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Volta Intersects 0.81% Total Rare Earth Oxide and 68.13 g/t Gallium Oxide over 688m at Springer REE Project in Ontario, Canada

Press Release

HIGHLIGHTS

  • SL26-35 contains the longest REE-Ga mineralized interval to date at Springer.
  • Gallium and Rare Earth Elements are designated critical minerals by Canada, the U.S., and EU, vital to semiconductors, defense, and clean energy. At 688 metres (“m”), this is one of the longest mineralized intervals ever reported at a North American REE project, with grades that rank among the continent’s best:
    • 0.81% TREO and 68.13 g/t Ga2O3 over 688 m, from 4.6 m to 693.0 m, including. o 1.01% TREO and 79.02 g/t Ga2O3 and over 210 m, from 366 m to 576 m.
  • The hole also significantly extends the REE-Ga mineralization approximately 180 m laterally and 260 m vertically from the current open pit shell.
  • Premium magnet Heavy and Light Rare Earth Elements intersected include 7.1 m of:
  • Terbium up to 23 g/t Tb4O7 and Dysprosium up to 94 g/t Dy2O3.
  • Gadolinium up to 255 g/t Gd2O3 and Samarium up to 468 g/t Sm2O3.
  • Neodymium up to 3,063 g/t Nd2O3 and Praseodymium up to 860 g/t Pr6O11.

Volta Metals Ltd. (CSE: VLTA) (FSE: D0W) (OTCQB: VOLMF) (“Volta” or the “Company”) is pleased to announce drill core assay results from SL26-35, the longest drill hole of the 2026 winter drill program at its Springer Rare Earth Element deposit (the “Property”), near Sturgeon Falls, Ontario, Canada. Drill hole SL26-35 intersected a significant 688 m interval of Gallium and Rare Earth Element (“Ga-REE”) mineralization grading 0.81% Total Rare Earth Oxides (“TREO”) and 68.13 g/t Ga2O3 from 4.6 m to 693.0 m depth.

From January to April 2026, Volta completed a 13-hole drill program at the Springer deposit (SL26-27 to 39) totalling 5,452 m. The drill program was designed to upgrade the current mineral resource estimate (“MRE”) through infill drilling, while also expanding the known REE-Ga mineralization. Drill hole SL26-35 intersected a carbonatite dyke from west to east, demonstrating strong continuity of the REE-Ga mineralization. The hole also significantly extends the Ga-REE mineralization approximately 180 m laterally and 260 m vertically from the current open pit shell. (Figure 1).

“A 688 m continuous intersection of gallium and rare earth mineralization extends our deposit footprint well beyond the current pit shell. With geopolitical pressure on critical mineral supply chains intensifying, the scale and quality of what we are discovering and advancing at Springer puts Volta in a position we are very proud of.” Kerem Usenmez, President & CEO, Volta Metals Ltd.

Assay highlights are given in Table 1. Drill hole SL26-35 contains significant amounts of individual REEs as shown in Table 2. Assays are pending for additional drill holes. Drill hole SL26-35 collar coordinates are given in Table 3.

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