Volt Acquires Highly Prospective Gold Project and Finalises
Capital Raising
Highlights include:
- Volt has acquired gold projects comprising six (6) permits in the highly prospective Birimian Greenstone in Guinea.
- Permits cover an area of 388km2
- Kouroussa and Kouroussa West Permits border the recently discovered gold mineralization announced by Predictive Discovery (PDI:ASX) with up to [email protected]/t
- Konsolon Permit with an 8 km soil anomaly with gold bearing grab samples
- Artisanal mining locations on the Kouroussa permit on a north-east line from the PDI discovery and the Kouroussa mine
- Capital raising finalised to raise $800,000
- Transitions Volt to a diversified mineral resources company with a continuing commitment to developing the Bunyu Graphite Project combined with gold exploration and development
Tanzanian-focused flake graphite developer Volt Resources Limited (ASX: VRC) (“Volt” or “the Company”)
is pleased to advise that it has entered into a Share Sale Deed (“Deed”) to acquire an exciting gold project
located in Guinea, Africa. The project comprises six permits (“Permits”) in the prolific Siguiri Basin with a
total area of 388km2 . The Company is also finalising a capital raising of $800,000 before costs through a
share placement to sophisticated investors.
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