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Volta Resources Inc

Publié le 24 octobre 2012

Intersects 126.0M At 1.90G/T Gold (Uncut) At Its Kiaka Gold Project In Burkina Faso And Confirms Str

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Mots clés associés :   Burkina Faso | Ghana | Report |

Wednesday, October 24, 2012
TSX: VTR

Volta Resources Intersects 126.0M At 1.90G/T Gold (Uncut) At Its Kiaka Gold Project In Burkina Faso And Confirms Strike And Depth Extent Towards The North

- also 81.80 meters at 1.48g/t gold, including 7.0 meters at 10.15g/t gold -
- 249.55 meters at 0.86g/t gold, including 16.90 meters at 2.32g/t gold -

Toronto, ON -- October 24, 2012 - Volta Resources Inc. ("Volta Resources" or the "Company") (TSX: VTR) announces additional results from the ongoing 2012 drilling program (Phase 4) on the Central Area at its Kiaka Gold Project in Burkina Faso. The Phase 4 program is focused principally on infill drilling those areas where Inferred category resources occur within the open pit shell defined in the pre-feasibility study ("PFS", see News Release of 3 May 2012). The aim is to enhance a portion of these Inferred Resources into the Indicated category, thereby allowing them to be converted to Mineral Reserves so that they report to ore and not waste. This +30,000m drilling program is also testing the area between the Kiaka Central Area and the Kiaka South Area. Shallow RC drilling has also been undertaken adjacent to identified mineralization to cover the full extent of the proposed PFS pit.

In the Kiaka Central Area, Volta Resources has already defined NI 43-101 compliant resources including 117.42 million tonnes @ 1.07 g/t Au for 4,029,000 ounces in the Measured and Indicated categories and 29.96 million tonnes @ 1.00 g/t Au for 1,000,000 ounces in the Inferred category (see News Release of March 21, 2012) which include Proven and Probable Mineral Reserves of 126.08 million tonnes at a diluted grade of 0.96 g/t Au for 3.89 million ounces of gold within a single open pit (see News Release of May 3, 2012). In addition, Volta Resources has recently announced a maiden NI 43-101 compliant Mineral Resource estimate for the Kiaka South deposit, located some 700m southwest of the Company's Kiaka Central Area. The estimate includes 1.84 million tonnes @ 2.0 g/t Au for 118,000 ounces in the Measured and Indicated categories (see News Release of September 27, 2012).

The current press release includes the results from 110 drill holes located in the northern half of the Kiaka Central Area (see Figure 1), between Section 5650N and Section 6500N as well as one hole located in the southern part of the prospect. These holes, totaling 16,434m of drilling, comprise respectively 32 core holes (11,632m) and 79 reverse circulation holes (4,802m). The results confirm the extension of the gold mineralization at depth and along strike in the Kiaka Central Area. They show that gold mineralization can be continuously traced to over 350m vertical depth in the northernmost part of the area (sections 6100N and 6200N). Intersection highlights (based on uncut assays) from the current reported holes include:
  • KDH346 :   11.00m @ 1.96g/t Au, including 5.0m @ 3.83g/t Au AND
  • KDH346 :   16.70m @ 1.77g/t Au,
  • KDH347 :   170.50m @ 0.83g/t Au, including 19.00m @ 1.51g/t Au
  • KDH350 :   249.55m @ 0.86g/t Au, including 16.90m @ 2.32g/t Au
  • KDH351 :   126.00m @ 1.90g/t Au, including 9.20m @ 4.84g/t Au AND 24.00m @ 3.02g/t Au
  • KDH356 :   73.00m @ 1.39g/t Au, including 5.00m @ 7.45g/t Au
  • KDH398 :   81.80m @ 1.48g/t Au, including 7.00m @ 10.15g/t Au AND
  • KDH398 :   15.40m @ 4.10g/t Au, including 7.40m @ 8.23g/t Au
  • KDH409 :   37.85m @ 1.82g/t Au, including 17.00m @ 2.88g/t Au
Kevin Bullock, Volta Resources' President and CEO, commented, "The results from these drill holes have confirmed the considerable width and tenor of the mineralization from 200m to 350m below surface between sections 5950N and 6200N. This will convert to additional Measured and Indicated Resources in the Kiaka Central inventory."

Results for the holes are highlighted in Table 1 and locations shown in Figure 1. Analyses of the Volta Resources samples were undertaken by fire assay on a 50g charge at ALS Chemex Laboratories and/or at Actlabs Laboratory, both in Ouagadougou. Volta Resources' sampling and assay procedures included rigorous QA/QC elements that employed the inclusion of certified standards and blanks.

Table 1: Highlights of Gold Intersections for the Reported Holes
HOLE ID
FROM
(m)
TO
(m)
INTERVAL
(m)
Au
(g/t)
uncut
Au
(g/t) with
topcut (15g/t)
REMARKS
KDH337
175.20
202.30
27.10
0.50
0.50
 
AND
208.75
242.00
33.25
0.54
0.54
 
INCL
216.00
219.00
3.00
1.52
1.52
 
AND
256.00
259.00
3.00
1.12
1.12
 
KDH342
176.00
215.00
39.00
0.74
0.74
 
INCL
187.00
192.00
5.00
1.10
1.10
 
INCL
196.00
200.00
4.00
2.89
2.89
 
KDH344
6.30
22.00
15.70
0.78
0.78
core losses 4.0-4.7m, 5.5-6.3m, 7.0-8.1m, 8.5-9.4m and 10.0-11.0m
AND
141.00
159.20
18.20
1.07
1.00
 
INCL
141.00
145.00
4.00
2.67
1.00
 
KDH345
60.00
149.00
89.00
0.50
0.50
 
KDH346
277.00
288.00
11.00
1.96
1.96
286.0-287.0m=12.5 g/t Au
INCL
283.00
288.00
5.00
3.83
3.83
 
AND
331.00
342.00
11.00
0.61
0.61
 
INCL
337.00
340.00
3.00
1.45
1.45
 
AND
348.00
362.80
14.80
0.89
0.89
 
AND
368.30
385.00
16.70
1.77
1.36
284.0-285.0m= 21.7 g/t Au
KDH347
345.00
355.45
10.45
0.69
0.69
 
AND
440.00
610.50
170.50
0.83
0.83
 
INCL
446.00
464.80
18.80
1.16
1.16
 
INCL
468.00
487.00
19.00
1.51
1.51
 
INCL
498.00
519.00
21.00
1.15
1.15
 
INCL
521.20
525.60
4.40
1.33
1.33
 
INCL
555.00
560.00
5.00
1.27
1.27
 
KDH348
111.00
115.00
4.00
1.24
1.24
 
KDH349
145.00
150.00
5.00
2.91
2.91
149.0-150.0m=14g/t Au
AND
230.00
241.00
11.00
0.51
0.51
 
AND
295.00
298.20
3.20
1.38
1.38
 
AND
353.60
443.00
89.40
0.73
0.73
 
AND
451.85
491.00
39.15
0.51
0.51
 
INCL
455.30
459.30
4.00
1.28
1.28
 
AND
502.00
548.00
46.00
0.80
0.80
537.9-539.0m=14.63g/t Au
INCL
521.00
526.00
5.00
1.07
1.07
 
KDH350
274.00
289.00
15.00
0.51
0.51
 
AND
299.00
548.55
249.55
0.86
0.84
353-354.1=19.86g/t Au
INCL
321.00
326.00
5.00
1.04
1.04
 
INCL
343.00
346.00
3.00
1.91
1.91
 
INCL
353.00
369.90
16.90
2.32
2.04
 
INCL
374.00
387.00
13.00
1.33
1.33
 
INCL
390.00
398.35
8.35
1.41
1.41
 
INCL
403.00
415.40
12.40
1.47
1.47
 
INCL
418.00
422.00
4.00
1.16
1.16
 
INCL
425.80
439.00
13.20
1.41
1.41
 
INCL
443.00
447.00
4.00
1.03
1.03
 
INCL
451.00
458.00
7.00
1.20
1.20
 
INCL
489.00
504.00
15.00
1.08
1.08
 
INCL
544.00
547.90
3.90
1.12
1.12
 
AND
571.35
586.00
14.65
0.71
0.71
 
INCL
580.00
585.00
5.00
1.03
1.03
 
KDH351
102.95
107.00
4.05
1.31
1.31
 
AND
239.00
249.00
10.00
0.82
0.82
 
AND
330.00
456.00
126.00
1.90
1.72
360.0-361.0m=28.3g/t Au, 382.0-383.0m=12.3g/t Au ; 394.0-395.0m=10.65 g/t Au, 444.9-445.5m=11.34g/t Au; 453.0-454.0=24.2g/t Au
INCL
352.80
362.00
9.20
4.84
3.40
 
INCL
364.85
376.00
11.15
1.95
1.95
 
INCL
378.55
396.00
17.45
2.61
2.61
 
INCL
403.00
407.20
4.20
1.10
1.10
 
INCL
413.00
428.00
15.00
1.22
1.22
 
INCL
431.00
455.00
24.00
3.02
2.61
 
AND
464.45
561.20
96.75
0.91
0.91
 
INCL
464.45
490.00
25.55
1.81
1.81
 
INCL
494.00
498.00
4.00
1.10
1.10
 
INCL
505.00
508.00
3.00
2.06
2.06
 
AND
568.35
599.00
30.65
1.00
1.00
 
INCL
569.00
573.00
4.00
1.62
1.62
 
INCL
581.80
594.00
12.20
1.43
1.43
 
AND
613.10
640.16
27.06
1.18
1.01
615.0-616.0m=19.45g/t Au
INCL
614.00
617.00
3.00
8.10
8.10
 
KDH353
35.00
39.45
4.45
1.36
1.36
 
AND
108.00
128.05
20.05
0.50
0.50
 
AND
263.00
295.75
32.75
0.59
0.59
 
INCL
282.00
290.20
8.20
1.02
1.02
 
KDH355
243.00
250.00
7.00
2.56
2.56
248-249=15.55g/t Au
KDH356
177.20
188.00
10.80
0.70
0.70
 
AND
282.00
289.00
7.00
1.88
1.88
283.0-284.0m=9.36g/t Au
AND
343.00
416.00
73.00
1.39
1.33
382.0-383.0m=19.3 g/t Au
INCL
366.30
372.00
5.70
1.63
1.63
 
INCL
379.00
384.00
5.00
7.45
6.59
 
INCL
386.30
402.00
15.70
1.82
1.82
 
INCL
407.70
411.00
3.30
1.83
1.83
 
AND
429.50
527.00
97.50
0.83
0.83
 
INCL
433.65
442.30
8.65
1.41
1.41
 
INCL
448.20
467.00
18.80
1.28
1.28
 
INCL
470.00
496.10
26.10
1.12
1.12
 
INCL
499.60
503.60
4.00
1.24
1.24
 
KDH384
139.20
152.00
12.80
0.59
0.59
 
KDH389
49.10
61.00
11.90
0.59
0.59
 
AND
129.00
147.00
18.00
1.33
1.33
145.0- 146.0m= 11.2g/t Au
INCL
135.00
138.00
3.00
1.68
1.68
 
AND
152.15
160.10
7.95
6.22
2.33
156.0- 157.0m =45.9g/t Au
KDH390
92.40
110.00
17.60
0.56
0.56
 
AND
128.40
134.00
5.60
1.14
1.14
 
INCL
129.00
133.00
4.00
1.33
1.33
 
AND
142.40
226.05
83.65
0.54
0.54
ENDED IN MINERALIZATION
INCL
168.00
175.00
7.00
1.07
1.07
 
INCL
203.00
209.00
6.00
1.09
1.09
 
KDH391
102.00
145.00
43.00
0.67
0.67
 
INCL
105.00
116.00
11.00
1.39
1.39
 
INCL
125.00
128.00
3.00
1.26
1.26
 
AND
174.00
178.00
4.00
1.79
1.79
 
KDH392
117.65
165.60
47.95
0.85
0.85
 
INCL
129.00
134.00
5.00
1.59
1.59
 
INCL
141.00
155.00
14.00
1.57
1.57
 
KDH393
72.00
93.00
21.00
0.53
0.53
 
AND
125.80
145.00
19.20
0.66
0.66
 
AND
182.00
194.80
12.80
0.96
0.96
 
INCL
182.00
189.00
7.00
1.41
1.41
 
AND
202.20
226.05
23.85
0.87
0.87
 
KDH394
91.00
124.00
33.00
0.55
0.55
 
AND
144.00
174.00
30.00
0.56
0.56
 
AND
202.00
213.00
11.00
0.56
0.56
 
KDH395
184.00
195.00
11.00
0.71
0.71
 
AND
232.00
250.95
18.95
0.55
0.55
ENDED IN MINERALIZATION
KDH396
93.00
168.00
75.00
0.56
0.56
 
AND
174.00
185.00
11.00
0.57
0.57
 
AND
219.00
245.00
26.00
0.65
0.65
235.7 -236.45= 8.2125g/t
AND
317.00
320.00
3.00
5.36
5.36
 
KDH397
135.00
160.00
25.00
0.98
0.98
145- 146= 12.35g/tAu
AND
166.00
181.00
15.00
0.84
0.84
 
INCL
166.00
169.00
3.00
2.51
2.51
 
KDH398
96.00
177.80
81.80
1.48
0.97
127- 128 =57g/t Au
INCL
123.00
130.00
7.00
10.15
4.15
 
INCL
168.85
177.80
8.95
2.02
2.02
 
AND
184.00
199.40
15.40
4.10
1.77
198- 198.8= 50.88g/t Au
INCL
192.00
199.40
7.40
8.23
4.31
 
AND
208.00
228.00
20.00
0.63
0.63
 
KDH399
87.00
169.00
82.00
0.96
0.85
145.3- 146= 24.08g/t Au
INCL
113.00
122.00
9.00
1.12
1.12
 
INCL
125.00
129.00
4.00
1.27
1.27
 
INCL
155.00
159.00
4.00
1.57
1.57
 
AND
175.00
189.00
14.00
0.54
0.54
 
AND
200.00
229.30
29.30
0.74
0.74
 
KDH400
254.00
258.00
4.00
1.44
1.44
 
INCL
255.00
258.00
3.00
1.79
1.79
 
KDH401
243.00
252.00
9.00
6.78
2.01
245- 246 =57.9g/t Au
INCL
243.00
246.00
3.00
19.80
5.50
 
KDH403
442.90
496.40
53.50
0.84
0.84
 
INCL
442.90
447.00
4.10
1.17
0.84
 
INCL
455.00
465.00
10.00
1.19
0.84
 
INCL
477.00
487.40
10.40
1.08
0.84
 
INCL
490.10
495.00
4.90
0.97
0.84
 
AND
506.20
590.00
83.80
0.90
0.84
 
INCL
507.00
510.00
3.00
1.18
0.84
 
INCL
513.00
526.00
13.00
1.29
0.84
 
INCL
551.00
577.00
26.00
1.09
0.84
 
INCL
581.00
585.00
4.00
1.87
0.84
 
AND
624.00
652.08
28.08
0.73
0.84
ENDED IN MINERALIZATION
INCL
636.80
643.00
6.20
1.20
0.84
 
INCL
646.00
652.08
6.08
1.16
0.84
 
KDH407
260.00
303.00
43.00
0.59
0.84
 
AND
309.10
379.00
69.90
0.82
0.84
 
INCL
334.00
340.00
6.00
1.13
0.84
 
INCL
343.00
359.25
16.25
1.40
0.84
 
INCL
365.00
371.00
6.00
1.50
0.84
 
AND
400.00
470.00
70.00
0.86
0.84
 
INCL
412.00
420.00
8.00
2.30
0.84
 
INCL
451.00
456.00
5.00
2.11
0.84
 
AND
530.00
540.45
10.45
0.96
0.84
 
INCL
537.00
540.45
3.45
1.78
0.84
 
AND
555.30
568.00
12.70
0.83
0.84
 
INCL
556.00
559.00
3.00
2.12
0.84
 
KDH409
262.15
266.00
3.85
1.61
1.61
 
INCL
263.00
266.00
3.00
1.87
1.87
 
AND
521.30
587.00
65.70
0.87
0.87
 
INCL
527.00
532.15
5.15
1.41
1.41
 
INCL
545.00
561.00
16.00
1.35
1.35
 
INCL
568.25
572.00
3.75
1.20
1.20
 
AND
603.00
640.85
37.85
1.82
1.77
608 -609 =16.8g/ t Au
INCL
607.00
624.00
17.00
2.88
2.77
 
INCL
631.20
640.00
8.80
1.81
1.81
 
AND
648.00
682.00
34.00
0.87
0.87
 
INCL
653.20
657.00
3.80
3.46
3.46
 
AND
689.00
701.03
12.03
0.76
0.76
ENDED IN MINERALIZATION
KKRC406
37.00
45.00
8.00
5.03
2.64
38- 39= 34.1 g/t Au
Notes on Table 1:
  1. Intervals are core length. True width is unknown at this time.
  2. Intersections are based on a 0.3 g/t gold cut-off with maximum internal dilution (MID) of 5m for the lower grade mineralization envelope, except for hole KDH349 (451.85-491.0m) and KDH350 (299.0-548.55m) where it has been increased to 6 and 5.55m respectively.
  3. In order to highlight the continuity of the high grade zone, a 0.8 g/t gold cut-off with maximum internal dilution of 2m has been used.
  4. Average gold grades (g/t) are presented with and without topcut applied in separate columns. The values with topcut have applied a grade capping of 15g/t Au.
  5. Where core losses were reported in the mineralized intercepts, the width of the entire mineralized intercept is reported at the weighted average grade of the remaining samples.
  6. The intersections listed in the table represent sections of at least 3m in excess of 1g/t Au and/or sections of at least 10m in excess of 0.5g/t Au.
  7. The intersections represent sections drilled by reverse circulation (RC) and/or cored drilling (see Table 2).
  8. The RC portions of the drill holes were sampled at 1m intervals. Dry samples were riffle-split to provide 2 kg samples sent to the laboratory. Wet samples were dried in the field, then riffle-split in the same way. The cored portion of the drill holes were sampled at one meter intervals and cut in half using a diamond saw. Half-core is archived at the core storage facility on site while the other half was sent to the laboratory.
  9. Samples were then sent to ALS Chemex and/or Actlabs in Ouagadougou for Fire Assay on a 50g charge.
  10. Certified standards were inserted every 15 samples, field duplicates (in the RC portions) about every 25 and blanks about every 10 samples. The blanks, certified standards and duplicate assays confirm that all assays used to compile the intersections quoted here have passed Volta Resources's rigorous QA/QC checks.


TABLE 2 : Collar Coordinates and Orientation Parameters
SECTION
HOLEID
UTM_X
UTM_Y
UTM_Z
DEPTH(m)
DrillType
DIP
AZIMUTH
5200N
KDH407
739456
1289092
270.0
652.44
DD
-60
315
5650N
KKRC658
739774
1289411
270.0
100.00
RC
-55
135
5700N
KDH384
739498
1289757
270.0
202.00
DD
-57
315
KKRC425
739279
1289976
270.0
75.00
RC
-55
135
KKRC426
739350
1289906
270.0
75.00
RC
-55
135
KKRC427
739739
1289517
270.0
75.00
RC
-55
135
KKRC428
739774
1289481
270.0
75.00
RC
-55
135
KKRC429
739810
1289446
270.0
75.00
RC
-55
135
KKRC430
739845
1289411
270.0
75.00
RC
-55
135
KDH355
739317
1289942
273.0
271.35
DD
-55
135
5750N
KDH351
739799
1289534
267.0
640.16
DD
-60
315
KDH385
739544
1289782
270.0
202.00
DD
-55
315
KKRC655
739845
1289481
270.0
88.00
RC
-55
135
5800N
KDH350
739829
1289572
271.0
592.70
DD
-60
315
KDH403
739863
1289534
270.0
652.08
DD
-60
315
KDH409
739385
1290012
270.0
701.03
DD
-60
135
KKRC639
739863
1289534
270.0
100.00
RC
-55
135
5850N
KDH347
739489
1289973
272.0
622.45
DD
-60
135
KKRC640
739852
1289616
270.0
100.00
RC
-55
135
KKRC641
739887
1289580
270.0
81.00
RC
-55
135
5900N
KDH356
739541
1289999
270.0
601.84
DD
-60
135
KDH388
739668
1289870
270.0
187.10
DD
-55
315
KDH392
739916
1289623
270.0
178.07
DD
-55
315
KDH401
739456
1290082
270.0
255.90
DD
-58
135
KKRC420
739456
1290082
270.0
75.00
RC
-55
135
KKRC421
739491
1290047
270.0
75.00
RC
-55
135
KKRC422
739916
1289623
270.0
75.00
RC
-55
135
KKRC423
739951
1289587
270.0
75.00
RC
-55
135
KKRC424
739986
1289552
270.0
75.00
RC
-55
135
KDH348
739817
1289735
270.4
175.00
DD
-55
135
5950N
KDH349
739559
1290049
270.9
601.80
DD
-55
135
KDH389
739703
1289906
270.0
174.14
DD
-55
315
KKRC692
739916
1289694
270.0
98.00
RC
-55
135
KKRC693
739951
1289658
270.0
84.00
RC
-55
135
KKRC694
739986
1289623
270.0
93.00
RC
-55
135
KDH353
739674
1289940
272.3
403.55
DD
-60
135
6000N
KDH393
739774
1289906
270.0
226.05
DD
-57
315
KDH400
739555
1290125
270.0
501.82
DD
-60
135
KKRC553
739951
1289729
270.0
100.00
RC
-55
135
KKRC554
739986
1289694
270.0
100.00
RC
-55
135
KKRC555
740022
1289658
270.0
100.00
RC
-55
135
6050N
KDH394
739916
1289835
270.0
253.23
DD
-58
315
KDH397
739810
1289941
270.0
226.10
DD
-57
315
KKRC651
739986
1289764
270.0
100.00
RC
-55
135
KKRC695
739951
1289800
270.0
81.00
RC
-55
135
6100N
KDH337
739812
1290014
269.8
265.40
DD
-58
135
KDH342
739706
1290121
269.5
487.63
DD
-60
135
KDH396
739951
1289870
270.0
381.97
DD
-58
315
KKRC552
740057
1289764
270.0
100.00
RC
-55
135
6150N
KDH344
739753
1290131
268.7
259.33
DD
-58
135
KDH345
739862
1290027
268.9
266.05
DD
-58
135
KDH390
739845
1290047
270.0
226.05
DD
-57
135
KDH398
739969
1289923
270.0
251.06
DD
-58
315
6200N
KDH346
740058
1289907
266.8
421.40
DD
-60
315
KDH399
739993
1289969
270.0
250.71
DD
-58
315
6250N
KDH391
739916
1290118
270.0
251.10
DD
-58
135
KDH395
740057
1289976
270.0
250.95
DD
-58
315
6300N
KKRC366
739827
1290277
267.0
49.00
RC
-55
135
KKRC367
739845
1290259
266.6
49.00
RC
-55
135
KKRC368
739863
1290241
266.6
40.00
RC
-55
135
KKRC369
739880
1290224
266.6
49.00
RC
-55
135
KKRC370
739898
1290206
266.7
49.00
RC
-55
135
KKRC371
739916
1290188
267.0
49.00
RC
-55
135
KKRC372
739933
1290171
266.8
49.00
RC
-55
135
KKRC373
739951
1290153
266.5
46.00
RC
-55
135
KKRC374
739969
1290135
266.5
46.00
RC
-55
135
KKRC375
739986
1290118
266.5
46.00
RC
-55
135
KKRC376
740004
1290100
266.6
46.00
RC
-55
135
KKRC377
740022
1290082
266.4
46.00
RC
-55
135
KKRC378
740039
1290065
266.2
46.00
RC
-55
135
KKRC379
740057
1290047
265.9
46.00
RC
-55
135
KKRC380
740075
1290030
265.8
46.00
RC
-55
135
KKRC381
740092
1290012
265.4
50.00
RC
-55
135
KKRC382
740110
1289994
264.8
50.00
RC
-55
135
KKRC383
740127
1289978
264.6
50.00
RC
-55
135
6400N
KKRC384
739898
1290348
265.5
50.00
RC
-55
135
KKRC385
739916
1290330
265.6
50.00
RC
-55
135
KKRC386
739934
1290312
265.5
50.00
RC
-55
135
KKRC387
739951
1290295
265.4
50.00
RC
-55
135
KKRC388
739969
1290277
265.3
50.00
RC
-55
135
KKRC389
739987
1290260
265.9
50.00
RC
-55
135
KKRC390
740004
1290242
265.4
50.00
RC
-55
135
KKRC391
740022
1290224
265.4
50.00
RC
-55
135
KKRC392
740040
1290207
265.4
50.00
RC
-55
135
KKRC393
740057
1290189
265.1
50.00
RC
-55
135
KKRC394
740076
1290171
265.1
50.00
RC
-55
135
KKRC395
740093
1290153
264.9
50.00
RC
-55
135
KKRC396
740111
1290136
264.9
50.00
RC
-55
135
KKRC397
740128
1290118
264.5
50.00
RC
-55
135
KKRC398
740146
1290100
264.1
50.00
RC
-55
135
KKRC399
740164
1290082
263.8
50.00
RC
-55
135
KKRC400
740181
1290066
263.7
50.00
RC
-55
135
KKRC401
740200
1290046
263.5
50.00
RC
-55
135
6500N
KKRC402
739969
1290418
264.1
50.00
RC
-55
135
KKRC403
739986
1290401
270.0
50.00
RC
-55
135
KKRC404
740004
1290383
270.0
50.00
RC
-55
135
KKRC405
740022
1290365
270.0
50.00
RC
-55
135
KKRC406
740039
1290348
270.0
50.00
RC
-55
135
KKRC407
740057
1290330
270.0
50.00
RC
-55
135
KKRC408
740075
1290312
270.0
50.00
RC
-55
135
KKRC409
740092
1290295
270.0
50.00
RC
-55
135
KKRC410
740110
1290277
270.0
50.00
RC
-55
135
KKRC411
740128
1290259
270.0
50.00
RC
-55
135
KKRC412
740145
1290242
270.0
50.00
RC
-55
135
KKRC413
740163
1290224
270.0
50.00
RC
-55
135
KKRC414
740181
1290206
270.0
50.00
RC
-55
135
KKRC415
740198
1290189
270.0
50.00
RC
-55
135
KKRC416
740216
1290171
270.0
50.00
RC
-55
135
KKRC417
740234
1290153
270.0
50.00
RC
-55
135
KKRC418
740251
1290135
270.0
50.00
RC
-55
135
KKRC419
740269
1290118
270.0
50.00
RC
-55
135


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 Resources. Mr. Franceschi is a member of the European Federation of Geologists and has reviewed and approved the contents of this news release.


About Volta Resources:

Volta Resources has a portfolio of quality gold exploration projects in Burkina Faso and Ghana, both mining-friendly West African jurisdictions with proven world-class gold deposits. VTR will focus on fast-tracking its flagship Kiaka Gold Project (NI-43-101 compliant resources include 117.42 million tonnes @ 1.07 g/t Au for 4,029,000 ounces in the Measured and Indicated categories and 29.96 million tonnes @ 1.00 g/t Au for 1,000,000 ounces in the Inferred category [Please see VTR press release dated March 21, 2012] including 34.38 million tonnes @ 1.04 g/t Au for 1,145,969 ounces of gold in the Proven category and 91.70 million tonnes @ 0.93 g/t Au for 2,742,353 ounces of gold in the Probable category [Please see VTR press release dated May 3, 2012]) towards a development decision, aiming to complete a Feasibility Study in Q3, 2013. Recent acquisition of properties around Kiaka have provided VTR with an extensive ground position along the highly prospective Markoye Fault Corridor in an important emerging gold province.

For further information, please refer to our website www.Voltaresources.com or contact:

Kevin Bullock, P.Eng., President & CEO
Tel: (416) 867-2299
Fax: (416) 867-2298
Email: kbullock@Voltaresources.com

or

Andreas Curkovic, Investor Relations
Tel: (416) 577-9927



Figure 1:
Figure 1


Forward Looking Information Caution:

This press release presents "forward-looking statements" within the meaning of Canadian securities legislation that involve inherent risks and uncertainties. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold and other minerals and metals, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the capital expenditures, costs and timing of the resources, the realization of mineral reserve estimates, the capital expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, currency exchange rate fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. Generally, these forward-looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Volta Resources to be materially different from those expressed or implied by such forward looking statements, including but not limited to: risks related to international operations, risks related to the integration of acquisitions; risks related to joint venture operations; actual results of current exploration activities; actual results of current or future reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of gold and other minerals and metals; possible variations in ore reserves, grade or recovery rates; failure of equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although the management and officers of Volta Resources believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Volta Resources does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

View this News Release in PDF:
Associated File: http://www..voltaresources.com/i/pdf/NR/241012VTRPRFinal-1.pdf
1165 KB in size, approx. 3 minutes, 38 seconds to download at 56.6Kbps

You can also view this News Release on our website at:
http://www.voltaresources.com/s/NewsReleases.asp?ReportID=553661

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Données et statistiques pour les pays mentionnés : Burkina Faso | Ghana | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Burkina Faso | Ghana | Tous

Volta Resources Inc

EN DÉVELOPPEMENT
CODE : VTR.TO
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Volta Res est une société de production minière d'or et de cuivre basée au Canada.

Son principal projet en développement est KIAKA au Burkina Faso.

Volta Res est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 51,3 millions CA$ (47,9 millions US$, 34,8 millions €).

La valeur de son action a atteint son plus bas niveau récent le 28 novembre 2008 à 0,05 CA$, et son plus haut niveau récent le 03 décembre 2010 à 2,65 CA$.

Volta Res possède 155 370 000 actions en circulation.

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Financements de Volta Resources Inc
05/08/2011Closes $40 Million Underwritten Private Placement of Special...
30/09/2009$5 Million Bought Deal Private Placement
Attributions d'options de Volta Resources Inc
14/06/2013ources reports on Annual and Special Meeting of Shareholders...
Nominations de Volta Resources Inc
03/09/2012Announces Appointment of CFO & Corporate Secretary
22/03/2011Appoints Alex J. Davidson To Its Board Of Directors
Projets de Volta Resources Inc
20/12/2013B2Gold Corp. and Volta Resources Inc. Complete Business Comb...
15/11/2013B2Gold Corp. and Volta Resources Inc. Sign Arrangement Agree...
12/07/2013(Kiaka)to Suspend Its Current Approach to the Feasibility Study at ...
12/07/2013(Kiaka)ources to suspend its current approach to the feasibility st...
27/03/2013(Gaoua)ources Initiates Strategic Review Process in Relation to its...
23/01/2013(Gaoua)reases Inferred Resources By 182% At Gaoua Copper-Gold Porph...
07/11/2012(Kiaka)files technical report on Kiaka South Area Deposit
03/05/2012(Kiaka)Announces Robust Pre-Feasibility Study and Mandating of Proj...
21/02/2012(Kiaka)Continues To Report Wide Intersections From The Central Are...
31/01/2012(Banda Ahenkro)Reports Results from Scout Drilling Undertaken at Banda Ahen...
24/01/2012Confirms New Gold Mineralization At Its Large Toulfe Anomaly...
22/09/2011Commences 5,300M Drilling Program at its Toulfe Prospect, Ti...
19/09/2011(Kiaka)Announces Commencement of a Pre-Feasibility Study For Its Ki...
19/09/2011(Kiaka)ources announces commencement of a Pre-Feasibility Study for...
01/06/2011(Kiaka)Intersects 174.35 m @ 1.01 g/t Gold, Including 7 m @ 2.28 g/...
26/05/2011(Kiaka)REPORTS 216.15m @ 0.99 g/t GOLD, INCLUDING 12.0m @ 2.07 g/t ...
20/04/2011(Kiaka)Reports 242.0M @ 1.41G/T Gold At Its Kiaka Gold Project In B...
31/03/2011(Kiaka)Intersects 179.9m @ 1.03g/t Gold, Including 30.8m @ 1.68g/t ...
22/02/2011(Kiaka)Reports More Drill Intersections Exceeding 200 Meters Notabl...
28/09/2009(Gaoua)Auger Drilling Program Identifies New Copper-Gold Anomaly an...
15/09/2009(Gaoua)New Gold Discovery on Volta's Gaoua Project in Burkina Faso
22/07/2009(Bui Belt)Bui Dam Update - Ghana
24/06/2009(Kampti)Intersects 41 Metres @ 3.23 Grams Per Tonne of Gold at its K...
10/03/2009Tinga "B" Prospect - Scout RC Drilling Results
05/02/2009(Gaoua)Resource Estimate At Gaoua 724,880,000 Lbs Of Copper And 1,0...
29/01/2009(Gaoua)Gaoua Copper-Gold Project No Longer Subject to Freeport Earn...
07/05/2008(Gaoua)Commences Phase Two Core Drilling Program At Its Gaoua Coppe...
05/05/2008(Cluster)Aircore Drilling Extends Gold Mineralization At Volta's Cher...
14/04/2008(Tinga)Encouraging Drill Results for Tinga Property, Ghana
Communiqués de Presse de Volta Resources Inc
17/12/2013Joint News Release - Volta Obtains Shareholder Approval for ...
06/12/2013ISS and Glass Lewis recommend that Volta Resources sharehold...
28/10/2013B2Gold Corp. Agrees to Acquire Volta Resources Inc.
18/10/2013(Kiaka)Auger Drilling Defines Additional Significant Gold Targets i...
11/04/2013(Kiaka)Highlights Multiple Gold Exploration Targets on Regional Str...
10/01/2013(Kiaka)Higher Grade Lenses Support Phased Development And Selective...
08/01/2013(Kiaka)ources extends mineralization at depth at its Kiaka Gold Pro...
12/12/2012(Gaoua)ources extends porphyry copper-gold mineralization at Gongon...
24/10/2012(Kiaka)Intersects 126.0M At 1.90G/T Gold (Uncut) At Its Kiaka Gold ...
11/10/2012(Kiaka)Intersects 55.85m @ 4.29g/T Gold (Uncut) At Its Kiaka Gold ...
27/09/2012(Kiaka)Announces Maiden Resource for the Kiaka South Area Deposit a...
13/09/2012(Kiaka)Continues To Report High-Grade Gold Intercepts From The Kiak...
29/08/2012(Kiaka)Confirms The Extension Of The High-Grade Kiaka South Gold M...
12/06/2012(Kiaka)Confirms High-Grade Gold Mineralization At Its Kiaka South T...
21/03/2012(Kiaka)reases Measured & Indicated Gold Resources by 33% at the Kia...
06/03/2012(Kiaka)Extends Mineralization at Depth at Its Kiaka Gold Project in...
28/02/2012(Kiaka)Reports High-Grade Extension at Depth at Its Kiaka Gold Proj...
15/02/2012(Kiaka)Significantly Increases Holdings Around Kiaka, Along the Mar...
14/02/2012(Kiaka)Reports New High-Grade Gold Discovery At Its Kiaka Gold Proj...
16/01/2012(Kiaka)Extends Gold Mineralization Farther North at its Kiaka Gold ...
29/11/2011(Kiaka)Confirms and Extends Gold Mineralization in the North of it...
25/10/2011Hires Alexandru Arhire as Vice President, Operations
13/10/2011(Kiaka)Drills 121.15m @ 2.10 G/T Gold at its Kiaka Gold Project in ...
14/09/2011(Gaoua)Makes Another New Gold Discovery at the Nassara Prospect, Ga...
14/09/2011(Gaoua)ources makes another new gold discovery at the Nassara Prosp...
01/09/2011(Kiaka)Demonstrates New Mineralization Extending to the Northeast a...
23/08/2011Obtains Receipt for Qualification Prospectus
08/08/2011(Kiaka)Files Updated NI 43-101 Technical Report on the Kiaka Gold P...
14/07/2011ources Announces $40 Million Underwritten Private Placement ...
29/06/2011(Kiaka)More Than Doubles The Gold Resource At Its Kiaka Gold Proje...
23/06/2011(Kiaka)Confirms Continuity And Extends Mineralization to the Northe...
08/06/2011(Gaoua)Commences 15,000M Drilling Program to Follow-Up Gold Targets...
19/01/2010Reports Additional Positive Drill Results From Its Kiaka Gol...
18/09/2009is Granted the Massabougou Permit in Mali
08/09/2009Signs Letter of Intent to Purchase the Advanced Kiaka Gold P...
05/02/2009Receives Recommendation to Advance The Eagle Zone Deposit to...
13/01/2009Latest Drilling At Gaoua Confirms Historical Data And Uncove...
11/06/2008Acquires Two New Gold Exploration Permits In Burkina Faso, W...
01/05/2008 Amend Earn-In Agreement
18/04/2008Expands Its Property Portfolio In Burkina Faso
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TORONTO (VTR.TO)FRANKFURT (VR7.F)
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