Volt Carbon Technologies Inc V.VCT

2023 !!!

[Sylt1204]

Ameca Ltd. Ore Body Offtake There are two parts to the Ameca project. The first is the Offtake Agreement pursuant to which the Company will act as a reseller of the graphite concentrate. The Offtake Agreement with Ameca requires the Company to purchase a minimum of 10,000 m/t year on the express condition that the graphite produced from the property is greater than 180 microns in size. As the mining development industry in Sri Lanka has been shutdown due to the COVID 19 pandemic, operation of Amecas mine in Sri Lanka has been delayed past the previously announced schedule of late 2021 or early 2022 which was stated in the October 2020 press release. Amecas mine is now expected to ramp up in 2023. The second part of the project is for the Company to provide Air Classifiers to Ameca to process the graphite ore in Sri Lanka. The Company has previously tested Ameca ore and has incurred a cost of $10,000 for doing so. The Company is waiting on the arrival of additional graphite ore from Ameca. Once the material arrives from Ameca, the Company will process the ore by purifying the graphite through its air classifier. This processing work will provide an understanding of the potential throughput of ore from Sri Lanka based on its specific chemical composition. After the process trials are completed, the Company will use the process data collected to provide a cost proposal to Ameca for the use of the Companys Air Classifier at Amecas mine. The Company projects that $50,000 will be needed to complete the final processing and analysis of the latest ore samples. 9.2 Lochaber Property The company intends to develop the Lochaber Property. In April 2021, $15,287 of exploration works was conducted to keep the property in good standing until April 2023. This project will require a future fund raise to finance the drilling program. Timing for the drilling program is scheduled for spring of 2023. 9.3 SUB Battery Plant The battery plant project is related to the recent acquisition of SUB. The battery prototype plant was fully constructed and operational in Q1 2022. This plant has all the capability required to fabricate pouch cells for research and development purposes. The final construction costs will be determined in the next quarter and will be compared against original budge

[dalesio_98]

Is Ameca operational? Air classifier, does VCT have one?

[dalesio_98]

Air classifier, does VCT have one? Any pictures of VCT air classifier available?