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Volta launches crucial study at Falcon West

Mar 22, 2024

Volta Metals Ltd. has commenced a structural targeting study as part of ongoing exploration at the company's Falcon West Lithium Property, in northwestern Ontario. Interpretation of its recently completed discovery drill program, in conjunction with geochemical soil data and a high-resolution drone magnetic survey, has identified multiple high-priority targets for follow-up as part of its planned 2024 exploration program. 

In summary, the recent drill holes confirm the presence of at least 6 near-surface spodumene-albite pegmatite-hosted lithium, cesium, and tantalum pegmatites discovered within an approximately 300 by 300-meter structural corridor that remains open for expansion.

In preparation for its 2024 field season, the Company has initiated a detailed structural geology study to further understand this newly discovered Li system. 

The company's technical advisor, Dr. Fred Breaks, commented, "We have commenced a study that may uncover the structural signatures to advance the Falcon Project further. Structural geology is one key to understanding the emplacement and evolution of lithium-bearing pegmatites. The structural study is crucial at this project stage and will further generate prospective targets for our exploration program."

The company's soil geochemical survey has identified several large geochemical pathfinder anomalies immediately adjacent to and along the strike from the recently discovered pegmatites. This suggests that the system is open for expansion under glacial till cover. 

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Figure 1. Soil Anomalies obtained from 2023 exploration program

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The Company also completed a drone magnetic survey over the property as part of the 2023 exploration program. The magnetic data suggest that the newly discovered pegmatites are related to a broad magnetic low (Figure 2). 

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Figure 2. Magnetic survey map of Falcon West Lithium Project 

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The Company is currently finalizing its 2024 exploration program, which will include further geochemical sampling, mechanized trenching, and, contingent on results, diamond drilling.


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