ASX Release
Wednesday 10 February 2010
VOYAGER RESOURCES LIMITED
ACN 076 390 451
Level 1 / 33 Richardson Street
WEST PERTH
Australia
Tel: +61 8 9200 6264
Fax: +61 8 9200 4469
Contact:
Kell Nielsen
(Chief Executive Officer)
E-mail:
Directors / Officers:
Matthew Wood
Kell Nielsen
George Tumur
Timothy Flavel
Nick Lindsay
Issued Capital:
Approximately 397 million shares
ASX Symbol: VOR
Media:
Fortbridge + 61 2 9331 0655
Bill Kemmery + 61 400 122 449
High Grade Gold Project to be acquired in Mongolia
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Voyager to acquire 80% of the High Grade Daltiin Ovor Gold Project in Mongolia
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Trench results intersected:
o
12 metres at 8.66 g/t gold, 24.42 g/t silver and 0.67% copper, including 7 metres at 14.55 g/t gold, 39.29 g/t silver and 1.05% copper
o
14 metres at 2.88 g/t gold, including 6 metres at 5.04 g/t gold
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4 metres at 9.04 g/t gold
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10 metres at 7.8 g/t gold
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15 metres at 5.41 g/t gold, 22.19 g/t silver and 0.5% copper, including 7.8 metres at 9.24 g/t gold, 30.71 g/t silver and 0.82 % copper
o
11.4 metres at 8.79 g/t gold, 14.06 g/t silver and 0.63% copper
o
2.2 metres at 14.59 g/t gold, 30.61 g/t silver and 0.79% copper
o
2.3 metres at 9.58 g/t gold, 21.33 g/t silver and 0.64% copper
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Diamond core drilling completed in 2004, returned encouraging results, including:
o
3 metres at 25.22 g/t gold, 43.67 g/t silver and 1.55% copper from 17.6 metres (KBD-01)
o
3 metres at 6.29 g/t gold, 23.67 g/t silver and 1.14% copper from 18.3 metres (KBD-06)
DALITIIN OVOR GOLD PROJECT
The Dalitiin Ovor Gold Project is located approximately 600 km south west of the Mongolian capital of Ulaanbaatar.

The property is 792 hectares in size and is situated within the Bayankhongor Gold Belt in south central Mongolia.

This approximately 200km long belt is located within a north west trending island arc terrane containing metamorphic, volcaniclastic and terrigenous sedimentary rocks which have been intruded by a suite of granitic intrusions.
Gold, silver and copper mineralisation at Dalitiin Ovor is associated with a garnet + pyroxene rich skarn exposed in the hinge (North Zone) and western limb (Central and South Zones) of a synclinal fold structure.

The three skarn zones are located over a strike length of
approximately 900m.

The syncline formed within a sequence of interbedded schist, limestone, sandstone and shale with a reported thickness of 340 to 450m.
The skarn zones are developed within steeply dipping, generally silicified and often banded marble / limestone unit adjacent to a conformable diabase intrusion with mineralisation likely to have formed through the interaction of fluids derived from later granitic intrusions permeating the folded contact.
Trenching, rock chip sampling, soil geochemistry, ground magnetics and an Induced Polarisation geophysical survey have been completed at Dalitiin Ovor.

A total of 1,837 soil samples have been collected over thirty separate lines, with the lines spaced approximately 50 metres and extending for an average length of about 120 metres.
Five trenches (KBT01-05) have been completed across exposures of the skarn mineralisation.

Three of these trenches were completed in the hinge zone of the syncline (North Zone) approximately 20 metres apart and varying in length from 16 to 31 metres (KBT01-03).

Two further trenches were completed approximately 900 metres to the south (KBT04-05) along the western limb of the syncline where similar gold mineralisation has been exposed.

Trenching returned encouraging results, including:
•
KBT-01 12 metres at 8.66 g/t gold, 24.42 g/t silver and 0.67% copper, including 7 metres at 14.55 g/t gold, 39.29 g/t silver and 1.05% copper
•
KBT-02 13 metres at 1.45 g/t gold,3.62 g/t silver and 0.2% copper, including 4 metres at 3.08 g/t gold, 6.5 g/t silver and 0.31% copper
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KBT-03 5 metres at 3.41 g/t gold, 7.4 g/t silver and 0.27% copper
•
KBT-04 10 metres at 7.8 g/t gold, including 3 metres at 19.4 g/t gold
A total of ten diamond core drill holes were completed on the project for a total of 758.3m.

Drilling focussed on north zone (6 holes, KBD01-03 and KBD07-09), the newly discovered central limb zone (3 holes, KBD04-06) and one drill hole being completed in the southern zone (KBD10).

Drilling returned significant results, including:
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3 metres at 25.22 g/t gold, 43.67 g/t silver and 1.55% copper from 17.6 metres (KBD-01)
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3 metres at 6.29 g/t gold, 23.67 g/t silver and 1.14% copper from 18.3 metres (KBD-06)
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1 metre at 4.32 g/t gold from 93 metres (KBD-04)
Further trenching in the north hinge zone, supported the previous work, with a further trench (K4) being completed 1.5 km northeast of the North Zone (Ridge Zone).

Trenching returned significant results being, including:
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15 metres at 5.41 g/t gold, 22.19 g/t silver and 0.5% copper from 3m to the end of trench, including 7.8 metres at 9.24 g/t gold, 30.71 g/t silver and 0.82% copper from 3 metres
•
11.4 metres at 8.79 g/t gold, 14.06 g/t silver and 0.63% copper from 4.6 metres to the end of trench, including 1.3 metres at 32.0 g/t gold, 60.0 g/t silver and 1.87% copper and 4.3 metres at 11.7 g/t gold, 10.6 g/t silver and 0.91% copper from 11.7 metres to the end of trench
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2.2 metres at 14.59 g/t gold, 30.61 g/t silver and 0.79% copper from 2.8 metres and 1.1 metres at 5.41 g/t gold, 23.0 g/t silver and 0.09% copper from 7.7 metres
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K4 - 2.3 metres at 9.58 g/t gold, 21.33 g/t silver and 0.64% copper from 4.5 metres (Ridge Zone)
Tsagaan Chuluut Gold Project
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Voyager is also acquiring an 80% interest in the bulk Tsagaan Chuluut Gold Project in Mongolia and has commenced due diligence.
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Mineralisation at Tsagaan Chuluut includes gold rich epithermal and porphyry copper gold.
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Previously completed trenching intersected broad zones of gold mineralisation, including:
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47m at 0.71 g/t gold and 36m at 0.84 g/t gold (T-97-2)
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13m at 1.34 g/t gold and 15m at 1.30 g/t gold (T-97-4)
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Fifteen Reverse Circulation drill holes and one diamond core drill hole (TC1D001) have been previously completed.

Drilling intersected broad zones of porphyry gold mineralisation from surface, including:
o
124 metres at 0.41 g/t gold from surface (TCRC002)
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Including 36 metres at 0.8 g/t Au from 88 metres and 12 metres at 1.52 g/t gold from 112 meters
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198 metres at 0.44 g/t gold from surface (TCRC006)
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Including 142 metres at 0.55 g/t gold from 56 metres
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138 metres at 0.38 g/t gold from surface(TCRC007)
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Including 50 metres at 0.83 g/t gold from 88 metres
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150 metres at 0.55 g/t gold from surface(TCRC015)
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Including 100 metres at 0.78 g/t gold from 48 metres
The Company has now commenced due diligence on the High Grade Daltiin Gold Project and the Tsagann Chuluut Gold Project.

Voyager plans to drill at least 5,000 metres of diamond drill core and reverse circulation drilling in 2010 at it projects in Mongolia with the aim of identifying an initial JORC resources later this year.
Kell Nielsen
Chief Executive Officer
Table 1 - Dalitiin Ovor Trenching Intercepts
FromToIntervalAu(g/t)Ag(g/t)Cu(%)KBT-01International163602.0012.0010.003.55Located proximal to trench K2 Including2.007.005.006.24KBT-02International323606.0020.0014.002.88Located proximal to trench K3 Including8.0014.006.005.04 Including27.0028.001.005.18KBT-03International383603.007.004.009.40International sampled from 2 metres Including2.004.002.0017.55Located proximal to trench K120.0021.001.002.28KBT-01Snowden163602.0014.0012.008.6624.420.67 Including3.0010.007.0014.5539.291.05KBT-02Snowden323606.0019.0013.001.453.620.20Snowden sampled from 6 to 21 metres Including6.0010.004.003.086.500.33Located proximal to trench K1 Including16.0018.002.001.194.500.22KBT-03Snowden383603.008.005.003.417.400.27 Including2.006.004.004.158.750.31K1Hoh18545,0535,133,5573603.0018.0015.005.4122.190.50End of Trench Including3.0010.807.809.2430.710.82 Including14.0018.004.002.1511.260.15End of TrenchK2Hoh16545,0345,133,5513604.6016.0011.408.7914.060.63End of Trench Including4.605.300.708.9510.300.19 Including6.507.801.3032.0060.001.87 Including8.309.301.001.9113.700.58 Including11.7016.004.3011.7010.600.91End of TrenchK3Hoh20545,0195,133,5443602.805.002.2014.5930.610.797.708.801.105.4123.000.09Ridge ZoneK4Hoh19546,0535,134,887604.506.802.309.5821.330.64KBT-04International10.007.80See Figure 2 for trench locationKBT-05International3.0019.40See Figure 2 for trench locationK5Hoh14.7545,1065,132,65027010.7014.704.000.515.690.06No Sample collected from 5 to 7.7 metres, due to alluvial coverSnowden finished sampling at 14 metres in 1.07 g/t Au Located proximal to Trench K3Snowden sampled from 1 to 14 metres, Located proximal to trench K2SouthZoneNorthZoneAzimuthLengthTrench NameProspectCompanyCommentsAssay ResultsNorthEast
Mr Nielsen is a Member of the Australian Institute of Mining and Metallurgy and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".

Mr Nielsen is the Chief Executive Officer of Voyager Resources Limited and consents to the inclusion in this release of the matters based on his information and information presented to him in the form and context in which it appears.
Figure 1 - Voyager Resources Project Locations
Figure 2 - Dalitiin Ovor - Local Geology
Figure 3 - Dalitiin Ovor - Trench and Soil Line Locations