Volta Mining (ASX: VTM) has identified gold at the surface in geochemical augur drilling at the Koro Project in Burkina Faso.
The final results from the 616 hole, 4,858 metre drilling program have confirmed surface gold anomalism with geochemical values of up to 11 grams per tonne (g/t) gold.
Volta plans to follow up on the results with Stage 1 reverse circulation drilling and infill augur drilling programs with the aim of testing the extension of the Arbole Sud-Titanguen artisanal mining site.
The 1,600 metre reverse circulation program will test for gold beneath the near-surface geochemical anomaly outlined in auger drilling, while the 10,000 metre infill auger program will investigate potential strike extensions.
The company has identified potential to increase the previously defined anomalous area by up to 7 kilometres. Original auger drilling defined an anomalous area of 350 metres by 150 metres.
Volta’s Koro gold project covers 615.6 square kilometres in the northern area of the Birimian Boromo greenstone belt.
Mineralisation at Koro bears similarities to Cluff Gold’s (LON: CLF) Kalsaka gold mine, 30 kilometres to the north and hosted within the same greenstone belt.
Kalsaka hosts a Jorc Resource of 0.64 million ounces of gold, and exceeded guidance in 2011 to produce more than 71,000 ounces of gold. The mine is expected to produce between 60,000 and 70,000 ounces of gold in 2012.
The Birimian Boromo belt also hosts High River Gold’s (TSE: HRG) Bissa Group permits, with 2.3 million ounces of gold.
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