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Volt Resources Ltd.
Summary
| Project: | Luiri Hill | |
|---|---|---|
| Deposit: | Luiri Hill | |
| Location: | Zambia | |
| Commodities: | Gold | |
| Date: | 6/25/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-6-2020: Volt Resources Ltd. announces a Resource Estimation report for its Luiri Hill deposit at the Luiri Hill project. Updated Mineral Resource Estimate for project. Volt Resources Limited (ASX: VRC) (“Volt” or the “Company”) is pleased to announce t | |
| Resources: | (Resources, Total): 10.2Mt @ 2.6g/t Au (851koz Au) | |
| CP/QP: | [Resource] Christine Standing (Optiro Pty Ltd.) | |
| ABSTRACT: | Volt Resources Limited (ASX: VRC) (“Volt” or the “Company”) is pleased to announce the Mineral Resource estimate for the Luiri Hill Gold Project located in south-central Zambia, 120km westnorthwest of the Zambian capital of Lusaka. Volt Managing Director, Trevor Matthews, said: “This is a significant step forward for Volt’s gold business strategy with this updated Mineral Resource estimate confirming Luiri Hills as a quality gold project with outstanding economic potential. “Combined with the numerous gold bearing stockpiles and local exploration potential, the Mineral Resource estimate provides the platform for early gold production based on the significant amount of study work already conducted for the Luiri Hill Gold Project.” Optiro Pty Ltd (Optiro) has provided assistance to Volt Resources Ltd (Volt) with an updated Mineral Resource estimate for the Matala and Dunrobin deposits. These deposits are part of Volt’s Luiri Hill Gold Project, located in south-central Zambia, approximately 120 km west-northwest of the Zambian capital of Lusaka in the Mumbwa District. The Luiri Hill Gold Project is comprised of one large-scale exploration licence and a mineral processing licence with a total area of 31.38 km2. | |
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