HomeFinTechVolt Resources: Upgrades permits ahead of auger drilling

Volt Resources: Upgrades permits ahead of auger drilling

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  • Volt Resources (VRC) has converted two of its reconnaissance permits, Kouroussa and Nzima, to exploration permits ahead of planned auger drilling
  • Volt is in the process of planning exploration work programs which are expected to commence in the upcoming quarter
  • It is also applying to covert its reconnaissance permits to exploration permits
  • Collectively, these cover 348.7 square kilometres in Guinea’s highly prospective Siguiri Basin
  • Drilling also planned to begin in the December quarter and will test mineralisation and historical soil sampling results
  • Company shares have dropped 5.88 per cent and are trading for 1.6 cents
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