Voltaic has started on three targets at Ti Tree South. Pic via Getty Images.
Delta neighbour Voltaic is spinning drill bit on three untested lithium targets
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The drill bit is spinning at the Ti Tree lithium project in the Gascoyne, where Voltaic is on the hunt for a colossal Yinnietharra lookalike.
When Delta Lithium (ASX:DLI) began exploring its Yinnietharra project near Gascoyne Junction late last year, the Mid-West region of WA was anything but a lithium hub.
It was, and still is, very unexplored for the battery metal but the prospectivity was immediately obvious.
The company is now pulling up big intersections, such as 56m at 1.12% lithium as part of an extensive multi rig drill program. DLI boss David Flanaghan says Yinnietharra “is looking more like a province than a project”.
Right next door is Voltaic Strategic Resources (ASX:VSR).
A new ~3,500m RC drilling campaign has now kicked off at the Ti Tree South project, targeting high-priority surface geochemical anomalism at the untested Morpheus, Akira and Lewis prospects.
Morpheus and Akira are interpreted to reside in the lithium-rich ‘Goldilocks’ zone, where many significant intersections have been identified at the neighbouring Yinnietharra project.
All three prospects are currently being drilled for 750m to a target depth of 200m, while down-dip, deeper drilling is also planned at Andrada.
These prospects are just 3 of the 18 targets identified by Voltaic to-date.
Target generation is continuing, with reconnaissance field work underway focusing on geological mapping, rock chip sampling and soil surveys to generate additional drill prospects.
Voltaic CEO Michael Walshe said the company is rapidly advancing through Phase 3 exploration program at Ti Tree, 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.”
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.
