Volta Resources Inc., (TSX:VTR) is pleased to announce that it has commenced a 2,400-metre Reverse Circulation drilling program on its 100% owned Kampti project in southern Burkina Faso.
Holes will be drilled to depths of up to 120 metres to assess 4 target areas determined by the Company's previous drilling programs and by the re-interpretation of geophysical surveys and a recent, third-party, structural analysis.
"This program at Kampti marks the first drilling undertaken under the Volta banner and the first of a number of aggressive exploration programs on our advanced properties in Burkina Faso and Ghana planned for the 2008 field season," stated Vic King, Volta's Chief Operating Officer. "In this case, we look forward to providing results from Maména-Fofora, a prospect with a combination of encouraging first round drilling results from a continuous and extensive structure, confirmed by ground geophysics, along a geochemically anomalous zone with very active artisanal mining activity. "
The drill program, to be carried out over the Maména-Fofora prospect in the northernmost part of the Kampti permit, is designed to test a number of prominent structural features, defined by coincident chargeable and resistive zones identified during a gradient array induced polarization survey undertaken by the Company. These structures extend for several kilometres along strike and are relatively wide (+30m). They host several artisanal gold workings along trend. Previous drilling (see Goldcrest Resources Ltd. news release, January 25, 2007) on some of these structures returned encouraging gold intersections such as 28m @ 3.64 g/t Au, 16m @ 1.76 g/t Au, 3m @ 63.52 g/t Au and 12m @ 1.32 g/t Au(1).
The program will also test a series of parallel veins along which intensive artisanal mining has recently started in the westernmost part of the Maména-Fofora area. The veins occur in basic-intermediate volcanic rocks, locally characterized by the presence of abundant sulphides (pyrite). This specific drilling target has not been tested by previous geophysical surveys. The program is underway with one drill rig from West African Drilling Services. It is scheduled to be completed in approximately 2 weeks with the results of the program expected in May.
In tandem, the Company is pursuing its exploration efforts on other parts of the Kampti permit. A +30km(2) ground IP survey is scheduled to begin in mid-April in support of the detailed geological mapping and soil sampling conducted in 2007 over most of the Kampti property. The geochemical soil survey defined a number of larger, gold-anomalous areas that warrant further investigation. These areas will be covered by gradient array IP survey on a 200 x 25m grid. The results will assist in the definition of new drill targets.
Under the guidelines of National Instrument 43-101, the qualified person for the Kampti 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 Resources Inc. was created following a 50/50 merger of two experienced West African explorers, Birim Goldfields Inc. and Goldcrest Resources Ltd. The newly formed Company remains Canadian-based with its head office in Toronto, Ontario and operations offices in Accra, Ghana and Ouagadougou, Burkina Faso. Volta is a mineral exploration company primarily focused on becoming the leader in the identification, acquisition and exploration of gold properties in West Africa. -- www.cnxmarketlink.com
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