Muskeg

VOLT LITHIUM CORP. ANNOUNCES SUCCESSFUL PILOT PROJECT, CONFIRMING 90% LITHIUM RECOVERY, COMMERCIAL ECONOMICS AND UNPRECEDENTED BREAKTHROUGH

Retrieved on: 
星期三, 五月 24, 2023
Lithium, Techno-economic assessment, Ontario Basic Income Pilot Project, DLE, VLT, LHM, CAD, OTCQB, FSE, HERE, Economics, Stage One, Doctor of Philosophy, Person, User experience, National instrument, Engineering, National Instrument 43-101, TSX, Environment, Muskeg, Fine chemical, Chem, Volt

The Pilot Project proved the Company’s ability to achieve lithium recoveries of 90% based on concentrations of only 34 mg/L.

Key Points: 
  • The Pilot Project proved the Company’s ability to achieve lithium recoveries of 90% based on concentrations of only 34 mg/L.
  • Further, in an unprecedented result, the Pilot Project proved Volt’s DLE technology can maintain 90% lithium recoveries in concentrations as low as 34 mg/L, and still maintain commercial economics, an achievement that has yet to be reported by other lithium producers.
  • “Volt has achieved remarkable and ground-breaking results through the Pilot Project, and achieved an impressive 97% recovery rate with 120 mg/L concentrations under simulated operating conditions.
  • This technological discovery effectively opens up multiple oilfield reservoirs across North America that can now offer commercial lithium extraction using Volt’s proprietary DLE process.

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

Retrieved on: 
星期四, 五月 18, 2023
Lithium, Pressure, Muskeg Formation, Government House (Alberta), CIM, Technical report, Technical Report Archive & Image Library, Resource, VLT, Mineral Resources Limited, Ministry of Energy (Alberta), OTCQB, Porosity, FSE, Elk Point Group, 2020 United States federal government data breach, Person, Government, QP, Sproule, Permeability, National instrument, NI, SEDAR, Alberta Energy Regulator, Technical, National Instrument 43-101, TSX, Ageing, Muskeg, Visokoi Island, Alberta Geological Survey, OSC, Rare-earth element, Sewage treatment, LCE, Volt

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.