PINL:VLTAF - Post by User
Post by
4x4on Jun 29, 2010 3:38pm
383 Views
Post# 17231921
How can you not like these statements
How can you not like these statementsSRK states that, and Volta concurs, there is considerable potential to find additional resources in the Central Area at Kiaka. These could be derived from:
- at depth beneath the main mineralized strike interval identified so far,
- along strike to the south where scout drilling has encountered encouraging mineralization,
- along strike to the north where faulting may have offset the mineralization to the east of the current drilling coverage; and
- Within the current mineralized wireframes where more material is present at lower-grade which could add low grade ounces to the deposit should more favourable costs than currently assumed be defined.
In addition, drilling currently underway in the south area (approximately 400 metres to the south of the current resource) is pursuing a target that has similar geological and geophysical characteristics to the central area. Volta plans to continue exploration at Kiaka including more than
20,000 metres of additional drilling in the second half of this year. Volta also plans to commence a scoping study this year which will lead into a pre-feasibility program.