Innovative Development
With four differentiating pillars, Volt’s innovative approach to development positions us for commercialization.
Proprietary Extraction*
Stage 1 = Removes 99% of contaminants from lithium infused brine.
Stage 2 = DLE process extracts 93% of lithium from brine.
*Results in reduced capital costs.
Lithium Production Agreement
Agreement with oil producer, Cabot Energy.
Cabot produces lithium infused brine today – no exploration needed.
Management’s O&G background is key to project development.
Quality Lithium Reservoir
Reservoir with 99B barrels of lithium infused brine.
Highest lithium concentration tests in the basin = 121 mg/L.
Veritable ‘ocean’ of brine provides long-term production.
Regulatory Advantages
No greenfield project approvals needed, a critical competitive advantage.
Existing infrastructure and operations streamline Volt’s process.
Proprietary Technology
Volt’s proprietary Direct Lithium Extraction (“DLE”) technology is focused on allowing the highest lithium recoveries with lowest costs.
The extraction process has two unique steps, building seamlessly into existing oil and gas production infrastructure.
Step 1.
Brine
Treatment
Proven system that eliminates up to 99% of contaminants from oilfield brines.
Step 2.
Proprietary DLE Technology
Proprietary IES-300 technology recovers up to 93% of lithium from oilfield brines.
Seamless Integration
Rainbow Lake Pilot
Volt’s world class lithium land base is located in the Rainbow Lake area in Alberta, Canada.
The area features significant existing production infrastructure and wells, providing considerable opportunity for the application of Volt’s lithium extraction technology. Volt’s land position at Rainbow Lake equals ~430,000 acres and features >1,300 producing wells from which to source brine, creating a strong foundation to continue developing assets with the goal of increasing the resource estimate and further expanding high lithium concentrations.
The completion of Volt’s Initial Resource Report in May 2023 opens up potential to pursue the acquisition of other oilfield brines and set the stage to secure additional partnerships.
Initial Resource Report Highlights:
Inferred Mineral
Resource
4.3
Tonnes of lithium carbonate equivalent (LCE)
Lithium
Concentrates
121
Tested in Muskeg Aquifer
Inferred Mineral
Resource
215
Volt's est. sustained prod'n of 20,000 tpa
High Output
Capabilities
99
Barrels of Li Infused Brine
Volt intends to ‘highgrade’ the asset base, initially targeting regions with concentrations
between 101 and 121 mg/L to optimize returns & cash flow
Strategic Facilities & Infrastructure
Volt is uniquely able to access existing infrastructure due to agreements with Cabot Energy Inc., which reduces the CAPEX required to access water volumes for a commercial lithium operation.
- $100MM invested to date in facilities, wells and pipelines.
- 3 multi-well batteries with significant water-handling capacity from existing producing oil wells.
- Rail road access for transportation upon commercialization.
Tested at some of the highest lithium concentrations in the basin at up to 121 mg/L.
Technical Report
View Now – Dated May 2023 and prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”)
Qualified Person: Various scientific and technical information shown here has been prepared by Volt’s multi-disciplinary team of Meghan Klein, P.Eng and Doug Ashton, P. Eng of Sproule Associates Limited (“Sproule”), a global leader in subsurface fluid resource evaluations with over seventy years of experience. Dmitry Deryushkin. P. Geo., M.Eng and Jesse Williams-Kovacs, P.Eng. of Subsurface Dynamics Inc. had responsibility for the preparation and completion of the geological portions of reporting, including geomodelling. Each of the above persons meet the qualifications for a Qualified Person (QP) within the meaning of NI 43-101.
Copper Assets
Volt Lithium Corp. holds a non-core portfolio of copper assets, providing the Company with additional diversification across the battery metals landscape.
Volt’s copper assets feature a multi-year growth profile with a long runway of development opportunities in the Western United States.
- Acquiring and developing long-life, scalable copper assets situated in the Western US:
1 – Silver King, Nevada (2,560 ha)
2 – Stateline, Utah (874 ha) - Acquired Volt Lithium in November 2022 to create a high-growth, battery metals focussed company with near-term lithium production capabilities (~12 months).
1
Silver King, Nevada (2,560 ha)
2
Stateline Utah (874 ha)
Qualified Person: Technical information reviewed by Rory Kutluoglu, P. Geo., a “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
