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Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.


PINL:VLTAF - Post by User

Comment by stayhumble1on Sep 22, 2010 9:50am
241 Views
Post# 17478083

RE: ***NEWS***

RE: ***NEWS***

From the release:

The drilling program is aimed at achieving the following objectives (see Figure 2):


- Infill the core of the main deposit defined so far in the Central
Area to 25m x 50m drill spacing in order to raise the category of
most of the Indicated to Measured Resources and Inferred to Indicated
Resources.

- Extend the drilling depth of the main area of the deposit in the
Central Area so that the interval between 200 meters and 300 meters
below surface delivers Inferred Resources.

- Extend and infill the drilling north of the main deposit by
approximately 450 meters on 50m x 50m drill spacing in an attempt to
add additional Indicated and Inferred Resources.

- Additional drilling to the northwest of the main deposit in the
Central Area in order to follow up recent good intersections achieved
in the KHZ zone. This drilling will also attempt to add Indicated and
Inferred Resources.

- Extend and infill the drilling south of the main deposit by
approximately 400 meters on 50m x 50m drill spacing in an attempt to
add additional Indicated and Inferred Resources.

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