VSR pulls in thick pegmatites during maiden drilling at Ti Tree
Mining
Mining
Multiple, thick pegmatites have been intersected during maiden drilling at the Andrada prospect with widths of up to 58m of continuous pegmatite from surface.
The drilling has confirmed key structural trends for identified LCT pegmatites and deepened the Voltaic Strategic Resources’ (ASX:VSR) understanding of the broader geological controls within the project.
VSR says the confirmation of pegmatite continuity at depth bolsters Ti Tree’s prospectivity where >300 pegmatites have been mapped and less than 10% of the tenure explored to date.
New results from surface include:
Logistics and planning are being fast-tracked for a follow up phase-2 campaign to test down dip and extensional potential of the significant pegmatites intersected.
“We now have a much-improved model of the regional pegmatites at Ti Tree in terms of structure, down-hole continuity and zonation, all of which are critical data for vectoring towards an LCT discovery,” VSR CEO Michael Walshe says.
“The first batch of drill samples are already at the laboratory for analysis with assays expected within six weeks.
“Planning is also underway for a follow-up second phase of drilling, and we will soon undertake several surveys including airborne magnetics/radiometrics, photogrammetry, and gravity.
“These programs should significantly increase the number of ‘priority 1’ drill targets at Ti Tree and ensure several months of highly active and material news flow over the remainder of 2023.”
*EOH: End of Hole
**TW: True Width
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.