Voltaic Strategic Resources (ASX: $VSR) announces significant uranium potential at Paddys Well project

Voltaic Strategic Resources Limited (ASX: $VSR) has revealed significant uranium potential at its Paddys Well project in Western Australia. The company's proactive review of uranium prospectivity across its projects has unveiled encouraging results, indicating substantial uranium intersections at the Paddys Well project. The recent global resurgence in interest in nuclear power and ongoing discourse within Western Australia regarding potential changes to the current uranium mining policy have prompted the comprehensive review.

Executive Commentary on Paddys Well Project

Paddys Well, our largest project by area, has demonstrated highly prospective uranium potential, along with the geological setting conducive to hosting economic mineralisation. The recent findings further underscore the project's considerable potential to host economic mineralisation, particularly in light of the ongoing global interest in nuclear power. The extensive magnetic and radiometric survey has identified multiple radiometric anomalies across Paddys Well, and we are actively planning follow-up systematic reconnaissance to capitalize on this potential. We eagerly anticipate commencing the next phase of on-ground exploration in the upcoming weeks to further explore the substantial uranium potential within our current tenure. - Michael Walshe, Chief Executive Officer of Voltaic Strategic Resources

Summary of ASX Announcement

Voltaic Strategic Resources (ASX: $VSR) has announced the discovery of significant uranium potential at its Paddys Well project in Western Australia. The company's proactive review of uranium prospectivity across its projects has unveiled encouraging results, indicating substantial uranium intersections at the Paddys Well project. The project's geological setting, including the presence of significant unconformity and major shear zones, has been highlighted as highly prospective for hosting economic mineralisation. The recent global resurgence in interest in nuclear power has further emphasized the project's potential. Voltaic Strategic Resources is planning follow-up systematic reconnaissance to capitalize on the identified radiometric anomalies and is eagerly anticipating commencing the next phase of on-ground exploration in the upcoming weeks. The company's ambitions to explore and capitalize on the substantial uranium potential within its current tenure align with the ongoing global interest in nuclear power and the potential changes to the uranium mining policy in Western Australia.