News release out !!! Drill reports!!VOLTA RESOURCES INTERSECTS 179.9m @ 1.03g/t GOLD, INCLUDING 30.8m @ 1.68g/t GOLD AND EXTENDS THE KMZ TOWARDS THE NORTHEAST
Canada NewsWire
TSX: VTR
TORONTO,March 31 /CNW/ - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces the drill results from the next completed sections fromits
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 4 holes located on section 5500N,
8 holes located on section 5525N and 22 holes on sections 5850N (14
holes) and 5900N (8 holes). Sections 5500N and 5525N are located in the
central part of the deposit (see Figure 1), respectively some 25m and
50m NE of previous released section 5475N (see News Release of 4 March,
2011). The holes on section 5500N were drilled to infill 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.
Sections 5850N and 5900N are situated on the northern extension of the
main deposit. Holes on these sections were drilled to test the
potential extension of the deposit to the north with shallow Reverse
Circulation drilling ("RC drilling"). The highlights from these four
sections include:
KDH191 : 129.0m @ 0.96g/t Au, incl. 12.2m @ 2.02g/t Au
AND : 29.8m @ 1.91g/t Au, incl. 16.1m @ 2.37g/t Au
KDH193 : 25.0m @ 2.04g/t Au
KRD194 : 82.0m @ 1.04g/t Au, incl. 17.0m @ 1.70g/t Au
KDH195 : 195.0m @ 0.86g/t Au, incl. 13.3m @ 1.93g/t Au.
KDH196 : 157.0m @ 0,90g/t Au, incl. 15.0m @ 1.40g/t Au
KDH197 : 75.1m @ 1.09g/t Au, incl. 32.0m @ 1.80g/t Au.
KDH198 : 94.0m @ 1.05g/t Au, incl. 7.0m @ 2.27g/t Au
KRD199 : 105.0m @ 1.13g/t Au, incl. 8.0m @ 3.16g/t Au.
AND : 77.0m @ 1.09g/t Au, incl. 9.0m @ 3.97g/t Au
KDH200 : 179.9m @ 1.03g/t Au, incl. 30.8m @ 1.68g/t Au.
KRD202 : 67.0m @ 1.16g/t Au, incl. 9.0m @ 4.18g/t Au
KKRC56 : 32.0m @ 0.64g/t Au, incl. 5.0m @ 2.09g/t Au.
KKRC60 : 13.0m @ 1.71g/t Au.
KKRC63 : 21.0m @ 1.27g/t Au, incl. 6.0m @ 3.15g/t Au.
KKRC68 : 36.0m @ 0.60g/t Au, incl. 3.0m @ 1.83g/t Au.
Kevin Bullock, Volta's CEO, said, "Our results continue to meet and
exceed expectations. The story at Kiaka this year is that we have
extended the mineralization wider and deeper which is particularly
encouraging for our upcoming resource update."
The holes on sections 5500N and 5525N have extended the Kiaka Main Zone
(KMZ) mineralization to over 400m vertical depth and a horizontal width
of over 250m. Holes KDH193 and KDH195, drilled on sections 5500N and
5525N respectively, confirm that the KMZ extends further to the
northwest than previously interpreted.
Holes on sections 5850N and 5900N show that the KMZ extends further to
the northeast. Holes KKRC62 on section 5850N and KKRC66, KKRC67 and
KKRC68 on section 5900N show the northeastern extension of one of the
parallel mineralized shears which make-up the Hanging Wall Zone (KHZ).
Holes KKRC60 and KKRC61 on section 5850N and KKRC63 on section 5900N
suggest the presence of a "new" NNE-trending mineralized zone,
northeast of the KMZ.
Results for the holes are highlighted in Table 1 and in Figures 2, 3 and
4. 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 sections 5500N, 5525N,
5850N and 5900N