Volatus Capital Corp. Expands Land Position in the Toodoggone Gold-Copper District
Volatus Capital acquires Bentley property in B.C.
2021-07-16 08:15 PT - News Release
Mr. Fred Tejada reports
VOLATUS CAPITAL CORP. EXPANDS LAND POSITION IN THE TOODOGGONE GOLD-COPPER DISTRICT
Volatus Capital Corp. has acquired 4,122 hectares of the Bentley property directly east of the JD property. The Bentley property is 280 kilometres northeast of Smithers, B.C., in the historically significant Toodoggone gold and copper district of north-central British Columbia.
The property is in Triassic Stuhini group -- Jurassic Hazelton group stratigraphic contact as depicted by the Kyba Red Line -- is predictive of a geological environment favourable for the formation of major metal deposits in proximal Hazelton Group rocks. Kyba recognized that most of the major deposits in the region occur within two kilometres of a regional stratigraphic contact and there are lithological and structural clues to narrow that window even more. The Bentley property has the regional stratigraphic contact know as the Kyba Red Line within its claim boundary. The Bentley claims also define the eastern bound of the Toodoggone gold-copper mineralizing systems and represent a strong target for mineralization on this boundary.
Fred Tejada, president of Volatus Capital, stated, "The addition of the Bentley property is additive to the exploration potential of the company's existing grounds and provides the company a significant land position in this important part of the Toodoggone gold and copper district."
Bentley acquisition terms
Volatus Capital will issue 250,000 shares and pay $7,500 to the vendor to acquire 100 per cent of the 4,122 hectares three-mineral claim Bentley property.
About Volatus Capital Corp.
Volatus is focused on exploration and development of resources in gold and copper in the Toodoggone district of north-central British Columbia, as well as magnesite in South Australia and battery metals that have strong demand profiles in the growing green economy.
Qualified person
The technical information in this news release was reviewed by Michael Collins, PGeo, director of Volatus, and a qualified person as defined by National Instrument 43-10.
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