Lithic Resources Ltd. (TSX VENTURE:LTH) (the "Company") is pleased to announce
that it has retained the services of Joyce Musial in a corporate communications
role for an initial six month term effective January 2, 2013. Ms. Musial has
over 25 years of investor relations and corporate development experience with
various junior and senior exploration and mining companies including Placer Dome
Inc., Teck Exploration, Batero Gold Corp. and Cumberland Resources Ltd. At
Cumberland, she was a part of the team taking that company from the exploration
stage through syndicated bank financing and ultimately its acquisition by Agnico
Eagle Mines.


In consideration of the services to be provided, the Company has agreed to pay a
monthly fee of $7,000 plus applicable taxes and certain pre-approved travel
expenses. In addition, the Company has granted Ms. Musial 400,000 incentive
stock options exercisable at a price of $0.10 for a period of two years from the
date of grant. These options are granted pursuant to the Company's stock option
plan and have vesting provisions such that one quarter of the options will vest
upon grant with a maximum of an additional quarter vesting every three months
thereafter. These agreements are subject to regulatory approval and all terms
will be subject to and in accordance with the policies and rules of the TSX
Venture Exchange.


The options were granted pursuant to the Company's stock option plan which
reserves an aggregate total of stock options equivalent to 10% of the Company's
issued and outstanding share balance at any given time. Including the current
grant, the Company has issued 4,600,000 stock options out of an authorized
maximum of 6,017,800 stock options.


About Lithic

Lithic Resources holds a 100% interest in the Crypto project in Utah, a
zinc-copper-silver-indium-gold deposit previously explored by Utah International
and Cyprus Minerals. An updated resource estimate by the Company as published in
a November 19, 2009 press release and tabulated below substantially increased
the size of the resource base at Crypto: 




-----------------------------------------------------------------
             Cutoff                     %       %       %     g/t
Category      ZnEq%        Tonnes    ZnEq      Zn      Cu      In
-----------------------------------------------------------------
Indicated      3.00     6,298,000    6.87    4.75    0.32      46
-----------------------------------------------------------------
Inferred       3.00    15,832,000    6.95    5.08    0.36      35
-----------------------------------------------------------------
Indicated      6.00     2,659,000   10.48    8.01    0.37      54
-----------------------------------------------------------------
Inferred       6.00     7,184,000   10.22    8.04    0.44      38
-----------------------------------------------------------------
                                                                 

-----------------------------------------------------
Category           Lbs Zn        Lbs Cu         Kg In
-----------------------------------------------------
Indicated     659,482,000    44,752,000       291,000
-----------------------------------------------------
Inferred    1,774,360,000   125,446,000       551,900
-----------------------------------------------------
Indicated     469,349,000    21,621,000       144,900
-----------------------------------------------------
Inferred    1,273,108,000    69,892,000       275,900
-----------------------------------------------------
                                                     
Note: base case in bold; Zinc-equivalent (ZnEq) calculated using a zinc     
price of US$0.80/lb, a copper price of US$2/lb and an indium price of       
US$500/kg                                                                   



Preliminary metallurgical testwork on sulphide mineralization has shown good
recoveries to separate zinc and copper concentrates using standard flotation
processing and that these concentrates would respectively contain important
levels of indium and gold and silver. As concluded in a 2010 Preliminary
Economic Assessment, a significant proportion of the minimum grade and tonnage
required for a positive economic outcome has already been defined. Since the
deposit is open in several directions, there is good potential to expand
existing resources and very good potential for the discovery of new zones beyond
these extensions. The project is fully permitted and bonded for future
exploration. Technical reports and other information regarding the Crypto
project may be found at www.lithicresources.com and www.sedar.com.


LITHIC RESOURCES LTD.

C.F. Staargaard, President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Lithic Resources Ltd.
C.F. Staargaard
President and CEO
(604) 687-7211
info@lithicresources.com
www.lithicresources.com
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