Only 10% of priority target areas at the project have been visited so far. Pic: via Getty Images.
Voltaic confirms widespread pegmatites at its Ti Tree lithium project
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Voltaic Strategic Resources has found a high density of pegmatite occurrences at its priority target Morpheus as well as several other targets at its Ti Tree project in WA.
Notably, the target areas have analogous ASTER signatures to the adjacent Red Dirt Metals (ASX:RDT) Yinnietharra lithium discovery, and many hallmarks of Yinnietharra have been observed such as:
- Pegmatoid pods with east-west (EW) 270 ̊ structural orientation;
- Evident fractionation within pegmatites i.e. tourmaline, white micas and feldspars; and
- Pegmatite occurrences found within both pelitic schists and granitic contacts.
Plus, Yinnietharra-like east-west structural orientations have been observed at its priority Morpheus target for coarsest pegmatites found to date.
Substantial scale potential
“The latest discovery and field observations from Ti Tree have significantly increased the prospectivity for lithium-tantalum mineralisation within the Volta corridor,” Voltaic Strategic Resources (ASX:VSR) CEO Michael Walshe said.
“Priority ASTER target areas were found to strongly correlate with outcropping pegmatite occurrences, many of which displayed both the same structural orientation and degree of fractionation as the Yinnietharra pegmatites.
“To date, less than 10% of the 21 priority ASTER targets have been tested and the density of pegmatites observed thus far is alluding to substantial scale potential across the 22km Volta corridor.”
Exploration of untested targets planned
Walshe said the width, depth extent and tenor of drill intercepts at the neighbouring Yinnietharra discovery has prompted the company to commence exploration of its untested targets as soon as possible.
“The company believes that the number of pegmatoid occurrences to be of the order of several hundred or greater at Ti Tree.
“The most effective next steps would be detailed mapping with the aid of UAV imagery capture and direct outcrop sampling to aid target generation, vectoring and ranking.”
Extensive rockchip sampling has also been undertaken at Ti Tree South with assays for 80 samples expected within 4-6 weeks, with phase-2 assays anticipated in February 2023.
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.
