13:13:41 EDT Sat 03 May 2025
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Volt Lithium Corp
Symbol VLT
Shares Issued 168,665,750
Close 2025-03-04 C$ 0.35
Market Cap C$ 59,033,013
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Volt Lithium's Gen 5 unit reaches 99% Li extraction

2025-03-05 14:26 ET - News Release

Mr. Alex Wylie reports

VOLT ANNOUNCES SUCCESSFUL LITHIUM EXTRACTION FROM GENERATION 5 FIELD UNIT IN THE PERMIAN BASIN, TEXAS, ACHIEVING 99% RECOVERIES

Volt Lithium Corp. has provided an update on the continued success of its Generation 5 field unit in the Permian basin in Texas, where the team has achieved up-to-99-per-cent lithium extraction while evaluating and refining key operating parameters.

"The first 90 system tests have been critical in understanding the full capabilities of our Generation 5 field unit," commented Alex Wylie, president and chief executive officer of Volt. "We're especially pleased that scaling up to a 10,000-barrel-per-day system continues to deliver 99-per-cent extraction results. These insights will guide our next steps toward automating the unit for greater throughput and cost optimization."

Permian basin field operations: Generation 5 update:

  • Largest DLE (direct lithium extraction) system deployed: Generation 5 marks Volt's most extensive and powerful DLE unit to date, transitioning quickly from modular assembly to a 10,000-plus-barrel-per-day operational capacity.
  • High-efficiency extraction: The company has conducted over 90 system tests to date, confirming up to 99-per-cent lithium recovery through internal NMR-based (nuclear magnetic resonance) testing, which aligns with prior third party validations of Volt's extraction technology.
  • Establishing baseline for automation: Current system tests focus on reagent usage, cycle time and processing parameters that will inform near-future automation. Once fully implemented, automation is expected to further enhance throughput, reduce costs and streamline continuous production.
  • Lithium stockpiling initiated: Volt has begun stockpiling lithium concentrate in anticipation of commercial demand, creating an inventory that positions the company for future customer engagement.

Volt will continue to refine operating metrics in the coming weeks, laying a solid foundation for automated, larger-scale operations.

About Volt Lithium Corp.

Volt is a lithium development and technology company aiming to be one of North America's first commercial producers of lithium from oil field brine. The company's strategy is to generate value for shareholders by leveraging management's hydrocarbon experience and existing infrastructure to extract lithium deposits from existing wells, thereby reducing capital costs, lowering risks and supporting the world's clean energy transition. With four differentiating pillars and a proprietary direct lithium extraction (DLE) technology and process, Volt's innovative approach to development is focused on allowing the highest lithium recoveries with lowest costs, positioning the company well for future commercialization. Volt is committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value.

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