Voltaic Strategic Resources Limited has identified malachite-rich gossanous material across an approximately 100-metre area at the El Dinero prospect within its Meekatharra Project in Western Australia.

Initial portable XRF analysis of four selected rock samples returned average indicative copper readings ranging from 1.88% to 8.31% Cu. The company collected 40 rock samples during the field program, with 36 targeting gold mineralisation and four copper-mineralised samples submitted for further laboratory analysis.

Voltaic acquired 100% of the Bundie Bore Burnakura gold corridor tenements, including E51/1909 and E51/1946, located in the Murchison gold belt.

The semi-quantitative portable XRF readings were taken from visibly mineralised portions of the samples and serve as a preliminary exploration tool rather than a representative whole-rock grade. Laboratory analysis of the collected samples is currently underway.

“These are encouraging early observations from our return to field exploration at Meekatharra. Importantly, El Dinero is not a new copper occurrence, with previous laboratory rock-chip assays having confirmed copper-gold mineralisation at the prospect, including up to 2.57% copper and 2.25 g/t gold. The identification of further malachite-rich material across multiple locations provides a clear basis for systematic follow-up work. Our immediate priority is to complete laboratory analysis of the samples collected and return to the field to better define the extent of the mineralised system and develop targets for potential drilling”

— Daniel Raihani, Chairman

Following the laboratory phase, Voltaic plans to return to the El Dinero prospect to conduct systematic geological mapping and surface sampling. The company will also progress heritage, access and permitting requirements to refine and prioritize targets for potential maiden drilling.

Read the full announcement: Field Work Identifies Malachite-Rich Copper Target El Dinero