Volt Lithium Corp V.VLT

Alternate Symbol(s): VLTLF

Metals & Mining Industrial Metals & Minerals

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.

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Volt Lithium Corp

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Post by Betteryear2on Dec 14, 2023 1:07pm

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Post# 35784877

VOLT LITHIUM ANNOUNCES PRELIMINARY ECONOMIC ASSESSMENT

Pre-tax US$1.5 Billion NPV8 and IRR of 45%

Rainbow Lake Area has a long history of resource extraction, well established infrastructure, and supportive government

Calgary, Alberta, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Volt Lithium Corp. (TSXV: VLT) ("Volt" or the "Company") is pleased to announce the summary results from the Company’s Preliminary Economic Assessment (“PEA”) for the Rainbow Lake Lithium Project (the “Rainbow Lake Project”), a lithium brine project in northwest Alberta, Canada, where the Company owns lithium rights across 430,000 acres of land. The PEA outlines the estimated production scaling from 1,000 to over 23,000 metric tonnes per year of battery-grade lithium hydroxide monohydrate ("lithium hydroxide" or "LHM") over a 19-year period. Volt’s completed NI 43-101 PEA Technical Report is expected to be filed on SEDAR+ within 45 days.

VOLT LITHIUM ANNOUNCES PRELIMINARY ECONOMIC ASSESSMENT AT (globenewswire.com)