Volt Carbon Technologies said it has acquired by staking a 100% owned Abamasagi Lake lithium project, northwest of Nakina, Ontario, Canada. The mining claims were registered directly by the junior resource company.
A total of 150 mining claim cells were registered by electronic staking through the Ontario Mining Lands Administration System portal, covering a total area of 3,100 hectares. The staked property lies within the English River subprovince.
With the acquisition, Volt Carbon has added mineral claims with potential critical rare earth minerals that could be used to build lithium ion batteries at its Solid Ultrabattery plant in Guelph, Ontario.
The new mining claims are also within 200 kilometers northwest of its Manitouwadge graphite project. The close proximity of the two properties will enable the company to better manage and combine its exploration resources.
Volt Carbon said it plans to further explore the property in 2023.
Source: Volt Carbon Technologies