Volta Extends Gold Mineralization Further South At Its Kiaka Gold Project

Intersects 82.0m at 1.12g/t Gold, Including 42.1 Meters at 1.54g/t Gold

- Also 35.6m @ 1.13g/t gold including 5.0m @ 4.77g/t gold -

TSX: VTR

TORONTO, June 10 /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.

So far results have been received for 108 holes from this area with the remainder expected soon. This news release covers the latest 14 holes, four of which are located on Section 5000N, seven on Section 5100N and three on Section 5900N, (See Figure 1). In addition four Randgold holes (labeled hereafter RRL) have been re-assayed on these sections. The highlights from these sections include:

    
    - KRD84 :      76.0m @ 0.82g/t Au, including 17.0m @ 1.38g/t Au
    - KDH90 :      11.0m @ 1.11g/t Au, including 4.0m @ 2.62g/t Au, AND
    - KDH90 :      49.0m @ 0.87g/t Au, including 4.0m @ 1.62g/t Au.
    - RRL_KDH11 :  71.0m @ 0.77g/t Au, including 4.0m @ 1.68g/t Au
    - RRL_KRC11 : 134.0m @ 0.77g/t Au
    - KRD80 :      46.4m @ 1.16g/t Au AND
    - KRD80 :      35.6m @ 1.13g/t Au, including 5.0m @ 4.77g/t Au.
    - KRD82 :      82.0m @ 1.12g/t Au, including 42.1m @ 1.54g/t Au
    - KRD83 :     106.0m @ 0.95g/t Au, including 22.0m @ 1.88g/t Au, AND
    - KRD83 :      51.7m @ 0.74g/t Au, including 4.0m @ 3.0g/t Au
    - KDH70 :      29.0m @ 0.91g/t Au, including 9.0m @ 2.35g/t Au
    

Kevin Bullock, Volta's CEO, said, "As we complete our first drill campaign at Kiaka, we are pleased that it is concluding with the successful results we have seen throughout. We have strategically focused our drilling toward establishing our maiden resource however our drilling has also been productive in revealing future targets to further refine our soon to be established resource. With our strong cash position and our increased understanding of the deposit, we will be able to expeditiously advance Kiaka toward our ultimate production goal."

Sections 5000N and 5100N have extended the central mineralization a further 150m to the south. The holes on section 5900N 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. This would imply that the narrower mineralized intersections encountered in the holes drilled on Sections 5800N and 5900N so far are associated with the KHZ and KIZ zones. The company has recently completed drilling a hole on the eastern edge of Section 5750N in order to test this interpretation. Results are awaited.

To date, Volta's drill program has tested only the Central Area, comprising 900m 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 5000N, 5100N and 5900N 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 Section 5000N, 5100N and 5900N

    
    -------------------------------------------------------------------------
    SECTION  HOLE          FROM        TO      INTERVAL    GRADE   Comments
              ID       ------------------------------------------
                             m          m          m      g/t Au
    -------------------------------------------------------------------------
    5000N    KDH81        236.00      314.00      78.00     0.64
            -----------------------------------------------------
              Including   253.00      268.00      15.00     1.05
            -----------------------------------------------------
              Including   272.00      281.00       9.00     1.05
            -----------------------------------------------------------------
             KRD84          0.00       76.00      76.00     0.82
            -----------------------------------------------------
              Including     3.00       16.00      13.00     1.01
            -----------------------------------------------------
              Including    21.00       38.00      17.00     1.38
            -----------------------------------------------------------------
             KDH90         14.00       25.00      11.00     1.11
            -----------------------------------------------------
              Including    14.00       18.00       4.00     2.62
            -----------------------------------------------------
             AND           49.00       98.00      49.00     0.87
            -----------------------------------------------------
              Including    69.00       73.00       4.00     1.24
            -----------------------------------------------------
              Including    92.00       96.00       4.00     1.62
            -----------------------------------------------------
             AND          118.70      165.00      46.30     0.64
            -----------------------------------------------------
              Including   125.60      135.00       9.40     1.00
            -----------------------------------------------------------------
             RRL-KDH11    138.00      150.00      12.00     0.60   Randgold
            -----------------------------------------------------   hole
              Including   143.00      147.00       4.00     1.06
            -----------------------------------------------------
             AND          203.00      274.00      71.00     0.77
            -----------------------------------------------------
              Including   217.00      221.00       4.00     1.68
            -----------------------------------------------------
              Including   224.00      237.00      13.00     0.99
            -----------------------------------------------------
              Including   240.00      247.00       7.00     1.43
            -----------------------------------------------------------------
             RRL_KRC11     21.00      155.00     134.00     0.77   Randgold
            -----------------------------------------------------   hole
              Including    70.00      102.00      32.00     1.08    Ended in
            -----------------------------------------------------   mineral-
              Including   106.00      121.00      15.00     1.09    ization
            -----------------------------------------------------
              Including   127.00      130.00       3.00     1.14
            -----------------------------------------------------
              Including   135.00      143.00       8.00     1.37
    -------------------------------------------------------------------------
    5100N    KDH79         80.00      129.00      49.00     0.94   MID
            -----------------------------------------------------   increased
              Including    80.00       89.00       9.00     1.40    to 6m
            -----------------------------------------------------
              Including    95.20      101.00       5.80     3.71
            -----------------------------------------------------
             AND          156.00      238.00      82.00     0.71
            -----------------------------------------------------
              Including   175.00      181.00       6.00     1.33
            -----------------------------------------------------
              Including   185.00      204.00      19.00     1.41
            -----------------------------------------------------
             AND          263.10      283.00      19.90     0.83
            -----------------------------------------------------
              Including   268.00      274.00       6.00     1.07
            -----------------------------------------------------
              Including   277.90      283.00       5.10     1.46
            -----------------------------------------------------------------
             KRD80          0.00       46.40      46.40     1.16
            -----------------------------------------------------
              Including     1.40       33.40      32.00     1.47
            -----------------------------------------------------
             AND           61.40       97.00      35.60     1.13
            -----------------------------------------------------
              Including    83.00       88.00       5.00     4.77
            -----------------------------------------------------
             AND          104.00      149.20      45.20     0.90
            -----------------------------------------------------
              Including   104.00      119.20      15.20     1.02
            -----------------------------------------------------
              Including   122.60      133.00      10.40     1.16
            -----------------------------------------------------------------
             KRD82          0.00       82.00      82.00     1.12
            -----------------------------------------------------
              Including     1.00       12.00      11.00     1.34
            -----------------------------------------------------
              Including    16.00       58.10      42.10     1.54
            -----------------------------------------------------------------
             KKRC43         0.00       39.00      39.00     0.79
            -----------------------------------------------------
              Including    18.00       22.00       4.00     2.39
            -----------------------------------------------------------------
             KDH77         21.00       33.00      12.00     0.93
            -----------------------------------------------------
              Including    23.00       33.00      10.00     1.07
            -----------------------------------------------------
             AND           42.00       94.00      52.00     0.54
            -----------------------------------------------------
             AND          122.00      132.00      10.00     1.41
            -----------------------------------------------------
             AND          142.00      167.00      25.00     0.51
            -----------------------------------------------------
             AND          203.00      237.00      34.00     0.69
            -----------------------------------------------------
              Including   204.00      213.00       9.00     1.33
            -----------------------------------------------------------------
             KRD83          0.00      106.00     106.00     0.95
            -----------------------------------------------------------------
              Including     1.00       23.00      22.00     1.88
            -----------------------------------------------------------------
              Including    28.00       41.00      13.00     1.20
            -----------------------------------------------------------------
              Including    47.00       52.00       5.00     1.61
            -----------------------------------------------------------------
              Including    59.00       62.00       3.00     1.09
            -----------------------------------------------------------------
              Including    67.10       71.00       3.90     1.66
            -----------------------------------------------------------------
              Including    76.00       80.00       4.00     1.10
            -----------------------------------------------------------------
              Including    87.00       91.00       4.00     1.04
            -----------------------------------------------------------------
             AND          113.00      164.70      51.70     0.74
            -----------------------------------------------------------------
              Including   136.15      140.00       3.85     1.24
            -----------------------------------------------------------------
              Including   156.00      160.00       4.00     3.00
    -------------------------------------------------------------------------
    5900N    KDH70        104.00      133.00      29.00     0.91
            -----------------------------------------------------
              Including   112.00      121.00       9.00     2.35
            -----------------------------------------------------------------
             KRD72         47.00       53.00       6.00     1.00
            -----------------------------------------------------------------
             RRL_KDH24    115.00      150.00      35.00     0.58   Randgold
            -----------------------------------------------------   hole
              Including   129.00      132.00       3.00     1.67    MID
            -----------------------------------------------------   increased
             AND          200.00      212.00      12.00     2.18    to 6m
            -----------------------------------------------------
             AND          232.00      253.00      21.00     0.57
            -----------------------------------------------------
              Including   241.00      244.00       3.00     1.32
            -----------------------------------------------------
             AND          342.00      348.00       6.00     0.99
    -------------------------------------------------------------------------
    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 KDH79 and in RRL_KDH24).
    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 Tables 3 and 4).
    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,
       occasionally, 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 5000N, 5100N and 5900N

    -------------------------------------------------------------------------
    Sect- Hole   Easting  Northing  Elev-  Depth   Azi-   Dip     RC     DD
     ion   ID                       ation          muth
                                  -------------------------------------------
                                    (m)     (m)    (deg-  (deg-  (m)    (m)
                                                   rees)  rees)
    -------------------------------------------------------------------------

    5000N
       ----------------------------------------------------------------------
       RRL_KDH02 738,939 1,289,272 269.00 175.50 -45.00 125.00   0.00 175.50
       ----------------------------------------------------------------------
       RRL_KDH11 739,009 1,289,236 269.00 325.00 -45.00 130.00   0.00 325.00
       ----------------------------------------------------------------------
       KDH81     739,020 1,289,246 269.00 315.00 -55.00 135.00   0.00 315.00
       ----------------------------------------------------------------------
       KDH90     739,174 1,289,090 266.00 273.40 -56.00 135.00   0.00 273.40
       ----------------------------------------------------------------------
       RRL_KRC11 739,080 1,289,181 266.00 155.00 -45.00 130.00 155.00   0.00
       ----------------------------------------------------------------------
       KRD66*  738,961 1,289,303 270.00  63.00 -56.00 135.00  63.00   0.00
       ----------------------------------------------------------------------
       KRD84     739,122 1,289,144 267.00 100.20 -55.00 135.00  70.80  29.40
       ----------------------------------------------------------------------
       KDH77     739,236 1,289,170 266.00 270.23 -55.00 315.00   0.00 270.23
       ----------------------------------------------------------------------

    5100N
       ----------------------------------------------------------------------
       KDH79     739,102 1,289,304 269.00 285.36 -55.00 135.00   0.00 285.36
       ----------------------------------------------------------------------
       KKRC37    739,033 1,289,376 271.00  75.00 -56.00 135.00  75.00   0.00
       ----------------------------------------------------------------------
       KKRC43    739,198 1,289,211 267.00  90.00 -55.00 135.00  90.00   0.00
       ----------------------------------------------------------------------
       KRD80     739,138 1,289,269 269.00 210.10 -55.00 135.00  72.40 137.70
       ----------------------------------------------------------------------
       KRD82     739,175 1,289,234 267.00 140.14 -55.00 135.00  44.00  96.14
       ----------------------------------------------------------------------
       KRD83     739,198 1,289,211 266.75 170.14 -55.00 315.00   51.2 118.94
       ----------------------------------------------------------------------

    5900N
       ----------------------------------------------------------------------
       RRL_KDH24 739,642 1,289,866 273.00 395.50 -46.00 130.00   0.00 395.50
       ----------------------------------------------------------------------
       KDH70     739,707 1,289,837 272.00 225.00 -55.00 135.00   0.00 225.00
       ----------------------------------------------------------------------
       KKRC33    739,775 1,289,768 271.00  75.00 -57.00 135.00  75.00   0.00
       ----------------------------------------------------------------------
       KRD72     739,743 1,289,803 272.00 155.10 -56.00 135.00  66.00  89.10
    -------------------------------------------------------------------------
    * KRD66 is an uncompleted hole
    

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.

Visit http://files.newswire.ca/407/Kiaka_Fig_1-4.pdf to see Figures 1-4.

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.

%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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