Voltaic Strategic Resources Limited 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. Highlights: Maiden drill program completed at Neo rare earth elements (REE) prospect, Paddy's Well Project, Gascoyne Region, Western Australia. Multiple stacked zones of REE mineralisation confirmed within shallow clay cover with significant intervals (up to 30m true width) identified from near surface.

Total of 14 reverse circulation/blade (RB) holes for 710m, and 14 auger vacuum (AV) holes for 159m drilled. Significant preliminary pXRF results from the five RB drillholes has identified widespread REE- enriched zones with mineralisation remaining open at depth and along strike: Peak pXRF assay: 9,000ppm TREO2 (0.9% w/w pXRF) (from 55m NEORB002) Peak intercept: 27m at > 1,000ppm TREO (pXRF) (from 45m NEORB002) Carbonatite indicator minerals (monazite & rhabdophane) identified from scanning electron microscope (SEM) analysis. Regional pXRF soil surveys are expanding REE footprint within a significant 6 km x 2 km target corridor; several >1,000ppm TREO zones identified at surface on all lines completed so far.

Works commenced earlier this year 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 (TREO) drill results and significantly expanded the target area with mineralisation remaining open at depth and along strike.