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 multiple priority target areas with analogous ASTER signatures to the adjacent Red Dirt Metals Yinnietharra lithium discovery, Voltaic is extremely encouraged to have found a high density of pegmatite occurrences at one of its priority targets, "Morpheus", as well as several other aster targets within granted tenement E09/2503 during the latest field reconnaissance. Encouragingly, many hallmarks of Yinnietharra have been observed: Pegmatoid pods with east-west (EW) 270° structural orientation; Evident fractionation within pegmatites i.e. tourmaline, white micas & feldspars; and Pegmatite occurrences found within both pelitic schists and granitic contacts.

ASTER Targeting: A hyperspectral remote sensing (HRS) survey was undertaken in March 2022 utilising LANDSAT and ASTER satellite data. Known lithium-caesium-tantalum (LCT) occurrences were used to characterise the spectral signature of potential lithium occurrences within the area and over 20 priority targets were identified . Multiple HRS targets have been interpreted to display highly analogous signatures to the adjacent Yinnietharra lithium discovery, and a portion of these were targeted during Voltaic's December 2022 field reconnaissance program (portions of TT14, TT15 & TT16).

Encouragingly, all three target areas were observed to have extensive occurrences of outcropping pegmatoids and thirty-four (34) of these occurrences were directly sampled to assist lithium-tantalum vectoring geochemistry. This newly identified priority target area has been named the "Morpheus" target. To date, less than 10% of the 21 priority ASTER targets have been tested, and the ASTER targets appear to strongly correlate with the presence of pegmatite occurrences.

As a consequence, it is thought that the number of potential pegmatoid occurrences at Ti Tree to be of the order of several hundred or greater. The most effective next steps would be detailed mapping and direct outcrop sampling to aid target generation, geochemical vectoring, and drill ranking. Rockchip Sampling at Ti Tree: Extensive rockchip sampling has been undertaken at Ti Tree South (EL09/2505) with eighty (80) samples collected during the phase-1 reconnaissance program (SeptemberOctober 2022) and a further thirty-eight (38) samples were taken during the latest phase-2 program, thirty-four (34) of which were pegmatites.

All samples have been submitted for multi-element analysis and the results from phase-1 are expected within 4-6 weeks, with phase-2 assays anticipated in February 2023. The frequency of fractionated /altered felsic pegmatites observed is encouraging, with tourmaline, white micas, and massive feldspar widespread throughout the tenure. Additionally, a wide spectrum of pegmatite crystal sizes have been noted with both coarse, medium and fine-grained specimens amongst the samples.

Equally important is the observation that pegmatite occurrences were found within both pelitic schists and granitic contact settings which is identical to the neighbouring Yinnietharra Lithium discovery and alludes to significant lithium scale potential across the prospective 22 km Volta corridor.