Voltaic Strategic Resources Limited provided an update on its Ti Tree project, located in the Gascoyne region of Western Australia. Assays have been received for the maiden surface geochemical sampling campaign and have confirmed that the in-situ granitic intrusions across the entire project area are fertile for lithium (Li) mineralization. This is highly significant at such an early stage of the project's evolution and has resulted in an expansion of the Volta corridor to 40km strike length and the identification of 3 priority drill targets.

In addition to confirming the presence of fertile source (parental) rocks for hosting LCT pegmatites, further geochemical analysis has identified that several of the rockchip samples have anomalous tantalum (Ta) and caesium (Cs), and display the same chemical composition and texture as typical LCT pegmatites (highly fractionated and containing Cs, Ta and/or tourmaline). This further strengthens the prospectivity for hosting a true LCT system. It is worth noting that the Yinnietharra (Malinda) lithium discovery was initially identified as a prospect from fertility analysis undertaken by Segue Resources Ltd. in 2016.

Segue demonstrated that the Thirty-Three Supersuite (TTS) granitic belt is unequivocally fertile and hence, the likely source of lithium mineralization in the region. The TTS underlies both the Yinnietharra lithium discovery and Voltaic's Ti Tree tenements (the 80 km strike Volta corridor). Significance of the Results: The results highlight the potential for an economic LCT discovery within the project area from the favorable geochemistry of the initial rockchip results and the extensive occurrence of pegmatite outcrop throughout the tenure.

The nature of LCT pegmatites limits the number of applicable exploration tools that can be utilised due to their typically non-responsive geophysical characteristics: non-magnetic, non-conductive and may not be distinguishable from surrounding rocks utilising gravity methods (Cerny 1989). Hence, geochemical exploration is key, and the company is encouraged by these favourable initial rockchip results. The pegmatites at Ti Tree may originate from the same fertile granitic source as the Yinnietharra lithium discovery, which further underpins the prospectivity at the project.

Voltaic's Ti Tree project is along strike, both north-west and south-east, of the Yinnietharra project and both are underlain by the Thirty-Three Supersuite (TTS) granites, which company has now demonstrated to be fertile from favourable rockchip geochemistry. Red Dirt Metals Limited are actively drilling 90,000m into the Yinnietharra project and other regional targets. Initial drill results for the `M1 pegmatite' are significant and include 56m at 1.12% Li 2O from 94m (YNRD005), and visual identification of spodumene within multiple holes.

M1 shows significant down-dip continuity with excellent Li2O grades from surface, which is very encouraging for the entire region. From the fertility analysis of these initial rockchips, Voltaic has identified a significant increase in the prospective LCT "goldilocks" corridor from 22km to 40km strike length within the Ti Tree tenure, which is highly significant. The pegmatites at Ti Tree may originate from the same fertile granitic source as the neighbouring Yinnietharra lithium discovery.

A comparison is also made to Voltaic's journey so far at Ti Tree, and company is encouraged by the progress made within initial three months of exploration. Upcoming Exploration: `Phase 3' of ground reconnaissance at Ti Tree is planned for February/March 2023 and will comprise further geochemical sampling and planning for the subsequent regional soil sampling campaign. The regional broad-coverage soil sampling campaign is planned to commence in February 2023 for the entire Volta corridor and will comprise 8,000 soil samples in total.

Phase-1 will commence at Ti Tree South E09/2503 & E09/2470 (3,000 samples), with follow up phases thereafter across Volta. This campaign will provide geochemical data over the entire prospective corridor and will target the schists within Volta. A high-resolution UAV drone survey is planned for February 2023 and will provide detailed high-resolution imagery to assist with regional geological mapping and identification of pegmatite outcrops.

Detailed geophysical and structural interpretation analysis is underway in collaboration with Southern Geoscience Consultants (SGC), to complement the Company's pipeline of targets. Follow-up geophysical surveys may commence in March/April 2023, depending on the results from SGC's assessment. Reverse circulation drilling will follow priority target ranking.