Volt Lithium – 4.3 million Tonnes Of Lithium Resources At Rainbow Lake and Pilot Project Confirms 90% Lithium Recovery
Alex Wylie, President and CEO of Volt Lithium (TSX.V:VLT – OTCQB:VLTLF) joins me to recap two recent news releases reporting an initial resource at the Company’s Rainbow Lake Project as well as Pilot Project results testing its proprietary direct lithium extraction (“DLE”) technology.
We quickly recap the resource which reported an inferred mineral resource of 4.3 million tonnes of lithium carbonate equivalent (“LCE”) with lithium concentrations as high as 121 mg/L and an estimated average associated lithium concentration of 51 mg/L.
We then move to the news out today announcing results from the Pilot Project to test the Company’s DLE technology. I have Alex outline the recoveries at lower lithium concentrations as well as the higher concentrations. We also discuss what the next steps are for the Company in terms of advancing the technology, the other avenues of growth now open for growth and the path to initial production using the technology.
If you have any follow up questions for Alex regarding any of the news releases we discusses please email me at Fleck@kereport.com.