Company News: Volta Resources
Updated: 05 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
Latest Press Releases
11 Mar 2010
VOLTA DRILLING EXTENDS THE MINERALIZATION AT ITS GONGONDY COPPER-GOLD PORPHYRY DEPOSIT AT ITS GAOUA PROJECT IN SOUTHWESTERN BURKINA FASO
Toronto, ON – March 8, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces significant copper-gold intercepts from its 27 hole, 2,408 meter Reverse Circulation (“RC”) drilling program recently completed at the Gongondy deposit, on its 100% owned Gaoua copper-gold porphyry project in southern Burkina Faso, West Africa. Gongondy and Dienemera are two of several copper-gold porphyry targets on the Gaoua Project where sufficient drilling has been undertaken to estimate a maiden NI43-101 compliant resource comprising more than 1 million ounces of gold and 720 million pounds of copper (see Figure 1 and Table 4). The current drilling now extends the mineralization at Gongondy to the south and to the west.
04 Mar 2010
VOLTA INTERSECTS 82.10 METERS AT 2.27 g/t GOLD FROM ITS KIAKA GOLD PROJECT IN BURKINA FASO
Toronto, ON – March 2, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed section at its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. To date, 52 holes (~8,200 meters) have been completed of a program comprising more than 150 holes (>22,000 meters). So far results have been received for 40 holes, with this news release covering the latest 9 holes, which are all located on Section 5400N.
04 Mar 2010
VOLTA DRILLING CONFIRMS A NEW PORPHYRY COPPER TARGET AT ITS GAOUA PROJECT IN SOUTHWESTERN BURKINA FASO
Toronto, ON – February 26, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces that a five hole scout drilling program, recently completed on the Company’s wholly-owned Gaoua Project in southwestern Burkina Faso, has confirmed porphyry-style copper mineralization at the Boussera Target. The mineralization is similar to that encountered at the Dienemera and Gongondy copper-gold porphyry deposits on the Gaoua Project, where a maiden NI43-101 compliant resource comprising more than 1 million ounces of gold and 720 million pounds of copper have been estimated.
04 Mar 2010
VOLTA REPORTS ADDITIONAL POSITIVE RESULTS FROM TARGET ZONE B AT THE MAMENA-FOFORA PROSPECT AT KAMPTI IN SW BURKINA FASO
Toronto, ON – February 11, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announced today results from its recently completed short drilling program comprising 10 holes for 921 meters on the Maména-Fofora prospect at its 100% owned Kampti III property in southern Burkina Faso, West Africa. Highlights include intersections of 3m @ 3.06g/t Au, 6m @ 2.49 g/t Au, 4m @ 2.11g/t Au, 17m @1.14g/t Au and 4m @ 1.53g/t Au.
04 Mar 2010
VOLTA RESOURCES INTERSECTS 191 METERS at 1.31 G/T GOLD AT ITS KIAKA GOLD PROJECT IN BURKINA FASO
Toronto, ON – February 4, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed section at its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. To date, 36 holes (~5,400 meters) have been completed of a program comprising more than 150 holes (>22,000 meters). So far results have been received for 14 holes, with this news release covering the latest 9 holes, which are all located on Section 5300N.
04 Mar 2010
VOLTA INTERSECTS 15 METRES @ 4.45g/t GOLD AT ITS NASSARA GOLD PROSPECT IN SOUTHWESTERN BURKINA FASO
Toronto, ON – January 28, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the results from a four hole scout drilling program recently completed at the Nassara prospect, at its 100% owned Danyoro permit, in southwestern Burkina Faso, West Africa. Highlights include intersections of 15m @ 4.45g/t gold ("Au"), 5m @ 3.96g/t Au, and 7m @ 1.53g/t Au.
04 Mar 2010
VOLTA REPORTS ADDITIONAL POSITIVE DRILL RESULTS FROM ITS KIAKA GOLD PROJECT IN BURKINA FASO
Toronto, ON – January 19, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announced today the drill results from the next completed section at its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. The company commenced an aggressive drilling program comprising more than 150 holes for more than 22,000 metres on November 22nd, 2009 (see Figure 1). Volta intends to complete the program by the end of April 2010 and to finalize a National Instrument 43-101 (“NI43-101”) compliant resource before the end of June 2010. To date, 17 holes have been completed, with results already received for the first 5 holes.
04 Mar 2010
IFC TO INVEST UP TO $8,000,000 IN VOLTA RESOURCES
Toronto, ON – January 12, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces that it has signed a Proposal Letter with the International Finance Corporation (“IFC”), a member of the World Bank Group. Pursuant to the Proposal Letter the IFC would initially invest up to C$4 million to acquire up to 5,405,405 million Volta units (“Units”) at a price of C$0.74 per Unit. Each Unit consists of one common share of the Company and one half of a share purchase warrant. Each full share purchase warrant is exercisable into one common share of the Company at an exercise price of C$1.03 for a period of five years. The expiry date of the warrants would be accelerated if at any time during the warrant exercise period, the 15-day volume weighted average price (“VWAP”) exceeds C$1.55.
04 Mar 2010
VOLTA REPORTS MORE POSITIVE GOLD RESULTS FROM TRENCHES AT NASSARA GOLD PROSPECT IN SOUTHERN BURKINA FASO
Toronto, ON – December 22, 2009 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces the results from four new trenches recently completed at the Nassara prospect which is located on the Danyoro permit, which forms part of the 100% owned Gaoua Project in southern Burkina Faso, West Africa.
04 Mar 2010
VOLTA CONFIRMS WIDE GOLD MINERALIZATION, INCLUDING HIGHER GRADE INTERCEPTS, AT ITS KIAKA GOLD PROJECT IN BURKINA FASO
Toronto, ON – December 16th, 2009 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the results from the first 3 holes completed on it’s Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. Volta acquired the property from Randgold Resources, with the transaction being approved by shareholders on November 13th, 2009. The company commenced an aggressive drilling program comprising more than 150 holes for over 22,000 metres on November 22nd, 2009 (see Figure 1). Volta intends to complete the program by the end of April 2010 and to finalize a National Instrument 43-101 (“NI43-101”) compliant resource before the end of June 2010. To date, 9 holes have been completed.
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Most Recent Company News
- 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...
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