Drilling updates and assay results from exploration at Ti Tree will be flying in over the coming weeks. Pic via Getty Images.
Pegmatite swarms aplenty as Voltaic Strategic Resources wraps up Phase 3 drilling at Ti Tree
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- Phase 3 drilling has intersected pegmatite swarms across Ti Tree’s southern prospects
- Focus is on Leake Spring Metamorphic schists to contain significant lithium mineralisation
- Assays from Phase 2 and 3 due mid-October
Numerous thick pegmatites have again been intersected in drilling at the southern extension of Voltaic Strategic Resources’ Ti Tree lithium project.
25 drill holes tested near surface extents of outcropping pegmatites at the Morpheus and Akira prospects at Voltaic Strategic Resources’ (ASX:VSR) Ti Tree lithium project in WA’s Gascoyne region.
The two prospects — at the southern end of the extensive 80km+ ‘Volta’ corridor — are interpreted to reside in the ‘Goldilocks’ zone where major discoveries are being drilled out by direct neighbour Delta Lithium (ASX: DLI) at its Yinnietharra lithium project.
VSR is looking to repeat the success of Delta, which is now backed by WA mining heavyweight MinRes (ASX:MIN).
Drilling update
A combined 11 drill holes for 1,498m at the Morpheus prospect targeted the prospective Leake Spring Metamorphic (LSM) pelitic schists, which hosts all mineralised pegmatites identified to date by Delta.
VSR says multiple stacked pegmatites are evident throughout Morpheus, with individual widths varying from 1-34 metres (not true width). Several priority targets remain untested due to accessibility, it says.
Two drill holes for 222m have been drilled at the Akira prospect so far, targeting pegmatites occurring within ‘enveloping schists’ also interpreted to be the prospective LSM.
Two stacked pegmatite zones containing quartz-feldspar-mica have been identified, with individual widths varying from 1-15m.
At Andrada, the eight hole for 1,080m program included a substantial dual pegmatite hit of 51m and 117m (not true width) – “the most significant pegmatoid width to date drilled at the project”, VSR says.
Assays pending
Assays from Phase 2 and 3 are expected to flow from mid-October.
“We have drilled deeper in this third drill phase compared to 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,” VSR CEO Michael Walshe says.
“Additionally, mapping has identified several new areas of outcropping pegmatite swarms which we will soon follow up with soil surveying and potential future drilling.
“Our next focus area will be Ti Tree (North) which is proximal to Delta Lithium’s Jameson prospect.
“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.
