Voltaic Strategic Resources Limited provided an update on its Gascoyne Critical Metals (GCM) Project, located in the mid-northwest of Western Australia. The GCM project comprises 4 regional project areas: Paddys Well, Ti Tree, Talga and Kooline. Two tenements under application have recently been granted: E08/3314 - Kooline Project - Copper, Gold, and base metal prospectivity. E08/3420 - Talga Project - Nickel-Copper-Cobalt-PGE and Manganese prospectivity. Kooline: Gold, Copper-Gold and Base Metals Project: Comprises exploration licence E08/3314 (~303km2) and is located to the northwest of Paraburdoo in the upper mid-northwest of Western Australia. Paulsens Gold Mine, formerly owned by Norther Star Resources is 40km north of Kooline, and has produced over 900,000 Oz of gold since 2005. Kooline lies within the west-northwest trending regional Wyloo anticlinal dome, which is prospective for Au, Cu-Au and base metals (Cu-Ag-Pb-Zn). Historical surface sampling and limited shallow drilling by NSR within E08/3314 identified gold anomalism which warrants follow-up work. There are several active exploration projects in the vicinity such as Kingfisher Mining's Boolaloo Project, and Cazaly Resources's Ashburton Project along strike of Kooline, targeting Cu-Au, Au and base metals. Talga: Nickel-Copper-Cobalt-Pge and Manganese Project: Comprises one granted exploration licence E08/3420 (Talga West ~185 km2) and one exploration licence application E08/3303 (Talga East ~144km2). It is located approximately 350km north-east of Carnarvon in Western Australia. The project area overlays the `Talga Fault Zone' (TFZ), a major NW-SE fault with historical potential for both nickel-copper-cobalt-PGE and cobalt-bearing manganese mineralisation. Historical surface sampling identified anomalous Ni-Cu-Co mineralisation associated with a large dolerite/gabbro dyke that were never followed up. Moreover, a prior VTEM survey identified numerous geophysical anomalies associated with the dyke which were never drill tested. The interpreted dykes within that Talga project are potentially analogous to the recent `Money Intrusion' dyke that has produced Dreadnought Resources Ltd. /First Quantum Minerals Ltd.'s nickel
sulphide discovery at their Mangaroon project, 130km to the west.