Volt Resources Limited (ASX: VRC) has announced that auger drilling at its Guinea gold projects has commenced with an initial program underway at the Kouroussa permit.
The company said that Kouroussa auger drilling is comprised of 116 holes for 1,740m drilled with 31 holes drilled to date. VRC said that initial assay results for the auger drilling program are expected to be released during the March 2021 Quarter.
Volt Resources said that it has planned an additional auger drilling program over the recently converted Fadougou permit comprised of 356 holes for a total of 5,340m. The company said that more holes have been planned for the Konsolon permit and the drilling grid has been amended for Kouroussa and Nzima permits.
The company said that it has also filed applications for the conversion of the Kouroussa West and Monebo reconnaissance permits to exploration permits.
VRC’s Guinea projects
Volt Resources’ Guinea projects comprise the Kouroussa Project, Mandiana Project, and Konsolon Project.
The Kouroussa Project comprises three permits, the Kouroussa, Kouroussa West, and Fadougou permits. The Konsolon Project constitutes one prospective permit, and the Mandiana Project comprises the highly prospective Nzima permit and Monebo permit.
Previously announced assay results from Guinea projects had included Konsolon – 20.25g/t Au, 12.87g/t Au, 5.12g/t Au, 4.97g/t Au and 3.21g/t Au from soil samples; Nzima – 14.5 g/t Au, 2.93 g/t Au, 1.54 g/t Au & 0.86 g/t Au from grab samples; and Kouroussa – 1.02 g/t Au, 0.77 g/t Au, 0.46 g/t Au from grab samples.
Auger drilling at Kouroussa permit
The company announced that it has commenced its Guinea gold projects auger drilling campaign with an initial program underway at the highly prospective Kouroussa permit.
VRC said that Kouroussa auger drilling is comprised of 116 planned holes at a grid of 200m by 50m for a total of 1,740m. The company said that 31 auger holes have been drilled to date.
Volt reported that the Kouroussa drilling area has a large number of artisanal workings and is set between two NW-SE trending structures. The company said that an increased number of drill holes and metres is now planned for this permit. VRC said that the assay results for the Kouroussa drilling program are expected to be received later in the March quarter.
Drilling programs update
The company announced that a review of the auger drilling programs for Kouroussa, Nzima, and Konsolon permits was recently conducted.
VRC said that a field team has planned a new auger drilling program over the Fadougou permit. The program is comprised of 356 holes for a total of 5,340 metres. Similar to other permits the average hole depth is 15 metres. The company said that the program is aimed at testing the areas with a large number of artisanal workings on this permit.
VRC said that the review of the auger programs and the addition of the Fadougou permit has resulted in a change in the overall and individual permit drilling programs. The company said that more holes are planned for the Konsolon permit and the drilling grid amended for Kouroussa and Nzima permits.
Volt Resources now has four permits with auger drilling programs comprised of 1,122 holes for a total of 16,830 metres. The table below is a summary of the drilling programs.
The company said that the auger targets were prioritized based on geological structures, anomalous values from grab and soil samples assay results, intensity of artisanal working activities, and coincidence of remote sensing information. VRC said that the program is designed to generate initial RC and Diamond Drilling targets.
The company said that the execution of the auger drilling program is considering both priority targets and ease of drilling logistics.
Application for converting to exploration permits
The company announced that it has filed applications for the conversion of the Kouroussa West and Monebo reconnaissance permits to exploration permits.
* Image source: Volt Resources Limited