ETN Etna Resources Com Npv

Etna Resources Inc. ("Etna") (TSX VENTURE: ETN) is pleased to announce that it intends to change the name of the company to more effectively reflect the nature of the business with which it is involved. Subject to TSX Venture Exchange (the "Exchange") approval, Etna will become Pan American Lithium Corp., under the symbol TSX-V: PL.

Chilean Brine Salars

Etna is the owner of interests in nine salars with the potential to produce lithium and other metals from surface lakes and subsurface brines, all located in the mineral-rich Atacama Region III of Chile. The rights in these nine lithium salars cover a cumulative area in excess of 11,500 hectares, all accessible via serviceable roads. Etna has submitted a NI43-101 compliant report on these projects and is currently reviewing its portfolio to determine a priority amongst these properties and a process to move forward on the technical assessment of these sites.

Mexican Geothermal Plant Brines

In addition, as announced on December 21, 2009, Etna has entered into a Share Option Agreement with Escondidas Internacional S.A. de C.V. ("Escondidas"), a privately held Mexican corporation, and the Shareholders of Escondidas. This Agreement provides Etna the option to acquire 76% of the shares of Escondidas by Etna, which will result in Etna receiving indirect interests in a joint venture whereby Escondidas and another party will jointly develop lithium and precious metals through concessions in the geothermal brines currently being produced at the Cierro Prieto geothermal power plant located in Baja California, Mexico, roughly 30 km south of the city of Mexicali. Etna has filed for, and has received conditional acceptance from the Exchange for this proposed transaction. This transaction remains subject to the final acceptance of the Exchange, which among other things require Etna to provide a financial plan and business plan in connection with the foregoing to the satisfaction of the Exchange.

On Behalf of the Board,

ETNA RESOURCES INC.

Andrew A. Brodkey, President and CEO

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company such as (i) Etna is the owner of interests in nine salars with the potential to produce lithium and other metals; and (ii) Etna intends to change the name of the company. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information, including the (i) inability to obtain final Exchange approval for the proposed name change for any reason; and (ii) general uncertainties with respect to mineral exploration and the nine brine salars in general. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Etna Resources Inc. Andrew A. Brodkey President and CEO 520-989-0022