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Volta Reports Results from Scout Drilling Undertaken at Banda Ahenkro, Western Ghana |
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Wednesday, 01 February 2012 10:32 |
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Volta Resources Inc. announces the drill results from a 4 hole RC scout drilling program undertaken by joint venture partner, Newmont Ghana Gold Limited, a subsidiary of Newmont Mining Corporation at the Sadjafi Prospect on the Banda Ahenkro JV ground in western Ghana.
The Banda Ahenkro JV properties straddle the projected southwestward extension of the Ahafo Shear Zone, which hosts Newmont's >10 million ounce Ahafo Gold Mine. The Sadjafi Prospect comprises a northeasterly trending coincident soil geochemistry / ground resistivity geophysical anomaly associated with a structural contact between volcanic and sedimentary lithologies. The target includes two main clusters of anomalism with an aggregate strike length of 5km. The initial scout drilling program carried out by Newmont comprised only 4 RC holes drilled on a fence straddling the NE anomaly. The highlights from the scout drilling on this section include: - SJRC0002: 10m @ 0.47g/t Au, including 2m @ 1.21g/t Au from 10m
- SJRC0003: 8m @ 4.58g/t Au, including 2m @ 13.65g/t Au from 30m
Mr Vic King, Volta's COO, said "The drill results at Sadjafi are encouraging at this early stage as they confirm bedrock mineralization over the full 200m width drilled on this section. The coincident geochemistry and geophysical anomaly, straddling the interpreted extension of a regionally important gold bearing structure such as the prolific Ahafo Shear Zone is significant." More information, click here. |