Today's Webinar: Volt Lithium
Posted: Wed May 24, 2023 7:56 am
Read this before the webinar:
VOLT LITHIUM CORP. ANNOUNCES RESOURCE REPORT INDICATING 4.3
MILLION TONNES OF LITHIUM RESOURCE AT ITS RAINBOW LAKE
PROPERTY WITH CONCENTRATIONS UP TO 121 mg/L < This high concentration of Lithium in the brine is key to their project in Alberta
Calgary, Alberta, Canada, May 18, 2023 – Volt Lithium Corp. (TSX-V: VLT, OTCQB: VLTLF, FSE: I2D)
(“Volt” or the “Company”) is pleased to announce the completion of an initial resource report, prepared
in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-
101”) (the “Technical Report”), indicating an inferred mineral resource of 4.3 million tonnes of lithium
carbonate equivalent (“LCE”) at the Company’s Rainbow Lake Property.
Key Highlights:
• 4.3 million tonnes of LCE in the Inferred Mineral Resource category from the Devonian
aged Sulphur Point, Muskeg and Keg River (the “Elk Point Group”) aquifers.
• Rainbow Lake Property has an estimated 99.0 billion barrels (15.7 billion cubic metres (m3)) of
brine, more than 20 billion barrels higher than the 78 billion barrels previously estimated, with
lithium concentrations as high as 121 mg/L and an estimated average associated lithium
concentration of 51 mg/L.
• The Inferred Mineral Resource equates to 215 times the estimated peak production of 20,000
tonnes per year, demonstrating the sheer size and scale of this lithium asset.
• Results from Volt’s current pilot project are anticipated before the end of Q2/23. < Pilot Project is underway TODAY
• Volt’s total land position at Rainbow Lake equals ~430,000 acres (~670 sections) and features
over 1,300 producing wells from which to source brine.
• Volt intends to focus development on those areas of its asset base featuring the highest lithium
concentrations, including the regions highlighted on the map below, where testing
demonstrated concentrations between 101 and 121 mg/L in the Muskeg Formation , levels that
are expected to drive strong economic returns and robust cash flows.
Read full press release here:
https://voltlithium.com/wp-content/uploads/2023/05/23-05-18-2023-Volt-Resource-Report_Final.pdf
VOLT LITHIUM CORP. ANNOUNCES RESOURCE REPORT INDICATING 4.3
MILLION TONNES OF LITHIUM RESOURCE AT ITS RAINBOW LAKE
PROPERTY WITH CONCENTRATIONS UP TO 121 mg/L < This high concentration of Lithium in the brine is key to their project in Alberta
Calgary, Alberta, Canada, May 18, 2023 – Volt Lithium Corp. (TSX-V: VLT, OTCQB: VLTLF, FSE: I2D)
(“Volt” or the “Company”) is pleased to announce the completion of an initial resource report, prepared
in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-
101”) (the “Technical Report”), indicating an inferred mineral resource of 4.3 million tonnes of lithium
carbonate equivalent (“LCE”) at the Company’s Rainbow Lake Property.
Key Highlights:
• 4.3 million tonnes of LCE in the Inferred Mineral Resource category from the Devonian
aged Sulphur Point, Muskeg and Keg River (the “Elk Point Group”) aquifers.
• Rainbow Lake Property has an estimated 99.0 billion barrels (15.7 billion cubic metres (m3)) of
brine, more than 20 billion barrels higher than the 78 billion barrels previously estimated, with
lithium concentrations as high as 121 mg/L and an estimated average associated lithium
concentration of 51 mg/L.
• The Inferred Mineral Resource equates to 215 times the estimated peak production of 20,000
tonnes per year, demonstrating the sheer size and scale of this lithium asset.
• Results from Volt’s current pilot project are anticipated before the end of Q2/23. < Pilot Project is underway TODAY
• Volt’s total land position at Rainbow Lake equals ~430,000 acres (~670 sections) and features
over 1,300 producing wells from which to source brine.
• Volt intends to focus development on those areas of its asset base featuring the highest lithium
concentrations, including the regions highlighted on the map below, where testing
demonstrated concentrations between 101 and 121 mg/L in the Muskeg Formation , levels that
are expected to drive strong economic returns and robust cash flows.
Read full press release here:
https://voltlithium.com/wp-content/uploads/2023/05/23-05-18-2023-Volt-Resource-Report_Final.pdf