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Voltaic Strategic Resources Limited (ASX:VSR) has commenced the next phase of drilling at the Ti Tree lithium project focusing on the high priority ‘Morpheus’, ‘Lewis’ and ‘Akira’ prospects. Drilling will systematically test several new targets across the southern end of the extensive 80km+ 'Volta' corridor, as well as the down-dip continuity and potential bounding lithological contacts for select pegmatites previously drilled at ‘Andrada’ (see Figure 1).
Highlights
‘Phase 3’ drill campaign underway focusing on untested priority targets at the Company’s 100%-owned Ti Tree Project, Gascoyne region, Western Australia.
- ~3,500m of reverse circulation (RC) drilling planned at ‘Morpheus’, ‘Akira’, and ‘Lewis’ prospects at areas of high priority surface geochemical anomalism.
- Morpheus & Akira are interpreted to reside in the ‘Goldilocks1’ zone, focusing on highly prospective Leake Spring Metamorphic pelitic schists where many significant intersections have been identified by Delta Lithium Ltd (ASX:DLI) at the neighbouring Yinnietharra Lithium Project2.
- Morpheus, Lewis, and Akira are just three of the 18 priority target areas identified at Ti Tree to date where an extensive number (>400) of pegmatites have been mapped at surface.
- Down-dip, deeper drilling also planned at ‘Andrada’ to delineate bounding lithological contacts and to examine untested lithium-caesium-tantalum (LCT) potential plunge target areas.
Concurrently, target generation continues with reconnaissance field work underway focusing on geological mapping, rock chip sampling and soil surveys, all of which are designed to quickly assess target areas and systematically generate additional drill prospects.
Voltaic Chief Executive Officer Michael Walshe said the Company is rapidly advancing through the exploration program at Ti Tree and are pleased to advise that the ‘Phase 3’ campaign is in progress with over 250 metres already drilled.
“The RC drill rig being employed has the capacity to drill deeper than previous campaigns allowing us to thoroughly examine the extents of the pegmatite swarms at each prospect and potentially vector to mineralisation at depth and under cover” Mr Walshe said.
“Additionally, airborne drone magnetic / radiometric and photogrammetry surveys are planned to commence at the project in October which will assist with further target generation”.
“Investors can expect steady news flow from the Ti Tree project over the coming months, with regular drilling updates and assay results to be released as available as we systematically advance through testing of the 18 priority target areas within the large tenement package” he said.
Figure 1. Ti Tree project map. Neighbouring Delta Lithium’s Yinnietharra tenure also shown.
Figure 2. Drilling underway at Morpheus prospect area
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