Volt Resources Ltd
Volt Resources Limited is an Australia-based minerals company.
The business
Volt Resources Limited is an Australia-based minerals company. The Company is focused on the exploration and development of its wholly owned graphite and gold projects in Tanzania and Guinea, as well as its 70% interest in the Zavalievsky Graphite business in Ukraine. It holds two license applications that are considered prospective for lithium-borate mineralization. The license applications are located in Serbia and are west and south-west of the Serbian capital, Belgrade. The Bunyu Graphite Project is located near to critical infrastructure with sealed roads running through the project area and ready access to the deep-water port of Mtwara, over 140 kilometers from the Project. The Guinea Gold Projects comprise three projects in Guinea, West Africa having a total area of 348 square kilometers (km2), which are located in the prolific Siguiri Basin which forms part of the mineralized West African Birimian Gold Belt.
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Latest news
Volt Resources Signs Funding Deal for Bunyu Graphite Mine in Tanzania
Volt Resources (ASX: VRC) has announced a funding agreement for the development of the Bunyu graphite mine and processing plant in Tanzania, with the Cayman Islands-based Unbounded Opportunities Fund to invest approximately $17.6 million (US$11.1m).
Gold is the big story in town as investors rush into penny stocks
Scratch a financial advisor and ask about investing in gold – it is almost certain one of their suggestions will be to buy companies actually producing the metal and, preferably, paying a dividend. But Monday saw the market action elsewhere and the cheaper the stock, the more enthusiasm. There are various currents swirling in the […]
Volt Resources enters west African gold space with ‘exciting’ acquisition
Flake graphite developer Volt Resources (ASX: VRC) is the latest explorer to take advantage of the rocketing gold price with news this morning it had agreed to acquire an “exciting” gold project in west Africa. The project comprises six permits and covers 388 square kilometres in Guinea’s Birimian Greenstone Belt, with the Kouroussa and Kouroussa […]
Volt Resources clears final hurdle ahead of mining licence grant at Bunyu graphite project
Emerging graphite explorer Volt Resources (ASX: VRC) has received environmental approval for its flagship Bunyu project in Tanzania, signalling the end in a series of key milestones which needed to be reached ahead of a mining licence. An Environmental Impact Assessment (EIA) certificate was presented to the company’s wholly-owned subsidiary Volt Graphite Tanzania this week by […]
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