Naam, jitihada zako mpendwa Rais mstaafu tunaziona.
Sasa tunaiomba Serikali ya Mheshimiwa Magufuli isikubali utajiri huu wa nishati mpya kuhamishwa na badala yake wawekezaji waje kufungua viwanda vya betri zenye ubora duniani hapa hapa Tanzania.
Mtwara kucheleeee.
Volt Resources is targeting to become a preferred supplier of high quality large flake graphite to the emerging high technology industry.
The above objective is supported by Volt:
1.Increasing and optimising our current 179Mt @ 5.1% TGC JORC Resource containing high quality Jumbo and Super Jumbo graphite in Tanzania;
2.Utilising unique skills and experience of board members, stakeholders, customers and partners to develop innovative and competitive project development solutions;
3.Targeting highest margin (i.e. revenue to cost ratio) operations amongst our peers.
Location of Namangale Project -southern Tanzania
- The Mozambican Mobile Belt represents a band of highly metamorphosed rocks extending through East Africa
- Tanzanian graphite appears to contain larger flake sizes however with lower average total graphitic carbon grades than Mozambique
- Tanzania is a very stable political and economic investment destination
- Volt has established excellent local partnerships supporting tenure and approvals
Maiden Inferred JORC Resource
- Maiden total JORC compliant Inferred Resource of 179Mt @ 5.1% TGC
- Total of 82 RC holes and 9 diamond drill holes
- Very shallow resource (<100m) / Low cost deposit to explore and mine
- Infill drilling program to commence in April 2016
- Diamond drilling test-work ongoing; focused on graphite recovery and product quality of concentrates following flotation
Namangale PFS Underway
A Pre-Feasibility Study has commenced for the Namangale Project including:
- Metallurgical testwork: Flake size and concentrate optimization underway to refine the metallurgy of the project
- Marketing: MOUs with reputable end-users signed by mid-2016
- Mine planning: Several production options being considered to identify our target market and optimal market entry production point
- Plant and infrastructure: Design work to 25% capital and operating cost accuracy
- Experienced firm Battery Limits to deliver the PFS by latest Q4 2016
- Tenure and approvals: Progressing in parallel with PFS schedule
Summary
1.Volt Resources is developing the quality Namangale graphite project in southern Tanzania - the most prospective graphite territory in the world
2.Predicted strong future demand growth for the Super Jumbo and Jumbo flake size graphite product contained at Namangale
3.Fully funded Pre-Feasibility Study to deliver a largely derisked Namagale project in 2016
4.Volt board & management have demonstrated a strong focus on delivery of commitments and targets
5.Volt's development stage represents significant value upside for resources investors interested in exposure to the future high technology industry supply chain.
To view the presentation, please visit:
http://abnnewswire.net/lnk/6T2L74Q1
About Volt Resources Ltd
Volt Resources Ltd (ASX:VRC) is a graphite exploration company listed on the Australian Stock Exchange under the ASX code VRC. The Company is focused on the exploration and development of the Jumbo Flake Namangale graphite project in Tanzania which has the potential to add to value for shareholders.
The Namangale Project is one of the largest graphite deposit in Tanzania containing a JORC compliant Inferred Resource of 179Mt @ 5.1% TGC. The project is exceptionally well located in South Eastern Tanzania being 140km from a deep-water port and 10km from sealed roads. Mineralisation at the three drilled deposits, occurs from surface and remains open in all directions. After the completion of this the recent capital raising the Company is now fully funded to complete the Pre-Feasibility Study into commencing production of high quality flake graphite targeting the rapidly expanding lithium-ion battery market. Volt has established a dominant tenement position in this extremely well located graphite rich part of Tanzania.
Source:
Volt Resources Limited (ASX:VRC) Investor Presentation - March 2016