Volta Metals Drills 165.3m at 1.36% TREO at Springer: Gallium and Heavy Rare Earth Headlines Need a Closer Look

Highlights

• Hole SL26-29 returned 165.3m at 1.36% TREO plus 68.6 g/t Ga₂O₃—not elemental gallium, a key distinction for investors
• Springer's resource is Pr-Nd driven, with ~90% of modeled net metal value from praseodymium and neodymium, not gallium or heavy rare earths
• The standout Dy-Tb interval in SL26-30 is only 3 metres wide, limiting its significance at deposit scale
• Gallium occurs throughout long drill intervals but is absent from the current resource pending metallurgical recovery confirmation
• Volta targets an initial gallium resource and updated REE resource in Q4 2026, with no outcome guaranteed