Voltaic Strategic Resources Limited (ASX: VSR) has intersected significant and widespread REE-enriched zones at its Neo prospect in phase one drilling at its Paddy's Well Project, in Western Australia's Gascoyne region, an emerging critical minerals hotspot.
Works commenced earlier this year3 to test the upper clay zone and determine the basement rock depth within an area where historical drilling identified REEs. The drilling program consisted of 14 RB holes for 710m, and 14 AV holes for 159m within the highly prospective Chalba Shear Zone (CSZ) 1 corridor with both primary carbonatite and clay hosted REE potential. The program has successfully validated the historical total rare earth element oxide (TREO2 ) drill results and significantly expanded the target area with mineralisation remaining open at depth and along strike4 .
Voltaic chief executive Mr Michael Walshe said results were highly encouraging at such an early stage of the project's lifecycle. 'Assays of the initial AV drill samples, and preliminary pXRF analysis of the RB drill samples indicate multiple REE intercepts of up to 30m true width from near surface, with individual metre values up to 9000ppm TREO,' Mr Walshe said.
Each of the first five RB drill holes processed have at least four REE stacked zones with potential for significant intercept width increase.
Soil pXRF surveys indicate that the size of the mineralised strike is at least 6km x 2km creating a regional-scale opportunity for the company. Anomalies of >1,000ppm TREO have been identified at surface which is highly significant when compared to established peers like Australian Rare Earths (ASX:AR3), OD6 (ASX:OD6), or Ionic Rare Earths (ASX:IXR)' he said. 'The identification of monazite and associated rhabdophane, both REE-bearing phosphate minerals commonly associated with carbonatite REE deposits, is also a highly significant development in the discovery journey'. Mr Walshe said that 'Monazite and rhabdophane are found at Hastings (ASX:HAS) Yangibana Project5 , which is currently under construction ~100km northeast of Paddy's Well, at Lynas' Mt Weld carbonatite6 , as well as Dreadnought Resources' Yin ferrocarbonatite deposit7 '.
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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 forwardlooking 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
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.
VOLTAIC STRATEGIC RESOURCES LIMITED 
