Volta Resources Inc announced the first results from its recently completed 131 hole, 13,528 meters reverse circulation and diamond drilling program on its Gaoua copper and gold project located in southern Burkina Faso West Africa.
The program aimed at testing continuity and extensions, both along strike and laterally of the known copper and gold mineralization at Gongondy and Dienemera. Gongondy and Dienemera are two of several copper and gold porphyry targets on the Gaoua Project where sufficient drilling has been undertaken to estimate a maiden NI43-101 compliant resource comprising over 1 million ounces of gold and 720 million pounds of copper.
It includes the results from 68 holes drilled on the Gongondy prospect from the southernmost section 1138800N to section 1140800N in the northern part of the prospect. These holes, totalling 8,490m of drilling, comprise respectively 24 DD and 44 RC holes. The results confirm that the Gongondy deposit can be traced continuously along its full strike extent of more than 2 kilometers on the western side of a post mineralization gabbro intrusive.
The drilling also confirmed the presence of two mineralized centres along a north striking breccia body, separated by a post mineralization intrusive gabbro body and by an inferred NW-SE trending fault. The drill holes completed in the Northern part of the Gongondy mineralization are also relatively richer in gold. In addition, the southern drill fences show that the Gongondy deposit can be extended for a further 100m to the south and still remains open.
The results from the holes reported in this press release has the potential to considerably increase the size of the existing resource estimated for the Gongondy deposit. Highlights from the current reported holes include:
Mr Kevin Bullock CEO of Volta Resources said that "These results notably increase the scope of the overall Gaoua Project where we have discovered West Africa's only major copper and gold porphyry deposit. By extending the mineralization we have an opportunity to expand the size of the project to the point where we will be in position to formalize a plan to realize full value for the project while we focus on bringing our flagship Kiaka Project to production."
