Voltaic Sharpens Gold and Rare Earth Targets Ahead of 2026 Drilling

Voltaic Strategic Resources has refined its exploration models at Meekatharra and confirmed significant rare earth and gallium mineralisation at Paddys Well, setting the stage for a focused drilling campaign in 2026 backed by a strong cash position.

  • Refined geological models and high-priority drill targets at Meekatharra’s Ark and Noa Corridors
  • Confirmed scalable rare earth element and gallium mineralisation at Paddys Well
  • Planned 5,000m RC drilling campaign at Meekatharra scheduled for Q2 2026
  • Strong cash and liquid investments totaling approximately A$8.9 million
  • Ongoing metallurgical testing and resource definition work at Paddys Well
An image related to Unknown
Image source middle. ©

Exploration Progress at Meekatharra

Voltaic Strategic Resources Limited (ASX – VSR) has reported significant advances in its exploration activities for the quarter ending 31 December 2025, focusing on its Meekatharra Gold Project in Western Australia. The company has refined its geological model at the Bundie Bore tenure, particularly across the Ark and Noa Corridors, which are now identified as key zones for gold mineralisation. A structural reinterpretation combined with geochemical data supports the presence of a NOA-style gold system within the Burnakura Shear Zone, with mineralisation controlled by west-dipping, north-plunging shoots.

This updated understanding highlights that previous drilling may have under-tested the system due to suboptimal hole orientations and shallow depths. Voltaic has therefore designed a targeted reverse circulation (RC) drilling program of approximately 5,000 metres, planned to commence in the second quarter of 2026, to test these high-priority targets more effectively.

Rare Earth and Gallium Potential at Paddys Well

At the Paddys Well Project, also in Western Australia, Voltaic has confirmed two distinct magnet rare earth oxide (MREO) and gallium (Ga) mineral systems at the Neo and Link prospects. These are situated within a 2.5-kilometre prospective corridor along the Chalba Shear Zone. The company’s exploration model suggests a scalable clay-hosted REE-Ga system with mineralisation starting from surface and extending towards a potential primary basement source.

Neo has delivered consistent and thick mineralisation, with reported intercepts such as 78 metres at 1,001 ppm total rare earth oxides (TREO) from surface, including higher-grade zones. Gallium oxide grades at Neo are notable, with continuous near-surface enrichment averaging 40–43 ppm over significant intervals, comparable or superior to typical bauxite sources. At Link, discovery drilling confirmed high-grade REE mineralisation, including 15 metres at 1,085 ppm TREO.

Financial Position and Corporate Outlook

Voltaic ended the quarter with a robust financial position, holding A$1.845 million in cash and listed securities valued at approximately A$8.88 million as of late January 2026. This liquidity supports the company’s planned exploration programs and provides flexibility to pursue additional value-accretive opportunities. Operating cash outflows were modest at $154,000 for the quarter, with exploration expenditure capitalised at $283,000.

Meanwhile, the Ti Tree lithium project remains under joint venture review with Delta Lithium, and no material activity occurred at the Kooline gold and base metals project during the quarter. The company continues to prioritise its portfolio, focusing capital and resources on its highest-potential assets.

Looking Ahead

Voltaic’s near-term plans include commencing the Meekatharra drilling campaign in Q2 2026, alongside further drilling and metallurgical test work at Paddys Well to support a maiden JORC resource estimate. The combination of gold exploration and critical minerals development positions the company well within strategic supply chains, particularly given the growing importance of gallium in advanced technologies.

Bottom Line?

With drilling imminent and metallurgical work underway, Voltaic is poised to translate its geological insights into tangible resource growth.

Questions in the middle?

  • Will the upcoming Meekatharra drilling confirm the interpreted high-grade gold shoots at depth?
  • How will metallurgical testing impact the economic viability of the Paddys Well REE-Ga system?
  • What strategic moves might Voltaic make to leverage its strong cash position for acquisitions or partnerships?