ProjectsBerkwood Graphite project

Green Battery Minerals and Volt Carbon Technologies
Enter Into Preliminary Mineral Processing Agreement

With reference to GEM’s prior News Release dated May 16, 2023, GEM provided Volt Carbon with a single 5 kilogram sample of crushed feedstock that was obtained from GEM’s 100% owned Berkwood Graphite project in Quebec, Canada. Volt Carbon processed the Sample using its proprietary dry separation process technology as a test. The test result yielded 146 grams of graphite flake per kilogram of crushed feedstock, reflecting a 14.6% yield of graphite flakes per kilogram of feedstock. The processed material was subsequently sent to a third-party lab (Base Metallurgist Laboratories Ltd. in Kamloops, British Columbia) for independent testing. Base Metallurgist Laboratories Ltd. independently verified that the Volt Carbon-processed Sample yielded a graphite content of 91.55%, with total carbon showing at 97%.

VCT’s Proprietary Dry Separation Process

Volt Carbon has developed a proprietary dry separation process that uses air as its separation medium. The major benefits of the process compared to traditional processing are that the process: (i) does not use water, which eliminates a significant amount of waste traditionally associated with the purification of graphite due to its solventless and reagentless nature; (ii) does not produce an effluent; and (iii) the process results in the retention of the original quality of the graphite flakes (large +50 mesh and jumbo +35 mesh sized flakes). Importantly, GEM and Volt Carbon believe that large and jumbo sized flakes attain premium pricing due to their high-end performance as anode material for lithium-ion batteries (“LIBs”).

When dealing with the extraction of graphite, the deposit’s quality and mineral composition play a crucial role and will significantly impact the economic aspects in the later stages. Our collaboration with GEM stems from their possession of a high-grade graphite deposit, consistently yielding between 21%-45% graphite upon initial extraction from the ground. Below is a visual representation from their zone 6, displaying remarkably elevated levels of graphite. We intend to conduct additional testing on this sample at our laboratory.