Voltaic Minerals' Cutting Edge in the Lithium Space

ZURICH, SWITZERLAND / ACCESSWIRE / November 24, 2016 / Today, Voltaic Minerals Corp. (TSX.V: VLT) has appointed Thomas Currin to its Board of Directors. With decades of experience as a chemical engineer, he will add significant lithium project engineering and processing expertise as Voltaic's Project Manager for the Green Energy Lithium Project in Utah, USA.

On October 31, Voltaic signed an MOU with Enertrex Corp. to start process development and optimization for the Green Energy Project using Enertrex's "Selective Lithium Process", a system that selectively extracts lithium from brines. Mr. Currin is a partner of Enertrex Corp.

With over 35 years of chemical engineering experience in the lithium and specialty chemicals industry, he clearly has an extensive background in process development and project management implementation. He has worldwide experience in lithium extraction having managed projects in Chile, Peru, Mexico, Canada and the US. He spent 15 years with FMC Corp.'s (NYSE: FMC; market cap.: $7.4 billion USD) lithium division, where his last position was Division Production Coordinator. After retiring from FMC, he started his own engineering services firm, Limtech Technology, providing engineering services to the Specialty Chemical Industry (lithium, potash and antimony) as well as to the Biofuels Industry. Limtech has been a technology provider for Du Pont Chemicals, DOE Oak Ridge, Foote Mineral Lithium Division, Li3, TVEL and SQM Lithium Division. Tom holds a Bachelor of Science, Chemical Engineering from North Carolina State University.;

The signed MOU with Enertrex Corp. will enable the project to move straight to process development and optimization of its supersaturated brine, rich in lithium and other minerals. Voltaic and Enertrex are now fast-tracking the project and expect that after 3 phases, each lasting about 90 days, a demonstration plant could be installed for production of lithium carbonate at competitive costs

Dr. Jonathan Hykawy, President of Stormcrow Capital Ltd., provided the following statement today:

"Almost every major lithium exploration initiative in the world today depends on the same, old types of resources, from the same regions, using the same old types of extraction technologies. For example, there are a horde of companies looking at extracting brine from dry salt lakes in the Andean altiplano in South America, or from the playa in Nevada. And there are a horde of companies examining the mining of low-grade spodumene ore in Australia, and elsewhere, so that it can be leached with acids to produce lithium.

What Voltaic is doing, which combines potentially high-grade oilfield brines with new processing technology that bypasses evaporation, is very interesting. Not only does this potentially use unconventional sources of lithium, it might allow the industry to diversify the regions from which lithium is produced. And these oilfield brines are abundantly available. Yes, it's early days, but this is a really high-value path for exploration and research."

The full report can be accessed with the following links:

English (PDF):

http://rockstone-research.com/images/PDF/Voltaic7en.pdf

English (web version):

http://rockstone-research.com/index.php/en/research-reports/2117-Cutting-Edge:-Tom-Currin-from-Enertrex-becomes-Project-Manager-at-Voltaic-Minerals

German (PDF):

http://rockstone-research.com/images/PDF/Voltaic7de.pdf

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Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.

SOURCE: Rockstone Research

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