Volta Resources intersects 8 metres grading 12.34 g/t gold at its Kampti Gold Project, Burkina Faso, West Africa



    TSX: VTR

    TORONTO, June 18 /CNW/ - Volta Resources Inc. ("Volta" or the "Company")
(TSX:VTR) is pleased to announce results from its recently completed reverse
circulation ("RC") drilling program on its 100% owned Kampti III permit in
southernmost Burkina Faso, West Africa. A total of 38 holes, representing
2,502 metres ("m") of drilling, were drilled to depths of up to 110m, all at a
55 degree inclination to the west. Highlights from the drill program include
intersections of 8m at 12.34g/t gold ("Au"), 8m at 11.81g/t Au, 14m at 2.77g/t
Au and 5m at 5.21g/t Au (see Figure 1 -
http://files.newswire.ca/407/KamptiRCDrillResults.doc).
    The drill program focused mainly on Maména-Fofora (30 holes), an area of
intense artisanal gold mining activity in the northernmost portion of the
Kampti permit. In addition, a new artisanal gold site, to the west of
Maména-Fofora, known as Tiossera was also drill tested (8 holes).
    Several NNW-SSE trending mineralized structures that are being exploited
by the artisanal miners occur where the Company has defined coincident
chargeable and resistive zones during a gradient array induced polarization
("IP") survey. These structures were drill tested on several widely spaced
fences, comprising between 2 and 7 holes each, over an area of greater than
6km(2). Drilling confirms the widespread presence of gold mineralization along
the tested structures, with most holes encountering anomalous gold values and
intersecting one or more 1 meter intervals with at least 0.25 g/t Au.
Highlights of the results include:

    
    -------------------------------------------------------------------------
    RC HOLE     FROM   TO   INTERVAL   Au
      NB         (m)   (m)    (m)     (g/t)              REMARK
    -------------------------------------------------------------------------
    27           102   110         8  12.34  Halted in mineralization, open
                                             at depth
    -------------------------------------------------------------------------
    28            59    67         8  11.81
            -----------------------------------------------------------------
                  72    78         6   1.62
    -------------------------------------------------------------------------
    31             7    12         5   1.01
            -----------------------------------------------------------------
                  30    34         4   1.12
    -------------------------------------------------------------------------
    32            12    13         1   1.64
    -------------------------------------------------------------------------
    35            51    53         2   2.30
            -----------------------------------------------------------------
                  56    57         1   3.23
            -----------------------------------------------------------------
                  62    76        14   2.77  Halted in mineralization, open
                                             at depth
            -----------------------------------------------------------------
            INCL. 73    76         3   6.25  Halted in mineralization, open
                                             at depth
    -------------------------------------------------------------------------
    36             0    14        14   0.81
    -------------------------------------------------------------------------
    41            29    34         5   5.21
    -------------------------------------------------------------------------
    46            27    35         8   1.03
            -----------------------------------------------------------------
            INCL. 27    30         3   2.24
            -----------------------------------------------------------------
                  41    42         1   0.98
            -----------------------------------------------------------------
                  48    49         1   1.30
    -------------------------------------------------------------------------
    56            23    25         2   0.83
    -------------------------------------------------------------------------
    64            37    41         4   0.93
            -----------------------------------------------------------------
                  49    50         1   1.73
    -------------------------------------------------------------------------
    65            44    46         2   1.05
    -------------------------------------------------------------------------
    NOTES:
    1) Intervals are core length. True width is unknown at this time.
    2) Intersections are based on a 0.25 g/t Au cut-off with no top cut
       applied. Internal dilution (less than 0.25 g/t Au) has been carried to
       a maximum of 2m. The 0.25 g/t Au cut-off best expresses the lower-
       grade envelope in which the high-grade mineralized systems occur.
    3) The intersections listed in the table represent sections of at least
       2m in excess of 0.75g/t Au or 1m in excess of 1g/t Au.
    4) Dry 1m-interval 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.
    5) Samples were sent to ALS Chemex in Ouagadougou for standard
       preparation followed by Fire Assay on a 50g charge.
    6) Standards were inserted every 15 samples, field duplicates every 40
       and blanks every 50 samples. Laboratory repeat assays were undertaken
       on an approximate basis of 1 in 12 samples. The blanks, certified
       standards and check assays confirm that all assays used to compile the
       intersections quoted here have passed Volta's rigorous QA/QC checks.
    

    Drilling along the NNW-SSE-trending mineralized zones intersected a
series of meta-basalts and rhyolites with common quartz porphyry units. Here,
alteration and mineralization are expressed by abundant narrow quartz vein
arrays, sulphides, silicification and local kaolinization. Gold mineralization
seems to be directly correlated to the intensity of quartz veining, with a
number of parallel higher grade zones arranged en echelon within a broader
lower grade envelope. Interpretation of the drilling undertaken to date,
mapping and geophysics suggests that grades and widths of the mineralized
envelopes seem to be enhanced where the principal NNW-SSE structures are
intersected by NNE-SSW-trending cross-structures. This is illustrated by holes
RC28 and RC35 of the current campaign.
    The Company plans a follow-up RC drilling campaign aimed at defining and
assessing the extent and significance of the better mineralized intercepts
encountered, based on its developing geological model.
    The holes drilled at the new Tiossera artisanal gold camp confirmed the
presence of gold mineralization but the zone intersected to date is relatively
narrow.
    The Company also continues to systematically explore the rest of the
Kampti III permit. An IP gradient array survey comprising over 30km(2) was
recently completed over four geochemically anomalous areas on the Kampti III
permit. The survey has identified a new series of parallel NS to NNW trending
chargeable/resistive horizons as well as NNE-SSW trending features that have
been shown to be highly prospective at Maména-Fofora.
    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.

    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.

    The Toronto Stock Exchange does not accept responsibility for the
    adequacy or accuracy of this news release.

    %SEDAR: 00026749E




For further information:

For further information: please refer to our website
www.Voltaresources.com or contact: Kevin Bullock, P.Eng., President & CEO,
Tel: (416) 867-2299, Fax: (416) 867-2298, Email: kbullock@voltaresources.com;
Investor Relations: Vancouver, Farah Alibhai, Tel: (604) 731-7340, Email:
falibhai@voltaresources.com; Investor Relations: Toronto, Greg Taylor, Tel:
(905) 337-7673, Email: gtaylor@voltaresources.com

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