Volta Confirms and Extends Mineralization to the Southwest at its Kiaka Gold Project in Burkina Faso
27.06.2011 | CNW
Drilling intersects 110.0m @ 1.76g/t gold, including 5.00m @ 12.18g/t goldTORONTO, June 27, 2011 /CNW/ - Volta Resources Inc. ('Volta' or the 'Company') (TSX: VTR) announces the drill results from the next completed sections from its drilling program comprising more than 250 holes for approximately 50,000 meters completed in the Central Area at its Kiaka Gold Project in Burkina Faso (see News Release of 22 September 2010).
Results for an additional 49 holes located on 11 sections between 4850N and 5250N, in the southern part of the target, have been received and are included in this press release. The sections are between 25 and 75m apart and include sections 4950N, 5025N, 5050N, 5075N, 5100N, 5125N, 5150N, 5175N, 5200N, 5225N and 5250N; thereby extending and confirming continuity of mineralization some 300m south of section 5275N released in November 2010 (see News Release of November 29(th) 2010). The highlights from current drilling on these sections include:
-- KDH249 : 81.00m @ 1.33g/t Au, including 7.00m @ 7.29g/t Au
-- KDH241 : 87.10m @ 1.38g/t Au, including 12.00m @ 6.33g/t Au
-- KDH245 : 36.00m @ 1.34g/t Au, including 10.70m @ 1.94g/t Au,
AND
-- KDH245 : 95.00m @ 1.00g/t Au, including 22.00m @ 1.67g/t Au
-- KRD247 : 102.00m @ 1.03g/t Au, including 24.00m @ 2.18g/t Au
-- KDH238 : 80.50m @ 1.62g/t Au, including 10.00m @ 1.62g/t Au,
AND
-- KDH238 : 49.00m @ 1.03g/t Au, including 5.00m @ 2.10g/t Au,
AND
-- KDH238 : 110.00m @ 1.76g/t Au, including 5.00m @ 12.18g/t Au
-- KRD231: 88.00m @ 1.05g/t Au, including 11.00m @ 2.42g/t Au
-- KRD233 : 63.00m @ 1.64g/t Au, including 13.00m @ 5.59g/t Au
-- KDH234 : 149.20m @ 1.19g/t Au, including 6.00m @ 11.75g/t Au
-- KRD235 : 152.00m @ 1.19g/t Au, including 5.00m @ 3.17g/t Au
-- KDH236 : 23.00m @ 1.14g/t Au, including 4.00m @ 2.82g/t Au
-- KDH225 : 55.00m @ 1.28g/t Au, including 22.90m @ 1.82g/t Au
-- KRD227 : 83.00m @ 1.27g/t Au, including 21.00m @ 2.66g/t Au
-- KDH229 : 104.70m @ 1.59g/t Au, including 7.00m @ 7.66g/t Au,
AND
-- KDH229 : 203.10m @ 0.83g/t Au. including 5.00m @ 2.71g/t Au
Kevin Bullock, Volta's CEO, said, “These are the final results that will be incorporated into our imminent resource update and they add more outstanding intersections to a very successful drill campaign. We will continue drilling at Kiaka in order to pursue several other targets outside the main Kiaka deposit area as well as to establish further resources at Kiaka which is still open in several directions.“
The holes reported here confirm the continuity of wide mineralization, typical of the Kiaka Main Zone (KMZ) deposit along strike to over 300m southwest of previous released section 5275N (see News Release of November 29th 2010), and have extended the KMZ mineralization down to vertical depth exceeding 350m. The mineralization still remains open at depth and towards the southwest.
Results for the holes are highlighted in Table 1 and in Figure 1. Analyses of the Kiaka 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.
All assays of Volta's second phase planned drilling program have now been received and Volta is on track to finalize an updated National Instrument 43-101 (“NI43-101“) compliant resource within the next few days.
Table 1: Highlights of gold intersections for sections 4950N, 5025N, 5050N, 5075N, 5100N, 5125N, 5150N, 5175N, 5200N, 5225N and 5250N
____________________________________________________________________
|SECTION|HOLE ID|FROM (m)| TO |INTERVAL | Au | COMMENT |
| | | | (m) | (m) |(g/t)| |
|_______|_______|________|______|_________|_____|____________________|
|5025N | KRD248| 80.00|104.00| 24.00| 0.78| |
| |_______|________|______|_________|_____|____________________|
| |AND | 111.00|239.00| 128.00| 0.80| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 142.00|156.00| 14.00| 1.40| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 161.00|164.00| 3.00| 1.48| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 167.00|177.00| 10.00| 1.01| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 180.00|184.00| 4.00| 1.20| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 191.00|200.00| 9.00| 1.44| |
| |_______|________|______|_________|_____|____________________|
| |KRD252 | 56.00| 79.00| 23.00| 0.50| |
| |_______|________|______|_________|_____|____________________|
| |KDH249 | 67.00|148.00| 81.00| 1.33|95.0-96.0m = 15.3g/t|
| | | | | | |; 97.0-98.0m = |
| | | | | | |20.1g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 91.00| 98.00| 7.00| 7.29| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 106.00|109.00| 3.00| 1.07| |
| |_______|________|______|_________|_____|____________________|
| |AND | 185.00|318.00| 133.00| 0.68| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 234.00|239.00| 5.00| 2.17| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 242.00|258.00| 16.00| 1.08| |
| |_______|________|______|_________|_____|____________________|
| |KDH251 | 20.00| 99.00| 79.00| 0.87|core losses before |
| | | | | | |20.0m |
| |_______|________|______|_________|_____|____________________|
| | INCL| 31.00| 37.00| 6.00| 1.63| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 45.00| 51.00| 6.00| 1.52| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 65.00| 98.00| 33.00| 0.93| |
| |_______|________|______|_________|_____|____________________|
| |AND | 111.00|129.50| 18.50| 0.72| |
| |_______|________|______|_________|_____|____________________|
| |KDH255 | 45.00| 60.00| 15.00| 0.51| |
| |_______|________|______|_________|_____|____________________|
| |AND | 66.00|108.00| 42.00| 0.87| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 90.00|105.00| 15.00| 1.49| |
| |_______|________|______|_________|_____|____________________|
| |AND | 147.00|190.00| 43.00| 0.60| |
|_______|_______|________|______|_________|_____|____________________|
|5050N | KDH253| 92.00|122.10| 30.10| 0.84| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 111.00|122.10| 11.10| 1.30| |
| |_______|________|______|_________|_____|____________________|
| |AND | 131.90|230.00| 98.10| 0.56| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 131.90|135.05| 3.15| 1.05| |
|_______|_______|________|______|_________|_____|____________________|
|5075N | KDH241| 143.90|231.00| 87.10| 1.38|160.0-161.0m = |
| | | | | | |12.25g/t A & |
| | | | | | |167.0-168.0m = |
| | | | | | |20.9g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 156.00|168.00| 12.00| 6.33| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 178.00|184.90| 6.90| 2.39| |
| |_______|________|______|_________|_____|____________________|
| |AND | 257.60|284.00| 26.40| 0.52| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 260.00|263.00| 3.00| 1.10| |
| |_______|________|______|_________|_____|____________________|
| |AND | 291.00|302.00| 11.00| 1.01| |
| |_______|________|______|_________|_____|____________________|
| |AND | 310.00|362.00| 52.00| 0.53| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 338.25|355.00| 16.75| 0.81| |
| |_______|________|______|_________|_____|____________________|
| |AND | 369.00|379.00| 10.00| 0.53| |
| |_______|________|______|_________|_____|____________________|
| |KRD242 | 23.00| 46.00| 23.00| 0.70| |
| |_______|________|______|_________|_____|____________________|
| |KDH245 | 59.00| 95.00| 36.00| 1.34| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 68.30| 79.00| 10.70| 1.94| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 82.00| 95.00| 13.00| 1.49| |
| |_______|________|______|_________|_____|____________________|
| |AND | 168.00|263.00| 95.00| 1.00| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 176.00|198.00| 22.00| 1.67| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 216.00|219.00| 3.00| 1.21| |
| |_______|________|______|_________|_____|____________________|
| |KDH246 | 2.00| 46.00| 44.00| 0.74| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 6.55| 11.00| 4.45| 1.78| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 17.50| 30.00| 12.50| 1.15| |
| |_______|________|______|_________|_____|____________________|
| |KRD247 | 2.00|104.00| 102.00| 1.03| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 9.00| 33.00| 24.00| 2.18| |
| |_______|________|______|_________|_____|____________________|
| |KDH250 | 8.50| 35.00| 26.50| 0.53|CORE LOSS : |
| | | | | | |9.6-11.0m |
| |_______|________|______|_________|_____|____________________|
| |AND | 42.00| 54.00| 12.00| 0.63| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 49.00| 52.00| 3.00| 1.19| |
| |_______|________|______|_________|_____|____________________|
| |AND | 76.00|136.00| 60.00| 0.88| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 114.00|120.00| 6.00| 2.56|119.0-120.0m = |
| | | | | | |10.4g/t Au |
| |_______|________|______|_________|_____|____________________|
| | INCL| 125.00|136.00| 11.00| 1.71| |
| |_______|________|______|_________|_____|____________________|
| |AND | 178.00|203.00| 25.00| 0.50| |
| |_______|________|______|_________|_____|____________________|
| |AND | 209.00|228.00| 19.00| 0.55| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 210.00|213.00| 3.00| 1.28| |
| |_______|________|______|_________|_____|____________________|
| |AND | 237.00|245.00| 8.00| 2.36|240.0-241.0m = |
| | | | | | |15.35g/t |
|_______|_______|________|______|_________|_____|____________________|
|5125N | KDH237| 74.00| 83.00| 9.00| 1.20|9m intercept |
| |_______|________|______|_________|_____|____________________|
| |AND | 135.00|155.00| 20.00| 0.53| |
| |_______|________|______|_________|_____|____________________|
| |AND | 194.00|209.00| 15.00| 0.94| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 194.00|199.00| 5.00| 1.49| |
| |_______|________|______|_________|_____|____________________|
| |AND | 263.00|364.00| 101.00| 0.56| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 295.00|308.00| 13.00| 1.19| |
| |_______|________|______|_________|_____|____________________|
| |KRD239 | 88.00|115.00| 27.00| 0.50| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 103.00|107.00| 4.00| 1.42| |
| |_______|________|______|_________|_____|____________________|
| |AND | 152.10|236.00| 83.90| 0.72| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 179.00|183.00| 4.00| 1.55| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 208.00|211.00| 3.00| 1.83| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 214.00|227.00| 13.00| 1.38| |
| |_______|________|______|_________|_____|____________________|
| |AND | 310.00|322.00| 12.00| 0.53| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 315.00|318.00| 3.00| 1.58| |
| |_______|________|______|_________|_____|____________________|
| |KDH238 | 2.50| 83.00| 80.50| 1.62|5.0-6.0m = 29.8g/t ;|
| | | | | | |50.0-51.0m = |
| | | | | | |15.05g/t . Core loss|
| | | | | | |: 3.1-4.1m; 7.8-9.4m|
| | | | | | |and 11.0-12.6m |
| |_______|________|______|_________|_____|____________________|
| | INCL| 66.00| 76.00| 10.00| 1.62| |
| |_______|________|______|_________|_____|____________________|
| |AND | 90.00|139.00| 49.00| 1.03| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 93.00|105.00| 12.00| 1.22| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 111.00|125.00| 14.00| 1.24| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 130.00|135.00| 5.00| 2.10| |
| |_______|________|______|_________|_____|____________________|
| |AND | 208.00|227.00| 19.00| 0.57| |
| |_______|________|______|_________|_____|____________________|
| |KDH243 | 2.80|145.00| 142.20| 0.72|Core loss : |
| | | | | | |6.5-7.0m; 14.1-16.0m|
| | | | | | |and 16.45-18.4m. |
| |_______|________|______|_________|_____|____________________|
| | INCL| 21.00| 35.00| 14.00| 1.36| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 38.00| 54.00| 16.00| 1.33| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 109.00|114.70| 5.70| 1.44| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 141.00|144.00| 3.00| 1.23| |
| |_______|________|______|_________|_____|____________________|
| |KRD244 | 28.00| 63.00| 35.00| 0.54| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 36.00| 39.00| 3.00| 1.02| |
| |_______|________|______|_________|_____|____________________|
| |AND | 69.00| 86.00| 17.00| 0.73| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 78.00| 84.00| 6.00| 1.28| |
| |_______|________|______|_________|_____|____________________|
| |KDH240 | 8.00| 23.00| 15.00| 1.19|Core loss : |
| | | | | | |9.4-10.0m; |
| | | | | | |10.8m-11.5m and |
| | | | | | |12.0-14.0m. |
| |_______|________|______|_________|_____|____________________|
| | INCL| 8.00| 16.00| 8.00| 2.12| |
| |_______|________|______|_________|_____|____________________|
| |AND | 30.00| 66.00| 36.00| 0.65| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 57.00| 61.00| 4.00| 1.56| |
| |_______|________|______|_________|_____|____________________|
| |AND | 92.00|135.00| 43.00| 0.61| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 93.00| 99.00| 6.00| 1.16| |
| |_______|________|______|_________|_____|____________________|
| |AND | 141.00|152.25| 11.25| 1.12| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 143.00|149.00| 6.00| 1.83| |
| |_______|________|______|_________|_____|____________________|
| |AND | 161.40|232.00| 70.60| 0.72| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 163.00|169.00| 6.00| 1.07| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 173.00|186.00| 13.00| 1.27| |
| |_______|________|______|_________|_____|____________________|
| |AND | 255.00|272.00| 17.00| 0.56| |
|_______|_______|________|______|_________|_____|____________________|
|5150N | KRD256| NO SIGNIFICANT INTERECPT| | |
| |_______|_________________________|_____|____________________|
| |KRD257 | 33.00| 49.00| 16.00| 0.89| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 34.00| 38.00| 4.00| 1.56| |
| |_______|________|______|_________|_____|____________________|
| |KDH258 | 84.00| 91.00| 7.00| 3.12|84.0-85.0=15.7g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 84.00| 87.00| 3.00| 6.85| |
| |_______|________|______|_________|_____|____________________|
| |AND | 174.00|190.00| 16.00| 0.52| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 181.00|186.00| 5.00| 1.09| |
| |_______|________|______|_________|_____|____________________|
| |AND | 206.00|316.00| 110.00| 1.76|293.0-294.0=28.4g/t |
| | | | | | |; |
| | | | | | |294.0-295.0=29.3g/t |
| | | | | | |; |
| | | | | | |315.0-316.0=10.75g/t|
| |_______|________|______|_________|_____|____________________|
| | INCL| 239.00|252.00| 13.00| 2.85| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 263.00|267.00| 4.00| 1.98| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 283.00|289.00| 6.00| 3.85| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 293.00|298.00| 5.00|12.18| |
| |_______|________|______|_________|_____|____________________|
| |AND | 326.00|362.00| 36.00| 0.51| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 336.00|342.00| 6.00| 1.23| |
| |_______|________|______|_________|_____|____________________|
| |AND | 383.00|386.00| 3.00| 1.07| |
|_______|_______|________|______|_________|_____|____________________|
|5175N | KRD231| 0.00| 88.00| 88.00| 1.05|45.0 -46.0 = 11.8g/t|
| |_______|________|______|_________|_____|____________________|
| | INCL| 4.00| 7.00| 3.00| 1.84| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 10.00| 14.00| 4.00| 1.92| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 19.00| 32.00| 13.00| 1.12| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 36.00| 47.00| 11.00| 2.42| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 51.00| 56.00| 5.00| 1.63| |
| |_______|________|______|_________|_____|____________________|
| |AND | 96.00|122.00| 26.00| 0.76| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 114.00|120.00| 6.00| 1.64| |
| |_______|________|______|_________|_____|____________________|
| |AND | 129.00|144.00| 15.00| 0.59| |
| |_______|________|______|_________|_____|____________________|
| |KDH232 | 54.00|122.00| 68.00| 0.90|83.0-84.0 = 15.15g/t|
| |_______|________|______|_________|_____|____________________|
| | INCL| 75.00| 93.00| 18.00| 2.16| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 97.00|101.00| 4.00| 1.05| |
| |_______|________|______|_________|_____|____________________|
| |AND | 149.00|257.00| 108.00| 0.92|199.0-200.0 = |
| | | | | | |10.3g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 149.00|155.00| 6.00| 1.04| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 178.00|193.00| 15.00| 1.66| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 197.00|206.00| 9.00| 2.08| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 227.00|230.00| 3.00| 1.42| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 243.00|250.00| 7.00| 1.00| |
| |_______|________|______|_________|_____|____________________|
| |AND | 264.00|287.00| 23.00| 0.62| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 268.00|272.00| 4.00| 2.00| |
| |_______|________|______|_________|_____|____________________|
| |AND | 294.00|343.00| 49.00| 0.95|318.0-319.0 = |
| | | | | | |13.15g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 305.00|310.00| 5.00| 2.56| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 317.00|320.00| 3.00| 5.19| |
| |_______|________|______|_________|_____|____________________|
| |KRD233 | 1.00| 64.00| 63.00| 1.64|43.0-44.0 = 25.1 g/t|
| | | | | | |Au; 44.0-45.0 = 34.8|
| | | | | | |g/t Au |
| |_______|________|______|_________|_____|____________________|
| | INCL| 33.00| 46.00| 13.00| 5.59| |
| |_______|________|______|_________|_____|____________________|
| |KDH234 | 2.50| 10.00| 7.50| 1.07|Core loss : 1.3-2.5m|
| | | | | | |& 3.15-4.0m |
| |_______|________|______|_________|_____|____________________|
| |AND | 19.80|169.00| 149.20| 1.19|43.0-44.0 = 57.7g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 40.00| 46.00| 6.00|11.75| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 51.00| 56.00| 5.00| 1.63| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 129.00|136.00| 7.00| 1.97| |
| |_______|________|______|_________|_____|____________________|
| |AND | 183.00|204.00| 21.00| 0.72| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 183.00|190.00| 7.00| 1.17| |
| |_______|________|______|_________|_____|____________________|
| |AND | 212.00|252.00| 40.00| 0.93| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 219.00|228.00| 9.00| 1.90| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 241.00|249.00| 8.00| 1.14| |
| |_______|________|______|_________|_____|____________________|
| |AND | 259.00|288.00| 29.00| 1.13|282.0-283.0 = |
| | | | | | |10.4g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 282.00|288.00| 6.00| 3.74| |
| |_______|________|______|_________|_____|____________________|
| |KRD235 | 0.00|152.00| 152.00| 1.19|57.0-58.0 = 10.3g/t |
| | | | | | |Au; 129.0-130.0 = |
| | | | | | |21.7g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 0.00| 29.00| 29.00| 1.88| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 53.00| 58.00| 5.00| 3.17| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 63.00| 68.00| 5.00| 1.19| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 101.00|104.00| 3.00| 1.26| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 119.00|126.00| 7.00| 2.02| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 129.00|134.00| 5.00| 6.33| |
| |_______|________|______|_________|_____|____________________|
| |AND | 159.00|186.00| 27.00| 1.02| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 171.00|175.00| 4.00| 2.86| |
| |_______|________|______|_________|_____|____________________|
| |AND | 192.00|257.00| 65.00| 0.65| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 224.00|234.00| 10.00| 0.93| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 245.00|249.00| 4.00| 2.97| |
| |_______|________|______|_________|_____|____________________|
| |KDH236 | 149.00|172.00| 23.00| 1.14| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 160.00|164.00| 4.00| 2.82| |
| |_______|________|______|_________|_____|____________________|
| |AND | 178.00|265.00| 87.00| 0.55| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 180.70|188.00| 7.30| 1.02| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 234.00|239.00| 5.00| 1.05| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 258.00|262.00| 4.00| 1.04| |
| |_______|________|______|_________|_____|____________________|
| |AND | 270.40|320.00| 49.60| 0.77| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 280.50|287.00| 6.50| 1.44| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 309.00|312.00| 3.00| 1.86| |
| |_______|________|______|_________|_____|____________________|
| |AND | 330.00|346.00| 16.00| 0.65| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 335.00|338.00| 3.00| 1.53| |
| |_______|________|______|_________|_____|____________________|
| |AND | 352.00|371.00| 19.00| 0.65| |
| |_______|________|______|_________|_____|____________________|
| |AND | 378.00|407.00| 29.00| 0.89| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 388.60|407.00| 18.40| 1.19| |
|_______|_______|________|______|_________|_____|____________________|
|5200N | KRD260| 37.00| 42.00| 5.00| 1.77| |
|_______|_______|________|______|_________|_____|____________________|
|5225N | KRD224| 2.00| 49.00| 47.00| 1.19|36.0-37.0 = 10.05g/t|
| |_______|________|______|_________|_____|____________________|
| | INCL| 14.00| 21.00| 7.00| 1.64| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 25.00| 37.00| 12.00| 2.49| |
| |_______|________|______|_________|_____|____________________|
| |AND | 62.00| 80.00| 18.00| 0.88| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 76.00| 80.00| 4.00| 2.01| |
| |_______|________|______|_________|_____|____________________|
| |AND | 86.00|102.00| 16.00| 0.93| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 92.00| 95.00| 3.00| 1.72| |
| |_______|________|______|_________|_____|____________________|
| |AND | 108.00|158.00| 50.00| 0.56| |
| |_______|________|______|_________|_____|____________________|
| |KDH225 | 180.00|235.00| 55.00| 1.28| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 183.00|187.00| 4.00| 1.55| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 190.00|195.00| 5.00| 1.39| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 197.10|220.00| 22.90| 1.82| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 228.00|234.00| 6.00| 1.45| |
| |_______|________|______|_________|_____|____________________|
| |AND | 242.00|320.00| 78.00| 1.00|292.0 - 293.0 = |
| | | | | | |16.9g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 247.00|254.00| 7.00| 1.17| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 287.00|306.00| 19.00| 2.22| |
| |_______|________|______|_________|_____|____________________|
| |AND | 327.00|408.75| 81.75| 0.69|370.0 - 371.0 = |
| | | | | | |11.65g/t |
| |_______|________|______|_________|_____|____________________|
| |KDH226 | 4.50|104.15| 99.65| 1.18| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 9.30| 77.00| 67.70| 1.31| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 87.00|100.00| 13.00| 1.18| |
| |_______|________|______|_________|_____|____________________|
| |AND | 113.10|196.30| 83.20| 1.00|140.0 - 141.0 = |
| | | | | | |15.9g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 114.00|130.10| 16.10| 1.03| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 134.00|142.00| 8.00| 3.21| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 147.25|152.00| 4.75| 1.42| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 172.00|181.80| 9.80| 1.50| |
| |_______|________|______|_________|_____|____________________|
| |AND | 204.70|240.00| 35.30| 1.50|222.0 - 223.0 = |
| | | | | | |16.2g/t |
| |_______|________|______|_________|_____|____________________|
| |KRD227 | 0.00| 83.00| 83.00| 1.27|16.0 - 17.0 = |
| | | | | | |12.3g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 0.00| 10.00| 10.00| 1.70| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 14.00| 35.00| 21.00| 2.66| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 67.00| 79.00| 12.00| 1.35| |
| |_______|________|______|_________|_____|____________________|
| |KRD228 | 3.00|188.00| 185.00| 0.83|Core loss : |
| | | | | | |43.0-43.5m; 150.0 - |
| | | | | | |151.0 = 13.05g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 62.00| 79.00| 17.00| 1.25| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 106.00|111.30| 5.30| 1.42| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 139.00|145.00| 6.00| 1.68| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 149.00|159.00| 10.00| 2.53| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 163.00|187.00| 24.00| 1.48| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 199.90|203.00| 3.10| 1.04| |
| |_______|________|______|_________|_____|____________________|
| |KDH229 | 21.00|125.70| 104.70| 1.59|24.0 - 25.0 = |
| | | | | | |48.1g/t Au; 125.0 - |
| | | | | | |125.7 = 18.95g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 21.00| 28.00| 7.00| 7.66| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 52.00| 55.00| 3.00| 1.79| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 89.00|107.00| 18.00| 1.88| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 117.00|125.70| 8.70| 3.85| |
| |_______|________|______|_________|_____|____________________|
| |AND | 142.00|255.00| 113.00| 0.97| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 149.00|160.00| 11.00| 1.13| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 164.30|192.50| 28.20| 1.14| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 208.60|222.00| 13.40| 1.68| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 230.00|239.00| 9.00| 1.09| |
| |_______|________|______|_________|_____|____________________|
| |AND | 262.00|279.60| 17.60| 0.89| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 267.00|273.00| 6.00| 1.63| |
| |_______|________|______|_________|_____|____________________|
| |AND | 288.00|303.00| 15.00| 1.00| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 295.00|303.00| 8.00| 1.67| |
| |_______|________|______|_________|_____|____________________|
| |AND | 312.00|334.16| 22.16| 1.12|ENDED IN |
| | | | | | |MINERALIZATION; |
| | | | | | |319.0 - 320.0 = |
| | | | | | |10.55g/t |
| |_______|________|______|_________|_____|____________________|
| | INCL| 315.70|320.00| 4.30| 2.85| |
| |_______|________|______|_________|_____|____________________|
| |KDH230 | 109.00|176.75| 67.75| 0.82| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 122.00|126.00| 4.00| 2.00| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 142.00|152.00| 10.00| 1.00| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 155.00|163.00| 8.00| 1.19| |
| |_______|________|______|_________|_____|____________________|
| |AND | 197.00|400.10| 203.10| 0.83|ENDED IN |
| | | | | | |MINERALIZATION |
| |_______|________|______|_________|_____|____________________|
| | INCL| 197.00|213.00| 16.00| 2.18| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 270.00|275.00| 5.00| 1.96| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 279.00|289.00| 10.00| 1.08| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 301.00|307.00| 6.00| 1.26| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 348.00|354.00| 6.00| 1.74| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 359.00|363.00| 4.00| 1.03| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 375.00|380.00| 5.00| 2.71| |
| |_______|________|______|_________|_____|____________________|
| | INCL| 396.00|400.10| 4.10| 1.82| |
|_______|_______|________|______|_________|_____|____________________|
|5250N | KRD265| 10.00| 16.00| 6.00| 1.01| |
| |_______|________|______|_________|_____|____________________|
| |AND | 29.00| 43.10| 14.10| 0.82| |
|_______|_______|________|______|_________|_____|____________________|
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 envelop, except for holes KRD243 (2.8-145.0m intercept) and KDH230 (197.0-400.1m intercept) where it has been increased to 6m.
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) No top cut has been applied.
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 sent to ALS Chemex in Ouagadougou for standard preparation followed by Fire Assay on a 50g charge.
10) Certified standards were inserted every 15 samples, field duplicates (in the RC portions) about every 20 and blanks about every 30 samples. The blanks, certified standards and duplicate assays confirm that all assays used to compile the intersections quoted here have passed Volta's rigorous QA/QC checks.
TABLE 2: Collar coordinates and orientation parameters for boreholes on Sections 4950N, 5025N, 5050N, 5075N, 5100N, 5125N, 5150N, 5175N, 5200N,
5225N and 5250N
__________________________________________________________________________________
|SECTION| Hole|Easting|Northing|Elevation| Depth| Dip | Azimuth | RC | DD |
| | ID| | | | | | | | |
| |______|_______|________|_________|______|_________|_________|______|______|
| | | | | (m) | (m) |(degrees)|(degrees)| (m) | (m) |
|_______|______|_______|________|_________|______|_________|_________|______|______|
|4950N |KKRC74| 738927| 1289275| 270| 91.00| -55| 135| 91.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC75| 738958| 1289242| 269| 52.00| -55| 135| 52.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC76| 738975| 1289224| 269| 64.00| -55| 135| 64.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC77| 738995| 1289202| 268| 64.00| -55| 135| 64.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC78| 739016| 1289180| 268| 73.00| -55| 135| 73.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC79| 739102| 1289088| 266| 91.00| -55| 135| 91.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC80| 739132| 1289055| 266|100.00| -55| 135|100.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC81| 739166| 1289018| 265| 58.00| -55| 135| 58.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC82| 739183| 1289000| 265| 55.00| -55| 135| 55.00| 0.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KKRC83| 739200| 1288981| 265|110.00| -55| 135|110.00| 0.00|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5025N |KRD248| 739084| 1289214| 268|282.00| -58| 135| 42.00|240.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH249| 739049| 1289250| 269|321.40| -58| 135| 0.00|321.40|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH251| 739119| 1289179| 267|190.08| -55| 135| 0.00|190.08|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD252| 739155| 1289143| 267|111.14| -55| 135| 42.00| 69.14|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH255| 739189| 1289108| 266|292.20| -58| 315| 0.00|292.20|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5050N |KDH253| 739211| 1289128| 267|352.25| -60| 315| 0.00|352.25|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5075N |KDH241| 739051| 1289322| 270|403.14| -60| 135| 0.00|403.14|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD242| 739192| 1289181| 267| 90.26| -55| 135| 42.00| 48.26|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH245| 739085| 1289286| 269|352.10| -60| 135| 0.00|352.10|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH246| 739121| 1289252| 269|274.00| -58| 135| 0.00|274.00|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD247| 739157| 1289216| 268|180.20| -55| 135| 40.15|140.05|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH250| 739227| 1289146| 266|322.07| -58| 315| 0.00|322.07|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5100N |KRD254| 739068| 1289337| 270|101.05| -55| 135| 42.00| 59.05|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5125N |KDH237| 739086| 1289356| 270|430.34| -60| 135| 0.00|430.34|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH238| 739155| 1289285| 269|276.90| -58| 135| 0.00|276.90|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD239| 739120| 1289321| 269|360.15| -60| 135| 42.00|318.15|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH240| 739260| 1289177| 266|296.44| -58| 315| 0.00|296.44|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH243| 739190| 1289248| 268|165.16| -55| 135| 0.00|165.16|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD244| 739225| 1289213| 267| 90.25| -55| 135| 48.00| 42.25|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5150N |KRD256| 738997| 1289480| 272|102.00| -55| 135| 54.25| 47.75|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD257| 739033| 1289444| 271|200.90| -55| 135| 42.00|158.90|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH258| 739312| 1289163| 266|393.60| -60| 315| 0.00|393.60|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5175N |KRD231| 739225| 1289285| 267|177.15| -55| 135| 27.00|150.15|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH232| 739156| 1289357| 269|361.41| -60| 135| |361.41|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD233| 739260| 1289249| 267| 96.08| -55| 135| 30.50| 65.58|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH234| 739294| 1289214| 266|292.10| -58| 315| |292.10|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD235| 739191| 1289321| 268|269.87| -58| 135| 31.00|238.87|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH236| 739120| 1289390| 270|430.10| -60| 135| |430.10|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5200N |KRD260| 739067| 1289479| 272|126.13| -55| 135| 48| 78.13|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD262| 739103| 1289445| 271|100.33| -55| 135| 33| 67.33|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5225N |KRD224| 739262| 1289322| 267|177.30| -55| 135| 43|134.30|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH225| 739156| 1289428| 270|430.20| -60| 135| 0|430.20|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH226| 739226| 1289357| 268|252.50| -58| 135| 0|252.50|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD227| 739298| 1289286| 267|102.10| -55| 135| 39| 63.10|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD228| 739333| 1289251| 266|210.25| -58| 315| 43.5|166.75|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH229| 739191| 1289392| 269|334.16| -60| 135| 0|334.16|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KDH230| 739368| 1289216| 265|400.10| -60| 315| 0|400.10|
|_______|______|_______|________|_________|______|_________|_________|______|______|
|5250N |KDH261| 739067| 1289550| 273|175.05| -55| 135| 0|175.05|
| |______|_______|________|_________|______|_________|_________|______|______|
| |KRD265| 739139| 1289480| 271|102.17| -55| 135| 36| 66.17|
|_______|______|_______|________|_________|______|_________|_________|______|______|
Drilling will continue at Kiaka with three rigs until the onset of the seasonal rains at which time it will be interrupted for approximately two months, from mid-July to mid-September. The program, until mid-July, will include further testing of the KMZ and testing of a combined ground geophysical (ground magnetics and gradient array induced polarization) soil geochemical anomaly inferred to be a new parallel mineralized zone to the west of the Kiaka Hanging Wall Zone (KHZ).
To view “Figure 1 : Location of Holes“ please click http://files.newswire.ca/407/VoltaJun27.doc
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, toward a development decision.
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 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 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.
For further information:
please refer to our website www.voltaresources.com or contact:
Kevin Bullock, P.Eng., President & CEO
Tel: (647) 388-1842
Fax: (416) 867-2298
Email: kbullock@voltaresources.com
or
Andreas Curkovic, Investor Relations
Tel: (416) 577-9927