Vancouver, BC (FSCwire) - Voltaic Minerals Corp. (TSXV: VLT, FSE: 2P61) (the “Company” or “Voltaic”) is pleased to announce that Lithium Selective Technologies, Inc. (”LiST”) has begun testing brine solutions at their facility in Northern California. The Company has engaged LiST on an interim basis in order to obtain sufficient technical data to be able to negotiate a definitive production and use agreement.
Lithium Selective Technologies, Inc. technical team has over 85 years of combined Lithium processing experience and is extremely optimistic about the potential that the process can unlock non-conventional brines across the globe making them economically feasible. LiST is currently using an artificial brine that is similar in nature to the Green Energy historic fluid analysis. LiST expects to issue a Phase I Process Development Report detailing results approximately 90 days from the commencement date.
Tom Currin, Voltaic Project Manager states, “we are extremely pleased with the progress so far and expect results to be published at the end of Phase I. If successful, this process could create value from known resources in the US and globally. The company is incorporating selective techniques used commercially in mineral extraction and water treatment in a novel fashion to achieve a result not yet seen in the Lithium process sector.”
Definitive Agreement Update.
Under the exclusivity agreement, both LiST and Voltaic are waiting for additional technical data to be able to finalize a definitive agreement to utilize the process worldwide on non-conventional brines.
About Voltaic Minerals Corp.
Voltaic Minerals Corp. is a Vancouver-based Lithium exploration company which owns 100% of the Green Energy Lithium Project that encompasses 4,160 acres of Bureau of Land Management (BLM) claims and is in Grand County, 15 km west of the city of Moab, Utah. Lithium and other minerals occur at the property in an over-saturated brine (40% minerals, 60% water) discovered during historic oil exploration when drill wells intercepted Clastic Bed #14 of the Paradox formation.
