Volta intersects 82.10 meters at 2.27 g/t gold from its Kiaka Gold Project in
Burkina Faso

TSX: VTR

TORONTO, March 2 /CNW/ - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the drill results from the next completed section at its Kiaka Gold Project, located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. To date, 52 holes (~8,200 meters) have been completed of a program comprising more than 150 holes (greater than 22,000 meters). So far results have been received for 40 holes, with this news release covering the latest 9 holes, which are all located on Section 5400N. The highlights from this section include:

    
    -   KKRC21 : 38.0m @ 1.39g/t Au, including 6m @ 3.61g/t Au
    -   KKRC21 : 43.0m @ 0.96g/t Au, including 6m @ 1.57g/t Au
    -   KKRC24 : 24.0m @ 1.31g/t Au, including 7m @ 3.20g/t Au
    -   KKRC24 : 42.0m @ 1.33g/t Au, including 8m @ 3.07g/t Au
    -   KRD35  : 65.0m @ 0.78g/t Au, including 6m @ 2.03g/t Au
    -   KRD35  : 16.0m @ 1.31g/t Au
    -   KRD38  : 82.1m @ 2.27g/t Au
    -   KRD40  : 45.0m @ 0.86g/t Au, including 10m @ 1.46g/t Au
    -   KKRC22 : 14.0m @ 2.38g/t Au
    -   KKRC23 :  8.0m @ 2.28g/t Au, including 4m @ 4.23g/t Au
    -   KDH36  : 42.5m @ 1.57g/t Au, including 9m @ 3.67g/t Au
    -   KDH36  : 33.0m @ 1.11g/t Au, including 6m @ 3.72g/t Au
    -   KDH37  : 70.35m @ 1.10g/t Au, including 12m @ 1.55g/t Au
    

Kevin Bullock, Volta's President and CEO, said, "These latest results continue to show what are emerging as the hallmarks of Kiaka - continuity, consistency and broad widths. Although we are still early in our drill program, we have already demonstrated that Kiaka contains mineralized zones that were not strongly evident in the historical outline of the deposit."

The current drill program continues to intersect broad zones of mineralization at Kiaka for the KMZ. These zones include higher grade portions which can be related to a distinct alteration style and more intense deformation that can be traced from section to section. A moderately easterly dipping normal fault has been inferred on Section 5400N, displacing the upper block to the east. Significantly, a very well mineralized wide hanging wall zone of mineralization has been intersected in KKRC24 and this will be followed up on ensuing sections to the northeast.

All holes were drilled on the same section, inclined between -55 degrees to -60 degrees (see Figure 1). In all, 1729 samples and 205 control samples (standards, duplicates and blanks), were submitted to ALS Chemex's laboratories in Ouagadougou, Burkina Faso for gold analysis by fire assay on a 50g charge. In order to appreciate the extent and geometry of the mineralization on the 5400N section, the results for the intersections for these holes are highlighted in Table1 below and on the section in Figure 2.

    
                   Table 1: Highlights from Section 5400N
    -------------------------------------------------------------------------
    Hole ID        From       To     Interval    Grade   Comment
                     m         m         m      g/t Au
    -------------------------------------------------------------------------
    KKRC21          4.00     42.00     38.00     1.39
    --------------------------------------------------
      Including     7.00     25.00     18.00     1.32
    --------------------------------------------------
      Including    34.00     40.00      6.00     3.61
    --------------------------------------------------
                                                         Halted in
    AND            57.00    100.00     43.00     0.96    mineralization
    --------------------------------------------------
    Including      57.00     72.00     15.00     1.33
    --------------------------------------------------
    Including      76.00     82.00      6.00     1.57
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    KKRC24          4.00     28.00     24.00     1.31
    --------------------------------------------------
      Including    14.00     21.00      7.00     3.20
    --------------------------------------------------
    AND            37.00     79.00     42.00     1.33
    --------------------------------------------------
      Including    38.00     46.00      8.00     3.07
    --------------------------------------------------
      Including    55.00     57.00      2.00     3.18
    --------------------------------------------------
      Including    72.00     77.00      5.00     2.06
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    KRD35           2.00     67.00     65.00     0.78
    --------------------------------------------------
      Including    11.00     22.00     11.00     1.78
    --------------------------------------------------
      Including    61.00     67.00      6.00     2.03
    --------------------------------------------------
    AND           113.00    129.00     16.00     1.31
    --------------------------------------------------
    AND           138.00    151.00     13.00     0.76
    --------------------------------------------------
      Including   138.00    141.00      3.00     2.13
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    KRD38          82.00     97.00     15.00     1.07
    --------------------------------------------------
      Including    91.00     97.00      6.00     2.07
    --------------------------------------------------
      And         120.10    137.00     16.90     0.82
    --------------------------------------------------
      Including   122.00    125.80      3.80     1.68
    --------------------------------------------------
      Including   129.00    132.00      3.00     1.45
    --------------------------------------------------
    AND           143.00    225.10     82.10     2.27
    --------------------------------------------------
      Including   151.00    154.00      3.00     1.76
    --------------------------------------------------

                                                         Includes a
      Including   157.00    169.00     12.00     1.43    value cut to
    --------------------------------------------------   100g/t
                                                         for sample from
      Including   183.00    189.00      6.00     1.90    176 - 177m
    --------------------------------------------------
                                                         Halted in
      Including   200.00    221.50     21.50     1.43    mineralization
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    KRD40          42.10     50.10      8.00     1.19
    --------------------------------------------------
    AND            64.00    109.00     45.00     0.86
    --------------------------------------------------
      Including    65.00     75.00     10.00     1.46
    --------------------------------------------------
      Including    82.00     87.00      5.00     1.40
    --------------------------------------------------
      Including    90.00     93.00      3.00     1.37
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    KKRC22          0.00     14.00     14.00     2.38
    --------------------------------------------------
    AND            60.00     81.00     21.00     0.99
    --------------------------------------------------
      Including    61.00     69.00      8.00     1.26
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    KKRC23          0.00      8.00      8.00     2.28
    --------------------------------------------------
      Including     4.00      8.00      4.00     4.23
    --------------------------------------------------
    AND            44.00     47.00      3.00     1.46
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    KDH36           0.00     26.00     26.00     1.26
    --------------------------------------------------
      Including     4.00      8.10      4.10     2.73
    --------------------------------------------------
    AND            52.00     64.00     12.00     0.52
    --------------------------------------------------
    AND           106.00    148.50     42.50     1.57
    --------------------------------------------------
      Including   106.00    115.00      9.00     3.67
    --------------------------------------------------
      Including   119.00    131.00     12.00     1.44
    --------------------------------------------------
      Including   135.00    139.00      4.00     2.72
    --------------------------------------------------
    AND           158.00    176.00     18.00     0.63
    --------------------------------------------------
      Including   160.00    163.00      3.00     1.01
    --------------------------------------------------
    And           191.00    224.00     33.00     1.11
    --------------------------------------------------
      Including   205.00    211.00      6.00     3.72
    --------------------------------------------------
    AND           243.00    246.00      3.00     1.33
    --------------------------------------------------
                                                         Halted in
    AND           262.00    264.45      2.45     7.41    mineralization
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    KDH37          18.00     23.00      5.00     1.64
    --------------------------------------------------
    AND            50.10     76.00     25.90     0.76
    --------------------------------------------------
      Including    69.00     72.00      3.00     2.73
    --------------------------------------------------
    AND           142.00    212.35     70.35     1.10
    --------------------------------------------------
      Including   152.00    171.20     19.20     1.33
    --------------------------------------------------
      Including   174.65    185.00     10.35     1.46
    --------------------------------------------------
      Including   188.00    200.00     12.00     1.55
    --------------------------------------------------
      Including   208.40    212.35      3.95     1.43
    --------------------------------------------------
    AND           220.50    271.25     50.75     0.53
    --------------------------------------------------
      Including   251.80    256.00      4.20     1.02
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------

    NOTES:
    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 of 5m for the lower grade mineralization envelope.
    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.
    4)  No top cut has been applied, except for one value in drill hole
        KRD38 cut to 100 g/t Au for sample from 176-177m.
    5)  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 also represent sections drilled by reverse
        circulation (RC) and/or cored drilling (see table 2).
    6)  The Reverse Circulation (RC) portions of the drill holes were usually
        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 portions (DD) 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
        about every 20 in the RC portions of the drill holes 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.
    

Volta's current drill program will test 1,200m strike of the 2,800m long KMZ zone and 500m of the greater than 700m long KHZ zone. The program will infill and extend drilling such that the KMZ zone is drilled to 50m x 50m spacing from surface to 150m and 100m x 50m from 150m to 200m depth. On the narrower KHZ zone, drill spacing will be 50m x 50m from surface to 100m and 100m x 50m from 100m to 150m. The drill program has been optimized with input from SRK Consulting (UK) to ensure that the delivery of the independent resource consultant's NI 43-101 compliant resource is delivered before the end of June 2010.

    
    Table 2: Collar positions and downhole details from holes completed on
    Section 5400N
    -------------------------------------------------------------------------
    Hole ID   Easting     Northing     Ele-    Total Dip  Azi-   RC      DD
                                     vation    Depth      muth
                                       (m)      (m) (deg)(deg)   (m)     (m)
    -------------------------------------------------------------------------
    KKRC21  739,422.25  1,289,412.38  268.24  100.00 -55  135  100.00   0.00
    -------------------------------------------------------------------------
    KKRC22  739,457.49  1,289,375.35  265.70  105.00 -55  135  105.00   0.00
    -------------------------------------------------------------------------
    KKRC23  739,275.37  1,289,559.66  270.77   95.00 -55  135   95.00   0.00
    -------------------------------------------------------------------------
    KKRC24  739,214.56  1,289,619.88  265.92  100.00 -57  135  100.00   0.00
    -------------------------------------------------------------------------
    KRD35   739,388.34  1,289,446.19  269.75  155.15 -57  315   66.00  89.15
    -------------------------------------------------------------------------
    KDH36   739,424.47  1,289,408.55  267.35  265.00  58  315    0.00 265.00
    -------------------------------------------------------------------------
    KDH37   739,316.59  1,289,517.93  264.44  290.00 -60  135    0.00 290.00
    -------------------------------------------------------------------------
    KRD38   739,351.50  1,289,483.00  268.36  225.10 -57  135   66.20 158.90
    -------------------------------------------------------------------------
    KRD40   739,386.88  1,289,447.63  267.96  160.20 -55  135   59.10 101.10
    -------------------------------------------------------------------------
    

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 committed to West African exploration and is Canadian-based with its head office in Toronto, Ontario and operations offices in Accra, Ghana and Ouagadougou, Burkina Faso.

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 Figure 1 and 2, please visit:

http://files.newswire.ca/407/VoltaResourcesInc.Fig.doc

Figure 1: Plan showing the location of the holes on Section 5400N at Kiaka.

Figure 2: Section 5400N showing significant intersections.

%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

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