PL First Potash Corporation

Pan American Lithium Corp. ("Pan American" or the "Company") (TSX VENTURE:PL) is
pleased to announce that it has initiated a detailed sampling program as part of
a comprehensive scoping study to determine the content of lithium and other
light metals at the Cierro Prieto geothermal brine project in the State of Baja
California Norte, Mexico. 


The Cierro Prieto Project will exploit geothermal brines produced from deep
wells which feed an evaporation lagoon with a surface area of 14.3 square
kilometres. Pan American intends to systematically sample the concentrated
brines in the lagoon and submit samples for analysis by a certified laboratory.
Concurrently, Pan American intends to conduct depth measurements of the lagoon
in order to determine an estimate of the volume of the lagoon and its contained
brines. The Company expects to deliver the results of this phase of the scoping
study sometime during the first calendar quarter of 2010. Pan American believes
that, globally, these geothermal brines are potentially among the lowest cost
sources of lithium and may offer the quickest route to production.


The Company has the option to acquire 76% of the issued and outstanding shares
of Escondidas Internacional S.A. de C.V., a private Mexican company which is a
party to a joint venture regarding the development of lithium products from the
brine concessions at Cierro Prieto. Pan American is conducting this initial
sampling as part of its technical and legal due diligence on the project.


Pan American also has an existing portfolio of rights in nine salars in Chile,
covering a cumulative area in excess of 11,500 hectares.


On Behalf of the Board,

PAN AMERICAN LITHIUM CORP. 

Andrew A. Brodkey, President and CEO

This press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements based on
current expectations involving a number of risks and uncertainties and are not
guarantees of future performance of the Company such as the statement that the
Company: (i) intends to sample the brines and submit samples for analysis; (ii)
intends to conduct depth measurements of the lagoon to determine an estimate of
the lagoon and its brines; (iii) expects to deliver the results of this phase of
the scoping study sometime after the first calendar quarter of 2010; and (iv)
believes that the brines are potentially among the lowest cost sources of
lithium and may offer the quickest route to production. There are numerous risks
and uncertainties that could cause actual results and the Company's plans and
objectives to differ materially from those expressed in the forward-looking
information, including: (i) adverse market conditions; (ii) a decrease in demand
for and price of lithium; (iii) general uncertainties with respect to mineral
exploration in general; (iv) changes in the political or regulatory environment
in Chile; and (v) inability to raise required financing or execute the Company's
business plan. Actual results and future events could differ materially from
those anticipated in such information. These and all subsequent written and oral
forward-looking information are based on estimates and opinions of management on
the dates they are made and are expressly qualified in their entirety by this
notice. Except as required by law, the Company does not intend to update these
forward-looking statements.

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