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Volta Resources Inc
Symbol VTR
Shares Issued 133,925,698
Close 2011-06-07 C$ 1.33
Market Cap C$ 178,121,178
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Volta begins 15,000 m drilling program at Gaoua

2011-06-08 11:46 ET - News Release

Mr. Kevin Bullock reports

VOLTA COMMENCES 15,000M DRILLING PROGRAM TO FOLLOW-UP GOLD TARGETS AT ITS NASSARA GOLD PROSPECT, GAOUA PROJECT, IN SOUTHERN BURKINA FASO

Volta Resources Inc. has commenced a combined reverse-circulation and diamond-drilling program for a total of approximately 15,000 metres at its Nassara gold prospect on the Danyoro permit, which forms part of the 100-per-cent-owned Gaoua project in southern Burkina Faso, West Africa. The current program will follow up the positive drilling results obtained in January, 2010, and during the June-through-August period of the same year (see news releases of Jan. 28, 2010, and Aug. 12, 2010).

Since the release of the results of its drilling campaign in August, 2010, a gradient-array induced-polarization (IP) survey, as well as additional trenching and auger drilling, have been carried out over the northern and southern extensions of the Nassara Main zone, as well as over a parallel low-lying whaleback ridge (Nassara SW), which appears to be coincident with similarly enhanced gold anomalism.

The IP survey at Nassara Main zone (Nassara MZ) suggests that the mineralized sheared contact, between the low-chargeable volcanics and highly-chargeable sediments, extends over an additional 3.5 kilometres along strike. The extension is currently being followed up with wide-spaced trenching and auger drilling. Kevin Bullock, Volta's chief executive officer, said, "The exploration work carried out at Nassara since the last drilling program confirms that the Nassara gold prospect has significant gold targets and we plan to test these targets with an expanded program."

The current drilling campaign will aim at systematically testing three wider and higher-grade sections along the 2.5 kilometres of strike identified so far along the Nassara MZ as well as extending the drilling depth to 150 vertical metres. In addition, scout drilling will be undertaken along strike on the recently identified northern (3.5-kilometre) and southern (two-kilometre) extensions of the Nassara MZ. The 15,000-metre drilling program will continue until the onset of the seasonal rains, at which time it will be interrupted for approximately three months, from mid-August to late October or November.

Previously, first-pass shallow drilling results on the Nassara MZ yielded highlights of 15 metres 4.45 grams per tonne gold from 10 metres, 11 m at 2.18 g/t gold from 38 m, five m at 6.5 g/t gold from 47 m, 19 m at 2.22 g/t gold from two m and nine m at 11.15 g/t gold from 51 m.

Under the guidelines of national instrument 43-101, the qualified person for the Gaoua project is Guy Franceschi, Volta's vice-president, exploration. Mr. Franceschi is a member of the European Federation of Geologists and has reviewed and approved the contents of this news release.

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