Corporate

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.

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. Early in 2005, the Company decided to concentrate on base metal opportunities and in the summer of that year, made its first acquisition in the purchase of a 100% interest in the Crypto zinc property in Utah from EuroZinc. Expansion of the historical zinc resource at Crypto and otherwise advancing this project is our main corporate objective. At the same time, we will continue working toward the acquisition of new and similarly promising advanced projects.