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Volta Metals Starts Second-Phase Drilling to Expand Springer Rare Earth Resource in Ontario

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Volta Metals Starts Second-Phase Drilling to Expand Springer Rare Earth Resource in Ontario

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

Volta Metals has launched a fully funded, second-phase winter drilling program at its Springer Rare Earth Deposit in Ontario, targeting definition and resource expansion to support a planned preliminary economic assessment in 2026. The 16-hole, 5,750-metre campaign builds on strong Phase 1 results that encountered thick intervals of continuous rare earth mineralization, confirmed expansion potential below the historic resource, and highlighted high-value heavy rare earth elements such as dysprosium and terbium, reinforcing Springer’s potential as a strategically important rare earth asset for clean-energy supply chains.

More about Cashbox Ventures Ltd

Volta Metals Ltd. is a critical minerals exploration company focused on rare earth elements, with its flagship Springer Rare Earth Deposit located near Sturgeon Falls in Ontario, Canada. The company is advancing this emerging rare earth asset through staged drilling and technical studies aimed at defining a mineral resource and evaluating its economic development potential within the growing market for materials used in electric vehicles, wind turbines and advanced industrial applications.

Average Trading Volume: 187,924

Technical Sentiment Signal: Buy

Current Market Cap: C$18.82M

Find detailed analytics on VLTA stock on TipRanks’ Stock Analysis page.

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