Lithium Corporation is an early-stage mineral exploration company focused on identifying, acquiring, and exploring properties prospective for lithium and other critical minerals across Nevada and British Columbia. The company does not produce or sell any minerals — it explores properties and then options them to third-party partners rather than developing them itself. Under a typical option agreement, a partner makes staged cash payments, issues shares to Lithium Corporation, and commits to exploration spending over several years in exchange for an interest in the property. When Lithium Corporation assigns a full interest, it typically retains a Net Smelter Royalty (a royalty on future production revenues) of roughly 2–3.5%, representing long-dated upside if any property ever reaches production. Key properties include lithium-in-brine and lithium-in-clay claims in Nevada's Fish Lake Valley and North Big Smoky Valley (both currently tied to Morella, Lithium Corporation's largest shareholder), a lithium-in-brine property at San Emidio currently seeking a new partner, and rare earth element claims in British Columbia's Granby River Valley recently optioned to Ridgestone Mining. Lithium Corporation also holds a 25% interest in Summa LLC, a Nevada entity owning fee title mining properties. The company has no employees — officers and directors serve as independent consultants — keeping overhead minimal. Cash inflows come from option payments and share issuances from partners, not mineral sales.