Highlights

• Voltaic Strategic Resources has told the market it has completed the purchase of Diamandia Pty Ltd, a company.

• The transaction follows a binding share purchase agreement that Voltaic announced to the ASX on 5 October 2026.

• The deferred amounts are tied to the announcement of a JORC-compliant Mineral Resource estimate on any one or.

• Voltaic says its first task is to compile and review historical exploration, geochemical and geophysical data across all.

Voltaic Strategic Resources (ASX:VSR) — has told the market it has completed the purchase of Diamandia Pty Ltd, a company holding three gold exploration projects in Western Australia. Diamandia is now a wholly owned subsidiary of Voltaic.

The transaction follows a binding share purchase agreement that Voltaic announced to the ASX on 5 October 2026. The vendor was Famien Resources Limited , which sold all of the issued shares in Diamandia.

What Voltaic has acquired

Diamandia holds 100% of five granted exploration licences. these make up three separate projects: Rocky Ridge, Three Springs and Tampia West.

Rocky Ridge is made up of tenements E70/6527, E70/6591 and E70/6750. Voltaic describes it as a geologically controlled zone within a broader granite intrusive complex, where mineralisation indicators have been identified along the part of the anomaly tested so far. The company says more than 6.5 kilometres of strike remains untested.

Three Springs is a single licence, E70/6597. Voltaic says aeromagnetic features there are interpreted as folded greenstone and gneiss that have been largely unexplored for gold. A historical auger geochemical program of 1,546 samples is described by the company as indicating high gold prospectivity.

Tampia West, licence E70/6709, lies roughly 20 kilometres west of the Tampia gold deposit. Voltaic says it contains structural and aeromagnetic targets in deformed felsic and mafic gneiss beneath relatively shallow soil cover, which it believes would allow systematic surface geochemistry to assess gold potential.

Terms of the deal

At completion Voltaic paid $330,000 in cash from existing cash reserves. A further deferred payment of up to $2,000,000 in cash is contingent on exploration success, taking the maximum total consideration to $2.33 million.

The deferred amounts are tied to the announcement of a JORC-compliant Mineral Resource estimate on any one or more of the Rocky Ridge tenements, reported at a cut-off grade of at least 0.5 grams per tonne gold. Voltaic must announce each qualifying estimate to the ASX. The company set out four milestones:

- $250,000 for a resource of at least 25,000 ounces of gold

- $250,000 for at least 50,000 ounces

- $500,000 for at least 100,000 ounces

- $1,000,000 for at least 200,000 ounces

Commercial implications

The structure limits the upfront cash outlay to the $330,000 already paid. The larger part of the price is payable only if a resource of the specified size is defined, and none of the milestones has been met. The announcement reports no exploration results and no Mineral Resource estimate for any of the projects, so the figures above are contractual thresholds rather than a statement of what the ground contains.

The projects add to Voltaic's Western Australian exploration portfolio. The descriptions of prospectivity are the company's interpretation of historical and geophysical data, not confirmed discoveries.

Next steps and risks

Voltaic says its first task is to compile and review historical exploration, geochemical and geophysical data across all three projects, then rank targets and define follow-up programs. Initial priorities named by the company are the untested geophysical trend of more than 6.5 kilometres at Rocky Ridge, the auger geochemistry and aeromagnetic targets at Three Springs, and the structural and geophysical targets at Tampia West.

The announcement did not give dates for drilling or other fieldwork, so no exploration timetable has been confirmed. As with any early-stage exploration, results are uncertain, and a milestone payment would arise only if work led to a JORC-compliant resource of the stated size. The release carries the usual forward-looking statement cautions.