Voltaic Strategic Resources Ltd ('Voltaic' or the 'Company') is pleased to announce the progression of its exploration activities at the Meekatharra Gold Project (MGP) in the Murchison region of WA.
This highly prospective area is becoming increasingly recognised not only for its substantial gold endowment but also as an emerging hub for critical minerals such as vanadium.
MGP comprises six granted exploration licences and one exploration licence application (Bundie Bore, Bluebird South & Cue) covering an area of 266 km2 within a prolific gold precinct which has produced several million ounces historically and is home to Westgold Resources, soon to be Australia's newest mid-tier gold producer through a merger with Karora Resources Ltd1 . Westgold's Murchison Operations include four underground mines, two processing plants, and three development projects, all of which are located within trucking distance of Voltaic's tenements, enhancing logistical efficiency and operational synergy for any potential gold discovery.
Exploration update on Voltaic's Meekatharra gold project (MGP) located in the prolific Gold & Critical Metals Murchison region in Western Australia. Centrally located in a highly productive (35M oz + 1 ) and prospective Archean gold province with 4 camps hosting > 2Moz thus far. The MGP tenement package is largely underexplored, despite its proximity to numerous historical and active open pits and underground mines, and geologically prospective structures. Several reconnaissance rock chips have confirmed primary gold mineralization along a quartz vein structural trend, with high-grade results up to 1.5 g/t Au over >150m strike length underlining the area's high prospectivity and the need for detailed follow-up exploration. High-resolution gravity surveys planned which have proven successful in the region for detecting mineralised structures similar to those at Westgold's Great Fingall deposit (1.2Moz @ 19.5g/t Au).
Voltaic's MGP projects are strategically positioned along the prolific Meekatharra greenstone belt, nearby the operations of operators such as Monument Mining (CVE:MMY), and within a short trucking distance to numerous operating mills including Westgold's (ASX:WGX) Bluebird (1.8 Mtpa) & Tuckabianna (1.4 Mtpa), and Monument Mining's mothballed Burnakura mill.
Voltaic Chief Executive Officer Michael Walshe commented on the project's potential. 'The Meekatharra Project represents a significant component of Voltaic's portfolio, given its location in one of Australia's most endowed gold belts. We are excited by the initial findings from our recent explorative efforts, which reinforce the project's potential for hosting significant mineral deposits. Our strategic approach is set to unravel the untapped value of this region, and we look forward to keeping our shareholders updated as we progress'.
The Burnakura Shear Zone (BSZ) - What is the Significance The Burnakura Shear Zone is northeast trending splay that is linked to the north-northeast trending regional scale Mt Magnet fault. The Mt Magnet fault is the major east bounding structure to the 'Meekatharra structural zone', a major regional, northeast-trending shear dominated zone, about 60km wide, incorporating the Meekatharra area and extending through the Cue region as far south as Mount Magnet. Several gold deposits have been discovered along the BSZ, one of which is on the boundary of Voltaic's Bundie Bore tenement E51/1909. The BSZ extends across the entirety of this tenement and has never been drilled below 100 metres
Strategic Geological Setting: The Company's tenure overlays a significant portion of the BSZ and contains a significant amount of dolerite basement rocks which are known to host major gold deposits in the region. Proven Gold Potential: Directly south of Voltaic's E51/1909 tenement, the structural and dilatational zones within the BSZ contribute to a known gold inventory. This includes substantial established gold resources totalling 0.5M ounces of gold with an existing remnant 381k oz at the Federal City, Burnakura, and North of Alliance deposits (Fig. 3). High-Grade Mineralisation: Gold mineralization within this structural corridor is notably associated with interconnected structures across broader geological domains, suggesting extensive untapped potential. Untapped Exploration Targets: These mineralised host rocks intersect with mafic rock contacts along approximately seven (7) km of the BSZ within E51/1909, a segment that remains largely unexplored and is highly prospective for hosting gold mineralisation. Initial Sampling Highlights: Preliminary rock chip sampling from dolerites has unveiled primary gold mineralization at the 'Eldinero prospect' adjacent to the BSZ, marked by a several rock chip samples returning >1.2 g/t Au along a quartz vein structural trend which spans an estimated 150m of strike. This warrants a follow-up exploration program to fully evaluate the extent and economic viability of the mineralization
Promising Geochemical Results from preliminary soil sampling campaign in E51/1946 A regional soil sampling program was completed across the western extents of tenement E51/1946 which was designed to enhance the resolution and augment existing surface geochemical datasets near the critical Turn of the Tide Shear Zone. Initial results have been encouraging, revealing multiple gold (Au) anomalies ranging between approximately 10 to 20 parts per billion (ppb) associated with gabbro and localized dolerite formations, as well as adjoining felsic volcanic rocks (Fig. 5). These findings underscore the potential mineralisation within these geological settings and necessitate detailed follow-up investigations. Additionally, in the southeastern sections along the contacts with ultramafic schist, we have identified several high-priority gold anomalies, with concentrations reaching up to 370 ppb and extending over an approximate area of 1 kilometre. These significant geochemical signatures warrant an accelerated follow-up program, including structural analysis and detailed geological mapping, to better define and prioritise targets for drill testing. The distribution of these anomalies, particularly in areas historically underexplored for gold, suggests that the underlying geological processes may be more complex and widespread than previously understood. This enhances the prospectivity of the region and supports the strategic expansion of our exploration efforts to include broader geochemical analysis and deeper geophysical which is discussed further below.
Exploration Model: Utilising Proven Geophysical Techniques in the Region Leveraging High-Resolution Gravity Surveys for Advanced Target Identification The Company intends to advance its exploration strategy by adopting high-resolution gravity geophysical surveys, a proven technique in detecting significant mineral deposits under cover in the region, as demonstrated by neighbouring Westgold Resources' discoveries at Great Fingall and Golden Crown3 . Voltaic's focus is on a geologically similar environment, dominated by basalts and dolerites within the BSZ, analogous to the terranes that host over 1.5 million ounces of gold at the nearby Great Fingall (>1.2 Moz) and Golden Crown (>288 koz) deposits. These deposits and their source faults were invisible in previous geophysical and geochemical data sets. These linking faults host significant 'blind' gold deposits that do not outcrop at surface, demonstrating the critical role of advanced geophysical techniques in mature, prolific gold districts. To illustrate the effectiveness of these surveys, The superior resolution of Westgold's data enabled the identification of key geological offsets in hanging and footwall basalt contacts, leading to the delineation of multiple drill targets and significant gold discoveries. This strategic use of advanced gravity surveys is critical to our exploration model going forward and is expected to significantly enhance our ability to efficiently locate and assess high-potential mineralized zones within our project area.
Corporate Update
The Company is pleased to report robust proforma cash reserves of $7.25 million4 , which enable us to continue advancing our exploration activities at the Meekatharra and Paddys Well projects. These reserves also provide us the flexibility to actively pursue potential acquisition opportunities. Our strategic focus is on securing an advanced-stage asset with a clear path to near-term development, which aligns with our goal to enhance our portfolio and accelerate shareholder value. We are committed to minimising high-cost exploration activities in current market conditions, judiciously using our resources to improve the value of our existing project portfolio. This balanced approach ensures we maintain sufficient capacity to acquire a compelling advanced-stage project at an attractive valuation when the opportunity arises.
Contact:
Tel: +61 8 6245 9821
Email: info@voltaicresources.com
Competent Person Statement
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 forward-looking 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. Furthermore, this announcement contains forward-looking statements which may be identified by words such as 'prospective', 'potential', 'believes', 'estimates', 'expects', 'intends', 'may', 'will', 'would', 'could', or 'should' and other similar words that involve risks and uncertainties. These statements are based on several assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions, and other important factors, many of which are beyond the control of the Company, the Directors and management of the Company. These and other factors could cause actual results to differ materially from those expressed in any forward-looking statements. The Company cannot and does not give assurances that the results, performance, or achievements expressed or implied in the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements.
WESTGOLD RESOURCES LIMITED 
