Company News: Volta Resources
Updated: 30 Mar 2010
Volta Resources Inc. (VTR-TSX) is maximizing its mandate to become a leader in identification, acquisition and exploration of gold-rich properties in West Africa. VTR has a portfolio of properties in Ghana, Burkina Faso and Mali; all mining-friendly countries having proven world-class gold deposits. Volta is currently advancing its flagship Kiaka gold project towards a NI43-101 compliant resource due Q2, 2010.
Also Known as: Volta
Business Category Exploration; Mining
Regions of Operation West Africa
Head Office
- Volta Resources Inc.
- Suite 602 - 67 Yonge Street
- Toronto
- Ontario
- M5E 1J8
- Canada
Most Recent Investor Series Presentation
Speaker Biography
Most Recent Company News
- Investor Seminars: Africa Day 03/10 - African sweet spot - 26 Mar 2010 12:18pm
Africa has much to offer but needs a hand up, not a hand out Read more... - Randgold to sell Kiaka - 11 Sep 2009 11:21am
Randgold Resources Ltd has signed a letter of intent to sell its Kiaka gold project in Burkina Faso to Volta Resources Inc for C$7.6 million (US$7 million) in cash and shares Read more... - Bui Dam impact - 24 Jul 2009 10:33am
Volta Resources Inc has been told the Ghanaian authorities will not renew the environmental permits for its exploration licences in the Bui Belt. Read more...
12 Aug 2010
Volta Hits More Gold at its Nassara Gold Prospect in Southwestern Burkina Faso -Intersections of 9 meters @ 11.5 g/t gold, 5 meters @ 6.5 g/t gold and 19 meters @ 2.22 g/t gold- - 120810VTRPRFinal.pdf
Toronto, ON – August 12th, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the results from its drilling program recently completed at the Nassara prospect, on its 100% owned Danyoro permit, in southwestern Burkina Faso, West Africa.
The drilling program, comprising 35 drill holes (3,515 metres), targeted a 2.2 kilometer portion of a 10 kilometer long northwest trending shear zone associated with gold in bedrock (see News Release of 16 June, 2010). The program has identified three northwesterly plunging ore shoots, each with a strike length between 400 and 600m. The gold mineralization occurs in quartz veining hosted along the sheared contact between volcanic flows and graphitic schists (See Figure #1). The ore shoots dip 45-60° to the southwest.
15 Jul 2010
VOLTA RESOURCES ANNOUNCES FILING OF FINAL SHORT FORM PROSPECTUS AND THE KIAKA NI 43-101 REPORT - PR-Final-Prospectus-July-15-2010-v2.pdf
Toronto, ON – July 15, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces that it has received a receipt dated July 14, 2010 for a final Short Form Prospectus filed with the securities commission in each of the provinces of Alberta, British Columbia Manitoba and Ontario, relating to its previously announced private placement of special warrants with a syndicate of underwriters led by Cormark Securities Inc. and including GMP Securities L.P., Wellington West Capital Markets Inc., Rodman & Renshaw, LLC and M Partners Inc. (collectively, the "Underwriters") (See press release dated June 21, 2010). The Underwriters had purchased 22,258,000 special warrants on an underwritten bought deal private placement basis, at a price of $1.55 per special warrant for aggregate gross proceeds to the Company of $34,499,900. Each special warrant entitled the holder thereof to receive, without payment of additional consideration, one common share of Volta. As a result, the 22,258,000 common shares issuable upon exercise of the special warrants are now qualified for distribution to the public.
05 Jul 2010
Volta Announces Maiden NI 43-101 Compliant Resource for its Kiaka Gold Project Indicated Resources of 41.25Mt @ 1.04 g/t Au for 1,384,000 Ounces of Gold and Inferred Resources of 15.90Mt @ 0.90 g/t Au for 480,000 Ounces of Gold - 290610VTRPRFinal.pdf
Toronto, ON – June 29th, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces a maiden NI43-101 compliant resource estimate for its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. The resource estimation has been undertaken by independent consultants, SRK Consulting (UK) Ltd. based in Cardiff, United Kingdom. The resource estimate is based on more than 25,000 metres of drilling including 147 holes drilled by Volta and previous owner Randgold Resources Limited. The drilling was completed on schedule and the results have led to a robust maiden resource with demonstrable upside.
22 Jun 2010
Volta Completes Its In-fill and Extension Drilling Program at Its Kiaka Gold Project Intersects 54.0m at 3.16g/t Gold, Including 19.0m at 5.92g/t Gold - 220610VTRPRFinal.pdf
Toronto, ON – June 22nd, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed sections at its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. To date, 113 holes (17,517meters) have been drilled, thereby completing the planned infill and extension drilling to be used to define a NI43-101 compliant resource at the Central Area at Kiaka.
21 Jun 2010
Volta Files Amended Annual Information Form - 210610VTRPRFinal.pdf
Toronto, ON – June 21, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) has filed an amended annual information form (the “Amended AIF”) on the System for Electronic Document Analysis and Retrieval (SEDAR), which can be viewed electronically under the Company’s profile at www.sedar.com. Volta has chosen to file the Amended AIF to amend certain disclosure concerning the Company’s non-material mineral properties. Volta does not view the amendments reflected in the Amended AIF as a material change.
16 Jun 2010
Volta Commences Drilling Program to Follow-Up High-Grade Gold Targets at its Nassara Prospect, Gaoua Project, in Burkina Faso - 160610VTRPRFinal.pdf
Toronto, ON – June 16, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces that it has commenced a combined reverse circulation ("RC") and diamond drilling (“DD”) program for a total of approximately 3,500 metres at its Nassara prospect on the Danyoro permit, which forms part of the 100% owned Gaoua Project in southern Burkina Faso, West Africa. The current program will follow up the positive scout drilling results obtained in January 2010 (see News Release of 28 January 2010) and the results from the recent trenching carried out over the target.
11 Jun 2010
Volta Receives Proceeds of $3,291,928 from the Exercise of Warrants Held By International Finance Corporation (Member of the World Bank Group) and Randgold Resources - 110610VTRPRFinal.pdf
Toronto, ON – June 11th 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces that it has received the proceeds from the acceleration of certain warrants held by International Finance Corporation (“IFC”) (a member of the World Bank Group), and Randgold Resources (“Randgold”), as per the terms of a previous financing agreement (See Volta press release dated March 22, 2010). On May 12th, 2010, the 15 day volume weighted average (“VWAP”) of Volta’s common stock surpassed $1.55 per share, triggering the acceleration of the warrants. IFC and Randgold elected to exercise their 2,702,702 warrants, and 493,345 respectively, at the agreed exercise price of $1.03 per warrant thereby generating gross proceeds of $3,291,928 to the Company.
10 Jun 2010
Volta Extends Gold Mineralization Further South At Its Kiaka Gold Project Intersects 82.0m at 1.12g/t Gold, Including 42.1Meters at 1.54g/t Gold - 100610VTRPRFinal.pdf
Toronto, ON – June 10th 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed sections at its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. To date, 113 holes (17,517meters) have been drilled, thereby completing the planned infill and extension drilling to be used to define a NI43-101 compliant resource at the Central Area at Kiaka.
03 Jun 2010
Volta Extends Gold Mineralization Further South At Its Kiaka Gold Project Intersects 142 Meters at 1.04g/t Gold, Including 9.0Meters at 2.64g/t Gold - 030610VTRPRFinal.pdf
Toronto, ON – June 3rd 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed sections at its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. To date, 113 holes (17,517.41meters) have been drilled thereby completing the planned infill and extension drilling to be used to define a NI43-101 compliant resource at the Central Area at Kiaka. It should be emphasized that this infill drilling is limited to a vertical depth of 200 meters, whereas previous in-house drilling and estimates by Randgold for the same area extended to a vertical depth of 300m. Consequently, the company is aiming to convert approximately two thirds of the Randgold in-house estimates to NI43-101 compliant resource categories during the current phase.
02 Jun 2010
Volta Closes $34.5 Million Bought Deal Private Placement - 020610VTRPRFinal.pdf
Toronto, ON – June 2, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces that it has closed its previously announced private placement of special warrants with a syndicate of underwriters led by Cormark Securities Inc. and including GMP Securities L.P., Wellington West Capital Markets Inc., Rodman & Renshaw, LLC and M Partners Inc. (collectively, the “Underwriters”). The Underwriters have purchased 22,258,000 special warrants, including 2,903,160 special warrants sold pursuant to the Underwriters’ option, on an underwritten bought deal private placement basis, at a price of $1.55 per special warrant for aggregate gross proceeds to the Company of $34,499,900.
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