Elk Point Group

VOLT LITHIUM CORP. ANNOUNCES RESOURCE REPORT INDICATING 4.3 MILLION TONNES OF LITHIUM RESOURCE AT ITS RAINBOW LAKE PROPERTY WITH CONCENTRATIONS UP TO 121 mg/L

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Thursday, May 18, 2023
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4.3 million tonnes of LCE in the Inferred Mineral Resource category from the Devonian aged Sulphur Point, Muskeg and Keg River (the “Elk Point Group”) aquifers.

Key Points: 
  • 4.3 million tonnes of LCE in the Inferred Mineral Resource category from the Devonian aged Sulphur Point, Muskeg and Keg River (the “Elk Point Group”) aquifers.
  • The Inferred Mineral Resource equates to 215 times the estimated peak production of 20,000 tonnes per year, demonstrating the sheer size and scale of this lithium asset.
  • Volt’s total land position at Rainbow Lake equals ~430,000 acres (~670 sections) and features over 1,300 producing wells from which to source brine.
  • A total of 41 samples of lithium measurements, including public and private data, were used to generate the estimated lithium concentration across the Rainbow Lake Property.

ALLIED COPPER REPORTS ADDITIONAL FINANCIAL AND TECHNICAL INFORMATION FOR VOLT LITHIUM CORP.

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Friday, November 25, 2022
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Vancouver, British Columbia, Canada, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce additional technical information and financial information regarding Volt Lithium Corp. (Volt).

Key Points: 
  • Vancouver, British Columbia, Canada, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce additional technical information and financial information regarding Volt Lithium Corp. (Volt).
  • The QP concluded that the Volt sampling program validated the historical lithium-brine analytical results: 38.3 mg/L lithium (historical; n=9 analyses) versus 35.0 mg/L lithium (Volt; n=10 analyses).
  • In connection with the TSXVs review of the Acquisition, the TSXV halted trading of Allied Copper shares on the TSXV, pending the collection and dissemination of additional financial and technical information relating to Volt.
  • Trading of Allied Copper shares on the TSXV is expected to resume on November 29, 2022, following dissemination of the additional information contained herein.