Volt Lithium Corp VLTLF

Growing, Pure-Play Lithium Development & Technology Company

[MarketMakerss]

Offering investors "exposure to a growing, pure-play lithium development and technology company, aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine," Volt Lithium (VLT.v VLTLF) recently announced the streamlining of its asset base by optimizing its asset portfolio to participate in the burgeoning lithium development market: https://www.streetwisereports.com/article/2023/08/22/volt-lithium-a-life-changing-find.html)

In the context of escalating demand for lithium and essential battery metals driven by electric vehicle manufacturing, Michael Ballanger of GGM Advisory cited VLT as a game-changing lithium find. This accolade stems from VLT's pioneering IES-300 DLE technology, designed for the extraction of lithium from oilfield brines.

VLT's DLE technology boasts an impressive lithium recovery rate, reaching 90% from concentrations as low as 34 mg/L and soaring to a remarkable 97% recoveries using 120 mg/L concentrations, all while maintaining commercial viability. In removing contaminants from oilfield brine to use in their DLE technology, VLT additionally offers a compelling opportunity to oil and gas operators, presenting a win-win situation by adding value to existing oilfield operations.

Further attesting to VLT as a stand-out opportunity, the Rainbow Lake Project showcases a substantial lithium resource of 4.3 million tonnes with concentrations reaching up to 121mg/L. The company is currently on track to release a PEA for Rainbow Lake this summer and aims to produce 1,000 tonnes of lithium hydroxide by the end of June 2025.

Fortified by a recent financing round of approximately $6.8M, VLT is equipped with the necessary capital required to execute its focus, including the implementation of its DLE production method by the second half of 2024 at its Rainbow Lake Property.

For more information, check out this Street Wise Reports article Magazine, highlighting VLT's significant potential as a "Life Changing Find": https://www.streetwisereports.com/article/2023/08/22/volt-lithium-a-life-changing-find.html

Posted on behalf of Volt Lithium Corp.