Volta Confirms and Extends Mineralization to the Southwest at its Kiaka Gold Project in Burkina Faso
TORONTO, June 27, 2011 /PRNewswire/ --
Drilling intersects 110.0m @ 1.76g/t gold, including 5.00m @ 12.18g/t gold
TSX: VTR
Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed sections from its drilling program comprising more than 250 holes for approximately 50,000 meters completed in the Central Area at its Kiaka Gold Project in Burkina Faso (see News Release of 22 September 2010).
Results for an additional 49 holes located on 11 sections between 4850N and 5250N, in the southern part of the target, have been received and are included in this press release. The sections are between 25 and 75m apart and include sections 4950N, 5025N, 5050N, 5075N, 5100N, 5125N, 5150N, 5175N, 5200N, 5225N and 5250N; thereby extending and confirming continuity of mineralization some 300m south of section 5275N released in November 2010 (see News Release of November 29th 2010). The highlights from current drilling on these sections include:
- KDH249 : 81.00m @ 1.33g/t Au, including 7.00m @ 7.29g/t Au
- KDH241 : 87.10m @ 1.38g/t Au, including 12.00m @ 6.33g/t Au
- KDH245 : 36.00m @ 1.34g/t Au, including 10.70m @ 1.94g/t Au, AND
- KDH245 : 95.00m @ 1.00g/t Au, including 22.00m @ 1.67g/t Au
- KRD247 : 102.00m @ 1.03g/t Au, including 24.00m @ 2.18g/t Au
- KDH238 : 80.50m @ 1.62g/t Au, including 10.00m @ 1.62g/t Au, AND
- KDH238 : 49.00m @ 1.03g/t Au, including 5.00m @ 2.10g/t Au, AND
- KDH238 : 110.00m @ 1.76g/t Au, including 5.00m @ 12.18g/t Au
- KRD231: 88.00m @ 1.05g/t Au, including 11.00m @ 2.42g/t Au
- KRD233 : 63.00m @ 1.64g/t Au, including 13.00m @ 5.59g/t Au
- KDH234 : 149.20m @ 1.19g/t Au, including 6.00m @ 11.75g/t Au
- KRD235 : 152.00m @ 1.19g/t Au, including 5.00m @ 3.17g/t Au
- KDH236 : 23.00m @ 1.14g/t Au, including 4.00m @ 2.82g/t Au
- KDH225 : 55.00m @ 1.28g/t Au, including 22.90m @ 1.82g/t Au
- KRD227 : 83.00m @ 1.27g/t Au, including 21.00m @ 2.66g/t Au
- KDH229 : 104.70m @ 1.59g/t Au, including 7.00m @ 7.66g/t Au, AND
- KDH229 : 203.10m @ 0.83g/t Au. including 5.00m @ 2.71g/t Au
Kevin Bullock, Volta's CEO, said, "These are the final results that will be incorporated into our imminent resource update and they add more outstanding intersections to a very successful drill campaign. We will continue drilling at Kiaka in order to pursue several other targets outside the main Kiaka deposit area as well as to establish further resources at Kiaka which is still open in several directions."
The holes reported here confirm the continuity of wide mineralization, typical of the Kiaka Main Zone (KMZ) deposit along strike to over 300m southwest of previous released section 5275N (see News Release of November 29th 2010), and have extended the KMZ mineralization down to vertical depth exceeding 350m. The mineralization still remains open at depth and towards the southwest.
Results for the holes are highlighted in Table 1 and in Figure 1. Analyses of the Kiaka samples were undertaken by fire assay on a 50g charge at ALS Chemex Laboratories in Ouagadougou. Volta's sampling and assay procedures included QA/QC elements that employed the inclusion of certified standards and blanks.
All assays of Volta's second phase planned drilling program have now been received and Volta is on track to finalize an updated National Instrument 43-101 ("NI43-101") compliant resource within the next few days.
Table 1: Highlights of gold intersections for sections 4950N, 5025N, 5050N, 5075N, 5100N, 5125N, 5150N, 5175N, 5200N, 5225N and 5250N
TO Au
SECTION HOLE ID FROM (m) (m) INTERVAL (m) (g/t) COMMENT
5025N KRD248 80.00 104.00 24.00 0.78
AND 111.00 239.00 128.00 0.80
INCL 142.00 156.00 14.00 1.40
INCL 161.00 164.00 3.00 1.48
INCL 167.00 177.00 10.00 1.01
INCL 180.00 184.00 4.00 1.20
INCL 191.00 200.00 9.00 1.44
KRD252 56.00 79.00 23.00 0.50
95.0-96.0m = 15.3g/t ;
KDH249 67.00 148.00 81.00 1.33 97.0-98.0m = 20.1g/t
INCL 91.00 98.00 7.00 7.29
INCL 106.00 109.00 3.00 1.07
AND 185.00 318.00 133.00 0.68
INCL 234.00 239.00 5.00 2.17
INCL 242.00 258.00 16.00 1.08
core losses before
KDH251 20.00 99.00 79.00 0.87 20.0m
INCL 31.00 37.00 6.00 1.63
INCL 45.00 51.00 6.00 1.52
INCL 65.00 98.00 33.00 0.93
AND 111.00 129.50 18.50 0.72
KDH255 45.00 60.00 15.00 0.51
AND 66.00 108.00 42.00 0.87
INCL 90.00 105.00 15.00 1.49
AND 147.00 190.00 43.00 0.60
5050N KDH253 92.00 122.10 30.10 0.84
INCL 111.00 122.10 11.10 1.30
AND 131.90 230.00 98.10 0.56
INCL 131.90 135.05 3.15 1.05
160.0-161.0m =
12.25g/t A &
5075N KDH241 143.90 231.00 87.10 1.38 167.0-168.0m = 20.9g/t
INCL 156.00 168.00 12.00 6.33
INCL 178.00 184.90 6.90 2.39
AND 257.60 284.00 26.40 0.52
INCL 260.00 263.00 3.00 1.10
AND 291.00 302.00 11.00 1.01
AND 310.00 362.00 52.00 0.53
INCL 338.25 355.00 16.75 0.81
AND 369.00 379.00 10.00 0.53
KRD242 23.00 46.00 23.00 0.70
KDH245 59.00 95.00 36.00 1.34
INCL 68.30 79.00 10.70 1.94
INCL 82.00 95.00 13.00 1.49
AND 168.00 263.00 95.00 1.00
INCL 176.00 198.00 22.00 1.67
INCL 216.00 219.00 3.00 1.21
KDH246 2.00 46.00 44.00 0.74
INCL 6.55 11.00 4.45 1.78
INCL 17.50 30.00 12.50 1.15
KRD247 2.00 104.00 102.00 1.03
INCL 9.00 33.00 24.00 2.18
KDH250 8.50 35.00 26.50 0.53 CORE LOSS : 9.6-11.0m
AND 42.00 54.00 12.00 0.63
INCL 49.00 52.00 3.00 1.19
AND 76.00 136.00 60.00 0.88
119.0-120.0m = 10.4g/t
INCL 114.00 120.00 6.00 2.56 Au
INCL 125.00 136.00 11.00 1.71
AND 178.00 203.00 25.00 0.50
AND 209.00 228.00 19.00 0.55
INCL 210.00 213.00 3.00 1.28
240.0-241.0m =
AND 237.00 245.00 8.00 2.36 15.35g/t
5125N KDH237 74.00 83.00 9.00 1.20 9m intercept
AND 135.00 155.00 20.00 0.53
AND 194.00 209.00 15.00 0.94
INCL 194.00 199.00 5.00 1.49
AND 263.00 364.00 101.00 0.56
INCL 295.00 308.00 13.00 1.19
KRD239 88.00 115.00 27.00 0.50
INCL 103.00 107.00 4.00 1.42
AND 152.10 236.00 83.90 0.72
INCL 179.00 183.00 4.00 1.55
INCL 208.00 211.00 3.00 1.83
INCL 214.00 227.00 13.00 1.38
AND 310.00 322.00 12.00 0.53
INCL 315.00 318.00 3.00 1.58
5.0-6.0m = 29.8g/t ;
50.0-51.0m = 15.05g/t
. Core loss :
3.1-4.1m; 7.8-9.4m and
KDH238 2.50 83.00 80.50 1.62 11.0-12.6m
INCL 66.00 76.00 10.00 1.62
AND 90.00 139.00 49.00 1.03
INCL 93.00 105.00 12.00 1.22
INCL 111.00 125.00 14.00 1.24
INCL 130.00 135.00 5.00 2.10
AND 208.00 227.00 19.00 0.57
Core loss : 6.5-7.0m;
14.1-16.0m and
KDH243 2.80 145.00 142.20 0.72 16.45-18.4m.
INCL 21.00 35.00 14.00 1.36
INCL 38.00 54.00 16.00 1.33
INCL 109.00 114.70 5.70 1.44
INCL 141.00 144.00 3.00 1.23
KRD244 28.00 63.00 35.00 0.54
INCL 36.00 39.00 3.00 1.02
AND 69.00 86.00 17.00 0.73
INCL 78.00 84.00 6.00 1.28
Core loss : 9.4-10.0m;
10.8m-11.5m and
KDH240 8.00 23.00 15.00 1.19 12.0-14.0m.
INCL 8.00 16.00 8.00 2.12
AND 30.00 66.00 36.00 0.65
INCL 57.00 61.00 4.00 1.56
AND 92.00 135.00 43.00 0.61
INCL 93.00 99.00 6.00 1.16
AND 141.00 152.25 11.25 1.12
INCL 143.00 149.00 6.00 1.83
AND 161.40 232.00 70.60 0.72
INCL 163.00 169.00 6.00 1.07
INCL 173.00 186.00 13.00 1.27
AND 255.00 272.00 17.00 0.56
5150N KRD256 NO SIGNIFICANT INTERECPT
KRD257 33.00 49.00 16.00 0.89
INCL 34.00 38.00 4.00 1.56
KDH258 84.00 91.00 7.00 3.12 84.0-85.0=15.7g/t
INCL 84.00 87.00 3.00 6.85
AND 174.00 190.00 16.00 0.52
INCL 181.00 186.00 5.00 1.09
293.0-294.0=28.4g/t ;
294.0-295.0=29.3g/t ;
AND 206.00 316.00 110.00 1.76 315.0-316.0=10.75g/t
INCL 239.00 252.00 13.00 2.85
INCL 263.00 267.00 4.00 1.98
INCL 283.00 289.00 6.00 3.85
INCL 293.00 298.00 5.00 12.18
AND 326.00 362.00 36.00 0.51
INCL 336.00 342.00 6.00 1.23
AND 383.00 386.00 3.00 1.07
5175N KRD231 0.00 88.00 88.00 1.05 45.0 -46.0 = 11.8g/t
INCL 4.00 7.00 3.00 1.84
INCL 10.00 14.00 4.00 1.92
INCL 19.00 32.00 13.00 1.12
INCL 36.00 47.00 11.00 2.42
INCL 51.00 56.00 5.00 1.63
AND 96.00 122.00 26.00 0.76
INCL 114.00 120.00 6.00 1.64
AND 129.00 144.00 15.00 0.59
KDH232 54.00 122.00 68.00 0.90 83.0-84.0 = 15.15g/t
INCL 75.00 93.00 18.00 2.16
INCL 97.00 101.00 4.00 1.05
AND 149.00 257.00 108.00 0.92 199.0-200.0 = 10.3g/t
INCL 149.00 155.00 6.00 1.04
INCL 178.00 193.00 15.00 1.66
INCL 197.00 206.00 9.00 2.08
INCL 227.00 230.00 3.00 1.42
INCL 243.00 250.00 7.00 1.00
AND 264.00 287.00 23.00 0.62
INCL 268.00 272.00 4.00 2.00
AND 294.00 343.00 49.00 0.95 318.0-319.0 = 13.15g/t
INCL 305.00 310.00 5.00 2.56
INCL 317.00 320.00 3.00 5.19
43.0-44.0 = 25.1 g/t
Au; 44.0-45.0 = 34.8
KRD233 1.00 64.00 63.00 1.64 g/t Au
INCL 33.00 46.00 13.00 5.59
Core loss : 1.3-2.5m &
KDH234 2.50 10.00 7.50 1.07 3.15-4.0m
AND 19.80 169.00 149.20 1.19 43.0-44.0 = 57.7g/t
INCL 40.00 46.00 6.00 11.75
INCL 51.00 56.00 5.00 1.63
INCL 129.00 136.00 7.00 1.97
AND 183.00 204.00 21.00 0.72
INCL 183.00 190.00 7.00 1.17
AND 212.00 252.00 40.00 0.93
INCL 219.00 228.00 9.00 1.90
INCL 241.00 249.00 8.00 1.14
AND 259.00 288.00 29.00 1.13 282.0-283.0 = 10.4g/t
INCL 282.00 288.00 6.00 3.74
57.0-58.0 = 10.3g/t
Au; 129.0-130.0 =
KRD235 0.00 152.00 152.00 1.19 21.7g/t
INCL 0.00 29.00 29.00 1.88
INCL 53.00 58.00 5.00 3.17
INCL 63.00 68.00 5.00 1.19
INCL 101.00 104.00 3.00 1.26
INCL 119.00 126.00 7.00 2.02
INCL 129.00 134.00 5.00 6.33
AND 159.00 186.00 27.00 1.02
INCL 171.00 175.00 4.00 2.86
AND 192.00 257.00 65.00 0.65
INCL 224.00 234.00 10.00 0.93
INCL 245.00 249.00 4.00 2.97
KDH236 149.00 172.00 23.00 1.14
INCL 160.00 164.00 4.00 2.82
AND 178.00 265.00 87.00 0.55
INCL 180.70 188.00 7.30 1.02
INCL 234.00 239.00 5.00 1.05
INCL 258.00 262.00 4.00 1.04
AND 270.40 320.00 49.60 0.77
INCL 280.50 287.00 6.50 1.44
INCL 309.00 312.00 3.00 1.86
AND 330.00 346.00 16.00 0.65
INCL 335.00 338.00 3.00 1.53
AND 352.00 371.00 19.00 0.65
AND 378.00 407.00 29.00 0.89
INCL 388.60 407.00 18.40 1.19
5200N KRD260 37.00 42.00 5.00 1.77
5225N KRD224 2.00 49.00 47.00 1.19 36.0-37.0 = 10.05g/t
INCL 14.00 21.00 7.00 1.64
INCL 25.00 37.00 12.00 2.49
AND 62.00 80.00 18.00 0.88
INCL 76.00 80.00 4.00 2.01
AND 86.00 102.00 16.00 0.93
INCL 92.00 95.00 3.00 1.72
AND 108.00 158.00 50.00 0.56
KDH225 180.00 235.00 55.00 1.28
INCL 183.00 187.00 4.00 1.55
INCL 190.00 195.00 5.00 1.39
INCL 197.10 220.00 22.90 1.82
INCL 228.00 234.00 6.00 1.45
292.0 - 293.0 =
AND 242.00 320.00 78.00 1.00 16.9g/t
INCL 247.00 254.00 7.00 1.17
INCL 287.00 306.00 19.00 2.22
370.0 - 371.0 =
AND 327.00 408.75 81.75 0.69 11.65g/t
KDH226 4.50 104.15 99.65 1.18
INCL 9.30 77.00 67.70 1.31
INCL 87.00 100.00 13.00 1.18
140.0 - 141.0 =
AND 113.10 196.30 83.20 1.00 15.9g/t
INCL 114.00 130.10 16.10 1.03
INCL 134.00 142.00 8.00 3.21
INCL 147.25 152.00 4.75 1.42
INCL 172.00 181.80 9.80 1.50
222.0 - 223.0 =
AND 204.70 240.00 35.30 1.50 16.2g/t
KRD227 0.00 83.00 83.00 1.27 16.0 - 17.0 = 12.3g/t
INCL 0.00 10.00 10.00 1.70
INCL 14.00 35.00 21.00 2.66
INCL 67.00 79.00 12.00 1.35
Core loss :
43.0-43.5m; 150.0 -
KRD228 3.00 188.00 185.00 0.83 151.0 = 13.05g/t
INCL 62.00 79.00 17.00 1.25
INCL 106.00 111.30 5.30 1.42
INCL 139.00 145.00 6.00 1.68
INCL 149.00 159.00 10.00 2.53
INCL 163.00 187.00 24.00 1.48
INCL 199.90 203.00 3.10 1.04
24.0 - 25.0 = 48.1g/t
Au; 125.0 - 125.7 =
KDH229 21.00 125.70 104.70 1.59 18.95g/t
INCL 21.00 28.00 7.00 7.66
INCL 52.00 55.00 3.00 1.79
INCL 89.00 107.00 18.00 1.88
INCL 117.00 125.70 8.70 3.85
AND 142.00 255.00 113.00 0.97
INCL 149.00 160.00 11.00 1.13
INCL 164.30 192.50 28.20 1.14
INCL 208.60 222.00 13.40 1.68
INCL 230.00 239.00 9.00 1.09
AND 262.00 279.60 17.60 0.89
INCL 267.00 273.00 6.00 1.63
AND 288.00 303.00 15.00 1.00
INCL 295.00 303.00 8.00 1.67
ENDED IN
MINERALIZATION; 319.0
AND 312.00 334.16 22.16 1.12 - 320.0 = 10.55g/t
INCL 315.70 320.00 4.30 2.85
KDH230 109.00 176.75 67.75 0.82
INCL 122.00 126.00 4.00 2.00
INCL 142.00 152.00 10.00 1.00
INCL 155.00 163.00 8.00 1.19
ENDED IN
AND 197.00 400.10 203.10 0.83 MINERALIZATION
INCL 197.00 213.00 16.00 2.18
INCL 270.00 275.00 5.00 1.96
INCL 279.00 289.00 10.00 1.08
INCL 301.00 307.00 6.00 1.26
INCL 348.00 354.00 6.00 1.74
INCL 359.00 363.00 4.00 1.03
INCL 375.00 380.00 5.00 2.71
INCL 396.00 400.10 4.10 1.82
5250N KRD265 10.00 16.00 6.00 1.01
AND 29.00 43.10 14.10 0.82
Notes on Table 1:
1) Intervals are core length. True width is unknown at this time.
2) Intersections are based on a 0.3 g/t gold cut-off with maximum internal dilution (MID) of 5m for the lower grade mineralization envelop, except for holes KRD243 (2.8-145.0m intercept) and KDH230 (197.0-400.1m intercept) where it has been increased to 6m.
3) In order to highlight the continuity of the high grade zone, a 0.8 g/t gold cut-off with maximum internal dilution of 2m has been used.
4) No top cut has been applied.
5) Where core losses were reported in the mineralized intercepts, the width of the entire mineralized intercept is reported at the weighted average grade of the remaining samples.
6) The intersections listed in the table represent sections of at least 3m in excess of 1g/t Au and/or sections of at least 10m in excess of 0.5g/t Au.
7) The intersections represent sections drilled by reverse circulation (RC) and/or cored drilling (see Table 2).
8) The RC portions of the drill holes were sampled at 1m intervals. Dry samples were riffle-split to provide 2 kg samples sent to the laboratory. Wet samples were dried in the field, then riffle-split in the same way. The cored portion of the drill holes were sampled at one meter intervals and cut in half using a diamond saw. Half-core is archived at the core storage facility on site while the other half was sent to the laboratory.
9) Samples were sent to ALS Chemex in Ouagadougou for standard preparation followed by Fire Assay on a 50g charge.
10) Certified standards were inserted every 15 samples, field duplicates (in the RC portions) about every 20 and blanks about every 30 samples. The blanks, certified standards and duplicate assays confirm that all assays used to compile the intersections quoted here have passed Volta's rigorous QA/QC checks.
TABLE 2: Collar coordinates and orientation parameters for boreholes on Sections 4950N, 5025N, 5050N, 5075N, 5100N, 5125N, 5150N, 5175N, 5200N, 5225N and 5250N
Hole
SECTION ID Easting Northing Elevation Depth Dip Azimuth RC DD
(m) (m) (degrees) (degrees)(m) (m)
4950N KKRC74 738927 1289275 270 91.00 -55 135 91.00 0.00
KKRC75 738958 1289242 269 52.00 -55 135 52.00 0.00
KKRC76 738975 1289224 269 64.00 -55 135 64.00 0.00
KKRC77 738995 1289202 268 64.00 -55 135 64.00 0.00
KKRC78 739016 1289180 268 73.00 -55 135 73.00 0.00
KKRC79 739102 1289088 266 91.00 -55 135 91.00 0.00
KKRC80 739132 1289055 266 100.00 -55 135 100.00 0.00
KKRC81 739166 1289018 265 58.00 -55 135 58.00 0.00
KKRC82 739183 1289000 265 55.00 -55 135 55.00 0.00
KKRC83 739200 1288981 265 110.00 -55 135 110.00 0.00
5025N KRD248 739084 1289214 268 282.00 -58 135 42.00 240.00
KDH249 739049 1289250 269 321.40 -58 135 0.00 321.40
KDH251 739119 1289179 267 190.08 -55 135 0.00 190.08
KRD252 739155 1289143 267 111.14 -55 135 42.00 69.14
KDH255 739189 1289108 266 292.20 -58 315 0.00 292.20
5050N KDH253 739211 1289128 267 352.25 -60 315 0.00 352.25
5075N KDH241 739051 1289322 270 403.14 -60 135 0.00 403.14
KRD242 739192 1289181 267 90.26 -55 135 42.00 48.26
KDH245 739085 1289286 269 352.10 -60 135 0.00 352.10
KDH246 739121 1289252 269 274.00 -58 135 0.00 274.00
KRD247 739157 1289216 268 180.20 -55 135 40.15 140.05
KDH250 739227 1289146 266 322.07 -58 315 0.00 322.07
5100N KRD254 739068 1289337 270 101.05 -55 135 42.00 59.05
5125N KDH237 739086 1289356 270 430.34 -60 135 0.00 430.34
KDH238 739155 1289285 269 276.90 -58 135 0.00 276.90
KRD239 739120 1289321 269 360.15 -60 135 42.00 318.15
KDH240 739260 1289177 266 296.44 -58 315 0.00 296.44
KDH243 739190 1289248 268 165.16 -55 135 0.00 165.16
KRD244 739225 1289213 267 90.25 -55 135 48.00 42.25
5150N KRD256 738997 1289480 272 102.00 -55 135 54.25 47.75
KRD257 739033 1289444 271 200.90 -55 135 42.00 158.90
KDH258 739312 1289163 266 393.60 -60 315 0.00 393.60
5175N KRD231 739225 1289285 267 177.15 -55 135 27.00 150.15
KDH232 739156 1289357 269 361.41 -60 135 361.41
KRD233 739260 1289249 267 96.08 -55 135 30.50 65.58
KDH234 739294 1289214 266 292.10 -58 315 292.10
KRD235 739191 1289321 268 269.87 -58 135 31.00 238.87
KDH236 739120 1289390 270 430.10 -60 135 430.10
5200N KRD260 739067 1289479 272 126.13 -55 135 48 78.13
KRD262 739103 1289445 271 100.33 -55 135 33 67.33
5225N KRD224 739262 1289322 267 177.30 -55 135 43 134.30
KDH225 739156 1289428 270 430.20 -60 135 0 430.20
KDH226 739226 1289357 268 252.50 -58 135 0 252.50
KRD227 739298 1289286 267 102.10 -55 135 39 63.10
KRD228 739333 1289251 266 210.25 -58 315 43.5 166.75
KDH229 739191 1289392 269 334.16 -60 135 0 334.16
KDH230 739368 1289216 265 400.10 -60 315 0 400.10
5250N KDH261 739067 1289550 273 175.05 -55 135 0 175.05
KRD265 739139 1289480 271 102.17 -55 135 36 66.17
Drilling will continue at Kiaka with three rigs until the onset of the seasonal rains at which time it will be interrupted for approximately two months, from mid-July to mid-September. The program, until mid-July, will include further testing of the KMZ and testing of a combined ground geophysical (ground magnetics and gradient array induced polarization) soil geochemical anomaly inferred to be a new parallel mineralized zone to the west of the Kiaka Hanging Wall Zone (KHZ).
To view "Figure 1 : Location of Holes" please click http://files.newswire.ca/407/VoltaJun27.doc
Under the guidelines of National Instrument 43-101, the qualified person for the Kiaka Gold Project is Mr. Guy Franceschi, Vice President, Exploration for Volta. Mr. Franceschi is a member of the European Federation of Geologists and has reviewed and approved the contents of this news release.
Volta is a mineral exploration company primarily focused on becoming a leader in the identification, acquisition and exploration of gold properties in West Africa. The Company is currently fast-tracking its flagship Kiaka Gold Project, located in Burkina Faso, toward a development decision.
Forward Looking Information Caution:
This press release presents "forward-looking statements" within the meaning of Canadian securities legislation that involve inherent risks and uncertainties. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold and other minerals and metals, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the capital expenditures, costs and timing of the resources, the realization of mineral reserve estimates, the capital expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, currency exchange rate fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. Generally, these forward-looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Volta to be materially different from those expressed or implied by such forward looking statements, including but not limited to: risks related to international operations, risks related to the integration of acquisitions; risks related to joint venture operations; actual results of current exploration activities; actual results of current or future reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of gold and other minerals and metals; possible variations in ore reserves, grade or recovery rates; failure of equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although the management and officers of Volta believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Volta Resources does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.
For further information:
please refer to our website http://www.voltaresources.com or contact:
Kevin Bullock, P.Eng., President & CEO
Tel: +1-647-388-1842
Fax: +1-416-867-2298
Email: kbullock@voltaresources.com
or
Andreas Curkovic, Investor Relations
Tel: +1-416-577-9927
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