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JaidenInvesteron Feb 22, 2011 9:39am
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NEWS !!!! Drill report
NEWS !!!! Drill reportOh ya anther nice drill report !!!
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January 20, 2011
Volta Resources Drills 296.0 m at 1.07 g/t Gold, Including 12.0M @ 3.25 g/t Gold at its Kiaka Gold Project, Burkina Faso
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- Also 193.0m @ 1.02 g/t gold, including 12.7m @ 1.90g/t gold -
Toronto, ON - January 20 2011 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed sections from its 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 (see News Release of 22 September 2010).
Results have been received to date for 11 holes located on Sections 5375N (5 holes) and 5400N (6 holes, See Figure 1), respectively. These are located 25m and 50m northeast of previous released section 5350N (see News Release of January 6th). These holes aimed at infilling the main deposit defined so far in the Central Area to 25m x 50m drill spacing and to extend the drilling depth down another 100 vertical meters. The highlights from these two sections include:
- KDH160 : 193.00m @ 1.02g/t Au, including 12.7m @ 1.90g/t Au
- KDH167 : 51.00m @ 2.11g/t Au
- KDH171 : 40.25m @ 1.39g/t Au, including 9.8m @ 2.33g/t Au AND 7.0m @ 4.59g/t Au
- KRD172 : 49.90m @ 1.25g/t Au, including 6.0m @ 6.12g/t Au
- KRD176 : 166.05m @ 1.08g/t Au, including 6.05m @ 2.17g/t Au AND
- KRD176 : 82.30m @ 1.06g/t Au, including 14.3m @ 1.92g/t Au
- KDH164 : 296.00m @ 1.07g/t Au, including 12.0m @ 3.25g/t Au
- KDH178 : 151.00m @ 1.24g/t Au, including 8.0m @ 4.84g/t Au
Kevin Bullock, Volta's CEO, said, "Our infill drilling program continues to demonstrate outstanding widths. These results, especially the ones beneath 200 metres will have a positive impact on our forthcoming resource update. Hole KDH164 is our longest intersection to date at Kiaka".
The holes on section 5375N as well as holes KDH164 and KDH178 on section 5400N have extended the Kiaka Main Zone (KMZ) mineralization to over 300m vertical depth. Hole KDH164 on section 5400N has intersected the entire KMZ, between 106 and 402m, returning 296m at an average grade of 1.07g/t gold (maximum internal dilution 10m). Holes KDH162, KDH163, KDH173 and KDH178 KDH on Section 5400N have extended the width of the Kiaka Hanging Wall Zone (KHZ) and confirmed that the KHZ is composed of multiple parallel mineralized zones (shears), ranging in width from 5m to over 20m. These shears are sub-vertical, but tend towards the Northwest to take a more gentle dip, possibly because of the presence of a gabbroic (amphibolite) intrusion.
Results for the holes are highlighted in Table 1 and on sections in Figures 2 and 3. 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.
Table 1: Highlights of gold intersections for Section 5325N
SECTION |
BHID |
FROM |
TO |
INTERVAL |
Au g/t |
COMMENT |
5375N |
KDH160 |
94.00 |
124.00 |
30.00 |
0.67 |
95.0 - 95.9 : 11.16g/t |
AND |
129.20 |
140.00 |
10.80 |
0.72 |
|
AND |
154.70 |
207.00 |
52.30 |
0.91 |
|
INCL |
156.10 |
159.00 |
2.90 |
1.05 |
|
INCL |
164.00 |
172.00 |
8.00 |
1.58 |
|
INCL |
176.00 |
188.00 |
12.00 |
1.11 |
|
INCL |
191.00 |
197.00 |
6.00 |
1.22 |
|
INCL |
201.10 |
205.00 |
3.90 |
1.43 |
|
AND |
213.00 |
406.00 |
193.00 |
1.02 |
|
INCL |
231.00 |
243.70 |
12.70 |
1.90 |
|
INCL |
246.00 |
258.00 |
12.00 |
1.18 |
|
INCL |
261.00 |
277.00 |
16.00 |
1.20 |
|
INCL |
280.00 |
305.00 |
25.00 |
1.48 |
|
INCL |
318.00 |
321.00 |
3.00 |
1.60 |
|
INCL |
325.00 |
330.10 |
5.10 |
1.01 |
|
INCL |
335.95 |
376.00 |
40.05 |
1.15 |
|
INCL |
379.00 |
385.00 |
6.00 |
1.45 |
|
INCL |
389.00 |
394.00 |
5.00 |
1.01 |
|
KRD167 |
35.00 |
95.00 |
60.00 |
0.92 |
|
INCL |
46.00 |
54.00 |
8.00 |
1.48 |
|
INCL |
71.00 |
75.00 |
4.00 |
1.42 |
|
INCL |
86.00 |
89.00 |
3.00 |
4.87 |
86.0 - 87.0 : 11.45g/t |
AND |
102.00 |
116.00 |
14.00 |
0.55 |
|
INCL |
107.00 |
111.00 |
4.00 |
1.15 |
|
AND |
125.00 |
146.00 |
21.00 |
0.76 |
|
INCL |
125.00 |
129.00 |
4.00 |
1.42 |
|
INCL |
133.00 |
136.00 |
3.00 |
1.64 |
|
AND |
156.00 |
207.00 |
51.00 |
2.11 |
|
INCL |
156.00 |
206.00 |
50.00 |
2.14 |
|
AND |
224.00 |
284.10 |
60.10 |
0.89 |
|
INCL |
224.00 |
233.00 |
9.00 |
1.26 |
|
INCL |
236.00 |
242.00 |
6.00 |
1.28 |
|
INCL |
252.80 |
257.00 |
4.20 |
1.91 |
|
INCL |
261.00 |
265.00 |
4.00 |
1.09 |
|
INCL |
268.00 |
274.00 |
6.00 |
1.15 |
|
KDH168 |
17.60 |
53.00 |
35.40 |
0.68 |
|
INCL |
44.00 |
50.00 |
6.00 |
1.82 |
|
AND |
66.00 |
117.00 |
51.00 |
0.81 |
|
INCL |
66.00 |
68.95 |
2.95 |
1.91 |
|
INCL |
85.00 |
99.00 |
14.00 |
1.37 |
|
AND |
129.00 |
141.00 |
12.00 |
0.92 |
|
INCL |
137.00 |
141.00 |
4.00 |
2.16 |
|
AND |
148.00 |
160.00 |
12.00 |
1.04 |
|
INCL |
151.65 |
160.00 |
8.35 |
1.38 |
|
AND |
171.10 |
182.00 |
10.90 |
0.55 |
|
KDH171 |
0.90 |
41.15 |
40.25 |
1.39 |
|
INCL |
12.00 |
21.80 |
9.80 |
2.33 |
|
INCL |
26.80 |
41.15 |
14.35 |
1.92 |
|
AND |
58.00 |
119.00 |
61.00 |
1.07 |
|
INCL |
74.00 |
86.00 |
12.00 |
1.25 |
|
INCL |
103.00 |
107.00 |
4.00 |
1.19 |
|
INCL |
112.00 |
119.00 |
7.00 |
4.59 |
118.0 - 119.0 : 24.3g/t |
KRD172 |
2.00 |
65.70 |
63.70 |
0.74 |
|
INCL |
6.00 |
9.00 |
3.00 |
1.06 |
|
INCL |
18.00 |
25.00 |
7.00 |
1.05 |
|
INCL |
50.00 |
55.00 |
5.00 |
1.27 |
|
INCL |
59.00 |
65.70 |
6.70 |
1.15 |
|
AND |
71.00 |
104.00 |
33.00 |
0.73 |
|
INCL |
86.70 |
104.00 |
17.30 |
1.07 |
|
AND |
144.00 |
193.90 |
49.90 |
1.25 |
|
INCL |
144.00 |
150.00 |
6.00 |
6.12 |
146 - 147m : 31.7g/t |
INCL |
159.00 |
162.00 |
3.00 |
2.45 |
|
INCL |
168.00 |
172.00 |
4.00 |
1.66 |
|
KRD176 |
0.00 |
28.00 |
28.00 |
0.78 |
|
INCL |
1.00 |
5.00 |
4.00 |
1.38 |
|
INCL |
18.00 |
22.00 |
4.00 |
2.02 |
|
AND |
54.95 |
221.00 |
166.05 |
1.08 |
|
INCL |
82.00 |
86.45 |
4.45 |
2.33 |
|
INCL |
89.00 |
94.60 |
5.60 |
1.91 |
|
INCL |
98.10 |
115.00 |
16.90 |
1.19 |
|
INCL |
130.00 |
136.05 |
6.05 |
2.17 |
|
INCL |
143.00 |
147.60 |
4.60 |
2.21 |
|
INCL |
152.80 |
160.30 |
7.50 |
1.34 |
|
INCL |
164.00 |
171.00 |
7.00 |
1.38 |
|
INCL |
179.70 |
200.00 |
20.30 |
1.51 |
|
INCL |
205.00 |
213.00 |
8.00 |
1.58 |
|
INCL |
216.00 |
220.00 |
4.00 |
2.18 |
|
AND |
231.80 |
314.10 |
82.30 |
1.06 |
|
INCL |
233.00 |
238.60 |
5.60 |
1.91 |
|
INCL |
242.70 |
257.00 |
14.30 |
1.92 |
|
INCL |
265.00 |
268.00 |
3.00 |
1.27 |
|
INCL |
275.05 |
281.00 |
5.95 |
1.94 |
|
INCL |
303 . 00 |
308.00 |
5.00 |
1.90 |
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5400N |
KDH162 |
107.00 |
127.00 |
20.00 |
0.85 |
|
INCL |
113.00 |
116.00 |
3.00 |
1.57 |
|
INCL |
119.00 |
127.00 |
8.00 |
1.26 |
|
KDH163 |
3.20 |
32.00 |
28.80 |
0.58 |
|
AND |
80.55 |
102.00 |
21.45 |
0.73 |
|
KDH164 |
82.85 |
87.90 |
5.05 |
1.21 |
|
AND |
93.00 |
216.10 |
123.10 |
1.00 |
|
INCL |
106.00 |
118.00 |
12.00 |
3.25 |
107.0 - 108.0 : 23.1g/t |
INCL |
136.00 |
143.80 |
7.80 |
0.69 |
|
INCL |
160.70 |
172.00 |
11.30 |
1.05 |
|
INCL |
176.00 |
186.00 |
10.00 |
1.08 |
|
INCL |
188.65 |
191.90 |
3.25 |
1.32 |
|
INCL |
198.00 |
211.00 |
13.00 |
1.87 |
|
AND |
221.30 |
246.70 |
25.40 |
0.77 |
|
INCL |
221.30 |
231.00 |
9.70 |
1.26 |
|
AND |
251.90 |
316.00 |
64.10 |
1.35 |
|
INCL |
261.00 |
265.00 |
4.00 |
2.20 |
|
INCL |
269.00 |
316.00 |
47.00 |
1.51 |
|
AND |
326.00 |
402.00 |
76.00 |
1.20 |
|
INCL |
326.00 |
346.00 |
20.00 |
1.54 |
|
INCL |
349.00 |
362.00 |
13.00 |
1.81 |
|
INCL |
367.00 |
376.85 |
9.85 |
1.66 |
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KDH173 |
9.00 |
21.00 |
12.00 |
0.51 |
|
AND |
84.65 |
100.50 |
15.85 |
0.64 |
ENDED IN MINERALIZATION |
INCL |
84.65 |
88.00 |
3.35 |
1.42 |
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KDH178 |
99.00 |
113.00 |
14.00 |
0.63 |
|
AND |
135.40 |
165.70 |
30.30 |
0.76 |
|
INCL |
150.00 |
157.00 |
7.00 |
1.37 |
|
INCL |
161.00 |
165.70 |
4.70 |
1.25 |
|
AND |
194.10 |
209.00 |
14.90 |
0.67 |
|
INCL |
201.40 |
206.00 |
4.60 |
1.11 |
|
AND |
219.00 |
370.00 |
151.00 |
1.24 |
ENDED IN MINERALIZATION |
INCL |
219.00 |
222.00 |
3.00 |
1.07 |
|
INCL |
232.00 |
240.00 |
8.00 |
4.84 |
237.0 - 238.0: 29.40g/t |
INCL |
253.00 |
258.00 |
5.00 |
1.98 |
|
INCL |
267.00 |
295.00 |
28.00 |
1.76 |
|
INCL |
297.65 |
305.00 |
7.35 |
1.84 |
|
INCL |
313.00 |
317.00 |
4.00 |
1.27 |
|
INCL |
320.00 |
344.00 |
24.00 |
1.27 |
|
INCL |
349.00 |
355.00 |
6.00 |
1.04 |
|
INCL |
363.00 |
370.00 |
7.00 |
1.02 |
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Notes on Tables 1:
- Intervals are core length. True width is unknown at this time.
- 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 KDH168 (17.6-53.0m and 129.0-141.0m) and KDH178 (219.0-370.0m)
- 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. No top cut has been applied.
- 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.
- The intersections represent sections drilled by reverse circulation (RC) and/or cored drilling (see Table 2).
- The RC portions of the drill holes were sampled at 1 m 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 metre 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.
- Samples were sent to ALS Chemex in Ouagadougou for standard preparation followed by Fire Assay on a 50g charge.
- 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.
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