Voltaic (ASX:VSR) stack pegmatite at Andrada

Voltaic (ASX:VSR) stack pegmatite at Andrada

June 28, 2023 0 By Tom Duggan

Voltaic Strategic Resources has intercepted multiple new pegmatites as wide as 69 metres within a newly identified stacked system, lying open at depth within the Andrada Prospect at its Ti Tree Lithium asset in the Gascoyne.

Drilling over a combined 2.6 kilometres across two prospective lithium-caesium-tantalum trends has continued to reveal regional scale potential. Both trends demonstrate significant width, continuity and multiple stacked pegmatites at depth in the same Volta Corridor host to Delta Lithium’s Yinnietharra Project and multiple top-end intercepts.

And that pair of trends remain the only ones been tested out of several hundred lying across Ti Tree.

Assays are set to start coming in as soon as a week’s time, and Voltaic Chief Executive Michael Walshe said the relatively shallow campaign continues to provide valuable insights as the company plots deeper drilling.

“The prospectivity continues to grow at Ti Tree as our understanding of the geology increases. Having thick pegmatites which repeat in a stacked sequence at depth are key prerequisites for building tonnage. As other recent drilling in the region has shown, prime mineralised parts of the system are likely to be emplaced at depths of at least +200m vertically below surface.” Mr Walshe said.

“We have only just begun to tap into the vast potential of our tenure at Ti Tree where the number of mapped pegmatites already exceeds 400 with only a fraction of the tenure explored. We have 18 priority target areas identified across the entire project and this will only increase as airborne geophysics and photogrammetry surveys are completed over the coming weeks,” he added.

“Planning is underway for systematic and extensive drill programs across our north & south tenements, and shareholders can look forward to several quarters of highly active exploration focused news flow.”

Forward plan

Six more holes remain for the phase 2 campaign at Ti Tree South and planning is underway for extensive follow up drilling across the northern and southern tenements as exploration continues to deliver more prime LCT targets, with several geophysical surveys expected to begin next week.

Voltaic expect its first batch of phase 1 assays to come in within the next two weeks, with the second batch coming in six as it continues to explore Ti Tree and the clay-hosted potential of its Paddy’s Well Project, lying in the same Gascoyne Province fast emerging as a new Western Australian hub of critical minerals.

VSR Ti Tree Map

Holes completed at the Andrada prospect with identified pegmatite trends

VSR.AX
VOLTAIC FPO [VSR]
ASX
down arrow$0.035
$0.001
2.78%

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