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Formation of Lithium Americas Corp

Latin American Minerals and Grupo Minero Los Boros Combine Lithium Properties Into Lithium Americas Corp.

TORONTO, ONTARIO -- 06/11/09 -- Latin American Minerals Inc. (TSX VENTURE: LAT) (the "Corporation") announces that is has combined its Argentinean lithium-potash properties (100,254 hectares (Figure 1)) with those of Grupo Minero Los Boros S.A. ("Los Boros"), in Lithium Americas Corp. ("Lithium Americas"). The contiguous lithium properties at the Corporation's Cauchari salt lake and Los Boros's Olaroz salt lake (collectively the "Lithium Properties") cover 30,000 hectares. See below for regional maps showing the land tenure of mineral properties in the district and in the Cauchari and Olaroz salt lakes.

The Lithium Properties represent the consolidation of lithium salar properties located in the lithium brine district of Puna, Argentina. This lithium brine region encompassing Chile, Argentina and Bolivia is estimated to hold over 90% of the world's lithium brine reserves (Keith Evans, Lithium Supply & Markets Conference, 2009). The Los Boros properties (11,987 hectares) cover part of the Cauchari salar and approximately one-third of the Olaroz salar where ASX-listed Orocobre Limited recently announced completion of a scoping study on its adjacent 7,600 hectare Olaroz salar property (Figure 2).

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