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Volta discovers new lithium-bearing pegmatite at Falcon West near Armstrong

Sep 25, 2023

"We are extremely pleased with the progress to date on the Falcon West Property as the spodumene pegmatite swarm appears to be expanding to the west and is now exposed over a 100m by 250m area," the company's technical advisor, Dr. Fred Breaks said. "We believe additional pegmatites may occur in either direction, based on the mineralogical fractionation present."

Volta Metals Ltd. is pleased to announce the discovery of a new lithium-bearing pegmatite dyke at its Falcon West Lithium property in the emerging Seymour-Falcon Lithium field in Northwest Ontario, Canada. The lithium pegmatite system on Company's property now extends intermittently over a 100m by 250m area and remains open for expansion in all directions. The contact zones of the four constituent spodumene pegmatites have yet to be identified and will be the focus of ongoing exploration. 

The previously undocumented spodumene pegmatite showing, named "AM", lies 148m west of the Falcon Far West showing (Figure 1.), which returned channel samples of up to 1.95% Li2O (see news release dated June 19, 2023). This newly discovered Lithium showing is surrounded by thick overburden and the dyke width is currently unknown. 

The pegmatite is hosted in metasediment units and has minimum dimensions of 3m in length and over 6m wide. Spodumene crystals (the primary lithium mineral) of up to 50cm in length were noted and detailed field mapping estimates the visible spodumene content of approximately 50% (Figure 2). Follow-up exploration will include mechanized removal of overburden to further delineate this significant discovery as part of the ongoing drill target definition.

The Company has channel-sampled all four outcropping Lithium pegmatites, in addition to screening overburden-covered areas with geochemical soil sampling. Rock samples are sent to ActLabs in Thunder Bay for geochemical analyses, and soil samples are sent to SGS Mineral Services Lab in Burnaby, B.C. Contingent on receiving the necessary approvals, the Company is planning to drill test these targets in Q4. 

Volta's CEO, Kerem Usenmez, P.Eng., commented, "This is the second Lithium discovery this month at Falcon West which we believe forms part of an emerging Lithium pegmatite swarm. All outcropping lithium pegmatites discovered to date remain open for expansion in all directions, including depth and the exploration team is confident that additional extensions to the LCT system will be forthcoming." 


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