opportunities in the junior mining sector.

The Company's management and board have extensive international experience in mineral property evaluation, project finance and mining law. Expansion of the historical zinc resource at Crypto is one of our main corporate objectives, another being the acquisition of new and similarly promising advanced projects.