Nov 30 2010
Volta Resources Inc. (TSX: VTR) announced today the first drill results from its new, on-going, drilling program comprising more than 250 holes for approximately 50,000 meters in the Central Area at its Kiaka Gold Project in Burkina Faso.
Results have been received to date for 8 holes from this campaign, six holes located on Section 5275N and two holes located on Section 5300N, respectively. These holes were mainly aimed at infilling the main deposit, defined so far, in the Central Area to 25m x 50m drill spacing and extending the drilling depth down another 100 vertical meters to a vertical depth of 300 meters. The highlights from these two sections include:
- KDH 143 : 63.60m @ 2.68 g/t Au, including 21.50m @ 5.79 g/t Au AND
- KDH 143 : 115.00m @ 1.06 g/t Au, including 16.55m @ 1.72 g/t Au
- KDH 145 : 79.00m @ 0.98 g/t Au, including 43.00m @ 1.41 g/t Au
- KDH 146 : 84.00m @ 1.56 g/t Au, including 11.75m @ 3.35 g/t Au AND 23.0m @ 2.25 g/t Au
- KDH 151 : 33.50m @ 1.93 g/t Au, including 23.00m @ 2.13 g/t Au AND
- KDH 151 : 75.25m @ 1.35 g/t Au, including 32.55m @ 2.18 g/t Au
- KDH 150 : 72.30m @ 2.15 g/t Au, including 20.00m @ 2.71 g/t Au AND 22.90m @ 3.47 g/t Au AND
- KDH 150 : 16.00m @ 2.03 g/t Au, including 4.90m @ 4.27 g/t Au
Kevin Bullock, Volta's President and CEO, said, "With the infill holes confirming the excellent results consistently seen from our first drill program, along with the deeper holes hitting the mineralization down to a 300 meter depth, we are pleased about the resource growth potential at the Kiaka Gold Project."
The holes on Sections 5275N and 5300N have extended the mineralization to over 300m vertical depth, while Hole KDH 150 on Section 5300N has also extended the width of the Kiaka Hanging Wall Zone.
Analyses of the Volta samples were undertaken by fire assay on a 50 gram 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.
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.
Source: Volta Resources Inc.