Volta Metals, a Canadian mineral exploration company, has successfully completed the acquisition of the ZigZag Lithium property, further solidifying its position in Ontario’s growing lithium sector. The deal, valued at $350,000 (C$487,600), also includes the resolution of any outstanding claims related to litigation with Integral, the previous holder of the property.
The ZigZag property is strategically located adjacent to Volta’s existing Falcon West lithium project in north-western Ontario, which enhances the company’s land package in one of the most promising lithium regions in Canada. The project is known for its high-grade lithium mineralization, particularly the Dempster East Lithium showing, which has returned assay results as high as 3.67% lithium oxide (Li2O).
The ZigZag property spans 2,710 hectares, and when combined with Volta’s nearby Falcon West and Crescent Lake Lithium projects, the company now controls a significant land position totaling 8,287 hectares. This expanded area increases the strike length of known high-grade lithium occurrences to more than 10 kilometers, further bolstering Volta’s exploration potential in the region. The ZigZag property also lies along the geological extensions of Green Technology Minerals’ Seymour Lithium belt to the southwest, and Volta’s own Falcon West Lithium System to the east.
Notably, the Dempster East pegmatite, located centrally within the ZigZag project area, has historically produced samples with up to 3.67% Li2O over a 0.3-meter section. Spodumene crystals, a key lithium-bearing mineral, are visibly present in outcrops, with crystal sizes ranging between 3 and 15 centimeters, suggesting consistency and potential for further exploration.
The acquisition strengthens Volta Metals’ position within a critical lithium belt in Ontario and positions the company for further growth. CEO Kerem Usenmez highlighted the strategic value of the acquisition, stating that the ZigZag property could potentially host multiple lithium systems, with the Seymour-Crescent belt to the southwest and the Falcon West system to the east.
“This acquisition cements Volta’s position within this critical belt and gives us an excellent opportunity to expand on known mineralized pegmatites and discover new ones,” Usenmez said. “With our proven success in discovering lithium-bearing pegmatites at Falcon, this project significantly adds to our growth strategy, providing us with one of the best land positions in Ontario.”
Volta Metals has demonstrated a strong commitment to advancing its lithium exploration efforts in the region, and the acquisition of ZigZag is another step towards unlocking the full potential of its substantial land holdings in Ontario’s lithium-rich geology.
