With four differentiating pillars, Volt’s innovative approach to development positions us for commercialization.
Lithium Production Agreement
Quality Lithium Reservoir
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.
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:
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.
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.