An extensive drilling campaign is being planned after discovering a newly identified stacked pegmatite system at its Andrada prospect. Pic via Getty Images.
Voltaic stacks up more pegmatites and readies the drill bit at Ti Tree
Mining
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The team at Voltaic Strategic Resources are back at it again, this time with an expansion of their stacked lithium system at the Ti Tree project in the emerging Gascoyne mining precinct in WA.
Recent drilling at the Andrada prospect at Ti Tree South has been testing a combined 2.6km strike every ~300m across two prospective trends, displaying significant width of up to 69m and zones with multiple stacked pegmatites at depth.
31 holes completed across 2,393m, with 34 individual pegmatite intercepts encountered for a cumulative total of 547m – that’s a great hit rate.
The first batch of assays are expected in ~1-2 weeks and a second batch in about 6 weeks.
Voltaic Strategic Resources’ (ASX:VSR) Ti Tree targets are located within the “Volta Corridor” – a major belt of prospective LCT pegmatites hosting Delta Lithium’s (ASX:DLI) Yinnietharra lithium project where a 90,000m drill program is underway.
To date, 10 priority targets have been identified within Ti Tree South (which hosts Andrada where the current drilling was focused) and 8 additional target areas at Ti Tree North.
VSR CEO Michael Walshe reckons the initial results are highly encouraging indicators for regional scale potential.
“The prospectivity continues to grow at Ti Tree as our understanding of the geology increases and having thick pegmatites which repeat in a stacked sequence at depth are key prerequisites for building tonnage,” Walshe said.
“The learnings from current drilling, which is limited to an average of 70m below surface, provide valuable insight into the significance of structural controls within the project and will assist our follow-up deeper programs.
“As other recent drilling in the region has shown, prime mineralised parts of the system are likely to be emplaced at depths of at least +200m vertically below surface.
“We have only just begun to tap into the vast potential of our tenure at Ti Tree where the number of mapped pegmatites already exceeds 400 with only a fraction of the tenure explored.”
VSR is targeting a 25,000m drilling campaign across both Ti Tree North and Ti Tree South.
“We have 18 priority target areas identified across the entire project and this will only increase as airborne geophysics and photogrammetry surveys are completed over the coming weeks,” Walshe said.
“Planning is underway for systematic and extensive drill programs across our north and south tenements, and shareholders can look forward to several quarters of highly active exploration-focused news flow.”
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.
