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	<title>Lithium Americas</title>
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	<link>http://www.lithiumamericas.com</link>
	<description>Developing one of the world’s largest and lowest cost lithium operations</description>
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		<title>Lithium Americas Announces Financial and Operating Results For The Three Months Ended November 30, 2011</title>
		<link>http://www.lithiumamericas.com/2012/01/lithium-americas-announces-financial-and-operating-results-for-the-three-months-ended-november-30-2011/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-announces-financial-and-operating-results-for-the-three-months-ended-november-30-2011</link>
		<comments>http://www.lithiumamericas.com/2012/01/lithium-americas-announces-financial-and-operating-results-for-the-three-months-ended-november-30-2011/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 14:21:40 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

		<guid isPermaLink="false">http://www.lithiumamericas.com/?p=1105</guid>
		<description><![CDATA[TORONTO, Canada, January 16, 2012 - Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), today reported that it has filed its interim financial reports, including the unaudited condensed consolidated interim financial statements and management discussion and analysis, as at, and for the three and nine months ended, November 30, 2011. ]]></description>
			<content:encoded><![CDATA[<p align="center"><strong>Lithium Americas Announces Financial and Operating Results For The Three Months Ended November 30, 2011</strong><strong>          </strong></p>
<div>
<p><strong>   </strong><strong>                      </strong></p>
<ul>
<li><strong>Construction and Testing of Lithium Carbonate Pilot Plant Complete</strong></li>
<li><strong>Long Term Land Use Agreements Secured</strong></li>
<li><strong>Strong Cash Position &#8211; $11.5 Million in Cash and Cash Equivalents</strong></li>
<li><strong>$10 million Stand-By Credit Facility Arranged to Provide Non-Dilutive Financing</strong></li>
<li><strong>Appointment of Executive Chairman to Further Strengthen Management Team</strong><strong> </strong></li>
<li><strong>On Schedule to Complete Definitive Feasibility Study in Q2 2012 </strong><strong>                    </strong></li>
</ul>
<p><strong>                          </strong><strong></strong></p>
</div>
<p>&nbsp;</p>
<p>TORONTO, Canada, January 16, 2012 &#8211; Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), today reported that it has filed its interim financial reports, including the unaudited condensed consolidated interim financial statements and management discussion and analysis, as at, and for the three and nine months ended, November 30, 2011. These documents are available in the SEDAR database at <a href="http://www.sedar.com/">www.sedar.com</a> and on the Company’s website <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a>. All amounts are expressed in Canadian dollars, unless otherwise indicated.</p>
<p>&nbsp;</p>
<p>During the three months ended November 30, 2011 the Company incurred $1.3 million in property rights and exploration costs to further evaluate activities necessary to advance the project to the definitive feasibility study stage.  As at November 30, 2011, a total of $35.9 million has been invested in property rights and exploration on the Company’s Cauchari-Olaroz Lithium/Potash Project in Argentina.  As at November 30, 2011, the Company had $11.5 million in cash and cash equivalents and positive working capital of $11.6 million.</p>
<p>&nbsp;</p>
<p>&#8220;After consistently achieving the key milestones in defining and understanding our resource, Lithium Americas is now positioned to complete its definitive Feasibility Study (“DFS”) and commence construction of one of the world’s largest and lowest cost lithium operations&#8217;&#8221;, said Dr. Waldo A. Perez, President and CEO of Lithium Americas.  &#8220;In addition to having a strong cash balance, we have secured additional funding through our key shareholders, providing us with the financial flexibility post DFS to negotiate transactions that fully maximize shareholder value.&#8221; </p>
<p>Operational highlights during the three months ended November 30, 2011 include:</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Completion of Lithium Carbonate Pilot Plant – November 2011</span></strong></p>
<p>The Company announced that its lithium carbonate pilot plant, designed and constructed by SGS Minerals Services (“SGS”) in Lakefield, Ontario, has been completed, tested, and that pilot production was achieved in accordance with design specifications.  The pilot plant is designed to produce approximately 30 kilograms of battery grade lithium carbonate (99.5% purity) per day.   The pilot plant is now in transit to Argentina.</p>
<p><strong></strong> </p>
<p><strong><span style="text-decoration: underline;">Confirmation that Potash will be included in Definitive Feasibility Study – October 2011</span></strong></p>
<p>The Company announced that potash tests have yielded positive results, thereby confirming that potash will be included in the Company’s definitive Feasibility Study.  Lithium Americas has harvested approximately 1.5 tonnes of potash rich salts from its on-site evaporation ponds, which have now completed a full evaporation cycle at its Cauchari-Olaroz project.  A total of 300 kilograms of the harvested salts have been sent to Saskatchewan Research Council’s laboratories in Saskatoon, where mineralogical analysis and floatation testing was completed and confirmed that potassium chloride at 95 percent purity is achievable and that potash output during commercial production is expected to be in the ratio of 2 tonnes of potash per tonne of lithium carbonate.</p>
<p><strong></strong> </p>
<p><strong><span style="text-decoration: underline;">Completion of Bench Scale Tests – September 2011</span></strong></p>
<p>The Company’s bench scale tests were completed by SGS. The brine processing route and the reagents are currently being patented. The information from these tests was used to design the Company’s lithium carbonate pilot plant.</p>
<p><strong><span style="text-decoration: underline;">Completion of Evaporation Cycle – September 2011</span></strong></p>
<p>The Company has completed a full cycle of evaporation from its industrial scale ponds. The 180 day cycle, which was in line with estimates provided in the PEA, produced approximately 15 tonnes of concentrated lithium brine.  This concentrated lithium brine was processed in the pilot plant to produce 99.5 percent purity lithium carbonate.  Lithium Americas continues producing concentrated lithium brine through this evaporation process in order to feed the Company’s pilot plant once it has been reassembled on site. </p>
<p><strong><span style="text-decoration: underline;">Completion of Laboratory Expansion – September 2011</span></strong></p>
<p>The Company has completed the expansion of its on-site laboratory which is now able to analyze 50 full samples per day for the following elements: Lithium, Sodium, Potassium, Calcium, Magnesium, Boron, Sulphates, Chlorides as well as physical parameters including pH and conductivity.  The lab is fully equipped with atomic absorption facilities and has recently completed round robin comparisons with five different certified international labs.  The lab has been designed and audited by Alex Stewart Assayers for Quality Assurance and Quality Control. </p>
<p><strong><span style="text-decoration: underline;">Completion of Thermodynamic Model – September 2011</span></strong></p>
<p>The completion of this model allows the Company to predict the brine processing route &#8211; from brine extraction at the wells to the evaporation ponds, through the evaporation cycle and finally to the lithium carbonate processing plant.  The model reconstructs the changes to the brine throughout the process route at different chemical and physical parameters (including weather, interaction with reagents, time, etc.), assisting the Company in optimizing its design efforts. The model was designed exclusively for the Cauchari-Olaroz brine and constitutes proprietary technology.</p>
<p>Operational and corporate highlights achieved subsequent to Lithium Americas’ November 30, 2011 quarter end include:</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Secured $10 Million Stand-By Credit Facility from Key Shareholders – January 2012</span></strong></p>
<p>The Company announced that it has secured a $10 million stand-by credit facility (“Credit Facility”) from a syndicate of lenders comprised of Geologic Resource Partners LLC, Pinetree Capital Ltd, and PowerOne Capital Markets Limited (the “Lenders”).  The Lenders collectively own approximately 38% of the Company’s outstanding shares.  Under the Credit Facility, Lithium Americas has the ability to draw down amounts in increments of $2 million, with repayment of any draw down to be made by January 6, 2015.  Any amounts drawn down will bear interest at 9% per annum, payable semi annually in arrears.  In consideration for the Lenders’ commitment under the Credit Facility, Lithium Americas has agreed to issue the Lenders, in aggregate, 2 million common share purchase warrants of the Company (the “Warrants”).  Each Warrant is exercisable into one common share of the Company until January 6, 2015 at a price of $1.68 (the “Exercise Price”).  The Exercise Price is equal to 125% of the volume weighted average price of the Company’s common shares over the 20 trading days immediately preceding the date of the Credit Facility.</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">Appointment of Executive Chairman – January 2012</span></strong></p>
<p>The Company appointed W. Thomas Hodgson as Executive Chairman of the Board of Directors.  Mr. Hodgson has been a director of the Company since January 2010, and was appointed Chairman of the Board following the Company’s annual meeting in June 2011.  Mr. Hodgson is Senior Partner and Chairman of Greenbrook Capital Partners Inc., a financial advisory firm.  Mr. Hodgson was formerly a consultant and advisor to the Chairman of Magna International, one of the world’s largest automotive suppliers, and has over twenty years of experience in capital markets research, corporate advisory matters, and consulting.</p>
<p><strong></strong> </p>
<p><strong><span style="text-decoration: underline;">Long Term Land Use Agreements – January 2012</span></strong></p>
<p>The Company announced that it has secured long term land use agreements (the “Agreements”) with five aboriginal communities located on the Cauchari-Olaroz properties.  Under the terms of the Agreements, Lithium Americas will pay pre-determined fees upon signing of the Agreements, approval of the EIS, as well as annual fees over the 30-year term of the Agreements.  Other important aspects of the Agreements are to provide employment priority to individuals living in the local communities, to provide training programs to the local communities, to establish joint environmental monitoring programs, and to implement a program to develop local service providers.  Lithium Americas expects to finalize the land use agreement with the sixth and final aboriginal community in the near future.</p>
<p><strong></strong> </p>
<p><strong><span style="text-decoration: underline;">About the Company</span></strong></p>
<p>Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.   The Company has defined the world’s third largest lithium brine resource, and a completed Preliminary Economic Assessment identified that Lithium Americas’ operating cost per tonne of lithium carbonate is expected to be one of the lowest in the industry.  The Company is currently working on completing a definitive Feasibility Study, expected to be delivered in the second quarter of 2012.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.</p>
<p>For more information please contact:</p>
<p>&nbsp;</p>
<p>Mike Cosic, VP Corporate Development</p>
<p><span style="text-decoration: underline;">mcosic@lithiumamericas.com</span></p>
<p>416-360-1921</p>
<p>or visit <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a></p>
<p><em> </em></p>
<p><em>Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.</em></p>
<p><em>The Preliminary Economic Assessment is based on mineral resources.  Mineral resources that are not mineral reserves do not have demonstrated economic viability.</em><em></em></p>
<p><em>This press release contains forward-looking statements, which can be identified by the use of statements that include words such as &#8220;could&#8221;, &#8220;potential&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;likely&#8221;, &#8220;will&#8221; or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company’s annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.</em></p>
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		<title>Lithium Americas Secures $10 Million Stand-By Credit Facility from Key Shareholders</title>
		<link>http://www.lithiumamericas.com/2012/01/lithium-americas-secures-10-million-stand-by-credit-facility-from-key-shareholders/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-secures-10-million-stand-by-credit-facility-from-key-shareholders</link>
		<comments>http://www.lithiumamericas.com/2012/01/lithium-americas-secures-10-million-stand-by-credit-facility-from-key-shareholders/#comments</comments>
		<pubDate>Tue, 10 Jan 2012 14:29:23 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

		<guid isPermaLink="false">http://www.lithiumamericas.com/?p=1098</guid>
		<description><![CDATA[TORONTO, Canada, January 10, 2012 - Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), announces that it has secured a $10 million stand-by credit facility (the “Credit Facility”) from a syndicate of lenders comprised of Geologic Resource Partners LLC, Pinetree Capital Ltd, and PowerOne Capital Markets Limited (the “Lenders”). ]]></description>
			<content:encoded><![CDATA[<p align="center"><strong> </strong></p>
<p align="center"><strong>Lithium Americas Secures $10 Million Stand-By Credit Facility from Key Shareholders</strong></p>
<p align="center"><strong> </strong></p>
<table width="612" border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td valign="top" width="612">
<ul>
<li><strong>Current cash balance expected to fully fund the completion of the Company’s definitive Feasibility Study</strong><strong></strong></li>
<li><strong>Credit Facility provides flexibility to evaluate all financial and strategic alternatives</strong><strong></strong></li>
</ul>
</td>
</tr>
</tbody>
</table>
<p align="center"><strong> </strong></p>
<p style="text-align: justify;">TORONTO, Canada, January 10, 2012 &#8211; Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), announces that it has secured a $10 million stand-by credit facility (the “Credit Facility”) from a syndicate of lenders comprised of Geologic Resource Partners LLC, Pinetree Capital Ltd, and PowerOne Capital Markets Limited (the “Lenders”).  Each of the Lenders is currently a significant shareholder of Lithium Americas, with the Lenders collectively owning approximately 38% of the Company’s outstanding shares.</p>
<p style="text-align: justify;"> </p>
<p style="text-align: justify;">Under the Credit Facility, Lithium Americas has the ability to draw down amounts in increments of $2 million, with repayment of any draw down to be made by January 6, 2015.  Any amounts drawn down will bear interest at 9% per annum, payable semi annually in arrears.  As at August 31, 2011 (the Company’s second fiscal quarter), the Company had $15.5 million in cash and no debt.  Lithium Americas expects that its current cash balance is sufficient to fund the Company’s operations through the delivery of its definitive Feasibility Study (“DFS”) anticipated to be delivered in the first half of 2012.</p>
<p>&nbsp;</p>
<p style="text-align: justify;"> “The Credit Facility is a tremendous vote of confidence from three of our largest shareholders, as we move forward with the development of our lithium operations. It insulates us from market uncertainty and provides a ready source of non-dilutive funding, if required, post the delivery of our DFS,” said W. Thomas Hodgson, Executive Chairman of Lithium Americas.  “We very much appreciate the on-going strong support of our major shareholders as we continue to achieve our short term milestones. The Credit Facility affords us the financial security and flexibility to negotiate transactions that fully maximize shareholder value.”</p>
<p style="text-align: justify;"> </p>
<p style="text-align: justify;">In consideration for the Lenders’ commitment under the Credit Facility, Lithium Americas has agreed to issue the Lenders, in aggregate, 2 million common share purchase warrants of the Company (the “Warrants”).  Each Warrant is exercisable into one common share of the Company until January 6, 2015 at a price of $1.68 (the “Exercise Price”).  The Exercise Price is equal to 125% of the volume weighted average price of the Company’s common shares over the 20 trading days immediately preceding the date of the Credit Facility.</p>
<p style="text-align: justify;"> </p>
<p>The closing of the Credit Facility is subject to TSX approval and will occur immediately thereafter, as is customary for a transaction of this nature.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">About the Company</span></strong></p>
<p style="text-align: justify;">Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.   The Company has defined the world’s third largest lithium brine resource, and a completed Preliminary Economic Assessment indentified that Lithium Americas’ operating cost per tonne of lithium carbonate is expected to be one of the lowest in the industry.  The Company is currently working on completing a definitive Feasibility Study, expected to be delivered in Q2 2012.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.</p>
<p>For more information please contact:</p>
<p>Mike Cosic, VP Corporate Development</p>
<p>&nbsp;</p>
<p><span style="text-decoration: underline;"><a href="mailto:mcosic@lithiumamericas.com">mcosic@lithiumamericas.com</a></span></p>
<p>416-360-1921</p>
<p>or visit <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a></p>
<p><em> </em></p>
<p style="text-align: justify;"><em>The Preliminary Economic Assessment is based on mineral resources.  Mineral resources that are not mineral reserves do not have demonstrated economic viability.</em><em></em></p>
<p style="text-align: justify;"><em>This press release contains forward-looking statements, which can be identified by the use of statements that include words such as &#8220;could&#8221;, &#8220;potential&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;likely&#8221;, &#8220;will&#8221; or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company’s annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.</em></p>
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		<title>Lithium Americas Announces Appointment of Executive Chairman</title>
		<link>http://www.lithiumamericas.com/2012/01/lithium-americas-announces-appointment-of-executive-chairman/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-announces-appointment-of-executive-chairman</link>
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		<pubDate>Thu, 05 Jan 2012 13:05:44 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

		<guid isPermaLink="false">http://www.lithiumamericas.com/?p=1086</guid>
		<description><![CDATA[TORONTO, Canada, January 5, 2012 - Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), announces that W. Thomas Hodgson has been appointed Executive Chairman of the Board of Directors effective today.]]></description>
			<content:encoded><![CDATA[<p>TORONTO, Canada, January 5, 2012 &#8211; Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), announces that W. Thomas Hodgson has been appointed Executive Chairman of the Board of Directors effective today.</p>
<p>Mr. Hodgson has been a director of the Company since 2010, and was appointed Chairman of the Board following the Company’s annual meeting in June 2011.  Mr. Hodgson has more than 30 years senior management, mergers and acquisitions, and capital markets experience in North America and the U.K., and has served on the Boards of several public companies listed in Canada, the US, and the U.K..  Mr. Hodgson currently serves on the Boards of two other public companies: Helix Biopharma Corp, and Liberty Silver Corp.</p>
<p>Dr. Waldo A. Perez, President and CEO commented: “We are delighted to welcome Tom onto the senior executive team of Lithium Americas.  His background and experience are an excellent complement to the strong operational management group we have had in place for some time.  His experience in raising capital, and negotiating joint venture and other M&amp;A transactions will be tremendously valuable to the Company in our current stage of development.”</p>
<p>Mr. Hodgson commented: “I am excited to be even more involved with such a great management team, as well as the Company’s external investment banking advisors, as we work to develop and finance one of the world’s premier lithium projects.”</p>
<p>&nbsp;</p>
<p><strong><span style="text-decoration: underline;">About the Company</span></strong></p>
<p>Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.    The Company has defined the world’s third largest lithium brine resource.  A  Preliminary Economic Assessment prepared by the independent engineering firm ARA WorleyParsons indicates that Lithium Americas’ operating cost per tonne of lithium carbonate is US$1,434 (prior to expected potash and boron by-product credits),  based on available industry information; this would make Lithium Americas the world’s lowest cost lithium producer.  The Company is currently working on completing a definitive Feasibility Study.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.</p>
<p>For more information please contact:</p>
<p>Mike Cosic, VP Corporate Development</p>
<p><span style="text-decoration: underline;"><a href="mailto:mcosic@lithiumamericas.com">mcosic@lithiumamericas.com</a></span></p>
<p>416-360-1921</p>
<p>or visit <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a></p>
<p><em>Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.</em></p>
<p><em>The Preliminary Economic Assessment is based on mineral resources.  Mineral resources that are not mineral reserves do not have demonstrated economic viability.</em><em></em></p>
<p><em>This press release contains forward-looking statements, which can be identified by the use of statements that include words such as &#8220;could&#8221;, &#8220;potential&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;likely&#8221;, &#8220;will&#8221; or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company’s annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.</em></p>
<p>&nbsp;</p>
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		<title>Lithium Americas Secures Long Term Land Use Agreements for its Cauchari-Olaroz Lithium/Potash Brine Project</title>
		<link>http://www.lithiumamericas.com/2012/01/lithium-americas-secures-long-term-land-use-agreements-for-its-cauchari-olaroz-lithiumpotash-brine-project/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-secures-long-term-land-use-agreements-for-its-cauchari-olaroz-lithiumpotash-brine-project</link>
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		<pubDate>Tue, 03 Jan 2012 13:05:40 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

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		<description><![CDATA[TORONTO, Canada, January 3, 2012 - Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), is pleased to announce that it has secured long term land use agreements (the “Agreements”) with five aboriginal communities located on the Cauchari-Olaroz properties.]]></description>
			<content:encoded><![CDATA[<table width="612" border="1" cellspacing="0" cellpadding="0">
<tbody>
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<td valign="top" width="612">
<ul>
<li><strong>Land use agreements ensure the right to build and operate a lithium /potash brine production facility on the </strong><strong>Cauchari-Olaroz property</strong><strong></strong></li>
<li><strong>Environmental and Social Baseline Study completed and submitted</strong></li>
<li><strong>Environmental Impact Statement completed and submitted</strong></li>
</ul>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p style="text-align: justify;">TORONTO, Canada, January 3, 2012 &#8211; Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), is pleased to announce that it has secured long term land use agreements (the “Agreements”) with five aboriginal communities located on the Cauchari-Olaroz properties.  The Company is also providing an update on the progress it has made in obtaining the final approval for its Environmental Impact Statement (“EIS”).</p>
<p style="text-align: justify;"> “The Agreements that we have signed are an acknowledgement of the mutual respect between Lithium Americas and the aboriginal people,” said Dr. Waldo A. Perez, President and CEO of Lithium Americas.  “These Agreements, providing Lithium Americas the right to build and put into production its lithium/potash operation, were the continuation of years of engagement with the aboriginal communities that started with a Social Responsibility Plan, developed in accordance with the Ecuador Principles and e3 plus guidelines, and aimed at promoting social development while minimizing the impact on the environment.  We are extremely pleased to have secured land rights for the next 30 years while gaining the full engagement and participation of the region’s traditional owners.”</p>
<p style="text-align: justify;">Under the terms of the Agreements, Lithium Americas will pay pre-determined fees upon signing of the Agreements, approval of the EIS, as well as annual fees over the 30 year term of the Agreements.  Other important aspects of the Agreements are to provide employment priority to individuals living in the local communities, to provide training programs to the local communities, to establish joint environmental monitoring programs, and to implement a program to develop local service providers.  Lithium Americas expects to finalize the land use agreement with the sixth and final aboriginal community in the near future.</p>
<p style="text-align: justify;"><strong><span style="text-decoration: underline;">Completion of Environmental and Social Baseline Study</span></strong></p>
<p style="text-align: justify;">Since 2009, Lithium Americas has been working with Ausenco Vector Inc., a world leading engineering and environmental consulting firm specializing in mining and minerals processing, on an Environmental and Social Baseline Study (the “Baseline”).  The Baseline is now complete and has been presented to the Mining Judge of the Province of Jujuy, the Director of Mines and Energy Resources, the Director of Environmental Policies for Natural Resources and the<strong> </strong>Provincial Committee of Experts.  While presentation of the Baseline is not compulsory under Argentinean regulations, Lithium Americas has shared the Baseline with various government authorities and the aboriginal communities, because Lithium Americas believes that a transparent relationship with the provincial mining authorities and the local communities will make the EIS approvals process both easier and quicker.  The Company has already signed an agreement with<strong> </strong>the Director of Mines and Energy Resources and the Director of<strong> </strong>Environmental Policies for Natural Resources to use the Baseline in order to generate a long term management plan for the development and monitoring of the Cauchari-Olaroz lithium/potash project.</p>
<p style="text-align: justify;"><strong><span style="text-decoration: underline;">Submission of Environmental Impact Statement</span></strong></p>
<p style="text-align: justify;">Lithium Americas has completed and submitted its EIS for approval to the Director of Mines and Energy<strong> </strong>Resources for the Province of Jujuy.  The Company expects to complete its definitive Feasibility Study in the second quarter of 2012, and looks forward to working with the Committee of Experts, the Minister of Production, and the Secretary General of the Provincial Government over the coming months in order to obtain final government approval of the EIS in a timely manner.</p>
<p style="text-align: justify;"><strong><span style="text-decoration: underline;">About the Company</span></strong></p>
<p style="text-align: justify;">Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.    The Company has defined the world’s third largest lithium brine resource.  A  Preliminary Economic Assessment prepared by the independent engineering firm ARA WorleyParsons indicates that Lithium Americas’ operating cost per tonne of lithium carbonate is US$1,434 (prior to expected potash and boron by-product credits),  based on available industry information; this would make Lithium Americas the world’s lowest cost lithium producer.  The Company is currently working on completing a definitive Feasibility Study.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.</p>
<p style="text-align: justify;">For more information please contact:</p>
<p style="text-align: justify;">Mike Cosic, VP Corporate Development</p>
<p style="text-align: justify;"><span style="text-decoration: underline;"><a href="mailto:mcosic@lithiumamericas.com">mcosic@lithiumamericas.com</a></span></p>
<p style="text-align: justify;">416-360-1921</p>
<p style="text-align: justify;">or visit <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a></p>
<p style="text-align: justify;"><em></em> </p>
<p style="text-align: justify;"><em>Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.</em></p>
<p style="text-align: justify;"><em>The Preliminary Economic Assessment is based on mineral resources.  Mineral resources that are not mineral reserves do not have demonstrated economic viability.</em><em></em></p>
<p style="text-align: justify;"><em>This press release contains forward-looking statements, which can be identified by the use of statements that include words such as &#8220;could&#8221;, &#8220;potential&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;likely&#8221;, &#8220;will&#8221; or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company’s annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.</em></p>
<p style="text-align: justify;"> </p>
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		<title>Lithium Americas home image 2</title>
		<link>http://www.lithiumamericas.com/2011/11/lithium-americas-home-image-2/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-home-image-2</link>
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		<pubDate>Thu, 17 Nov 2011 15:40:41 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
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		<title>Lithium Americas Completes Construction of Pilot Plant and Commences Pilot Production of Battery Grade Lithium Carbonate</title>
		<link>http://www.lithiumamericas.com/2011/11/lithium-americas-completes-construction-of-pilot-plant-and-commences-pilot-production-of-battery-grade-lithium-carbonate/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-completes-construction-of-pilot-plant-and-commences-pilot-production-of-battery-grade-lithium-carbonate</link>
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		<pubDate>Tue, 08 Nov 2011 13:34:52 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

		<guid isPermaLink="false">http://www.lithiumamericas.com/?p=1031</guid>
		<description><![CDATA[TORONTO, Canada, November 8, 2011 - Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), is pleased to announce that its lithium carbonate pilot plant, designed and constructed by SGS Minerals Services (“SGS”) in Lakefield, Ontario for its Cauchari-Olaroz project, has been completed and pilot production is now underway. ]]></description>
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<td width="612" valign="top">
<ul>
<li><strong>Pilot plant constructed by SGS Minerals Services in Lakefield, Ontario</strong></li>
<li><strong>Pilot plant designed to produce 30 kg of battery grade lithium carbonate per day</strong><strong></strong></li>
<li><strong>Lithium carbonate to be shipped to strategic partners and potential customers for certification</strong><strong></strong></li>
<li><strong>Update on boron and potash by-product potential </strong><strong></strong></li>
</ul>
</td>
</tr>
</tbody>
</table>
<p>TORONTO, Canada, November 8, 2011 &#8211; Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), is pleased to announce that its lithium carbonate pilot plant, designed and constructed by SGS Minerals Services (“SGS”) in Lakefield, Ontario for its Cauchari-Olaroz project, has been completed and pilot production is now underway. The pilot plant is designed to produce approximately 30 kilograms of battery grade lithium carbonate (99.5% purity) per day.  Lithium carbonate will be shipped to strategic partners and potential customers to begin the specification and certification process.  Once the testing period of pilot production is completed at SGS, the plant will be shipped to Lithium Americas’ Cauchari-Olaroz project site, where it will be put into operation and fed with concentrated lithium brine from the Company’s industrial scale evaporation ponds.  It is expected that pilot production will continue throughout 2012.</p>
<p>“We are amongst the few lithium brine development companies to have constructed a pilot plant capable of producing battery grade lithium carbonate,” said Dr. Waldo A. Perez, President and CEO of Lithium Americas. “While other companies have been able to produce lithium carbonate at lab scale, production at pilot plant scale is more complex and requires having significant evaporation ponds on-site in order to produce the necessary volume of lithium concentrate to feed the pilot plant, as well as having the technology to perform the lithium extraction process and obtain a product with the parameters required by the battery and automotive industries.  The completion of the pilot plant is a major achievement and further demonstrates our leadership position within the industry.”</p>
<p><strong><span style="text-decoration: underline;">Boron and Potash Update</span></strong></p>
<p>Boron was extracted from the brine using a proprietary solvent extraction technology (patent pending).  The commercial viability of boron by-products will be defined during the completion of the Company’s definitive feasibility study.</p>
<p>The potash flotation studies carried out at the Saskatchewan Research Council have successfully produced 95 percent purity potassium chloride (“KCl”).  As such, the process parameters and flow diagram for potash production required for the definitive feasibility study are close to being finalized.</p>
<p>To view photos of the lithium carbonate pilot plant, as well as photos of the solvent extraction facilities and potash concentrate, please visit the Company’s website at   <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a>.</p>
<p><strong><span style="text-decoration: underline;">About the Company</span></strong></p>
<p>Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.    The Company has defined the world’s third largest lithium brine resource.  A  Preliminary Economic Assessment prepared by the independent engineering firm ARA WorleyParsons indicates that Lithium Americas’ operating cost per tonne of lithium carbonate is US$1,434 (prior to expected potash and boron by-product credits),  based on available industry information; this would make Lithium Americas the world’s lowest cost lithium producer.  The Company is currently working on completing a definitive Feasibility Study.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.</p>
<p>For more information please contact:</p>
<p>Mike Cosic, VP Corporate Development</p>
<p><span style="text-decoration: underline;"><a href="mailto:mcosic@lithiumamericas.com">mcosic@lithiumamericas.com</a></span></p>
<p>416-360-1921</p>
<p>or visit <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a></p>
<p><em>Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.</em></p>
<p><em>The Preliminary Economic Assessment is based on mineral resources.  Mineral resources that are not mineral reserves do not have demonstrated economic viability.</em><em></em></p>
<p><em>This press release contains forward-looking statements, which can be identified by the use of statements that include words such as &#8220;could&#8221;, &#8220;potential&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;likely&#8221;, &#8220;will&#8221; or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company’s annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.</em></p>
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		<title>Lithium Americas to Include Potash Production at its Cauchari-Olaroz Lithium Brine Project</title>
		<link>http://www.lithiumamericas.com/2011/10/lithium-americas-to-include-potash-production-at-its-cauchari-olaroz-lithium-brine-project/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-to-include-potash-production-at-its-cauchari-olaroz-lithium-brine-project</link>
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		<pubDate>Mon, 24 Oct 2011 11:06:46 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

		<guid isPermaLink="false">http://www.lithiumamericas.com/?p=1010</guid>
		<description><![CDATA[TORONTO, Canada, October 24, 2011 - Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), is pleased to announce that its potash tests have yielded positive results, thereby confirming that potash will be included in the upcoming definitive Feasibility Study ("DFS").]]></description>
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<td width="612" valign="top"><strong>Highlights:</strong></p>
<ul>
<li><strong>Potash output estimated to be 2 tonnes of potash per tonne of lithium carbonate</strong></li>
<li><strong>1.5 tonnes of potash rich salts have been harvested from the Company&#8217;s on-site evaporation ponds</strong></li>
<li><strong>Potash salts have been sent to the Saskatchewan Research Council for metallurgical testing</strong></li>
<li><strong>Potash benefits to be included in definitive Feasibility Study &#8211; expected to improve already robust project valuation</strong><strong> </strong><strong></strong></li>
</ul>
</td>
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<p>TORONTO, Canada, October 24, 2011 &#8211; Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), is pleased to announce that its potash tests have yielded positive results, thereby confirming that potash will be included in the upcoming definitive Feasibility Study (&#8220;DFS&#8221;).  The Company has harvested approximately 1.5 tonnes of potash rich salts from its on-site evaporation ponds, which have now completed a full evaporation cycle at its Cauchari-Olaroz lithium brine project.</p>
<p>&#8220;The commercial potential of the Cauchari-Olaroz resource continues to increase as we further define its productive capabilities,&#8221; stated Dr. Waldo A. Perez, President and CEO of Lithium Americas. &#8220;The inclusion of potash diversifies our production base and is expected to add significant value to the project.  We hope to define the commercial viability of other by-products of the brine production process, such as boron, during the completion of the DFS process.&#8221;</p>
<p>A total of 300 kilograms of the harvested salts have been sent to Saskatchewan Research Council’s laboratories in Saskatoon, where mineralogical analysis and floatation testing will be performed. The objective is to produce potassium chloride at 95 percent purity, which can then be sold as a fertilizer. Test results are expected in the fourth quarter of 2011.</p>
<p>The Preliminary Economic Assessment filed by the Company in May 2011, completed by the independent engineering firm ARA WorleyParsons, identified annual lithium carbonate production of 40,000 tonnes – built in two equal phases of 20,000 tonnes per annum. As such, Lithium Americas is anticipating approximately 80,000 tonnes per year of potash production once both phases are complete.  The particulars will be included in the definitive Feasibility Study, being prepared by ARA WorleyParsons, and expected to be completed in the second quarter of 2012.</p>
<p><strong><span style="text-decoration: underline;">About the Company </span></strong></p>
<p>Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.   The Company has defined the world’s third largest lithium brine resource.  A Preliminary Economic Assessment prepared by independent engineering firm ARA WorleyParsons indicates that Lithium Americas’ operating cost per tonne of lithium carbonate is US$1,434 (prior to expected potash by-product credit), based on available industry information; this would make Lithium Americas the world’s lowest cost lithium producer.  The Company is currently working on completing a definitive Feasibility Study.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas. For more information please contact:</p>
<p>Mike Cosic, VP Corporate Development</p>
<p><span style="text-decoration: underline;">mcosic@lithiumamericas.com</span></p>
<p>416-360-1921</p>
<p>or visit <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a></p>
<p><em> </em></p>
<p><em>Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.</em></p>
<p><em>The Preliminary Economic Assessment is based on mineral resources.  Mineral resources that are not mineral reserves do not have demonstrated economic viability.</em></p>
<p><em>This press release contains forward-looking statements, which can be identified by the use of statements that include words such as &#8220;could&#8221;, &#8220;potential&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;likely&#8221;, &#8220;will&#8221; or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company’s annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.</em></p>
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		<title>Lithium Americas Announces Financial and Operating Results For The Three Months Ended August 31, 2011</title>
		<link>http://www.lithiumamericas.com/2011/10/lithium-americas-announces-financial-and-operating-results-for-the-three-months-ended-august-31-2011/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-announces-financial-and-operating-results-for-the-three-months-ended-august-31-2011</link>
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		<pubDate>Tue, 18 Oct 2011 11:33:40 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

		<guid isPermaLink="false">http://www.lithiumamericas.com/?p=1003</guid>
		<description><![CDATA[TORONTO, Canada, October 18, 2011 - Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”) today reported that it has filed its interim financial reports, including the unaudited condensed consolidated interim financial statements and management discussion and analysis, as at, and for the three and six months ended, August 31, 2011.]]></description>
			<content:encoded><![CDATA[<p><strong>Highlights:</strong><strong>   </strong><strong>                         </strong></p>
<ul>
<li><strong>Project Moves Closer to Commercial Production Through the Completion of Significant Engineering Milestones and Successful Production Well Pump Tests</strong></li>
<li><strong>Strong Cash Position and Working Capital of Approximately $16 million                   </strong></li>
</ul>
<p>TORONTO, Canada, October 18, 2011 &#8211; Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”) today reported that it has filed its interim financial reports, including the unaudited condensed consolidated interim financial statements and management discussion and analysis, as at, and for the three and six months ended, August 31, 2011. These documents are available in the SEDAR database at <a href="http://www.sedar.com/">www.sedar.com</a> and on the Company’s website <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a>. All amounts are expressed in Canadian dollars, unless otherwise indicated.</p>
<p>During the three months ended August 31, 2011 the Company incurred $3.8 million in property rights and exploration costs to further evaluate activities necessary to advance the project to the definitive feasibility study stage.  As at August 31, 2011, a total of $34.6 million has been invested in property rights and exploration on the Company’s Cauchari-Olaroz Lithium Project in Argentina.  As at August 31, 2011, the Company had $15.5 million in cash and cash equivalents and positive working capital of $15.6 million.</p>
<p>&#8220;Each quarter we continue to make significant progress in moving our project closer to commercial production,&#8221; said Dr. Waldo Perez, President and CEO of Lithium Americas.  &#8220;We look forward to having our definitive Feasibility Study completed within the first half of 2012, and beginning construction of one of the world’s largest and lowest cost lithium projects shortly thereafter.&#8221; </p>
<p>Operational highlights during the three months ended August 31, 2011 include:</p>
<p><strong><span style="text-decoration: underline;">Completion of Bench Scale Tests</span></strong></p>
<p>The Company’s bench scale tests were completed by SGS Minerals Services (“SGS”) in Lakefield, Ontario.  The information from these tests was used to design the Company’s lithium carbonate pilot plant.  The pilot plant is currently being constructed by SGS and is expected to become operational in Q4 2011.  The pilot plant is expected to produce 99.5 percent purity lithium carbonate.  Production from the pilot plant is estimated to be approximately 30 kilograms of lithium carbonate per day, and will be used to provide industrial samples of lithium carbonate to potential customers for qualification purposes.</p>
<p><strong><span style="text-decoration: underline;">Completion of Evaporation Cycle</span></strong></p>
<p>The Company has completed a full cycle of evaporation from its industrial scale ponds. The 180 day cycle, which was in line with estimates provided in the PEA, produced approximately 15 tonnes of concentrated lithium brine.  This concentrated lithium brine was shipped to SGS in order to test the pilot plant currently being constructed in Canada.  Lithium Americas will continue producing concentrated lithium brine through this evaporation process in order to build inventory, which will be used in the Company’s pilot plant once it is completed and put in production. </p>
<p><strong><span style="text-decoration: underline;">Completion of Laboratory Expansion</span></strong></p>
<p>The Company has completed the expansion of its on-site laboratory which is now able to analyze 50 full samples a day for the following elements: Lithium, Sodium, Potassium, Calcium, Magnesium, Boron, Sulphates, Chlorides as well as physical parameters including pH and conductivity.  The lab is fully equipped with atomic absorption facilities and has recently completed round robin comparisons with five different certified international labs.  The lab has been designed and audited by Alex Stewart Assayers for Quality Assurance and Quality Control. </p>
<p><strong><span style="text-decoration: underline;">Completion of Thermodynamic Model</span></strong></p>
<p>The completion of this model allows the Company to predict the brine processing route &#8211; from brine extraction at the wells to the evaporation ponds, through the evaporation cycle and finally to the lithium carbonate processing plant.  The model reconstructs the changes to the brine throughout the process route at different chemical and physical parameters (including weather, interaction with reagents, time, etc.), assisting the Company in optimizing its design efforts.  The model was designed exclusively for the Cauchari-Olaroz brine and constitutes proprietary technology.</p>
<p><strong><span style="text-decoration: underline;">Announcement of Successful Production Well Pump Test Results</span></strong></p>
<p>A total of five production wells were tested.  Four of the wells were used to evaluate the yield potential of the brine aquifer, and one was used to evaluate the yield of the freshwater aquifer. </p>
<p>Positive pump test results yielding up to 25 litres per second in the brine aquifer indicate that fewer production wells could be required than estimated in the PEA.  Positive pump test results yielding 40 litres per second in the freshwater aquifer confirm the presence of a viable freshwater resource.  Pump test results and confirmation of freshwater are expected to decrease CAPEX and OPEX requirements versus those estimated in the PEA.</p>
<p><strong><span style="text-decoration: underline;">About the Company</span></strong></p>
<p>Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.   The Company has defined the world’s third largest lithium brine resource.  A Preliminary Economic Assessment prepared by independent engineering firm ARA WorleyParsons indicates that Lithium Americas’ operating cost per tonne of lithium carbonate is US$1,434 (prior to expected potash by-product credit), based on available industry information; this would make Lithium Americas the world’s lowest cost lithium producer.  The Company is currently working on completing a definitive Feasibility Study.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.</p>
<p>For more information please contact:</p>
<p>Mike Cosic, VP Corporate Development</p>
<p><span style="text-decoration: underline;">mcosic@lithiumamericas.com</span></p>
<p>416-360-1921</p>
<p>or visit <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a></p>
<p><em>Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.</em></p>
<p><em>The Preliminary Economic Assessment is based on mineral resources.  Mineral resources that are not mineral reserves do not have demonstrated economic viability.</em></p>
<p><em>This press release contains forward-looking statements, which can be identified by the use of statements that include words such as &#8220;could&#8221;, &#8220;potential&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;likely&#8221;, &#8220;will&#8221; or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company’s annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.</em></p>
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		<title>Lithium Americas Announces the Completion of Significant Engineering Milestones at its Cauchari-Olaroz Lithium Brine Project</title>
		<link>http://www.lithiumamericas.com/2011/09/lithium-americas-announces-the-completion-of-significant-engineering-milestones-at-its-cauchari-olaroz-lithium-brine-project/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-announces-the-completion-of-significant-engineering-milestones-at-its-cauchari-olaroz-lithium-brine-project</link>
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		<pubDate>Mon, 12 Sep 2011 11:10:08 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

		<guid isPermaLink="false">http://www.lithiumamericas.com/?p=992</guid>
		<description><![CDATA[TORONTO, Canada, September 12, 2011 - Lithium Americas Corp. (TSX:LAC) (OTCQX:LHMAF) (“Lithium Americas” or the “Company”) is providing an update on the significant engineering progress made since the completion of its Preliminary Economic Assessment (“PEA”) in April 2011. ]]></description>
			<content:encoded><![CDATA[<p><strong>Highlights:</strong></p>
<ul>
<li><strong>Completion of bench scale tests</strong></li>
<li><strong>Completion of evaporation cycle from its industrial scale pond, producing 15 tonnes of concentrated lithium brine</strong></li>
<li><strong>Completion of laboratory expansion with atomic absorption facility</strong></li>
<li><strong>Comletion of thermodynamic model of the brine processing route</strong></li>
</ul>
<p>TORONTO, Canada, September 12, 2011 &#8211; Lithium Americas Corp. (TSX:LAC) (OTCQX:LHMAF) (“Lithium Americas” or the “Company”) is providing an update on the significant engineering progress made since the completion of its Preliminary Economic Assessment (“PEA”) in April 2011. </p>
<p>“The PEA identified numerous initiatives for us to pursue in order to be in a position to complete a definitive Feasibility Study (“DFS”) prior to a production decision.  We have successfully completed several key engineering milestones that will allow us to finalize our brine processing route and to complete our DFS,” said Dr. Waldo A. Perez, President and CEO of Lithium Americas. “We have a staff of six full time engineers developing this exciting process and the results of developing our internal know-how are coming to fruition.”</p>
<p><strong><span style="text-decoration: underline;">Completion of Bench Scale Tests</span></strong></p>
<p>The Company’s bench scale tests were completed by SGS Minerals Services (“SGS”) in Lakefield, Ontario.  The brine processing route and the reagents are currently being patented. The information from these tests was used to design the Company’s lithium carbonate pilot plant.  The pilot plant is currently being constructed by SGS and is expected to become operational in Q4 2011.  The pilot plant is expected to produce 99.5 percent purity lithium carbonate.  Production from the pilot plant is estimated to be approximately 30 kilograms of lithium carbonate per day, and will be used to provide industrial samples of lithium carbonate to potential customers for qualification purposes.</p>
<p><strong><span style="text-decoration: underline;">Completion of Evaporation Cycle</span></strong></p>
<p>The Company has completed a full cycle of evaporation from its industrial scale ponds. The 180 day cycle, which was in line with estimates provided in the PEA, produced approximately 15 tonnes of concentrated lithium brine.  This concentrated lithium brine is to be processed in the pilot plant in Q4 to produce 99.5 percent purity lithium carbonate.  Lithium Americas will continue producing concentrated lithium brine through this evaporation process in order to continue feeding the Company’s pilot plant. </p>
<p><strong><span style="text-decoration: underline;">Completion of Laboratory Expansion</span></strong></p>
<p>The Company has completed the expansion of its on-site laboratory which is now able to analyze 50 full samples a day for the following elements: Lithium, Sodium, Potassium, Calcium, Magnesium, Boron, Sulphates, Chlorides as well as physical parameters including pH and conductivity. The lab is fully equipped with atomic absorption facilities and has recently completed round robin comparisons with five different certified international labs.  The lab has been designed and audited by Alex Stewart Assayers for Quality Assurance and Quality Control. </p>
<p><strong><span style="text-decoration: underline;">Completion of Thermodynamic Model</span></strong></p>
<p>The completion of this model allows the Company to predict the brine processing route &#8211; from brine extraction at the wells to the evaporation ponds, through the evaporation cycle and finally to the lithium carbonate processing plant.  The model reconstructs the changes to the brine throughout the process route at different chemical and physical parameters (including weather, interaction with reagents, time, etc.), assisting the Company in optimizing its design efforts. The model was designed exclusively for the Cauchari-Olaroz brine and constitutes proprietary technology.</p>
<p><strong><span style="text-decoration: underline;">About the Company</span></strong></p>
<p>Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.   The Company has defined the world’s third largest lithium brine resource.  A Preliminary Economic Assessment prepared by independent engineering firm ARA WorleyParsons indicates that Lithium Americas’ operating cost per tonne of lithium carbonate is US$1,434 (prior to expected potash by-product credit), based on available industry information; this would make Lithium Americas the world’s lowest cost lithium producer.  The Company is currently working on completing a definitive Feasibility Study.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.</p>
<p>For more information please contact:</p>
<p>Mike Cosic, VP Corporate Development</p>
<p><span style="text-decoration: underline;">mcosic@lithiumamericas.com</span></p>
<p>416-360-1921</p>
<p>or visit <a href="http://www.lithiumamericas.com/">www.lithiumamericas.com</a></p>
<p><em>Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.</em></p>
<p><em>The Preliminary Economic Assessment is based on mineral resources.  Mineral resources that are not mineral reserves do not have demonstrated economic viability.</em></p>
<p><em>This press release contains forward-looking statements, which can be identified by the use of statements that include words such as &#8220;could&#8221;, &#8220;potential&#8221;, &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;intend&#8221;, &#8220;plan&#8221;, &#8220;likely&#8221;, &#8220;will&#8221; or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company’s annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.</em></p>
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		<title>Lithium Americas Announces Successful Production Well Pump Test Results from its Cauchari-Olaroz Lithium Brine Project</title>
		<link>http://www.lithiumamericas.com/2011/09/lithium-americas-announces-successful-production-well-pump-test-results-from-its-cauchari-olaroz-lithium-brine-project/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lithium-americas-announces-successful-production-well-pump-test-results-from-its-cauchari-olaroz-lithium-brine-project</link>
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		<pubDate>Wed, 07 Sep 2011 11:08:39 +0000</pubDate>
		<dc:creator>LAC</dc:creator>
				<category><![CDATA[News Releases]]></category>

		<guid isPermaLink="false">http://www.lithiumamericas.com/?p=973</guid>
		<description><![CDATA[TORONTO, Canada, September 7, 2011 - Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), is pleased to announce the pump test results from its production well drilling program.]]></description>
			<content:encoded><![CDATA[<p><strong>Highlights:</strong></p>
<ul>
<li><strong>Positive pump test results yielding up to 25 litres per second in the brine aquifer indicate that fewer production wells could be required than estimated in the PEA</strong></li>
<li><strong>Positive pump test results yielding 40 litres per second in the freshwater aquifer confirm the presence of a viable freshwater resource </strong></li>
<li><strong>Pump test results and confirmation of freshwater are expected to decrease CAPEX and OPEX requirements versus those estimated in the PEA </strong></li>
</ul>
<p>TORONTO, Canada, September 7, 2011 &#8211; Lithium Americas Corp. (TSX: LAC) (OTCQX: LHMAF) (“Lithium Americas” or the “Company”), is pleased to announce the pump test results from its production well drilling program.  These results are an important step in moving the project towards commercial production as they indicate that brine can be extracted from the salt lake at significant rates without affecting the chemistry (or quality) of the brine.  The pump test results will also enable the Company to upgrade its NI 43-101 measured and indicated resource into a proven and probable extractable reserve.</p>
<p>“Pump testing in production size wells is a fundamental milestone in the development of any lithium brine project,” said Dr. Waldo A. Perez, President and CEO of Lithium Americas. “Beyond its size, the economics for developing and producing from the Cauchari-Olaroz resource continue to improve. The confirmation of freshwater and the higher flow rates from the production well tests are expected to further reduce both our capital costs and operating costs, which are already projected in our recently filed Preliminary Economic Assessment as being one of the lowest in the industry.   We continue to work on completing our Definitive Feasibility Study and look forward to starting mine construction of our world class lithium project in 2012.”</p>
<p>A total of five production wells were tested. Four of the wells were used to evaluate the yield potential of the brine aquifer, and one was used to evaluate the yield of the freshwater aquifer.  Access to freshwater is key in keeping operating costs low, as freshwater is required for the planned on-site lithium carbonate processing plant.</p>
<p><strong><span style="text-decoration: underline;"><br />
</span></strong></p>
<p><strong><span style="text-decoration: underline;">Brine Aquifer Wells</span></strong></p>
<p>The four production wells used to evaluate the yield of the brine aquifer yielded the following results:</p>
<table border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td style="text-align: center;" width="120" valign="top"><strong>Depth  (m) /</strong><strong>   </strong><strong>Diameter (inches)</strong></td>
<td style="text-align: center;" width="55" valign="top"><strong>Screen </strong><strong>Length</strong><strong>(m)</strong></td>
<td style="text-align: center;" width="69" valign="top"><strong>Primary Lithology</strong></td>
<td style="text-align: center;" width="75" valign="top"><strong>Test Flow </strong><strong>Rate</strong><strong>(L/s)</strong></td>
<td style="text-align: center;" width="85" valign="top"><strong># Samples</strong></td>
<td style="text-align: center;" width="76" valign="top"><strong>Li (mg/L)</strong></td>
<td style="text-align: center;" width="124" valign="top"><strong>Total Brine </strong><strong>Pumped </strong><strong>(L)</strong></td>
</tr>
<tr>
<td style="text-align: center;" width="120" valign="top">204/10</td>
<td style="text-align: center;" width="55" valign="top">81.1</td>
<td style="text-align: center;" width="69" valign="top">Sand</td>
<td style="text-align: center;" width="75" valign="top">25</td>
<td style="text-align: center;" width="85" valign="top">32</td>
<td style="text-align: center;" width="76" valign="top">615±45</td>
<td style="text-align: center;" width="124" valign="top">19,000,000</td>
</tr>
<tr>
<td style="text-align: center;" width="120" valign="top">305/10</td>
<td style="text-align: center;" width="55" valign="top">85.5</td>
<td style="text-align: center;" width="69" valign="top">Sand</td>
<td style="text-align: center;" width="75" valign="top">20</td>
<td style="text-align: center;" width="85" valign="top">48</td>
<td style="text-align: center;" width="76" valign="top">713±113</td>
<td style="text-align: center;" width="124" valign="top">5,500,000</td>
</tr>
<tr>
<td style="text-align: center;" width="120" valign="top">198/8</td>
<td style="text-align: center;" width="55" valign="top">83</td>
<td style="text-align: center;" width="69" valign="top">Sand</td>
<td style="text-align: center;" width="75" valign="top">21</td>
<td style="text-align: center;" width="85" valign="top">28</td>
<td style="text-align: center;" width="76" valign="top">762±112</td>
<td style="text-align: center;" width="124" valign="top">20,100,000</td>
</tr>
<tr>
<td style="text-align: center;" width="120" valign="top">208/12</td>
<td style="text-align: center;" width="55" valign="top">90</td>
<td style="text-align: center;" width="69" valign="top">Halite</td>
<td style="text-align: center;" width="75" valign="top">4</td>
<td style="text-align: center;" width="85" valign="top">10</td>
<td style="text-align: center;" width="76" valign="top">556±32</td>
<td style="text-align: center;" width="124" valign="top">6,048,000</td>
</tr>
</tbody>
</table>
<p> </p>
<p>The flow rates identified in three of the four wells are more than double the estimates used in the Preliminary Economic Assessment (PEA), independently produced by ARA Worley Parsons and filed on May 4<sup>th</sup>, 2011.  According to the PEA, a total brine production rate of approximately 400 litres per second is required to produce 20,000 tonnes per year of lithium carbonate.  The PEA assumed that 40 production wells were required to achieve this production.  The pump test results indicate that the actual number of required production wells could be approximately half of the original estimate, thereby decreasing both the capital cost and operating cost requirements.  The pump test results will be used to calibrate a numerical groundwater model (in progress) that will support the definitive estimate before the end of the year.</p>
<p>Chemical sampling of the brine was conducted daily for the duration of the pump tests and results are also provided in the table above.</p>
<p>The average lithium grade of the measured resource, as previously reported in the PEA, is 656 milligrams per litre. Chemical sampling results confirm that after extracting significant amounts of brine, the composition remains stable and is comparable to the resource average. This result indicates continuity of grade across the extensive hydraulic capture zones of the pumping wells, and provides a high degree of confidence in the resource estimate.</p>
<p><strong><span style="text-decoration: underline;">Freshwater Aquifer Well</span></strong></p>
<p>The test well used to evaluate the freshwater aquifer was drilled to a depth of 51 metres.  Preliminary pumping results are as follows:</p>
<div>
<table border="1" cellspacing="0" cellpadding="0" width="341">
<tbody>
<tr>
<td style="text-align: center;" width="63"><strong>Depth (m)</strong></td>
<td style="text-align: center;" width="95"><strong>Diameter (inches)</strong></td>
<td style="text-align: center;" width="67"><strong>Screen Length (m)</strong></td>
<td style="text-align: center;" width="70"><strong>Primary Lithology</strong></td>
<td style="text-align: center;" width="45"><strong>Flow (L/s)</strong></td>
</tr>
<tr>
<td style="text-align: center;" width="63">51</td>
<td style="text-align: center;" width="95">12</td>
<td style="text-align: center;" width="67">24</td>
<td style="text-align: center;" width="70">Sand</td>
<td style="text-align: center;" width="45"><strong>40*</strong></td>
</tr>
</tbody>
</table>
</div>
<p><em>                        *Test Still in Progress</em></p>
<p>According to the PEA, the lithium carbonate processing plant needs approximately 60 to 80 litres per second of freshwater.  The PEA estimated that 6 wells would be required to satisfy this amount of freshwater.  The updated pump test results from the freshwater well suggest that adequate supply may be obtained from fewer than 6 wells, to supply all the freshwater required to operate the on-site lithium carbonate processing plant.</p>
<p>This freshwater, while not of potable quality, is suitable for the industrial water requirements of the lithium refining process.  This access to freshwater represents a significant cost advantage for the project as it confirms that the lithium processing plant can be built on-site.   Lack of local freshwater is a common problem for some current lithium carbonate producers.  Consequently, there is often a need to transport concentrated brine to an off-site facility in order to complete final processing of the lithium carbonate, adding significantly to the overall operating costs.</p>
<p>The pumping tests described herein provide key technical support for a numerical brine model, currently in development.  In turn, the model will support the conceptual design of a production well field, and a final reserve estimate.</p>
<p><strong><span style="text-decoration: underline;">About the Company</span></strong></p>
<p>Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.    The Company has defined the 3<sup>rd</sup> largest lithium brine resource in the world.  A completed Preliminary Economic Assessment identifies that Lithium Americas’ operating cost per tonne of lithium carbonate is $1,434 – based on available industry information; this would make Lithium Americas the lowest cost lithium producer in the world.  The Company is currently working on completing a Definitive Feasibility Study.  Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.</p>
<p>Mineral resources that are not mineral reserves do not have demonstrated economic viability.</p>
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