- Voltaic Strategic Resources (VSR) receives program-of-work (POW) approval to begin maiden drilling at its Ti Tree project in WA’s Gascoyne region
- VSR plans to drill four “high-priority” areas of geochemical anomalism within the project, which has never before been explored for lithium
- VSR says the area could provide a real opportunity for e a “greenfields” discovery
- Logistics and access works are underway, with drilling expected to begin in early May
- VSR shares are up 4.76 per cent to 2.2 cents at 10:22 am AEST
Voltaic Strategic Resources (VSR) has received program-of-work (POW) approval to begin maiden drilling at its Ti Tree project in WA’s Gascoyne region.
The company said the area was an emerging critical minerals hotspot, and it had identified over 30 targets from initial rock chips that showed favourable lithium, caesium and tantalum (LCT) geochemistry.
Voltaic said the project had never before been explored for lithium, and it planned to drill four initial targets at the Andrada prospect in the area.
The Andrada prospect is one of three regional targets identified to date by VSR.
VSR CEO Michael Walshe said he was extremely proud of the exploration team’s dedication and success in generating drill targets over such a short timeframe.
“The team have identified extensive occurrences of pegmatite outcrop, collected several hundred rock chips, and demonstrated the fertility of these rock chips, which has yielded over 30 drill targets; and all whilst exploring only a small portion of the entire tenure,” Mr Walshe said.
“The pegmatites at all prospects display evidence of being highly fractionated and zoned with abundant tourmaline alteration — similar to those at Yinnietharra, and with significant LCT and associated pathfinder element anomalism.
“Geophysical and remote sensing surveys will soon commence, to generate
additional targets and provide detailed structural data on the pegmatites.”
VSR said the area could provide a real opportunity for e a “greenfields” discovery.
Logistics and access are underway, with drilling expected to begin in early May.
VSR shares were up 4.76 per cent to 2.2 cents at 10:22 am AEST.