Volta Reports Additional High-Grade Gallium Mineralization at Springer REE Project

Executive Summary

• Volta Metals reports high‑grade gallium mineralization from drill hole SL25‑23 at the Springer Rare Earth Project, extending over a 131.9 m interval with an average of 81.2 g/t Ga₂O₃ (plus 1.4 % TREO).
• The intercept includes a standout zone of 109.9 g/t Ga₂O₃ (plus 2.5 % TREO) over 15.7 m and a peak of 332.0 g/t Ga₂O₃ over 1 m, among the highest continuous gallium grades reported in North America.
• Volta has engaged SLR Consulting to update its resource estimate, expected by end‑February 2026, positioning the project as a near‑term catalyst.

Key Details

• Hole SL25‑23 – Primary Intercept: 81.2 g/t Ga₂O₃ (1.4 % TREO) over 131.9 m (59.6 – 191.5 m).
• High‑Grade Sub‑Intercept: 109.9 g/t Ga₂O₃ (2.5 % TREO) over 15.7 m (175.8 – 191.5 m).
• Peak Assay: 332.0 g/t Ga₂O₃ over 1.0 m (82.0 – 83.0 m).
• Gallium grades classify as high‑grade (>60 g/t Ga₂O₃) per industry benchmarks; the reported intervals are the widest and most consistent high‑grade gallium intercepts at Springer to date.
• Historical 2012 resource (non‑compliant with current CIM standards):
• Indicated: 4.2 Mt @ 1.14 % TREO, 0.02 % ThO₂ (≈6 % HREO).
• Inferred: 12.7 Mt @ 1.17 % TREO, 0.01 % ThO₂ (≈4 % HREO).
• No gallium was included in the historic resource; current results suggest a significant new component.
• QA/QC: Diamond NQ‑size core, reference standards inserted every 20 samples, analysis by SRC using Code 8‑REE assay (ICP/ICP‑MS). All standards within ±2 σ.
• Resource Update: SLR Consulting hired to incorporate 2025 drill program data; update slated for completion by end of February 2026.

Notable Quotes

“These new gallium results further confirm the scale and continuity of mineralization at Springer… Long, consistent intervals of high‑grade gallium are rare in North America… Springer continues to demonstrate its strategic importance and growing value.” – Kerem Usenmez, President & CEO