Volta Reports Widespread Gallium Presence in Springer Drill Program
Volta's recent drilling at the Springer REE deposit confirms widespread gallium presence, crucial amid global supply risks. An updated mineral resource estimate is expected later in 2026, integrating gallium and rare earth data.
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Volta's drilling program at the Springer REE deposit involved 13 holes and 5,452 meters from January to April 2026, designed to enhance the current mineral resource estimate. Results indicate that gallium is consistently present across the deposit, independent of rare earth grades, with significant findings including 236.6 g/t Ga2O3 and 6.41% total rare earth oxides.
The company plans to release an updated mineral resource estimate later in 2026, following the completion of assays for the remaining drill holes. The global critical minerals market faces gallium supply risks, with China's control over production and export licenses impacting security for the U.S. and allied nations.
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