NI 43-101 Compliant Resource For The Kiaka Gold Project  

TORONTO - Volta Resources Inc. reported the maiden NI43-101 compliant resource estimate for its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. The resource estimation has been undertaken by independent consultants, SRK Consulting (UK) Ltd. based in Cardiff, United Kingdom. The resource estimate is based on more than 25,000 metres of drilling including 147 holes drilled by Volta and previous owner Randgold Resources Limited. The drilling was completed on schedule and the results have led to a robust maiden resource with demonstrable upside.

The resource estimation is based on the drill results from the central area at Kiaka and includes the KMZ and parts of the KHZ and KFZ zones. The volume modeled and included in the resource estimate by SRK extends for just over 1 kilometre along strike and down to a maximum vertical depth of 230 metres below surface. SRK concurs with Volta's technical team that higher grade "mineralized bands" ranging between 5 metres and 20 metres wide extend with good continuity for 100 metres to 400 metres along strike and 50 metres to 200 metres down dip. These "mineralized bands" are hosted within a lower grade "halo mineralization" within a structural corridor that is 100 metres to 200 metres wide. SRK has elected to define resources from the "mineralized bands" at a cut-off grade of 1.0 g/t gold and the "halo mineralization" at a cut-off grade of 0.6 g/t gold. The table below provides a summary of the estimate of Indicated Resources and Inferred Resources at these cut-off grades. The company's address is Suite 602, 67 Yonge Street, Toronto, ON M5E 1J8, 416-867-2299, fax: 416-867-2298, email: [email protected], www.voltaresources.com.