Delta neighbour Voltaic dials in on lithium paydirt at Ti Tree
Mining
Mining
Special Report: A close spaced soil survey is underway at the Akira pegmatites to aid in the delineation of target areas for an upcoming ground gravity survey and follow up drilling.
Voltaic Strategic Resources (ASX:VSR) Ti Tree project is one of four individual projects that make up the company’s 2,144km2 Gascoyne tenement package.
The project is surrounded by Delta Lithium (ASX:DLI) and its Yinnietharra project, which sparked a lithium frenzy in WA’s Mid-West with big hits including 56m at 1.12% lithium in a field full of “great big slabs of unmapped pegmatites”.
Yinnietharra is now beginning to look more like a province than a project and while still early days, VSR is hoping to find something similar at Ti Tree.
A 22km lithium-caesium-tantalum (LCT) corridor, named the ‘Volta Corridor’ was identified last year and has been the source of 18 priority target areas identified to date.
VSR has since increased the prospective Volta Corridor to 40km strike length within the Ti Tree tenure, but it is interpreted to extend at least 80 km in a NW-SE orientation, underlaying both the Yinnietharra lithium discovery and Voltaic’s ground.
Despite the challenging terrain and high temperature conditions, VSR is continuing with its systematic on-ground exploration program at Ti Tree.
A closed spaced soil survey is underway at the high priority LCT prospect ‘Akira’ within an area of high tantalum anomalism.
From there, VSR plans to complete a wide spaced survey at at Ti Tree East across the Lithos and Trinity prospects that overlay a “very prospective” metasedimentary schists and greenstone corridor.
“Validation of the newly identified targets, along with prospecting of previously unexplored areas continues to be a high priority for Voltaic before undertaking the next round of planned drilling in early 2024” VSR CEO Michael Walshe says.
The explorer is also actively following up several new targets that have been identified from a geochemical targeting program in collaboration with Xplore Global, a UK-based geological consultancy specialising in LCT geochemistry.
“We are excited to begin exploration of these new target areas, many of which are proximal to Delta Lithium’s Jameson prospect, and in the most prospective geology of the entire 80km Volta Corridor,” he says.
“Concurrently, we are actively working with Native Title parties and governmental agencies on expediting the granting of the remaining tenements under application at Ti Tree.”
This article was developed in collaboration with Voltaic Strategic Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.