from JUne, 2013 Corporate Presentation
FEASIBILITY BIAS
Geological and resource models of the Kiaka Central Area optimized by further improving the definition of the higher grade mineralized bands that are evident in this large gold deposit.
Resource supports lower initial ore throughput with selectively mined, significantly higher grade, material feeding a single-line processing plant (6Mtpa), while stockpiling lower grade material.
This should lead to considerably reduced initial CAPEX requirements than would be needed for the larger twin-line processing plant (12Mtpa) outlined in the Pre-Feasibility study.
Volta Resources' ultimate ownership of the Project is 81%, with a local Burkinabe Company holding 9% as a particpating partner and the Burkina Faso state owning a 10% free carried interest.
Project economics are pre-tax and pre-royalty and do not consider inflation.