November 1, 2016

Report #6Lithium in Utah, USA

Voltaic Minerals partners up to demonstrate a lithium processing plant within 9 monthsYesterday, Voltaic Minerals Corp. has made a significant announcement to advance its Green Energy Lithium Project in Utah, USA.

The signed MOU with Enertrex Corp. will enable the project to move straight to process development and optimization of its supersaturated brine, rich in lithium and other minerals.

Enertrex has developed a system that selectively extracts lithium from brines.

Voltaic and Enertrex are now fast-tracking the project and expect that after 3 phases, each lasting about 90 days, a demonstration plant could be installed

for production of lithium carbonate at competitive costs.

As the area has been producing oil and gas in the past, a lot of information exists from drilling oil and gas production wells.

Voltaic has compiled and acquired a lot of data, such as well logs and drill reports. Past operators focused only on the oil-rich zones and not on the lithium-rich brine zones.

However, in order to drill into the oil zones, they had to first drill through the brine zone and as such information exists also from these brine zones, e.g. mineral concentrations, pressure, temperature, etc.

Company Details

Voltaic Minerals Corp. Suite 1450 - 789 West Pender StreetVancouver, BC, V6C 1H2 Kanada Telefon: +1 604 681 1568Email: djones@voltaicminerals.comWeb: www.voltaicminerals.comShares in the market: 37,769,135

Canada Symbol: VLT Current Price: $0.06 CAD (10/31/2016)Market Capitalization: $2 million CAD

Germany Symbol/ WKN: 2P61 / A2AG5QCurrent Price: €0.035 EUR (10/31/2016)Market Capitalization: €1 million EUR

Chart Canada (TSX.V)

Chart Germany (Frankfurt)

The Potash Brine Ponds from Intrepid Potash Inc. in front of the Cane Creek Anticline in Utah, a few kilometers from the Green Energy Project.

2

Phase 1

Enertrex will take the available historic data collected out of oil and gas production wells and re-produce the brines with the exact same compositions. These representative „synthetic mixtures“ will be used to determine the costs to selectively extract the lithium from these brines.

The stated objective is an operating cost comparable to other lithium carbonate brine projects.

Simultaneous to this work, Voltaic targets a brine bulk sampling program from existing wells on the property in order to test Enertrex’s Selective Lithium Process with actual, recent brine samples from Green Energy Lithium Project.

Phase 2

Upon the successful completion of Phase 1, the next phase will optimize the Selective Lithium Process for the Green Energy Project. At the same time, brines from other projects could be tested as well. The goal of Phase 2 is to identify ideal brine metallurgy for the process and to obtain a consistent source of supply for the development of Phase 3.

Phase 3

If Voltaic is satisfied with the results of Phase 2, the next phase will involve the construction of a pilot unit with a capacity of 20 gallon (76 liter) per minute to demonstrate and confirm operating costs of a commercial system. Demonstration of the unit using brine

from, but not limited to, the Green Energy Project will be carried out for further confirmation giving Voltaic the ability to source brines globally.

The Process

The Enertrex technology utilizes a reac-tion/transport mechanism in a process using modified commercial units with off-the-shelf sets of equipment in a modular fashion in order to selectively extract lithium from brines with substan-tial concentrations of other minerals. This process essentially replaces solar evaporation and much of the traditional chemical treatment to remove impurities such as magnesium, calcium and boron. A key cost driver for an economic lithium project is managing the prohibitive cost of impurity removal from a brine.

Report #6 | Voltaic Minerals Corp.

3

The Deal

In case all 3 phases prove successful, Voltaic and Enertrex will jointly work on commercialization of the Selective Lithium Process for use on, but not limited to, brines from the Green Energy Project.

Voltaic will be granted the worldwide exclusive rights to market and utilize this process for selective lithium extraction.

Voltaic is paying the costs of the 3 phases in exchange for the license to utilize the development process technology exclusively.

Why Voltaic?

The Green Energy Project has many advantages to other brine projects (most of which are exploration projects far from being at a commercial level), e.g.:

• It’s not a typical exploration project, it’s an engineering and process development project as vast historic data exists from past operators indicating a very large and lithium-rich reservoir. Engineering reports from the 1960s conclude that the brine reservoir is extensive (over 16 km2) and is recharged from fresh in-flows as indicated by well pressure measurements, drawdown tests and oxygen-deuterium isotopes.

• Production wells already exist on the property. These abandoned wells could be refurbished and put back into operation at relatively low costs.

• Pressure: Past drilling showed that the brine zone is under strong pressure, which would facilitate production as no, or limited, pumping may be required in order to get the brine to surface.

• Temperature: Historic information indicates that the brine is hot. Most other brines worldwide are cold, and must get heated to utilize new extraction technologies. The heating of large volumes is costly.

• Supersaturated brine: Historic well drilling in the area around the Green Energy Property showed very high

lithium grades with up to 1,700 mg/L. Lithium occurs in an over-saturated brine (40% minerals, 60% water; i.e. the minerals are already in solution / dissolved solids).

• Infrastructure: The project is ideally located for development with excellent infrastructure including railhead and transmission lines in proximity.

Green Energy Lithium Project Video

Previous Coverage

Report #5: “Voltaic Minerals Encouraged by Macarthur Minerals‘ Lithium Results”

Report #4: “The perfect brine project for someone like Albemarle”

Report #3: “Prima Diamond becomes Voltaic with focus on energy metals”

Report #2: “Early Warning Report on Prima Diamond”

Report #1: “Prima Diamond Acquires the Green Energy Project in Utah with Historic Lithium Grades of 1700 mg/L”

Report #6 | Voltaic Minerals Corp.

Click on images (or here) to watch a short video on the Green Energy Lithium Project in Utah, USA

4

Disclaimer and Information on Forward Looking Statements:All statements in this report, other than statements of historical fact should be con-sidered forward-looking statements. Much of this report is comprised of statements of projection. Statements in this report that are forward looking include that Voltaic Minerals Corp. or any other company or market will perform as expected; that Voltaic Minerals Corp. will complete the recently announced transaction(s); that the company will develop the project; that Voltaic Minerals Corp. or its partner(s) can and will start developing; that the company can raise sufficient funds for a transaction, developing and corporate matters; that any of the mentioned plans, comparisons with other companies, regions or numbers are valid or economic. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in these forward-looking statements. Risks and uncer-tainties respecting gold and resource com-panies are generally disclosed in the annual financial or other filing documents of Voltaic Minerals Corp. and similar companies as filed with the relevant securities commissions, and should be reviewed by any reader of this report. In addition, with respect to Voltaic Minerals Corp., a number of risks relate to any statement of projection or forward state-ments, including among other risks: the re-ceipt of all necessary approvals and permits; the ability to conclude a transaction to start or continue exploration; uncertainty of future market regulations, capital expenditures and other costs; financings and additional capital requirements for exploration, development, construction, and operating of a facility; the receipt in a timely fashion of further per-mitting for its legislative, political, social or economic developments in the jurisdictions in which Voltaic Minerals Corp. carries on business; operating or technical difficulties in connection with production or development activities; the ability to keep key employees, joint-venture partner(s), and operations financed. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Rockstone and the author of this report do not undertake any obligation to update any statements made in this report.

Disclosure of Interest and Advisory Cautions: Nothing in this report should be construed as a solicitation to buy or sell any securities mentioned. Rockstone, its owners and the author of this report are not registered broker-dealers or financial advisors. Before investing in any securities, you should consult with your financial advisor and a registered broker-dealer. Never make an investment based solely on what you read in an online or printed report, including Rockstone’s report, especially if the investment involves a small, thinly-traded company that isn’t well known. The author of this report is paid by Zimtu Capital Corp., a TSX Venture Exchange listed investment company. Part of the author’s responsibilities at Zimtu Capital Corp. is to research and report on companies in which Zimtu Capital Corp. has an investment. So while the author of this report is not paid directly by Voltaic Minerals Corp., the author’s employer Zimtu Capital Corp. will benefit from appreciation of Voltaic Minerals Corp.’s stock price. The author also own shares of Voltaic Minerals Corp., as well as shares of Zimtu Capital Corp., and thus would also benefit from volume and price appreciation of its stocks. Hence, multiple conflicts of interests exist. Therefore, the information provided herewithin should not be construed as a financial analysis or recommendation but as advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. Rockstone and the author of this report do not guarantee the accuracy, completeness, or usefulness of any content of this report, nor its fitness for any particular purpose. Voltaic Minerals Corp. has not reviewed the content of this report prior to publication. Lastly, the author does not guarantee that any of the companies mentioned in the reports will perform as expected, and any comparisons made to other companies may not be valid or come into effect. Please read the entire Disclaimer carefully. If you do not agree to all of the Disclaimer, do not access this website or any of its pages including this report in form of a PDF. By using this website and/or report, and whether or not you actually read the Disclaimer, you are deemed to have accepted it. Information provided is educational and general in nature.

Analyst Profile & Contact

Stephan Bogner (Dipl. Kfm. FH)Mining Analyst Rockstone Research 8050 Zurich, Switzerland+41-44-5862323sb@rockstone-research.com

Stephan Bogner studied at the International School of Management (Dortmund, Germany), the European Business School (London)

and the University of Queensland (Brisbane, Australia). Under supervision of Prof. Dr. Hans J. Bocker, Stephan completed his diploma thesis (“Gold In A Macroeconomic Context With Special Consideration Of The Price Formation Process”) in 2002. A year later, he marketed and translated into German Ferdinand Lips‘ bestseller („Gold Wars“). After working in Dubai for 5 years, he now lives in Switzerland and is the CEO of Elementum International AG specialized in duty-free storage of gold and silver bullion in a high-security vaulting facility within the St. Gotthard Mountain Massif in central Switzerland.

Rockstone is a research house specialized in capital markets and publicly listed companies. The focus is set on exploration, development, and production of resource deposits. Through the publication of general geological basic knowledge, the individual research reports receive a background in order for the reader to be inspired to conduct further due diligence. All research from our house is being made accessible to private and institutional investors free of charge, whereas it is always to be construed as non-binding educational research and is addressed solely to a readership that is knowledgeable about the risks, experienced with stock markets, and acting on one’s own responsibility.

For more information and sign-up for free newsletter, please visit: www.rockstone-research.com

Report #6 | Voltaic Minerals Corp.