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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 on drilling programs at its Guinea gold projects
  • More than 1100 holes have been planned to generate targets for future reverse circulation and diamond drilling programs
  • Drilling has wrapped-up at the Kouroussa permit, and samples have been sent to SGS laboratory in Mali for analysis
  • Depending on the results, further analysis of individual samples will be undertaken
  • Auger drilling at the Fadougou permit began four days ago with 80 holes drilled already
  • Volt is up 5.56 per cent on the market and shares are trading at 1.9 cents

Gold and graphite explorer Volt Resources (VRC) has updated the market on drilling programs at its Guinea gold projects.

All up, 1122 drill holes, for 16,380 metres, have been planned to generate targets for future reverse circulation and diamond drilling programs.

Kouroussa

Drilling has wrapped-up at the Kouroussa permit where 112 holes, for 943 metres, were drilled.

Unfortunately, drilling rates were affected by hard cover, causing the metres reached each day to be reduced over time.

Samples have been received by the SGS laboratory in Mali and results are expected to be received later in the quarter.

Depending on the results, further analysis of individual samples will be undertaken.

Fadougou

Auger drilling at the Fadougou permit began four days ago and 80 holes have been drilled so far.

All up, 356 holes will be drilled, totalling 5340 metres, to test areas with multiple artisanal workings.

Volt is up 5.56 per cent on the market and shares are trading at 1.9 cents at 1:59 pm AEDT.

VRC by the numbers
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