Provides Update on LiST Process
VANCOUVER, BC / ACCESSWIRE / September 21, 2017 / Voltaic Minerals Corp. (TSX-V: VLT; OTC PINK: VTCCF; FRA: 2P61) (the ''Company'' or ''Voltaic'') announces that it has engaged Whittier Filtration, (''Whittier'') a division of Veolia Water Technologies, to begin due diligence work on additional brine sources. Voltaic has engaged Whittier to begin working on process engineering solutions for projects in North America that have lithium in waste water from commercial sites. Recently, Voltaic has been sourcing multiple samples from industrial locations where the company could put process solutions in place.
President of Voltaic Darryl Jones states ''Veolia is a world class water technology company with vast resources and we are extremely excited to have them on board, as this is a natural step in the progression of the company''. Veolia will begin working on bench scale testing of different brines to provide process engineering solutions for Voltaic. The goal of the program is to provide Voltaic with additional solutions in the lithium brine production space for use at multiple locations, worldwide. Veolia has the resources to develop the solutions for Voltaic, as well as to implement, operate and manage world class water treatment facilities.
About Veolia Water Technologies, Inc.
Around the globe, Veolia helps cities and industries to manage, optimize and make the most of their resources. The company provides an array of solutions related to water, energy and materials - with a focus on waste recovery - to promote the transition to a circular economy. With a long legacy of class-leading industrial treatment technologies, the Whittier Filtration and Separations product range is offered by Veolia Water Technologies for target implementation in specific applications. Veolia has vast resources in the water treatment business and is a leading expert in operating managing and constructing facilities for treatment of water.
Update on Lithium Selective Technologies
Voltaic has been working closely with LiST to provide process solutions for the historical Green Energy Brine Project. The company has advanced LiST working capital to achieve a solution. LiST is currently working to develop a solution to a complex brine composition that is the Green Energy Project, with a goal of developing a low-cost solution for non-conventional brines in Utah and elsewhere. LiST and Voltaic continue to work towards a definitive agreement that can be used on the Green Energy Project as more results are received.
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.
ON BEHALF OF THE BOARD
VOLTAIC MINERALS CORP.
''Darryl Jones''
Darryl Jones
President & CEO
Tel: 604.681.1568
[email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this release include that Veolia can and will provide to us additional solutions in the lithium brine production space for use at multiple locations; that LiST can develop a solution to a complex brine composition that is the Green Energy Project, with a goal of uncovering a low cost solution for non-conventional brines; and that we could agree to definitive agreements. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that the Company and Lithium Selective Technologies may not agree on the final agreement terms, aspects or all of the process development with Veolia or LiST or both may not be successful, the process may not be cost effective, the Company may not raise sufficient funds to carry out our plans, changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations based on current data that may change with more detailed information or testing; potential process methods and mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that with further test work may not be comparable; the availability of labour, equipment and markets for the products produced; and despite the current expected viability of the project, that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.
SOURCE: Voltaic Minerals Corp.