Voltaic (ASX:VSR) smells lithium in Red Dirt
January 30, 2023Voltaic Strategic Resources is following up on promising lithium indications at its Tree lithium project in Western Australia’s emerging Gascoyne region, buoyed by neighbour Red Dirt Metals’ recent compelling grades.
A ground crew is on-site following up on exciting targets in the field and assessing logistics for a regional soil sampling campaign across the entire Volta corridor
The team is moving with spring in step in the wake of Red Dirt Metals (ASX:RDT) finding signs of continued mineralisation at depth.
22 km prospective lithium-caesium-tantalum (LCT) corridor identified within the Ti Tree project area with planned soil sampling campaign target area shown
The Company says the Red Dirt targets confirm Voltaic’s structural modelling and interpretation that the entire Volta corridor is highly prospective for lithium.
“The RDT drill results, coupled with regional targets on the pegmatite / schist(s) units, strengthens Voltaic’s structural modelling and interpretation that the entire 22 km Volta corridor is comprised of pegmatite / schist(s) lithologies, both to the SE (Ti Tree South) and NW (Ti Tree North) –Thus, we believe Volta is highly prospective for lithium and has the scale potential to host multiple resources and become a globally significant region.
“We are laser-focused on making a discovery and our exploration team are currently back at site assessing logistics for the upcoming programs.”
Meanwhile, surface geochemical sampling from previous fieldwork is under review for imminent release.
Voltaic is confident the results will demonstrate that the in-situ granitic intrusions within Ti Tree are fertile for lithium mineralisation.
Price Action
The Company’s ASX-listed shares are 2.5c at Market Open.
Next Steps
Assisting heli-supported data will help expedite the next exploration phase before the wet season.
About Voltaic Strategic Resources
Voltaic Strategic Resources Limited (ASX:VSR) (Voltaic) is a mineral exploration company that has assembled a portfolio of exciting battery and precious metals exploration projects in the Gascoyne and Meekatharra regions of Western Australia (WA) and Nevada, USA.
Fundamental Data
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