Volta files technical report on Kiaka South Area deposit
Thursday, Nov 08, 2012
Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces that it has today filed a technical report (the "Report") on its Kiaka South Area deposit, located 700 metres southwest of the main Kiaka Gold Deposit in Burkina Faso in West Africa, pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects, which is available under the Company's profile at http://www.sedar.com.
The Report supports the disclosure contained in the Company's news release issued on September 27, 2012, announcing the results of an updated mineral resource estimate on the Kiaka Gold Project, Burkina Faso, October 2012 by SRK Consulting UK Limited (Cardiff) ("SRK").
The Company confirms that there are no material differences in the mineral resource estimate announced on September 27, 2012 and the results contained in the Report.
About Volta Resources:
Volta Resources has a portfolio of quality gold exploration projects in Burkina Faso and Ghana, both mining-friendly West African jurisdictions with proven world-class gold deposits. VTR will focus on fast-tracking its flagship Kiaka Gold Project (NI-43-101 compliant resources include 117.42 million tonnes @ 1.07 g/t Au for 4,029,000 ounces in the Measured and Indicated categories and 29.96 million tonnes @ 1.00 g/t Au for 1,000,000 ounces in the Inferred category [Please see VTR press release dated March 21, 2012] including 34.38 million tonnes @ 1.04 g/t Au for 1,145,969 ounces of gold in the Proven category and 91.70 million tonnes @ 0.93 g/t Au for 2,742,353 ounces of gold in the Probable category [Please see VTR press release dated May 3, 2012]) towards a development decision, aiming to complete a Feasibility Study in Q1, 2013. Recent acquisition of properties around Kiaka has provided VTR with an extensive ground position along the highly prospective Markoye Fault Corridor in an important emerging gold province.
Source: Volta Resources