AllPennyStocks.com News: Junior Miner Signs LOI For High Grade Lithium Property, Shares Hit 52 Week High (GDR.V, LRM.TO)

MISSISSAUGA, Ontario, September 9, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Junior Miner Signs LOI For High Grade Lithium Property, Shares Hit 52 Week High."

Companies mentioned in this article include Golden Dory Resources Ltd. (TSX-Venture:GDR) and Linear Metals Corporation (TSX:LRM).

Article Excerpt:

As a substance drawn from the earth, it may not be as sexy as gold, nor a girl's best friend, as diamonds are, but lithium is important for powering the devices of the electronic age. Lithium ion batteries are a hot commodity for use in hybrid cars, set to flood the market as an alternative to the gas guzzlers that have ruled the roads for decades. Lithium is also handy as an additive in the making of glass, ceramics, greases, as well as specialized uses in the aerospace, nuclear and medical fields.

A small cap junior mining company with a bead on this valuable stuff is Gander, Newfoundland-based Golden Dory Resources Ltd. (TSX-Venture:GDR), and the area in question is northwestern Ontario's Red Lake Mining District, about 90 kilometres north of the town of Sioux Lookout, turf known better for its rich gold deposits. Golden Dory announced the day after Labour Day that it had acquired a 100% interest in a high-grade lithium oxide (Li2O) property in Red Lake, and that it was doing its due diligence on the property right away.

The full version of this article can be found at:

http://www.allpennystocks.com/aps_ca/special_reports/059/Junior-Miner-Signs-LOI-For-High-Grade-Lithium-Property,-Shares-Hit-52-Week-High.htm

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