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Vulcan Energy Resources Ltd.

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Summary

Project:

Vulcan

Deposit:Vulcan
Location:Germany
Commodities:Lithium
Date:12/4/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Scoping Study
Report details:4-12-2019: Vulcan Energy Resources Ltd. announces a Resource Estimation report for its Vulcan deposit at the Vulcan project. Initial mineral resource estimate for project. Vulcan Energy Resources Ltd. (“Vulcan”, “VUL”, “the Company”) is pleased to announc
Resources:(Resource, Inf.): 13.2Mt contained LCE
CP/QP:[Resources]: Roy Eccles, Steven Nicholls (APEX Geoscience Ltd.)
ABSTRACT:Vulcan Energy Resources Ltd. (“Vulcan”, “VUL”, “the Company”) is pleased to announce the completion of the maiden Mineral Resource Estimate for its Ortenau licence within the Vulcan Lithium Project, in the Upper Rhine Valley of South-West Germany, which has been compiled using the guidelines provided by the 2012 JORC Code. The Inferred Mineral Resource Estimate for the brine has been calculated at 13.2 Mt of contained LCE, at a lithium brine grade of 181 mg/l Li, average porosity of 9.5% and lower cutoff of 100 mg/l Li. Europe’s other JORC-compliant lithium resources in Europe include European Metals’ Cinovec, at 7.17 Mt LCE, Rio Tinto’s Jadar, at 6.24 Mt LCE, Infinity Lithium’s San Jose at 1.68 Mt LCE and Savannah Resources’ Barroso at 0.71 Mt LCE, all hard-rock projects.

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