Voltaic Strategic Resources Limited provided an update on its Gascoyne Critical Metals Project, located in the mid-northwest of Western Australia. Ground exploration commenced in September, focusing on REEs and lithium. A 22 km cumulative strike length prospective LCT corridor has been identified within the Ti Tree project, and work is underway prioritising shallow drilling and geochemical vectoring programs for target definition within granted tenure. Data compilation has also revealed several regional lithium occurrences proximal to the project and extensive pegmatite fractionation within the project, which is an encouraging hallmark of the nearby Yinnietharra/Malinda lithium discovery, 6 km NW of the Company's `Ti Tree South' tenements. Several pegmatites, ironstone/calcsilicate outcrops have been discovered in the field, which are prospective for lithium and REEs respectively, and extensive (148) rockchip samples have been collected across priority target zones at both Ti Tree and Paddys Well projects, analysis of which is currently underway. Additionally, permitting and logistics are progressing for shallow drilling programs. Ti Tree resides within an interpreted prospective corridor of LCT-bearing pegmatites, hereafter called the `Volta' corridor, which contains the Yinnietharra/Malinda lithium discovery and is underlain by the Thirty-Three Supersuite - a belt of plutons comprised primarily of granitoids. Fertile LCT pegmatites in the region have been observed to lie within 05 km of source granite intrusions and appear controlled by both faults within the host metasediments, and fractionation. Voltaic would like to acknowledge Segue Resources' pioneering work into demonstrating the fertility of the TTS for lithiumbearing minerals, and how the fractionation within it is comparable to worldclass lithium deposits such as Pilgangoora, Wodgina and Tanco. The Volta corridor is interpreted to extend at least 80 km in a NW-SE orientation, underlaying both the Yinnietharra Lithium discovery and Voltaic's tenure at Ti Tree North and Ti Tree South. Data compilation to date has identified a cumulative strike length of at least 22 km of this prospective area within Ti Tree. Furthermore, the Company is encouraged by the number of pegmatite occurrences identified within the project, several of which are within 2 km of the Volta corridor. Thus far, a prospective area of 3 x 4 km has been delineated at Ti Tree South and it is anticipated that this will grow with further mapping and remote sensing. Moreover, the frequency of fractionated /altered felsic rocks observed is encouraging, with several coarse-grained pegmatites, tourmaline, and beryl widespread throughout the tenure. Rockchip samples (80) will undergo multi-element analysis and appraisal of fractionation to assist with LCT vectoring. A spectral alteration survey utilising LANDSAT and ASTER satellite data was undertaken across the project
tenure in March 2022 to enable rapid mapping of surface mineralogy, targeting LCT pegmatites from surrounding fertile granitoids. It generated 21 priority targets and these are being systematically investigated, with the highest ranked "P1" targets prioritised in the recent field reconnaissance program. Encouragingly, several targets are observed to overlay portions of the prospective `Volta' corridor, and rockchips have been collected from a portion of these to assist lithium vectoring geochemistry. Extensive rockchip sampling was undertaken and these have been submitted for multielement analysis, the results of which are expected in December 2022. An encouraging number of pegmatite, calcsilicate and ironstone outcrop samples have been collected.