VOLT RESOURCES LIMITED — Call Transcript 2021

Nov 17, 2021

==> picture [298 x 82] intentionally omitted <==

ASX ANNOUNCEMENT

By e-lodgement 18 November 2021

Conference Call: Strategic European Lithium Acquisition

Graphite producer and battery anode material developer Volt Resources Limited ( ASX: VRC ) (“ Volt” or “ the Company” ) is hosting a conference call at 2.00pm AEDT/11.00am AWST to discuss the strategic acquisition of lithium licence applications in Serbia: Jadar North, Petlovaca and Ljig, as announced to market this morning.

Event: Volt Resources (ASX:VRC) Investor Conference Call

Date / Time: Today, Thursday, November 18[th] at 2:00pm AEDT/11.00am AWST for approx. 15 minutes Presenter: Trevor Matthews, Managing Director

Register in advance for this webinar: https://us02web.zoom.us/webinar/register/WN_Op_OO21xT5W7dA2aiELAuA

-ENDS-

Authorised for release by the board of Volt Resources Ltd

For further information please contact:

Trevor Matthews Managing Director Tel: +61 8 9486 7788

==> picture [31 x 32] intentionally omitted <==

Follow us on Twitter @ASXVolt

Alex Cowie Investor Relations Tel: +61 412 952610

About Volt Resources Limited

Volt Resources Limited (“Volt”) is a graphite producer/developer and gold exploration company listed on the Australian Stock Exchange under the ASX code VRC. Volt has a 70% controlling interest in the Zavalievsky Graphite business in Ukraine. Zavalievsky is in close proximity to key markets with significant developments in LIB facilities planned to service the European based car makers and renewable energy sector. Zavalievsky benefits from an existing customer base and

Volt Resources Ltd ACN 106 353 253 Level 25, 108 St George’s Terrace, Perth WA 6000 Telephone: +61 (0)8 9486 7788

graphite product supply chains based on excellent transport infrastructure covering road, rail, river and sea freight combined with reliable grid power, ample potable ground water supply and good communications. Zavalievsky has current plans to install a processing plant and equipment in order to commence production of spheronised purified graphite (SPG) for the European LIB market within the next 12 months[1] .

Volt is also progressing the development of its large wholly-owned Bunyu Graphite Project in Tanzania, as well as gold exploration in Guinea leveraging the Company’s existing extensive networks in Africa.

The Bunyu Graphite Project is ideally located near to critical infrastructure with sealed roads running through the project area and ready access to the deep-water port of Mtwara 140km from the Project. In 2018, Volt reported the completion of the Feasibility Study (“FS”) into the Stage 1 development of the Bunyu Graphite Project. The Stage 1 development is based on a mining and processing plant annual throughput rate of 400,000 tonnes of ore to produce on average 23,700tpa of graphite products[2] . A key objective of the Stage 1 development is to establish infrastructure and market position in support of the development of the significantly larger Stage 2 expansion project at Bunyu.

The Guinea Gold Projects comprise 6 permits in Guinea, West Africa having a total area of 348km. The Projects are located in the prolific Siguiri Basin which forms part of the richly mineralised West African Birimian Gold Belt.

1 See announcements dated 14th May and 26th July