Voltaic (ASX:VSR) gear up for phase 3 at Ti Tree

Voltaic (ASX:VSR) gear up for phase 3 at Ti Tree

August 7, 2023 0 By Tom Duggan

Voltaic Strategic Resources has maiden drilling imminent on three untested high-priority lithium targets, with 3500 metres of RC drilling ready to spin at its Ti Tree Lithium Project in the Western Australian Gascoyne.

The Morpheus, Akira, and Lewis prospects are all at areas of high-tenor surface geological anomalism, with the former two interpreted to reside in the ‘Goldilocks Zone’ of the same highly prospective schists host to numerous significant intercepts.

The prospects are just three of 18 priority areas hosting over three hundred mapped pegmatites, and Voltaic Chief Executive Michael Walshe said it was rapidly progressing towards the next round of drilling with greater insight.


“We are systematically advancing through our exploration program at Ti Tree and are pleased to advise that the ‘Phase 3’ program will commence ahead of schedule, starting later this week. Our field crew are currently on site preparing for the upcoming activities,” Mr Walshe said.


“The new RC rig has the capacity to drill deeper than previous campaigns allowing us to thoroughly examine the extents of the pegmatite swarms at each prospect,” he added.

“Furthermore, we have additional deeper holes planned at Andrada to delineate bounding lithological contacts and to examine untested lithium-caesium-tantalum potential plunge target areas. Moreover, airborne drone magnetic/radiometric and photogrammetry surveys will commence in October which will assist with further target generation.”

Forward plan

Several more outcropping pegmatites have beckoned further exploration, and Voltaic will continue its geological reconnaissance, with mapping, rock chip sampling and soil surveys underway.

Voltaic stands well-funded after securing $4.1 million in investor backing to accelerate work at both Ti Tree and its Paddy’s Well Rare Earth project, where initial metallurgy has revealed rare earth-enriched clays that can be efficiently processed upstream.

Both projects sit in a Gascoyne Province making its case as Western Australia’s hottest critical minerals jurisdiction and Voltaic have a busy year of drilling ahead, with the Trinity and Lithos prospects next off a long rack of priority Ti Tree targets.

Ti Tree project map and neighbouring Delta Lithium tenure.

Ti Tree project map and neighbouring Delta Lithium tenure.

VSR.AX
VOLTAIC FPO [VSR]
ASX
down arrow$0.013
$0.001
7.14%

Please note the following valuable information before using this website. 

Independent Research 

Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified. 

MarketOpen is an online digital media and in person events business connecting companies and investors. Through its flagship MarketOpen.com.au and social media, MarketOpen cover breaking news on mining, oil and gas, technology and biotechnology companies listed on the Australian Securities Exchange (ASX).

Contact info

Suite 3, 47 Havelock Street
West Perth WA 6005
info@marketopen.com.au

Stewart Walters
Managing Director
stewart@marketopen.com.au
+61 414 644 166

Holly Walters
Accounts and Events Manager
holly@marketopen.com.au
+61 409 281 580

Subscribe

* indicates required