Volta Hits More Gold at its Nassara Gold Prospect in Southwestern Burkina
Faso

- Intersections of 9 meters @ 11.5 g/t gold, 5 meters @ 6.5 g/t gold and 19 meters @ 2.22 g/t gold -

TSX: VTR

TORONTO, Aug. 12 /CNW/ - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the results from its drilling program recently completed at the Nassara prospect, on its 100% owned Danyoro permit, in southwestern Burkina Faso, West Africa.

The drilling program, comprising 35 drill holes (3,515 metres), targeted a 2.2 kilometer portion of a 10 kilometer long northwest trending shear zone associated with gold in bedrock (see News Release of 16 June, 2010). The program has identified three northwesterly plunging ore shoots, each with a strike length between 400 and 600m. The gold mineralization occurs in quartz veining hosted along the sheared contact between volcanic flows and graphitic schists (See Figure No. 1 - http://files.newswire.ca/407/voltafig1.pdf). The ore shoots dip 45-60 degrees to the southwest. The highlights from the drilling program include:

    
    NRC6 :   11.0 m @ 2.18 g/t gold, from 38.0 m
    NRC7 :   8.0 m @ 2.10 g/t gold, from 32.0 m
    NRC14:   5.0 m @ 6.50 g/t gold, from 47.0 m
    NRC17 :  13.0 m @ 0.96 g/t gold, from 32.0 m
    NRC26 :  19.0 m @ 2.22 g/t gold, from 2.0 m
    NRC31 :  9.0 m @ 11.15 g/t gold, from 51.0 m
    

Kevin Bullock, Volta's CEO, said, "These results amply confirm our decision to target the shear zone identified in the first phase of trenching and drilling. We are encouraged by the grades, the solid widths and by the presence of mineralization starting near surface. Nassara is a key project within Volta's growth strategy. By exploring Nassara, Volta seeks to have another robust gold project in Burkina Faso that will provide additional strategic options as we continue to advance our Kiaka Project towards a development decision."

The holes were drilled to lengths of up to 180 meters, all inclined at -55 degrees to the north-west. In all, 3,516 drill samples and 540 control samples (standards, duplicates and blanks) were submitted to ALS Chemex's laboratories in Ouagadougou, Burkina Faso. Volta's sampling and assay procedures included QA/QC elements that employed the inclusion of certified standards and blanks.

    
    Table 1: Main Gold Intersections
    --------------------------------------------------------------
                      FROM           TO     INTERVAL        GRADE
    HOLE ID        -----------------------------------------------
                         m            m            m       g/t Au
    --------------------------------------------------------------
    NRC5             36.00        43.00         7.00         1.83
    --------------------------------------------------------------
    NRC6             27.00        29.00         2.00         5.12
    --------------------------------------------------------------
         AND         38.00        49.00        11.00         2.18
    --------------------------------------------------------------
    NRC7             32.00        40.00         8.00         2.10
    --------------------------------------------------------------
    NRC9             10.00        14.00         4.00         0.81
    --------------------------------------------------------------
    NRC10            39.00        42.00         3.00         1.53
    --------------------------------------------------------------
    NRC11            38.00        40.00         2.00         1.83
    --------------------------------------------------------------
    NRC12            37.00        39.00         2.00         0.64
    --------------------------------------------------------------
         AND         44.00        47.00         3.00         0.57
    --------------------------------------------------------------
    NRC13            47.00        54.00         7.00         1.01
    --------------------------------------------------------------
    NRC14            47.00        52.00         5.00         6.50
    --------------------------------------------------------------
    NRC15            12.00        43.00        31.00         0.62
    --------------------------------------------------------------
    NRC16             2.00        10.00         8.00         0.82
    --------------------------------------------------------------
    NRC17            32.00        45.00        13.00         0.96
    --------------------------------------------------------------
    NRC21            41.00        50.00         9.00         0.51
    --------------------------------------------------------------
    NRC23            39.00        44.00         5.00         0.99
    --------------------------------------------------------------
    NRC24            16.00        18.00         2.00         0.50
    --------------------------------------------------------------
         AND         48.00        51.00         3.00         0.92
    --------------------------------------------------------------
    NRC26             2.00        21.00        19.00         2.22
    --------------------------------------------------------------
    NRC27             0.00         3.00         3.00         1.02
    --------------------------------------------------------------
         AND         12.00        20.00         8.00         0.66
    --------------------------------------------------------------
         AND         27.00        36.00         9.00         1.06
    --------------------------------------------------------------
         AND         44.00        54.00        10.00         0.74
    --------------------------------------------------------------
    NRC29            22.00        28.00         6.00         0.59
    --------------------------------------------------------------
         AND         75.00        82.00         7.00         0.54
    --------------------------------------------------------------
    NRC30            63.00        68.00         5.00         0.77
    --------------------------------------------------------------
    NRC31            51.00        60.00         9.00        11.15
    --------------------------------------------------------------
    NRC32            58.00        62.00         4.00         0.62
    --------------------------------------------------------------
    NRC33            32.00        44.00        12.00         1.33
    --------------------------------------------------------------
    S01N             70.70        75.00         4.30         1.26
    --------------------------------------------------------------
    S02N             77.00        86.00         9.00         1.80
    --------------------------------------------------------------
    S03N             92.00        95.00         3.00         2.29
    --------------------------------------------------------------
    S04N              4.85         7.70         2.85         0.77
    --------------------------------------------------------------
    S06N             35.00        37.00         2.00         1.06
    --------------------------------------------------------------
         AND        112.00       117.00         5.00         1.24
    --------------------------------------------------------------

    Notes on Tables 1:
    1) Intervals are core length. True width is unknown at this time.
    2) Intersections are based on a 0.30 g/t Au cut-off with no top cut
       applied. Internal dilution (less than 0.30 g/t Au) has been carried
       to a maximum (Maximum Internal Dilution) of 3m.
    3) The intersections listed in the table represent sections of at least
       3m in excess of 0.5g/t Au or 2m in excess of 1g/t Au.
    5) The intersections represent sections drilled by reverse circulation
       (RC) and/or core drilling (see Table 2).
    6) The RC portions of the drill holes were generally 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 generally 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.
    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 25 and blanks about every 25 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.
    

The Nassara prospect is located in the southwestern corner of the Danyoro permit, one of the three contiguous permits held by Volta, which together comprise the Gaoua Project. Nassara was initially identified during soil geochemical surveys, where extensive gold-in-soil anomalism over more than 4 kilometers was found to be coincident with a distinctive northwest striking airborne magnetic lineament (see News Release of 15 September, 2009) and with magnetic, chargeability and conductivity anomalies (see News Release of 16 June, 2010). The soil geochemical grid has recently been extended to the north and south to cover the full 10 kilometers of strike highlighted by an airborne magnetic lineament. This soil survey indicates further extension of the anomalism in both directions. The extensions will soon be trenched and drill tested.

Recent soil surveying and mapping over the larger area indicate the presence of at least two more structures parallel to Nassara shear (respectively, Poni NE and Nassara SW), marked by coincident soil geochemical anomalism and magnetic signatures (See Figure No. 2 - http://files.newswire.ca/407/voltafig2.pdf).

Further trenching and drilling at Nassara, both along strike and at depth, as well as on other similar structures, will be undertaken as soon as the rainy season abates sufficiently to permit access.

    
    TABLE 2: Borehole collar coordinates and orientation parameters
    -------------------------------------------------------------------------
    BHID       UTM_X      UTM_Y    RL    DIP   AZI-TN    DEPTH    RC      DD
    -------------------------------------------------------------------------
    NRC5      481695    1129096   286     55       55       90    90
    -------------------------------------------------------------------------
    NRC6      481729    1129046   284     55       55      120   120
    -------------------------------------------------------------------------
    NRC7      481774    1128998   282     55       55       90    90
    -------------------------------------------------------------------------
    NRC8      481832    1128925   279     55       55       90    90
    -------------------------------------------------------------------------
    NRC9      481902    1128875   277     55       55       90    90
    -------------------------------------------------------------------------
    NRC10     481880    1128862   277     55       55       80    80
    -------------------------------------------------------------------------
    NRC11     481938    1128791   277     55       55       90    90
    -------------------------------------------------------------------------
    NRC12     481983    1128728   277     55       55       90    90
    -------------------------------------------------------------------------
    NRC13     482030    1128666   277     55       55       90    90
    -------------------------------------------------------------------------
    NRC14     482061    1128630   277     55       55       90    90
    -------------------------------------------------------------------------
    NRC15     482148    1128563   276     55       55       90    90
    -------------------------------------------------------------------------
    NRC16     482211    1128494   279     55       55       90    90
    -------------------------------------------------------------------------
    NRC17     482277    1128421   280     55       55       90    90
    -------------------------------------------------------------------------
    NRC18     482303    1128389   280     55       55       90    90
    -------------------------------------------------------------------------
    NRC19     482361    1128330   281     55       55       90    90
    -------------------------------------------------------------------------
    NRC20     482416    1128285   282     55       55       90    90
    -------------------------------------------------------------------------
    NRC21     482470    1128218   282     55       55       90    90
    -------------------------------------------------------------------------
    NRC22     482518    1128166   282     55       55       90    90
    -------------------------------------------------------------------------
    NRC23     482550    1128098   282     55       55       90    90
    -------------------------------------------------------------------------
    NRC24     482587    1128038   281     55       55       90    90
    -------------------------------------------------------------------------
    NRC25     482533    1127986   282     55       55       80    80
    -------------------------------------------------------------------------
    NRC26     482640    1127949   278     55       55       90    90
    -------------------------------------------------------------------------
    NRC27     482696    1127873   279     55       55       90    90
    -------------------------------------------------------------------------
    NRC28     482721    1127808   281     55       55       90    90
    -------------------------------------------------------------------------
    NRC29     482743    1127730   283     55       55      100   100
    -------------------------------------------------------------------------
    NRC30     482787    1127657   284     55       55       90    90
    -------------------------------------------------------------------------
    NRC31     482843    1127589   285     55       55       90    90
    -------------------------------------------------------------------------
    NRC32     482931    1127470   286     55       55       90    90
    -------------------------------------------------------------------------
    NRC33     481584    1129234   289     55       55      110   110
    -------------------------------------------------------------------------
    S01N      481656    1129071   284     55       55      120           120
    -------------------------------------------------------------------------
    S02N      481687    1129019   284     55       55      125           125
    -------------------------------------------------------------------------
    S03N      482024    1128609   279     55       55      135  80.2    54.7
    -------------------------------------------------------------------------
    S04N      482051    1128567   278     55       55      145           145
    -------------------------------------------------------------------------
    S05N      482683    1127787   282     55       55      160  75.6    84.4
    -------------------------------------------------------------------------
    S06N      482712    1127710   284     55       55      180           180
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    

Under the guidelines of National Instrument 43-101, the qualified person for the Gaoua 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.

%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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