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.
VRC Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
