TSXV:VLT - Post Discussion
Post by
Betteryear2 on Dec 14, 2023 1:07pm
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)
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