The perfect lithium brine project for someone like Albemarle
​Today, Stephan Bogner from Rockstone Research published an update on Voltaic Minerals Corp. (TSX.V: VLT) as the company today outlined a work program for its Green Energy Project in Utah, USA.
There is something that sets this lithium brine project apart from most other brine “exploration†projects. Today’s announced short work program is designed to localize precise targets for immediate deep drilling of wells that can be used for potential future production.
Look at the recent share price increase of 92 Resources Corp. releasing favourable lithium grades. What do we learn from that? To better get in early, that is to say before such a success is accomplished. This may hold especially true for Voltaic having started a short but important program today.
More than 100 oil wells have been drilled in and around the Green Energy Property. That’s why most think Voltaic is dealing with “oil field brinesâ€, which are considered widely as uneconomic. Others are criticizing that high magnesium grades in brines are a project killer. Time will tell who will be proven right, and that time may come faster than many may think.
Voltaic is getting ready for deep drilling of production-style wells. It’s not so much about exploration but more about modelling and engineering.
Multi-element metallurgy? Not a problem these days but rather a highly lucrative opportunity, especially for someone like Albemarle with lithium prices trading as high as today.
Voltaic is refreshingly different. The market will (eventually) understand and honour this. Maybe even today as this report includes quite an enlightning interview.
Rockstone is a research house specialized in the analysis and valuation of capital markets and publicly listed companies. The focus is set on exploration, development and production of resource deposits as well as marcoeconomic analysis of commodity and currency markets. Our international team of five analysts bring our German and English speaking readership a wealth of experience from the commodity markets: Stephan Bogner (mining analyst), John P. Barry (professional geologist), Chris Berry (macroeconomist), Prof. Dr. Hans Bocker (award-winning book author), and Boris Gerjovic (fundamental analyst).
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