 |
|
|
|
 Volta Resources Inc. (TSX:VTR) is a mineral exploration company 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, towards a development decision.
Volta's primary focus is to become the leader in the identification, acquisition and exploration of gold properties in West Africa
- Since 1994, Volta's Ghanaian subsidiary, Birim Goldfields Ghana, has focussed its exploration attention on Ghana where its 'early mover' status allowed it to initially accumulate over 7,000 km2. The Company still retains an enviable property portfolio in one of the world's highly prospective gold exploration regions. These include the Bui project, Maluwe project, Sefwi project and the Newmont JV project. With over 14 years of dedication, Volta's commitment to Ghana remains strong despite an impasse that has developed on the Bui and Maluwe projects due to the government withdrawing environmental permits to explore in proximity to the Bui Hydroelectric Dam which is currently being built
- In Burkina Faso, Volta's precursor, Goldcrest Resources, has been active since 2000 and has secured several prospective exploration properties including the Gaoua copper-gold porphyry project, the Nassara gold project and the Titao gold project. The acquisition of the more advanced Kiaka Gold Project has put the company on track to developing a mine in Burkina Faso.
Volta Resources Inc. has a management and exploration team that has the skills and regional experience to ensure systematic progress on all projects and the ability to identify and secure new opportunities in the region such as the the Kiaka Gold Project from Randgold Resources Limited, which is now Volta's flagship project.
Volta Resources Inc. offers shareholders:
- A flagship project with an aggressive timeline to reach a development decision at Kiaka.
- A proven and probable reserve of 126,078,587 tonnes at a diluted grade of 0.96 g/t Au for 3,888,322 ounces of gold.
- A combined resource base of 1,135,000 ounces of gold in the Measured category, 2,894,000 ounces of gold in the Indicated category and 2,072,900 ounces of gold and 724,880,000 lbs. of copper in the Inferred category.
- A combined portfolio totalling more than 25 properties in Burkina Faso and Ghana. All of these properties are located on highly prospective Birimian gold belts, similar to those that have delivered several world-class gold mines in West Africa over the last 15 years.
- Multiple first class exploration targets, including two projects in Burkina Faso with NI43-101 compliant gold resources.
- An aggregate of over $35 Million in cash and marketable securities (as at June 1, 2012) giving Volta the financial strength and flexibility to take advantage of further consolidation and acquisition opportunities in West Africa.
With an experienced, motivated and dedicated team of professionals, a quality portfolio of strategically located properties and a healthy working capital, Volta Resources Inc. is well placed to recognize and capitalize on the mineral rich opportunities in West Africa.
|
|
