October 24, 2012
Volta Resources Intersects 126.0M At 1.90G/T Gold (Uncut) At Its Kiaka Gold Project In Burkina Faso And Confirms Strike And Depth Extent Towards The North

- also 81.80 meters at 1.48g/t gold, including 7.0 meters at 10.15g/t gold -
- 249.55 meters at 0.86g/t gold, including 16.90 meters at 2.32g/t gold -


Toronto, ON -- October 24, 2012 - Volta Resources Inc. ("Volta Resources" or the "Company") (TSX: VTR) announces additional results from the ongoing 2012 drilling program (Phase 4) on the Central Area at its Kiaka Gold Project in Burkina Faso. The Phase 4 program is focused principally on infill drilling those areas where Inferred category resources occur within the open pit shell defined in the pre-feasibility study ("PFS", see News Release of 3 May 2012). The aim is to enhance a portion of these Inferred Resources into the Indicated category, thereby allowing them to be converted to Mineral Reserves so that they report to ore and not waste. This +30,000m drilling program is also testing the area between the Kiaka Central Area and the Kiaka South Area. Shallow RC drilling has also been undertaken adjacent to identified mineralization to cover the full extent of the proposed PFS pit.

In the Kiaka Central Area, Volta Resources has already defined NI 43-101 compliant resources including 117.42 million tonnes @ 1.07 g/t Au for 4,029,000 ounces in the Measured and Indicated categories and 29.96 million tonnes @ 1.00 g/t Au for 1,000,000 ounces in the Inferred category (see News Release of March 21, 2012) which include Proven and Probable Mineral Reserves of 126.08 million tonnes at a diluted grade of 0.96 g/t Au for 3.89 million ounces of gold within a single open pit (see News Release of May 3, 2012). In addition, Volta Resources has recently announced a maiden NI 43-101 compliant Mineral Resource estimate for the Kiaka South deposit, located some 700m southwest of the Company's Kiaka Central Area. The estimate includes 1.84 million tonnes @ 2.0 g/t Au for 118,000 ounces in the Measured and Indicated categories (see News Release of September 27, 2012).

The current press release includes the results from 110 drill holes located in the northern half of the Kiaka Central Area (see Figure 1), between Section 5650N and Section 6500N as well as one hole located in the southern part of the prospect. These holes, totaling 16,434m of drilling, comprise respectively 32 core holes (11,632m) and 79 reverse circulation holes (4,802m). The results confirm the extension of the gold mineralization at depth and along strike in the Kiaka Central Area. They show that gold mineralization can be continuously traced to over 350m vertical depth in the northernmost part of the area (sections 6100N and 6200N). Intersection highlights (based on uncut assays) from the current reported holes include:
  • KDH346 :   11.00m @ 1.96g/t Au, including 5.0m @ 3.83g/t Au AND
  • KDH346 :   16.70m @ 1.77g/t Au,
  • KDH347 :   170.50m @ 0.83g/t Au, including 19.00m @ 1.51g/t Au
  • KDH350 :   249.55m @ 0.86g/t Au, including 16.90m @ 2.32g/t Au
  • KDH351 :   126.00m @ 1.90g/t Au, including 9.20m @ 4.84g/t Au AND 24.00m @ 3.02g/t Au
  • KDH356 :   73.00m @ 1.39g/t Au, including 5.00m @ 7.45g/t Au
  • KDH398 :   81.80m @ 1.48g/t Au, including 7.00m @ 10.15g/t Au AND
  • KDH398 :   15.40m @ 4.10g/t Au, including 7.40m @ 8.23g/t Au
  • KDH409 :   37.85m @ 1.82g/t Au, including 17.00m @ 2.88g/t Au
Kevin Bullock, Volta Resources' President and CEO, commented, "The results from these drill holes have confirmed the considerable width and tenor of the mineralization from 200m to 350m below surface between sections 5950N and 6200N. This will convert to additional Measured and Indicated Resources in the Kiaka Central inventory."

Results for the holes are highlighted in Table 1 and locations shown in Figure 1. Analyses of the Volta Resources samples were undertaken by fire assay on a 50g charge at ALS Chemex Laboratories and/or at Actlabs Laboratory, both in Ouagadougou. Volta Resources' sampling and assay procedures included rigorous QA/QC elements that employed the inclusion of certified standards and blanks.

Table 1: Highlights of Gold Intersections for the Reported Holes

HOLE ID

FROM
(m)

TO
(m)

INTERVAL
(m)

Au
(g/t)
uncut

Au
(g/t) with
topcut (15g/t)

REMARKS

KDH337

175.20

202.30

27.10

0.50

0.50

AND

208.75

242.00

33.25

0.54

0.54

INCL

216.00

219.00

3.00

1.52

1.52

AND

256.00

259.00

3.00

1.12

1.12

KDH342

176.00

215.00

39.00

0.74

0.74

INCL

187.00

192.00

5.00

1.10

1.10

INCL

196.00

200.00

4.00

2.89

2.89

KDH344

6.30

22.00

15.70

0.78

0.78

core losses 4.0-4.7m, 5.5-6.3m, 7.0-8.1m, 8.5-9.4m and 10.0-11.0m
AND

141.00

159.20

18.20

1.07

1.00

INCL

141.00

145.00

4.00

2.67

1.00

KDH345

60.00

149.00

89.00

0.50

0.50

KDH346

277.00

288.00

11.00

1.96

1.96

286.0-287.0m=12.5 g/t Au

INCL

283.00

288.00

5.00

3.83

3.83

AND

331.00

342.00

11.00

0.61

0.61

INCL

337.00

340.00

3.00

1.45

1.45

AND

348.00

362.80

14.80

0.89

0.89

AND

368.30

385.00

16.70

1.77

1.36

284.0-285.0m= 21.7 g/t Au
KDH347

345.00

355.45

10.45

0.69

0.69

AND

440.00

610.50

170.50

0.83

0.83

INCL

446.00

464.80

18.80

1.16

1.16

INCL

468.00

487.00

19.00

1.51

1.51

INCL

498.00

519.00

21.00

1.15

1.15

INCL

521.20

525.60

4.40

1.33

1.33

INCL

555.00

560.00

5.00

1.27

1.27

KDH348

111.00

115.00

4.00

1.24

1.24

KDH349

145.00

150.00

5.00

2.91

2.91

149.0-150.0m=14g/t Au
AND

230.00

241.00

11.00

0.51

0.51

AND

295.00

298.20

3.20

1.38

1.38

AND

353.60

443.00

89.40

0.73

0.73

AND

451.85

491.00

39.15

0.51

0.51

INCL

455.30

459.30

4.00

1.28

1.28

AND

502.00

548.00

46.00

0.80

0.80

537.9-539.0m=14.63g/t Au

INCL

521.00

526.00

5.00

1.07

1.07

KDH350

274.00

289.00

15.00

0.51

0.51

AND

299.00

548.55

249.55

0.86

0.84

353-354.1=19.86g/t Au

INCL

321.00

326.00

5.00

1.04

1.04

INCL

343.00

346.00

3.00

1.91

1.91

INCL

353.00

369.90

16.90

2.32

2.04

INCL

374.00

387.00

13.00

1.33

1.33

INCL

390.00

398.35

8.35

1.41

1.41

INCL

403.00

415.40

12.40

1.47

1.47

INCL

418.00

422.00

4.00

1.16

1.16

INCL

425.80

439.00

13.20

1.41

1.41

INCL

443.00

447.00

4.00

1.03

1.03

INCL

451.00

458.00

7.00

1.20

1.20

INCL

489.00

504.00

15.00

1.08

1.08

INCL

544.00

547.90

3.90

1.12

1.12

AND

571.35

586.00

14.65

0.71

0.71

INCL

580.00

585.00

5.00

1.03

1.03

KDH351

102.95

107.00

4.05

1.31

1.31

AND

239.00

249.00

10.00

0.82

0.82

AND

330.00

456.00

126.00

1.90

1.72

360.0-361.0m=28.3g/t Au, 382.0-383.0m=12.3g/t Au ; 394.0-395.0m=10.65 g/t Au, 444.9-445.5m=11.34g/t Au; 453.0-454.0=24.2g/t Au

INCL

352.80

362.00

9.20

4.84

3.40

INCL

364.85

376.00

11.15

1.95

1.95

INCL

378.55

396.00

17.45

2.61

2.61

INCL

403.00

407.20

4.20

1.10

1.10

INCL

413.00

428.00

15.00

1.22

1.22

INCL

431.00

455.00

24.00

3.02

2.61

AND

464.45

561.20

96.75

0.91

0.91

INCL

464.45

490.00

25.55

1.81

1.81

INCL

494.00

498.00

4.00

1.10

1.10

INCL

505.00

508.00

3.00

2.06

2.06

AND

568.35

599.00

30.65

1.00

1.00

INCL

569.00

573.00

4.00

1.62

1.62

INCL

581.80

594.00

12.20

1.43

1.43

AND

613.10

640.16

27.06

1.18

1.01

615.0-616.0m=19.45g/t Au

INCL

614.00

617.00

3.00

8.10

8.10

KDH353

35.00

39.45

4.45

1.36

1.36

AND

108.00

128.05

20.05

0.50

0.50

AND

263.00

295.75

32.75

0.59

0.59

INCL

282.00

290.20

8.20

1.02

1.02

KDH355

243.00

250.00

7.00

2.56

2.56

248-249=15.55g/t Au
KDH356

177.20

188.00

10.80

0.70

0.70

AND

282.00

289.00

7.00

1.88

1.88

283.0-284.0m=9.36g/t Au
AND

343.00

416.00

73.00

1.39

1.33

382.0-383.0m=19.3 g/t Au

INCL

366.30

372.00

5.70

1.63

1.63

INCL

379.00

384.00

5.00

7.45

6.59

INCL

386.30

402.00

15.70

1.82

1.82

INCL

407.70

411.00

3.30

1.83

1.83

AND

429.50

527.00

97.50

0.83

0.83

INCL

433.65

442.30

8.65

1.41

1.41

INCL

448.20

467.00

18.80

1.28

1.28

INCL

470.00

496.10

26.10

1.12

1.12

INCL

499.60

503.60

4.00

1.24

1.24

KDH384

139.20

152.00

12.80

0.59

0.59

KDH389

49.10

61.00

11.90

0.59

0.59

AND

129.00

147.00

18.00

1.33

1.33

145.0- 146.0m= 11.2g/t Au

INCL

135.00

138.00

3.00

1.68

1.68

AND

152.15

160.10

7.95

6.22

2.33

156.0- 157.0m =45.9g/t Au
KDH390

92.40

110.00

17.60

0.56

0.56

AND

128.40

134.00

5.60

1.14

1.14

INCL

129.00

133.00

4.00

1.33

1.33

AND

142.40

226.05

83.65

0.54

0.54

ENDED IN MINERALIZATION

INCL

168.00

175.00

7.00

1.07

1.07

INCL

203.00

209.00

6.00

1.09

1.09

KDH391

102.00

145.00

43.00

0.67

0.67

INCL

105.00

116.00

11.00

1.39

1.39

INCL

125.00

128.00

3.00

1.26

1.26

AND

174.00

178.00

4.00

1.79

1.79

KDH392

117.65

165.60

47.95

0.85

0.85

INCL

129.00

134.00

5.00

1.59

1.59

INCL

141.00

155.00

14.00

1.57

1.57

KDH393

72.00

93.00

21.00

0.53

0.53

AND

125.80

145.00

19.20

0.66

0.66

AND

182.00

194.80

12.80

0.96

0.96

INCL

182.00

189.00

7.00

1.41

1.41

AND

202.20

226.05

23.85

0.87

0.87

KDH394

91.00

124.00

33.00

0.55

0.55

AND

144.00

174.00

30.00

0.56

0.56

AND

202.00

213.00

11.00

0.56

0.56

KDH395

184.00

195.00

11.00

0.71

0.71

AND

232.00

250.95

18.95

0.55

0.55

ENDED IN MINERALIZATION
KDH396

93.00

168.00

75.00

0.56

0.56

AND

174.00

185.00

11.00

0.57

0.57

AND

219.00

245.00

26.00

0.65

0.65

235.7 -236.45= 8.2125g/t
AND

317.00

320.00

3.00

5.36

5.36

KDH397

135.00

160.00

25.00

0.98

0.98

145- 146= 12.35g/tAu
AND

166.00

181.00

15.00

0.84

0.84

INCL

166.00

169.00

3.00

2.51

2.51

KDH398

96.00

177.80

81.80

1.48

0.97

127- 128 =57g/t Au

INCL

123.00

130.00

7.00

10.15

4.15

INCL

168.85

177.80

8.95

2.02

2.02

AND

184.00

199.40

15.40

4.10

1.77

198- 198.8= 50.88g/t Au

INCL

192.00

199.40

7.40

8.23

4.31

AND

208.00

228.00

20.00

0.63

0.63

KDH399

87.00

169.00

82.00

0.96

0.85

145.3- 146= 24.08g/t Au

INCL

113.00

122.00

9.00

1.12

1.12

INCL

125.00

129.00

4.00

1.27

1.27

INCL

155.00

159.00

4.00

1.57

1.57

AND

175.00

189.00

14.00

0.54

0.54

AND

200.00

229.30

29.30

0.74

0.74

KDH400

254.00

258.00

4.00

1.44

1.44

INCL

255.00

258.00

3.00

1.79

1.79

KDH401

243.00

252.00

9.00

6.78

2.01

245- 246 =57.9g/t Au
INCL

243.00

246.00

3.00

19.80

5.50

KDH403

442.90

496.40

53.50

0.84

0.84

INCL

442.90

447.00

4.10

1.17

0.84

INCL

455.00

465.00

10.00

1.19

0.84

INCL

477.00

487.40

10.40

1.08

0.84

INCL

490.10

495.00

4.90

0.97

0.84

AND

506.20

590.00

83.80

0.90

0.84

INCL

507.00

510.00

3.00

1.18

0.84

INCL

513.00

526.00

13.00

1.29

0.84

INCL

551.00

577.00

26.00

1.09

0.84

INCL

581.00

585.00

4.00

1.87

0.84

AND

624.00

652.08

28.08

0.73

0.84

ENDED IN MINERALIZATION

INCL

636.80

643.00

6.20

1.20

0.84

INCL

646.00

652.08

6.08

1.16

0.84

KDH407

260.00

303.00

43.00

0.59

0.84

AND

309.10

379.00

69.90

0.82

0.84

INCL

334.00

340.00

6.00

1.13

0.84

INCL

343.00

359.25

16.25

1.40

0.84

INCL

365.00

371.00

6.00

1.50

0.84

AND

400.00

470.00

70.00

0.86

0.84

INCL

412.00

420.00

8.00

2.30

0.84

INCL

451.00

456.00

5.00

2.11

0.84

AND

530.00

540.45

10.45

0.96

0.84

INCL

537.00

540.45

3.45

1.78

0.84

AND

555.30

568.00

12.70

0.83

0.84

INCL

556.00

559.00

3.00

2.12

0.84

KDH409

262.15

266.00

3.85

1.61

1.61

INCL

263.00

266.00

3.00

1.87

1.87

AND

521.30

587.00

65.70

0.87

0.87

INCL

527.00

532.15

5.15

1.41

1.41

INCL

545.00

561.00

16.00

1.35

1.35

INCL

568.25

572.00

3.75

1.20

1.20

AND

603.00

640.85

37.85

1.82

1.77

608 -609 =16.8g/ t Au

INCL

607.00

624.00

17.00

2.88

2.77

INCL

631.20

640.00

8.80

1.81

1.81

AND

648.00

682.00

34.00

0.87

0.87

INCL

653.20

657.00

3.80

3.46

3.46

AND

689.00

701.03

12.03

0.76

0.76

ENDED IN MINERALIZATION
KKRC406

37.00

45.00

8.00

5.03

2.64

38- 39= 34.1 g/t Au
Notes on Table 1:
  1. Intervals are core length. True width is unknown at this time.
  2. Intersections are based on a 0.3 g/t gold cut-off with maximum internal dilution (MID) of 5m for the lower grade mineralization envelope, except for hole KDH349 (451.85-491.0m) and KDH350 (299.0-548.55m) where it has been increased to 6 and 5.55m respectively.
  3. In order to highlight the continuity of the high grade zone, a 0.8 g/t gold cut-off with maximum internal dilution of 2m has been used.
  4. Average gold grades (g/t) are presented with and without topcut applied in separate columns. The values with topcut have applied a grade capping of 15g/t Au.
  5. Where core losses were reported in the mineralized intercepts, the width of the entire mineralized intercept is reported at the weighted average grade of the remaining samples.
  6. The intersections listed in the table represent sections of at least 3m in excess of 1g/t Au and/or sections of at least 10m in excess of 0.5g/t Au.
  7. The intersections represent sections drilled by reverse circulation (RC) and/or cored drilling (see Table 2).
  8. The RC portions of the drill holes were sampled at 1m intervals. Dry samples were riffle-split to provide 2 kg samples sent to the laboratory. Wet samples were dried in the field, then riffle-split in the same way. The cored portion of the drill holes were sampled at one meter intervals and cut in half using a diamond saw. Half-core is archived at the core storage facility on site while the other half was sent to the laboratory.
  9. Samples were then sent to ALS Chemex and/or Actlabs in Ouagadougou for Fire Assay on a 50g charge.
  10. Certified standards were inserted every 15 samples, field duplicates (in the RC portions) about every 25 and blanks about every 10 samples. The blanks, certified standards and duplicate assays confirm that all assays used to compile the intersections quoted here have passed Volta Resources's rigorous QA/QC checks.


TABLE 2 : Collar Coordinates and Orientation Parameters

SECTION

HOLEID

UTM_X

UTM_Y

UTM_Z

DEPTH(m)

DrillType

DIP

AZIMUTH

5200N

KDH407

739456

1289092

270.0

652.44

DD

-60

315

5650N

KKRC658

739774

1289411

270.0

100.00

RC

-55

135

5700N

KDH384

739498

1289757

270.0

202.00

DD

-57

315

KKRC425

739279

1289976

270.0

75.00

RC

-55

135

KKRC426

739350

1289906

270.0

75.00

RC

-55

135

KKRC427

739739

1289517

270.0

75.00

RC

-55

135

KKRC428

739774

1289481

270.0

75.00

RC

-55

135

KKRC429

739810

1289446

270.0

75.00

RC

-55

135

KKRC430

739845

1289411

270.0

75.00

RC

-55

135

KDH355

739317

1289942

273.0

271.35

DD

-55

135

5750N

KDH351

739799

1289534

267.0

640.16

DD

-60

315

KDH385

739544

1289782

270.0

202.00

DD

-55

315

KKRC655

739845

1289481

270.0

88.00

RC

-55

135

5800N

KDH350

739829

1289572

271.0

592.70

DD

-60

315

KDH403

739863

1289534

270.0

652.08

DD

-60

315

KDH409

739385

1290012

270.0

701.03

DD

-60

135

KKRC639

739863

1289534

270.0

100.00

RC

-55

135

5850N

KDH347

739489

1289973

272.0

622.45

DD

-60

135

KKRC640

739852

1289616

270.0

100.00

RC

-55

135

KKRC641

739887

1289580

270.0

81.00

RC

-55

135

5900N

KDH356

739541

1289999

270.0

601.84

DD

-60

135

KDH388

739668

1289870

270.0

187.10

DD

-55

315

KDH392

739916

1289623

270.0

178.07

DD

-55

315

KDH401

739456

1290082

270.0

255.90

DD

-58

135

KKRC420

739456

1290082

270.0

75.00

RC

-55

135

KKRC421

739491

1290047

270.0

75.00

RC

-55

135

KKRC422

739916

1289623

270.0

75.00

RC

-55

135

KKRC423

739951

1289587

270.0

75.00

RC

-55

135

KKRC424

739986

1289552

270.0

75.00

RC

-55

135

KDH348

739817

1289735

270.4

175.00

DD

-55

135

5950N

KDH349

739559

1290049

270.9

601.80

DD

-55

135

KDH389

739703

1289906

270.0

174.14

DD

-55

315

KKRC692

739916

1289694

270.0

98.00

RC

-55

135

KKRC693

739951

1289658

270.0

84.00

RC

-55

135

KKRC694

739986

1289623

270.0

93.00

RC

-55

135

KDH353

739674

1289940

272.3

403.55

DD

-60

135

6000N

KDH393

739774

1289906

270.0

226.05

DD

-57

315

KDH400

739555

1290125

270.0

501.82

DD

-60

135

KKRC553

739951

1289729

270.0

100.00

RC

-55

135

KKRC554

739986

1289694

270.0

100.00

RC

-55

135

KKRC555

740022

1289658

270.0

100.00

RC

-55

135

6050N

KDH394

739916

1289835

270.0

253.23

DD

-58

315

KDH397

739810

1289941

270.0

226.10

DD

-57

315

KKRC651

739986

1289764

270.0

100.00

RC

-55

135

KKRC695

739951

1289800

270.0

81.00

RC

-55

135

6100N

KDH337

739812

1290014

269.8

265.40

DD

-58

135

KDH342

739706

1290121

269.5

487.63

DD

-60

135

KDH396

739951

1289870

270.0

381.97

DD

-58

315

KKRC552

740057

1289764

270.0

100.00

RC

-55

135

6150N

KDH344

739753

1290131

268.7

259.33

DD

-58

135

KDH345

739862

1290027

268.9

266.05

DD

-58

135

KDH390

739845

1290047

270.0

226.05

DD

-57

135

KDH398

739969

1289923

270.0

251.06

DD

-58

315

6200N

KDH346

740058

1289907

266.8

421.40

DD

-60

315

KDH399

739993

1289969

270.0

250.71

DD

-58

315

6250N

KDH391

739916

1290118

270.0

251.10

DD

-58

135

KDH395

740057

1289976

270.0

250.95

DD

-58

315

6300N

KKRC366

739827

1290277

267.0

49.00

RC

-55

135

KKRC367

739845

1290259

266.6

49.00

RC

-55

135

KKRC368

739863

1290241

266.6

40.00

RC

-55

135

KKRC369

739880

1290224

266.6

49.00

RC

-55

135

KKRC370

739898

1290206

266.7

49.00

RC

-55

135

KKRC371

739916

1290188

267.0

49.00

RC

-55

135

KKRC372

739933

1290171

266.8

49.00

RC

-55

135

KKRC373

739951

1290153

266.5

46.00

RC

-55

135

KKRC374

739969

1290135

266.5

46.00

RC

-55

135

KKRC375

739986

1290118

266.5

46.00

RC

-55

135

KKRC376

740004

1290100

266.6

46.00

RC

-55

135

KKRC377

740022

1290082

266.4

46.00

RC

-55

135

KKRC378

740039

1290065

266.2

46.00

RC

-55

135

KKRC379

740057

1290047

265.9

46.00

RC

-55

135

KKRC380

740075

1290030

265.8

46.00

RC

-55

135

KKRC381

740092

1290012

265.4

50.00

RC

-55

135

KKRC382

740110

1289994

264.8

50.00

RC

-55

135

KKRC383

740127

1289978

264.6

50.00

RC

-55

135

6400N

KKRC384

739898

1290348

265.5

50.00

RC

-55

135

KKRC385

739916

1290330

265.6

50.00

RC

-55

135

KKRC386

739934

1290312

265.5

50.00

RC

-55

135

KKRC387

739951

1290295

265.4

50.00

RC

-55

135

KKRC388

739969

1290277

265.3

50.00

RC

-55

135

KKRC389

739987

1290260

265.9

50.00

RC

-55

135

KKRC390

740004

1290242

265.4

50.00

RC

-55

135

KKRC391

740022

1290224

265.4

50.00

RC

-55

135

KKRC392

740040

1290207

265.4

50.00

RC

-55

135

KKRC393

740057

1290189

265.1

50.00

RC

-55

135

KKRC394

740076

1290171

265.1

50.00

RC

-55

135

KKRC395

740093

1290153

264.9

50.00

RC

-55

135

KKRC396

740111

1290136

264.9

50.00

RC

-55

135

KKRC397

740128

1290118

264.5

50.00

RC

-55

135

KKRC398

740146

1290100

264.1

50.00

RC

-55

135

KKRC399

740164

1290082

263.8

50.00

RC

-55

135

KKRC400

740181

1290066

263.7

50.00

RC

-55

135

KKRC401

740200

1290046

263.5

50.00

RC

-55

135

6500N

KKRC402

739969

1290418

264.1

50.00

RC

-55

135

KKRC403

739986

1290401

270.0

50.00

RC

-55

135

KKRC404

740004

1290383

270.0

50.00

RC

-55

135

KKRC405

740022

1290365

270.0

50.00

RC

-55

135

KKRC406

740039

1290348

270.0

50.00

RC

-55

135

KKRC407

740057

1290330

270.0

50.00

RC

-55

135

KKRC408

740075

1290312

270.0

50.00

RC

-55

135

KKRC409

740092

1290295

270.0

50.00

RC

-55

135

KKRC410

740110

1290277

270.0

50.00

RC

-55

135

KKRC411

740128

1290259

270.0

50.00

RC

-55

135

KKRC412

740145

1290242

270.0

50.00

RC

-55

135

KKRC413

740163

1290224

270.0

50.00

RC

-55

135

KKRC414

740181

1290206

270.0

50.00

RC

-55

135

KKRC415

740198

1290189

270.0

50.00

RC

-55

135

KKRC416

740216

1290171

270.0

50.00

RC

-55

135

KKRC417

740234

1290153

270.0

50.00

RC

-55

135

KKRC418

740251

1290135

270.0

50.00

RC

-55

135

KKRC419

740269

1290118

270.0

50.00

RC

-55

135



Under the guidelines of National Instrument 43-101, the qualified person for the Kiaka Gold Project is Mr. Guy Franceschi, Vice President, Exploration for Volta Resources. Mr. Franceschi is a member of the European Federation of Geologists and has reviewed and approved the contents of this news release.

About Volta Resources:

Volta Resources has a portfolio of quality gold exploration projects in Burkina Faso and Ghana, both mining-friendly West African jurisdictions with proven world-class gold deposits. VTR will focus on fast-tracking its flagship Kiaka Gold Project (NI-43-101 compliant resources include 117.42 million tonnes @ 1.07 g/t Au for 4,029,000 ounces in the Measured and Indicated categories and 29.96 million tonnes @ 1.00 g/t Au for 1,000,000 ounces in the Inferred category [Please see VTR press release dated March 21, 2012] including 34.38 million tonnes @ 1.04 g/t Au for 1,145,969 ounces of gold in the Proven category and 91.70 million tonnes @ 0.93 g/t Au for 2,742,353 ounces of gold in the Probable category [Please see VTR press release dated May 3, 2012]) towards a development decision, aiming to complete a Feasibility Study in Q3, 2013. Recent acquisition of properties around Kiaka have provided VTR with an extensive ground position along the highly prospective Markoye Fault Corridor in an important emerging gold province.

For further information, please refer to our website www.Voltaresources.com or contact:

Kevin Bullock, P.Eng., President & CEO
Tel: (416) 867-2299
Fax: (416) 867-2298
Email: kbullock@Voltaresources.com

or

Andreas Curkovic, Investor Relations
Tel: (416) 577-9927

Figure 1:

Forward Looking Information Caution:

This press release presents "forward-looking statements" within the meaning of Canadian securities legislation that involve inherent risks and uncertainties. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold and other minerals and metals, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the capital expenditures, costs and timing of the resources, the realization of mineral reserve estimates, the capital expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, currency exchange rate fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. Generally, these forward-looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Volta Resources to be materially different from those expressed or implied by such forward looking statements, including but not limited to: risks related to international operations, risks related to the integration of acquisitions; risks related to joint venture operations; actual results of current exploration activities; actual results of current or future reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of gold and other minerals and metals; possible variations in ore reserves, grade or recovery rates; failure of equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although the management and officers of Volta Resources believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Volta Resources does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

View this News Release in PDF:
distributed by