Melbourne, Mar 15, 2016 AEST (ABN Newswire) - FINANCE VIDEO: Volt Resources Ltd (ASX:VRC) provide the Corporate Overview of the company.
Tanzanian graphite projects have tended to be lower grade but larger flake size. Discoveries in Tanzania are centred around the Townships of Nachingwea and Mahinga.
Mozambique projects have tended to be higher grade but smaller flake size. Discoveries to date have been centered around the town of Balama.
Volt Resources Ltd is uniquely placed with projects in the Balama Region of Mozambique and the Nachingwea region of Tanzania
The Company has a 70% interest in two mineral exploration licences situated in the Zambeze Coal Basin in Mozambique.
The combined tenement area held by the Company is approximately 384km2, spanning two tenements, 3245L ("Tete West" Project) and 3246L ("Muturara" Project). 3245L is located 12km west of the city of Tete and extends over 182km2, and lies immediately southwest of Rio Tinto tenement 946L. 3246L is located 58km southeast of the city of Tete and covers approximately 202km2. The tenement is located 45km southeast of the Moatize Coal Mining Camp owned by Vale.
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About Volt Resources Ltd
Volt Resources Ltd (ASX:VRC) is a critical minerals and battery material company listed on the Australian Stock Exchange under the ASX code VRC. We are a graphite producer/developer and an emerging natural graphite anode (a key component of lithium-ion batteries) producer. Volt has a 70% controlling interest in the Zavalievsky Graphite (ZG) business in Ukraine. Zavalievsky mine has been in operation since 1934 and is in close proximity to key markets with significant developments in lithium-ion battery. ZG benefits from an existing customer base and graphite product supply chains based on excellent transport infrastructure covering road, rail, river and sea freight combined with reliable grid power, ample potable ground water supply and good communications.
Volt Resources Ltd