Volta Files Technical Report on Kiaka Gold Project
TORONTO, May 31, 2012 /CNW/ - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces that it has today filed a technical report (the "Report") on its Kiaka Gold Project, located in Burkina Faso in West Africa, pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects, which is available under the Company's profile at www.sedar.com.
The Report supports the disclosure contained in the Company's news release issued on May 3, 2012, announcing the results of a Prefeasibility Study completed for the Kiaka Gold Project by Tetra Tech Wardrop ("Tetra Tech") out of Swindon in the UK.
The Company confirms that there are no material differences between the Prefeasibility Study results announced on May 3, 2012 and the results contained in the Report.
Volta is a mineral exploration company primarily focused on becoming a leader in the identification, acquisition and exploration of gold properties in West Africa. The Company is currently fast-tracking its flagship Kiaka Gold Project, located in Burkina Faso, towards a development decision.
Cautionary Statement Regarding Forward Looking Information:
This press release contains "forward-looking statements" within the meaning of Canadian securities legislation that involve inherent risks and uncertainties. Forward-looking statements include, but are not limited to, statements with respect to the mineral resource estimate prepared by SRK. Generally, these forward-looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Volta to be materially different from those expressed or implied by such forward looking statements, including, but not limited to, risks related to the estimation of mineral resources. Although the management and officers of Volta believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Volta Resources does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.For further information:
For further information, please refer to our website www.voltaresources.com or contact:
Kevin Bullock, P.Eng., President & CEO
Tel: (647) 388-1842
Fax: (416) 867-2298
Andreas Curkovic, Investor Relations