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Volt Resources (ASX:VRC) - Managing Director, Trevor Matthews
Managing Director, Trevor Matthews
Source: The Market Herald
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  • Gold and graphite explorer Volt Resources (VRC) has updated the market regarding its Guinea auger drilling program
  • Drilling is being completed over four permits with focus on generating targets for upcoming reverse circulation and diamond drilling programs
  • So far, 483 holes have been drilled across the Kouroussa and Fadougou permits
  • 258 samples from Kouroussa have been sent to SGS laboratory in Mali for analysis while 271 samples from Fadougou are on route to the lab
  • Volt’s exploration team has now relocated to the Nzima permit with 103 holes planned
  • Shares in Volt are steady on the market and are trading at 1.5 cents

Gold and graphite explorer Volt Resources (VRC) has updated the market regarding its Guinea auger drilling program.

Drilling is being completed over four exploration permits with focus on generating targets for upcoming reverse circulation and diamond drilling programs.

So far, 483 holes, for 5062 metres, have been drilled across the Kouroussa and Fadougou permits.

While the holes were originally planned for a 15 metre depth, they ended at 10.5 metres, and Volt is considering drilling additional targets due to the spare time available.

All up, 258 samples from Kouroussa have been sent to SGS laboratory in Mali for analysis with results expected around late March.

An additional 271 samples from Fadougou have been collected and are on route to SGS laboratory in Mali.

Volt’s exploration team has now relocated to the Nzima permit with 103 holes, totalling 1545 metres, planned.

Additionally, the team has begun pad preparation at the Konsolon permit, which will be the final and largest target in this program.

Volt is steady on the market this morning and shares are trading at 1.5 cents at 11:52 am AEDT.

VRC by the numbers
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