Volta Confirms Springer as Top-Tier North American Rare Earth Deposit

Cashbox Ventures Ltd ( (TSE:VLTA) ) has provided an announcement.

Volta Metals has filed an independent NI 43-101 technical report confirming a major upgrade to the mineral resource estimate at its Springer rare earth element deposit in Ontario. The study, prepared by SLR Consulting, elevates Springer to one of the largest rare earth deposits in North America and underscores the project’s quality, scale and growth potential.

The updated estimate shows Indicated resources rising to 56.6 million tonnes at 0.70% total rare earth oxides and Inferred resources expanding to 119.5 million tonnes at 0.58% TREO, both including higher-grade near-surface cores. Volta is advancing a Phase 2 drill program and metallurgical work toward a preliminary economic assessment targeted by the end of 2026, while additional upside remains from gallium mineralization not yet incorporated into the resource, signaling further potential value for stakeholders.

More about Cashbox Ventures Ltd

Volta Metals Ltd. is a Toronto-based mineral exploration company focused on developing the Springer rare earth element deposit near Sturgeon Falls, Ontario. The project benefits from existing infrastructure and targets key rare earth oxides such as praseodymium and neodymium, positioning Volta within the growing North American critical minerals supply chain.

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