Volta Completes Its In-fill and Extension Drilling Program at Its Kiaka Gold
Project

Intersects 54.0m at 3.16g/t Gold, Including 19.0m at 5.92g/t Gold

- Also 179.25m @ 1.05g/t gold including 13.0m @ 2.68g/t gold -

TSX: VTR

TORONTO, June 22 /CNW/ - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed sections at its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. To date, 113 holes (17,517meters) have been drilled, thereby completing the planned infill and extension drilling to be used to define a NI43-101 compliant resource at the Central Area at Kiaka.

To date all the results have been received, with this news release covering the latest holes, two of which are located on Section 4800N, two on Section 4900N, four on section 5050N, six on Section 5650N and four on Section 5750N (See Figure 1). In addition the recently received assay results of one hole located on formerly released section 5150N (see News release of June 3rd, 2010) has been added as well as six Randgold holes (labeled hereafter RRL) that have been re-assayed on these sections. The highlights from these sections include:

    
    - KRD91 :      11.00m @ 1.21 g/t Au,
    - KRD89 :       3.85m @ 4.34 g/t Au
    - KDH92 :      40.80m @ 0.97 g/t Au, including 18.10m @ 1.56 g/t Au
                               AND
    - KDH92 :     135.10m @ 0.69 g/t Au, including 21.65m @ 1.06 g/t Au
    - KRD104 :     76.75m @ 0.84 g/t Au, including 24.0m @ 1.63 g/t Au
    - KRD106 :      54.0m @ 3.16 g/t Au, including 19.0m @ 5.92 g/t Au
                               and 10.0m @ 4.43 g/t Au
    - KRD68 :      33.00m @ 1.02 g/t Au, including 9.0m @ 2.04 g/t Au
    - RRL_KDH12    40.00m @ 0.80 g/t Au, including 9.0m @ 1.10 g/t Au
    - RRL_KDH17 : 118.00m @ 1.13 g/t Au, including 13.0m @ 2.39 g/t Au
                               AND
    - RRL_KDH17 :  52.00m @ 1.48 g/t Au, including 36.0m @ 1.80 g/t Au
    - KDH97 :     179.25m @ 1.05 g/t Au, including 14.7m @ 2.68 g/t Au
    - KRD95 :      53.25m @ 0.85 g/t Au,
    - KRD96 :       7.00m @ 1.47 g/t Au AND
    - KRD96 :       5.70m @ 1.54 g/t Au
    - RRL_KRC09 :  13.00m @ 0.94 g/t Au, including 7.0m @ 1.41 g/t Au
    

Kevin Bullock, Volta's CEO, said, "We are very pleased to have concluded our first drill campaign at Kiaka. It's particularly satisfying to conclude with more than three grams over 54 meters - one of our best holes yet. We are on track to release our first resource estimate by the end of this month and then begin the next phase of Kiaka's development.

Section 5650N, an in-fill line between 5600N (see News Release of 21 April, 2010) and 5700N (see News Release of 30 April, 2010), confirmed the continuity along strike of the broad zone of mineralization as well as the higher grade portions intersected in the adjacent sections. The higher-grade portions can be related to a distinct alteration style and more intense deformation that can be traced from section to section.

Holes on Section 5050N continue to intersect the central mineralization, while hole KRD106 on section 5150N, returned outstanding wide and high-grade intercepts.

Sections 4900N and 4800N have tested the central mineralization a further 200m to the south of last released section (5000N, see News Release of 10 June, 2010). Mineralized intercepts, though locally high-grade, are narrow and indicate that the main orebody pinches out. Interpretation of the geophysical data (see News Release of 4 May, 2010) suggests that the mineralization may widen-up further south, along the same northeast trend as seen in the Central Area. The Company is currently drilling two extended sections across the interpreted position where the KMZ is thought to be widening in the South Area. Results are awaited and will be reported as soon as available.

The holes on section 5750N have only intersected narrower and/or lower-grade mineralized intercepts. Structural interpretation of the data from the northern sections suggests that the KMZ mineralization may be displaced to the southeast across an easterly trending, north dipping fault (see also News Release of 3 and 10 June, 2010).

To date, Volta's drill program has tested only the Central Area, comprising 1,100m strike extent of the 2,800m long KMZ zone. The program in-filled and extended drilling on the Central Area such that the KMZ zone is drilled to 50m x 50m spacing from surface to a 150m vertical depth and 100m x 50m from 150m to 200m vertical depth. Volta is on track to finalize a maiden National Instrument 43-101 ("NI43-101") compliant resource before the end of June 2010. It should be emphasized that this infill drilling is limited to a vertical depth of 200 meters, whereas previous in-house drilling and estimates by Randgold for the same area extended to a vertical depth of 300m. Consequently, the company is aiming to convert approximately two thirds of the Randgold in-house estimates to NI43-101 compliant resource categories during the current phase.

Results for the holes on sections 4800N, 4900N, 5050N, 5150N, 5650N and 5750N are highlighted in Table 1 below and on the sections in the Figures 2 to 4. Analyses of the Volta samples were undertaken by fire assay on a 50g charge at ALS Chemex Laboratories in Ouagadougou. Volta's sampling and assay procedures included QA/QC elements that employed the inclusion of certified standards and blanks.

    
    Table 1: Highlights of gold intersections from for Sections 4800N, 4900N,
    -------------------------------------------------------------------------
    5050N, 5150N, 5650N and 5750N
    -----------------------------

    -------------------------------------------------------------------------
    SECTION  HOLE ID      FROM      TO   INTERVAL    GRADE      COMMENTS
                       ------------------------------------
                            m        m        m     g/t Au
    -------------------------------------------------------------------------
      4800N  KRD91        63.20    74.20    11.00     1.21
             ----------------------------------------------------------------
             AND         111.20   121.15     9.95     0.54
             ----------------------------------------------------------------
             KKRC45        0.00    13.00    13.00     0.69
             ----------------------------------------------------------------
               Including   6.00    13.00     7.00     0.99
             ----------------------------------------------------------------
             RRL-KDH06   174.00   192.00    18.00     0.67  Randgold drill
                                                            hole
    -------------------------------------------------------------------------
      4900N  KRD89        25.00    46.00    21.00     0.55
             ----------------------------------------------------------------
             AND          52.00    55.85     3.85     4.34
             ----------------------------------------------------------------
             AND         129.00   140.10    11.10     0.58  halted in
                                                            mineralization
    -------------------------------------------------------------------------
      5050N  KRD65                                          No significant
                                                            values
             ----------------------------------------------------------------
             KDH92        57.20    98.00    40.80     0.97
             ----------------------------------------------------------------
               Including  70.00    88.10    18.10     1.56
             ----------------------------------------------------------------
             AND         129.00   264.10   135.10     0.69
             ----------------------------------------------------------------
               Including 185.00   193.00     8.00     1.49
             ----------------------------------------------------------------
               Including 200.35   222.00    21.65     1.06
             ----------------------------------------------------------------
               Including 225.00   233.00     8.00     1.20
             ----------------------------------------------------------------
             RRL_KDH12    46.00   127.00    81.00     0.65  Randgold drill
                                                            hole
             ----------------------------------------------------------------
               Including  46.00    53.00     7.00     1.48
             ----------------------------------------------------------------
               Including  63.00    66.00     3.00     4.23
             ----------------------------------------------------------------
               Including  79.00    82.00     3.00     1.26
             ----------------------------------------------------------------
             AND         165.00   205.00    40.00     0.80
             ----------------------------------------------------------------
               Including 165.00   169.00     4.00     1.32
             ----------------------------------------------------------------
               Including 174.00   183.00     9.00     1.10
             ----------------------------------------------------------------
               Including 188.00   194.00     6.00     1.53
             ----------------------------------------------------------------
             KRD104        9.25    86.00    76.75     0.84
             ----------------------------------------------------------------
               Including  15.25    21.25     6.00     0.85
             ----------------------------------------------------------------
               Including  24.25    48.25    24.00     1.63
             ----------------------------------------------------------------
               Including  54.25    58.00     3.75     1.23
             ----------------------------------------------------------------
             KRD98         1.00    16.00    15.00     0.70
             ----------------------------------------------------------------
               Including   1.00     5.00     4.00     1.47
    -------------------------------------------------------------------------
      5150N  KRD106        1.20    55.20    54.00     3.16
     update  ----------------------------------------------------------------
               Including   1.20    20.20    19.00     5.92
             ----------------------------------------------------------------
               Including  27.20    37.20    10.00     4.43
             ----------------------------------------------------------------
               Including  48.20    51.20     3.00     1.07
             ----------------------------------------------------------------
             AND          66.20    72.20     6.00     1.58
    -------------------------------------------------------------------------
      5650N  KRD68        16.00    49.00    33.00     1.02
             ----------------------------------------------------------------
               Including  29.00    34.00     5.00     1.79
             ----------------------------------------------------------------
               Including  39.00    48.00     9.00     2.04
             ----------------------------------------------------------------
             KRD67        14.00    44.00    30.00     0.64
             ----------------------------------------------------------------
               Including  16.00    19.00     3.00     1.90
             ----------------------------------------------------------------
               Including  36.00    39.00     3.00     1.20
             ----------------------------------------------------------------
             RRL-KDH17    85.00    88.00     3.00     1.14  Randgold drill
                                                            hole
             ----------------------------------------------------------------
             AND         111.00   229.00   118.00     1.13
             ----------------------------------------------------------------
               Including 131.00   139.00     8.00     1.67
             ----------------------------------------------------------------
               Including 143.00   180.00    37.00     1.27
             ----------------------------------------------------------------
               Including 186.00   199.00    13.00     2.39
             ----------------------------------------------------------------
               Including 202.00   208.00     6.00     1.46
             ----------------------------------------------------------------
               Including 211.00   221.00    10.00     1.40
             ----------------------------------------------------------------
             AND         240.00   292.00    52.00     1.48
             ----------------------------------------------------------------
               Including 241.00   277.00    36.00     1.80
             ----------------------------------------------------------------
             AND         302.00   331.00    29.00     0.56
             ----------------------------------------------------------------
             KDH97        56.00   235.25   179.25     1.05  halted in
                                                            mineralization
             ----------------------------------------------------------------
               Including  61.30    76.00    14.70     2.68
             ----------------------------------------------------------------
               Including  79.75   107.00    27.25     1.13
             ----------------------------------------------------------------
               Including 113.00   130.00    17.00     1.39
             ----------------------------------------------------------------
               Including 143.90   147.90     4.00     1.27
             ----------------------------------------------------------------
               Including 161.00   166.10     5.10     1.10
             ----------------------------------------------------------------
               Including 174.85   192.10    17.25     1.37
             ----------------------------------------------------------------
             KRD95        23.00    46.00    23.00     0.51
             ----------------------------------------------------------------
               Including  42.00    45.00     3.00     1.31
             ----------------------------------------------------------------
             AND          72.00   112.50    40.50     0.58
             ----------------------------------------------------------------
               Including  75.00    78.80     3.80     1.35
             ----------------------------------------------------------------
             AND         128.00   181.25    53.25     0.85
             ----------------------------------------------------------------
             KRD96        38.00    45.00     7.00     1.47
             ----------------------------------------------------------------
             AND          54.00    88.00    34.00     0.61
             ----------------------------------------------------------------
               Including  76.00    81.70     5.70     1.54
             ----------------------------------------------------------------
             AND         129.00   145.40    16.40     0.50  halted in
                                                            mineralization
             ----------------------------------------------------------------
             KRD94        21.00    36.00    15.00     0.61
             ----------------------------------------------------------------
             AND          44.00    66.00    22.00     0.57
    -------------------------------------------------------------------------
      5750N  KRD87        69.00    73.00     4.00     1.29
             ----------------------------------------------------------------
             KRD88        68.00    89.00    21.00     0.55
             ----------------------------------------------------------------
             RRL-KRC09    38.00    51.00    13.00     0.94  Randgold drill
                                                            hole
             ----------------------------------------------------------------
               Including  42.00    49.00     7.00     1.41
    -------------------------------------------------------------------------

    Notes on Tables 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 (increased to 6m in KDH97).
    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. No
       top cut has been applied.
    4) 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.
    5) The intersections represent sections drilled by reverse circulation
       (RC) and/or cored drilling (see Table 2).
    6) The RC portions of the drill holes were sampled at 1-m 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
       metre 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.
    7) Samples were sent to ALS Chemex in Ouagadougou for standard
       preparation followed by Fire Assay on a 50g charge.
    8) Certified standards were inserted every 15 samples, field duplicates
       (in the RC portions) about every 20 and blanks about every 30 samples.
       The blanks, certified standards and duplicate assays confirm that all
       assays used to compile the intersections quoted here have passed
       Volta's rigorous QA/QC checks.
    9) For the listed Randgold holes the re-assay values have been used. Re-
       assays were performed on pulps or rejects of previously assayed
       samples in exactly the same manner as for the Volta samples. Where no
       re-assays were available, the Randgold assay values have been used.
       The Randgold assay results are considered to be reliable and
      acceptable.


    TABLE 2: Borehole collar coordinates and orientation parameters for
    -------------------------------------------------------------------
    Section 4800N, 4900N, 5050N, 5150N, 5650N and 5750N
    ---------------------------------------------------

    -------------------------------------------------------------------------
                                       Elev-     Azim-
    SECTION BHID     Easting Northing   ation Dip  uth   Depth     RC      DD
    -------------------------------------------------------------------------
      4800N KKRC45    738995  1288985  267.10 -55  135   80.00  80.00    0.00
            -----------------------------------------------------------------
            KRD91     738962  1289018  266.80 -55  135  145.00  83.20   61.80
            -----------------------------------------------------------------
            RRL_KDH06 738943  1289063  266.60 -45  130  211.00   0.00  211.00
    -------------------------------------------------------------------------
      4900N KKRC44    739066  1289057  266.10 -55  135   57.00  57.00    0.00
            -----------------------------------------------------------------
            KRD89     739033  1289092  266.00 -55  135  140.10  42.40   97.70
            -----------------------------------------------------------------
            RRL_KDH10 738986  1289143  267.30 -45  130  304.00   0.00  304.00
    -------------------------------------------------------------------------
      5050N KRD65     738997  1289338  270.57 -58  135   52.00  52.00    0.00
            -----------------------------------------------------------------
            KDH92     739067  1289269  269.07 -55  135  265.25   0.00  265.25
            -----------------------------------------------------------------
            KRD104    739140  1289197  267.31 -56  135  135.00  55.25   79.75
            -----------------------------------------------------------------
            KRD98     739161  1289172  266.83 -55  135   80.55  40.50   40.05
            -----------------------------------------------------------------
            RRL-KDH12 739078  1289269  269,13 -45  130  328.00   0,00  328,00
    -------------------------------------------------------------------------
      5150N KRD106    739225  1289248  266.74 -55  135  110.00  72.20   37.80
    -------------------------------------------------------------------------
      5650N KDH97     739533  1289656  269.20 -55  135  235.00   0.00  235.00
            -----------------------------------------------------------------
            KRD67     739459  1289731  270.50 -54  135   47.00  47.00    0.00
            -----------------------------------------------------------------
            KRD68     739409  1289782  272.40 -57  135   51.00  51.00    0.00
            -----------------------------------------------------------------
            KRD94     739625  1289564  267.70 -55  135  100.00  56.75   43.25
            -----------------------------------------------------------------
            KRD95     739564  1289625  268.70 -55  135  186.15  45.00  141.15
            -----------------------------------------------------------------
            KRD96     739602  1289588  268.10 -55  135  145.40  41.00  104.40
            -----------------------------------------------------------------
            RRL_KDH17 739466  1289705  270.40 -45  125  349.00   0.00  349.00
    -------------------------------------------------------------------------
      5750N KRD100    739753  1289579  267.50 -55  135  230.50  72.10  158.40
            -----------------------------------------------------------------
            KRD86     739671  1289662  269.10 -55  135   80.00  39.00   41.00
            -----------------------------------------------------------------
            KRD87     739636  1289697  269.70 -56  135  160.00  89.00   71.00
            -----------------------------------------------------------------
            KRD88     739699  1289634  269.00 -56  135  165.20  66.50   98.70
            -----------------------------------------------------------------
            RRL_KRC08 739619  1289748  270.80 -45  130   94.00  94.00    0.00
            -----------------------------------------------------------------
            RRL_KRC09 739664  1289709  270.20 -45  130   90.00  90.00    0.00
    -------------------------------------------------------------------------
    * KRD67 and KRD68 are uncompleted holes
    

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. Mr. Franceschi is a member of the European Federation of Geologists and has reviewed and approved the contents of this news release.

Volta is a mineral exploration company primarily focused on becoming a leader in the identification, acquisition and exploration of gold properties in West Africa. The Company is currently fast-tracking its flagship Kiaka Gold Project, located in Burkina Faso, towards a development decision.

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 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 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.

To view Figures 1 through 6 of the Kiaka Gold Project, please visit: http://files.newswire.ca/407/Volta_Kiaka_June22.doc

%SEDAR: 00026749E

SOURCE Volta Resources Inc.

For further information: For further information: please refer to our website www.voltaresources.com or contact: Kevin Bullock, P.Eng., President & CEO, Tel: (647) 388-1842, Fax: (416) 867-2298, Email: kbullock@voltaresources.com; Andreas Curkovic, Investor Relations, 416-577-9927

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