Rodinia Lithium Inc.s Diablillos Project Is Unaffected by Recent Developments in Jujuy Province, Argentina

Rodinia Lithium Inc.s Diablillos Project Is Unaffected by Recent Developments in Jujuy Province, Argentina

Rodinia Lithium Inc. In light of recent press releases and media comments issued with respect to recently ratified Decree 7592/11 in Jujuy Province, Argentina, Rodinia would like to remind all investors and stakeholders that the Company’s flagship assets are not located within Jujuy Province and are therefore unaffected by the decree. The Company has a portfolio of three lithium-brine projects in Salta Province, Argentina, including its flagship Salar de Diablillos Project (“Diablillos”), and one potentially equally significant lithium-brine project in Clayton Valley, Nevada, USA (“Clayton Valley”).

William Randall, President and CEO of Rodinia, commented “Mining legislation and government activity within the mining sector varies dramatically from province to province in Argentina, and the evolution of legislation in one province does not directly impact neighbouring provinces. In our experience, and looking back at the history, Salta has always been a mining-friendly province and has been encouraging an environment where projects can be actively explored, developed and put into production. Salta Province has almost a century of mining history. This history includes significant work and involvement by both junior explorers and senior producers like Rio Tinto Minerals, and these private companies have never encountered any interference from the government. This pro-business and supportive environment is unique to select areas in Argentina and is a specific reason why we selected the Diablillos Project.”

Rodinia is still working to fully understand all the developments in Jujuy and their potential impact on lithium exploration and exploitation. As the Company understands it, Decree 7592/11 seeks to preserve natural resources in Jujuy that the governing provincial group believes should become an integral part of the economy and a source of local added value and labour participation. Media coverage on the topic has suggested that, in addition to an Environmental Impact Statement approval, exploration and exploitation level projects will now require approval by a Committee of Experts and by the joint resolution of the Minister of Production and the Secretary General of the Provincial Government. The Committee of Experts is to be comprised of seven seats from academic and political provincial institutions and two politicians from the Jujuy Legislative Assembly. Rodinia has been actively following the developments in Jujuy for over six months now and will continue to do so.

Two Flagship Assets Outside Jujuy – Diablillos & Clayton Valley

Rodinia is actively advancing its two flagship assets: Diablillos, located in Salta Province, Argentina and Clayton Valley, located in Nevada, USA.

In less than one year’s time, Rodinia has raised the necessary capital and completed the required drilling and exploration work to define a 4.95 million tonne lithium carbonate equivalent resource estimate at its Diablillos Project. This resource estimate, completed by independent engineering and consulting firm AMEC Internacional Ingenieria y Construccion Limitada (“AMEC”), is believed to be the second largest defined lithium resource in the world prepared under the guidelines set out in National Instrument 43-101. Work to date also suggests that the brine geochemistry from Diablillos contains favourable magnesium and sulphate ratios, which are important when analyzing the future production potential of the Project. (Please see Press Release dated March 2, 2011, for additional information on the resource estimate.) Additional exploration and evaluation work is ongoing at Diablillos and the Company believes it has the required capital to progress the project through scoping study in 2011 and views the developments in Jujuy Province as neutral to the advancement of Diablillos.

Rodinia is also preparing for its next phase of exploration work at its Clayton Valley lithium-brine project in Nevada, where in 2010 the Company had exploration success intersecting lithium-rich brines on its claim blocks enveloping Chemetall’s Silver Peak operation. The Silver Peak operation has been in production for several decades and is currently the only domestic source of lithium carbonate for the United States. Significant end-market opportunities exist for Rodinia should exploration work be successful and the Company is able to put the Clayton Valley Project into production.

Rodinia’s only property holding in the Province of Jujuy is its 4,500 hectare claim covering parts of Salinas Grandes. Salinas Grandes remains a development opportunity within the Company’s portfolio of lithium-brine assets. Minimal exploration work or expenditures have occurred on Rodinia’s Salinas Grandes claims.

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