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Volta Metals doubles rare earth resource at Springer, adds first gallium estimate, targets 2027 economic assessment

Market News
19 Oct 2026
Newsfile Corp
View Source
Bullish
Volta Metals doubles rare earth resource at Springer, adds first gallium estimate, targets 2027 economic assessment

Volta Metals announced a 116% increase in indicated rare earth resources at its Springer deposit in Ontario, now ranking fifth largest in North America by tonnage. The high-grade core expanded 140%, and for the first time, a supplementary gallium estimate was included, highlighting potential for this critical semiconductor metal. The deposit benefits from excellent infrastructure and low strip ratio, making it a promising source of magnet rare earths and gallium outside China. Volta plans further drilling and metallurgical tests to optimize recovery and aims to deliver a Preliminary Economic Assessment by mid-2027.

Volta Metals' resource update provides context for readers. For those tracking Basic Materials, here is Pluang's market snapshot as of Oct 19, 2026 16:01 WIB: out of 83 US stocks, 41 rose and 26 fell. Notable movers include CLF at USD 12.33 (+1.73%), MP at USD 40.82 (+1.62%), and CENX at USD 35.59 (+1.60%).

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