Volta Confirms Continuity and Extends KHZ Zone in Central Area of the Kiaka Gold Project
Friday, Sep 03, 2010
Volta Resources Inc. ("Volta" or the "Company")
(TSX: VTR) today announced the latest results from the drilling program
completed in July on the company's Kiaka Gold Project. The Kiaka project is
located approximately 120 kilometres southeast of Ouagadougou, the capital
city of Burkina Faso. To date, 155 holes (22,818 meters) have been drilled
in the Central Area. This news release reports on some of the holes that
were drilled in June and July 2010 which were not used in the previously
announced NI 43-101 compliant resource estimate for the Central Area at
Kiaka (see news release of June 29th).
A total of 44 holes for 5,738.12 meters were drilled in June and July 2010.
The results reported below relate to infill holes drilled to confirm
continuity of the Kiaka hanging-wall zone ("KHZ") between 5350N and 5750N
and to test the northward extension of the same KHZ zone to 6100N.
Kevin Bullock, Volta's CEO, said, "These consistent results point to
continuity of gold mineralization in the KHZ zone. We believe the
significant intersections encountered will enhance the gold resources
attributable to the KHZ within the heart of the Central Area and also along
strike to the north."
Results for the holes covered by this news release are highlighted in Table
1 below. Highlights from former Randgold (labeled with prefix RRL) and Volta
holes have been added to the table in order to better appreciate the extent
and geometry of the mineralization. Analyses of the Volta samples were
undertaken by fire assay on a 50g charge at ALS Chemex Laboratories in
Ouagadougou. Volta's sampling and assay procedures included QA/QC elements
that employed the inclusion of certified standards and blanks.
The current drilling has enabled the tracing of significant mineralization
in the KHZ for 750 meters, from section 5350N to section 6100N. The KHZ in
the Central Area falls within the area of the open pit shell defined by SRK
(UK) during the definition of the NI43-101 compliant resource however the
results in this released were not received prior to the cut-off date in June
2010.
The company will shortly release the results from drilling undertaken just
south of the defined resource in the Central Area and from exploratory
drilling undertaken in the South Area.
Under the guidelines of National Instrument 43-101, the qualified person for
the Kiaka Gold Project is Mr. Guy Franceschi, Vice President, Exploration
for Volta. Mr. Franceschi is a member of the European Federation of
Geologists and has reviewed and approved the contents of this news release.
Volta is a mineral exploration company primarily focused on becoming a
leader in the identification, acquisition and exploration of gold properties
in West Africa. The Company is currently fast-tracking its flagship Kiaka
Gold Project, located in Burkina Faso, towards a development decision.
Source: Canada Wire




Bookmark with: