Volta Metals Ltd. Hits Gallium Throughout

Volta Metals Ltd. has reported widespread gallium mineralization from three drill holes completed at the Springer Rare Earth Element deposit near Sturgeon Falls, Ontario. Gallium was detected throughout the full assayed length of holes SL26-31, SL26-32 and SL26-33, with 90% of 863 samples returning more than 30 grams per tonne gallium oxide.

Hole SL26-31 returned 51.8 grams per tonne gallium oxide over 399.0 metres, including a standout interval of 236.6 grams per tonne gallium oxide and 6.41% total rare earth oxides over 0.5 metres. That interval also contained 6,730 grams per tonne neodymium oxide and 2,598 grams per tonne praseodymium oxide.

Hole SL26-32 averaged 41.5 grams per tonne gallium oxide over 422.6 metres and finished in mineralization. Its lower section returned 1.22% total rare earth oxides and 47.0 grams per tonne gallium oxide over 53.9 metres from 372.1 to 426.0 metres.

Hole SL26-33 returned 39.1 grams per tonne gallium oxide over 399.0 metres. Both SL26-31 and SL26-33 extended gallium mineralization vertically 210 metres past the current open-pit outline.

Gallium is not included in the current Springer mineral resource estimate. Volta Metals Ltd. is targeting an updated estimate incorporating both rare earth and gallium content, subject to positive metallurgical results and receipt of remaining assays.

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