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Volt Lithium Corp V.VLT

Alternate Symbol(s):  VLTLF

Volt Lithium Corp. is a Canada-based lithium development and technology company. The Company focuses on being a commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. The Company focuses on leveraging its direct lithium extraction (DLE) technology to extract lithium deposits from established wells, supporting the clean energy transition. The Company is developing its lithium project in the area of Rainbow Lake, in Northwest Alberta (the Rainbow Lake Lithium Project). The Rainbow Lake Property is in northwest Alberta and is defined by 20 contiguous Alberta Metallic and Industrial Mineral Permits (173,990 hectares) of which the Company has 100% mineral interest ownership.


TSXV:VLT - Post by User

Post by 1StockInformeron Jun 20, 2023 7:47pm
128 Views
Post# 35506295

VLT.v's Vision for Extracting Lithium from Oil Field Brines

VLT.v's Vision for Extracting Lithium from Oil Field Brines

Volt Lithium (Ticker: VLT.v or VLTLF for US investors) is positioning itself to seize the growing lithium demand fueled by electric vehicles (EVs) and other green technologies by focusing on accessing previously untapped lithium sources.


VLT holds ownership of the Rainbow Lake Property, which contains an estimated 99.0 billion barrels of brine. The brine exhibits lithium concentrations ranging up to 121 mg/L, with an average of 51 mg/L. This substantial mineral resource is equivalent to 215 times the projected peak production of 20,000 tonnes per year, underscoring the remarkable size and potential of this valuable lithium asset.


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The CEO of VLT, Alex Wylie, recently went on the OTCQB Podcast to discuss VLT and the global demand shift for the Lithium market. Listen here: https://www.otcmarkets.com/podcast/otcqb/episodes/efc413ef-0c43-4e52-9160-84654df6854e 


Wylie Wylie explains how VLT is striving to become the first company to extract lithium from oil field brines from existing wells. He also highlights how his experience in the oil and gas industry has prepared him to lead a company with this goal. 


Overall the interview demonstrates that through his leadership VLT is poised to make substantial strides in the evolving lithium industry. Make sure to check out the full interview above to learn more about VLT. Posted on behalf of Volt Lithium Corp.

 
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