Voltaic Strategic Resources Limited provided an update on its Ti Tree project, located in the Gascoyne region of Western Australia. Following the prior identification of a 22 km cumulative strike length prospective lithium-caesium-tantalum (LCT) corridor, Voltaic is highly encouraged by further interpretative analysis of both hyperspectral ASTER and LANSAT satellite imagery that has generated several priority targets. A hyperspectral remote sensing (HRS) survey was undertaken in March 2022. Known LCT occurrences were used to characterise the spectral signature of potential lithium occurrences within the area. Multiple HRS targets have been interpreted to display highly analogous signatures to the adjacent Red Dirt Metals Yinnietharra/Malinda lithium discovery, where visual spodumene is currently being encountered in diamond drillholes. Early indicators are alluding to significant lithium scale potential at Yinnietharra through both the frequency of spodumene occurrences observed and the width of the pegmatite bodies drilled thus far. Additionally, several perceived outcropping pegmatite swarms have been identified from LANSAT satellite imagery within the anomalous HRS target zone, which provides extra credence to the prospectivity for fertile LCT pegmatites at Ti Tree. A satellite image from priority target TT16 is provided in Figure 3 below, displaying an interpreted swarm of pegmatite outcrops. Drill Planning at Ti Tree South A preliminary shallow drill campaign is planned to commence in December 2022, whereby the aim is to test the extent of LCT anomalism within this area utilising wide-spaced gridlines and screen other target
areas of interest. An auger vacuum (AV) drill rig will be used for this program. An AV rig is a highly effective and efficient tool for expeditious geochemical vectoring as it: allows large areas of clay-hosted cover to be drill-tested in short timeframes; it is highly mobile (tractor mounted) and suited to areas with challenging logistical access; it is significantly less costly per meter drilled compared to other drill methods, such as reverse circulation (RC) or diamond drilling (DD); It produces an extremely clean sample with minimal cross-contamination from adjacent areas; it has a very low environmental impact.
The AV rig is limited to areas with low moisture content and to depths less than approximately 45 m. Drilling enables pegmatite fractionation modelling and vectoring towards high tenure mineralisation, which allows subsequent deeper RC or DD drilling campaigns to be much more targeted and efficient. Ti Tree Project (EL 09/2503, ELA 09/2522, ELA 09/2470) Ti Tree resides within an interpreted prospective corridor of LCT-bearing pegmatites (the `Volta' corridor), which contains the Yinnietharra/Malinda lithium discovery, and is underlain by the Thirty-Three Supersuite (TTS) ¡ a belt of plutons comprised primarily of granitoids (see Figure 1 above). Fertile LCT pegmatites in the region have been observed to lie within ~05 km of source granite intrusions and appear controlled by both faults within the host metasediments and fractionation. Voltaic would like to acknowledge Segue Resources' pioneering work in demonstrating the fertility of the TTS for lithiumbearing minerals and how the fractionation within it is comparable to worldclass lithium deposits such as Pilgangoora and Tanco. The Volta corridor is interpreted to extend at least 80 km in a NW-SE orientation, underlying both the Yinnietharra Lithium discovery and Voltaic's tenure at Ti Tree North (ELA 09/2522) and Ti Tree South (EL 09/2503, ELA 09/2470). Data compilation has identified a cumulative strike length of at least 22 km of this prospective area within Ti Tree (6km `Volta1' target within Ti Tree South; 16km `Volta2' target within Ti Tree North). Several pegmatite occurrences have been identified within the project area to date with only a small portion of the tenure explored by Voltaic. Moreover, the frequency of fractionated/altered felsic rocks observed is encouraging, with several coarse-grained pegmatites, tourmaline, and beryl widespread throughout the tenure. Eighty (80) rockchip samples were collected from granted tenement E09/2503 during October and are currently undergoing multi-element analysis, the results of which are expected mid-December 2022. Furthermore, additional `ground truthing (rockchip sampling and geological mapping) will occur this week, targeting priority ASTER target areas within E09/2503 and establishing logistics for the upcoming shallow drill campaign. UPCOMING EXPLORATION AT TI TREE: A preliminary shallow drill campaign is planned to commence in mid-December 2022. Additional activities planned for Fourth Quarter 2022/Q1 2023 exploration include the acquisition of enhanced radiometric /magnetics imagery data and supporting field activities to advance targets.