VOLT LITHIUM ANNOUNCES PRELIMINARY ECONOMIC ASSESSMENT AT RAINBOW LAKE PROJECT IN ALBERTA, HIGHLIGHTED BY 45% IRR AND US$1.5 BILLION BEFORE-TAX NPV8
“We are very pleased with the results of the PEA” commented Alex Wylie, President & CEO of Volt.
- “We are very pleased with the results of the PEA” commented Alex Wylie, President & CEO of Volt.
- Volt is a lithium brine exploration and development company focused on advancing its Rainbow Lake Project in northern Alberta, Canada.
- The Rainbow Lake Project is based on a LHM plant with an assumed 19-year production life.
- Using this price assumption, the Rainbow Lake Project generates a positive NPV8 of $1.5 billion pre-tax and $1.1 billion after-tax.