Voltaic Strategic Resources Ltd (ASX:VSR) ('Voltaic' or the 'Company') has received assays from a third phase of drilling at the Ti Tree lithium project focusing on the 'Morpheus', 'Lewis' and 'Akira' prospects. The program, which achieved a total of 25 holes for 3,095 metres, was designed to test several new targets across the southern end of the extensive 80km+ 'Volta' corridor, as well as the down-dip continuity and potential bounding lithological contacts for select pegmatites previously drilled at 'Andrada' (see Figure 1).

Drilling has confirmed that the pegmatites at Ti Tree (South) are conformable to the classic LCT 'Goldilocks' model with zonation & fractionation increasing outward from parental granite source. Akira has been identified as a high priority LCT prospect for follow-up with highly anomalous tantalum and a halo of lithium anomalism over large intercepts, plus the presence of rubellite. Follow-up surface reconnaissance is underway focusing on Ti Tree (North) E09/2522 and Ti Tree (Southeast) E09/2470 where limited exploration has been undertaken to date. Andrada, Morpheus, Lewis and Akira are just four of 18 priority target areas identified at Ti Tree to date.

Voltaic Chief Executive Officer Michael Walshe said the Company is rapidly advancing through the systematic exploration program at Ti Tree and are gaining greater geological understanding of the substantial pegmatite system emerging at the project and the controls on mineralisation. 'We are very encouraged by the observations from the drilling undertaken at the project to date including elevated tantalum, and increasing pegmatite fractionation at Akira which aligns with the classic LCT 'Goldilocks'3 model. Moreover, the identification of a large halo of lithium anomalism within rubellite-schists and rare metal pegmatites has significantly increased the prospectivity at Akira where exploration is still at a very nascent stage with only two shallow holes completed so far' Mr Walshe said. 'Our next focus will be a follow-up gravity survey at Akira along with infill surface reconnaissance, plus target generation at Ti Tree (North) which is proximal to Delta Lithium's Jameson prospect, and surface reconnaissance at Ti Tree (Southeast) E09/2470 which overlays a large mafic intrusion' he said.

The next steps at Ti Tree Project * Surface reconnaissance is currently underway at Ti Tree (Southeast) E09/2470 where limited exploration has been undertaken to date and comprises mapping and a wide spaced soil survey (pXRF 200 x 80m) over the entire meta-sedimentary schist corridor (~8km), and across the broad package of mafic intrusives (~12km). * Subsequently, attention will be turned to Ti Tree (North) E09/2522 which is proximal to Delta Lithium's 'Jameson' prospect. Minimal exploration has been undertaken on E09/2522 to date. * Follow-up exploration is planned at Akira including a ground gravity survey and detailed surface geochemical reconnaissance to delineate extents of discovered stacked LCT rubellite-schists and rare metal pegmatites. * Advancements are being made towards the granting of tenements E09/2470 and E09/2522 and the Company will provide an update in due course. * Drill targeting and planning is ongoing. * The Company has engaged the services of Xplore Global, a UK-based geological consultancy with specialisation in the areas of LCT pegmatite targeting, geochemistry and interpretation. Dr Benedikt Steiner (Principal) is a globally renowned expert in LCT geochemistry and is a Qualified Person under JORC regulations & NI43-101.

Release authorised by the Board of Voltaic Strategic Resources Ltd. For more information, please contact: MICHAEL WALSHE GARETH QUINN Chief Executive Officer Media and Investor Relations Phone: +61 8 6245 9821 Phone +61 417 711 108 michael.walshe@voltaicresources.com gareth@republicpr.com.au

Competent Person Statement

The information in this announcement related to Exploration Results is based on and fairly represents information compiled by Mr Claudio Sheriff-Zegers. Mr Sheriff-Zegers is employed as an Exploration Manager for Voltaic Strategic Resources Ltd and is a member of the Australasian Institute of Mining and Metallurgy. He has sufficient experience of relevance to the styles of mineralisation and types of deposits under consideration and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. He consents to the inclusion in this announcement of the matters based on information in the form and context in which they appear

Forward-Looking Statements

This announcement may contain forward-looking statements involving several risks and uncertainties. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. No obligation is assumed to update statements if these beliefs, opinions, and estimates should change or to reflect other future development. Furthermore, this announcement contains forward-looking statements which may be identified by words such as 'prospective', 'potential', 'believes', 'estimates', 'expects', 'intends', 'may', 'will', 'would', 'could', or 'should' and other similar words that involve risks and uncertainties. These statements are based on several assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions, and other important factors, many of which are beyond the control of the Company, the Directors and management of the Company. These and other factors could cause actual results to differ materially from those expressed in any forward-looking statements. The Company cannot and does not give assurances that the results, performance, or achievements expressed or implied in the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements.

About Voltaic Strategic Resources

Voltaic Strategic Resources Limited explore for the next generation of mines that will produce the metals required for a cleaner, more sustainable future where transport is fully electrified, and renewable energy represents a greater share of the global energy mix. The company has a strategically located critical metals portfolio led by lithium, rare earths, base metals, and gold across two of the world's most established mining jurisdictions: Western Australia & Nevada, USA. Voltaic is led by an accomplished corporate and technical team with extensive experience in REEs, lithium and other critical minerals, and a strong skillset in both geology and processing / metallurgy.

Contact:

+61 8 6245 9821

info@voltaicresources.com

voltaicresources.com

(C) 2023 Electronic News Publishing, source ENP Newswire