TSXV:VLT - Post Discussion
Post by
MarketMakerss on Apr 14, 2023 6:06pm
Wondering why CPR has sustained a 100% BUY rating?
Continuing to gain traction and sustain a 100% BUY rating on BarChart.com for the past week, junior lithium explorer Allied Copper (CPR.v CPRFF), soon to be known as Volt Lithium, has been featured on Emerging Markets Report, highlighting the recently achieved technical breakthrough for its proprietary, next-generation IES-300 DLE technology.
Building upon CPR's previous success, this technology continues to achieve 93% lithium extraction from oilfield brines while reducing the amount of re-agent required to treat oilfield brine as it enters the extraction process, thus enhancing the project's economics while lowering operating costs.
CPR is testing their proprietary DLE process at its Pilot Plant in Regina, which was designed specifically for the program. For more information, I'd recommend checking out CPR's feature on Pinnacle Digest for a tour of the Plant: https://youtu.be/Fo-sJVT1hGs
As the results from this pilot project are anticipated by the end of Q2/23, CPR is worth considering given its significant potential to become a near-term producer in North America based on its technically-focused strategy targeting profitable commercial production of lithium from oilfield brine and continued success in achieving technical breakthroughs.
CPR is focused on accelerating the development of its Rainbow Lake assets in Alberta which is estimated to have a lithium reservoir of 78 billion barrels of lithium-infused brine with concentrations of up to 119 mg/l. Aiming to start commercial production in 2024, CPR will start producing 1000 tonnes/year initially before scaling up to 20,000 tonnes/year.
Posted on behalf of Allied Copper Corp
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