Volta announces NI 43-101 resource estimate at Gaoua 724,880,000 lbs of copper and 1,072,900 ounces of gold inferred

Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) has completed a NI 43-101 compliant resource estimate at its Gaoua copper-gold porphyry project in southern Burkina Faso, West Africa. At a 0.45% copper equivalent cut-off grade, the Dienemera and Gongondy deposits host an initial Inferred Resource of 82,600,000 tonnes grading 0.40% copper and 0.40 g/t gold for a total of 724,880,000 lbs of copper and 1,072,900 ounces of gold.

The mineral resource estimate was prepared by SRK Consulting (UK) Ltd. based on over 26,661 metres of diamond drilling in 92 holes and 1,305 metres in 15 reverse circulation holes ("RC").

The mineral resource estimate follows the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) definitions standards for mineral resources and reserves, and has been completed in accordance with the standards of disclosure for mineral projects as defined by National Instrument 43-101.

"We are extremely pleased with the initial resource defined at Dienemera and Gongondy," says Kevin Bullock, Volta's President and CEO. "We are confident that the geological models derived from the diamond drilling carried out to date are robust, providing a solid basis for understanding the nature, geometry and orientation of the mineralization. The potential for additional resources are strong as both deposits remain open at depth and along strike."

A breakdown of the tonnage and grade, at various cut-offs, for the two deposits are presented below.

Please click on the link below to view the table:

http://files.newswire.ca/407/Volta_Gaoua_Estimate.doc

SRK have constrained the resource in optimized open pits based on reasonable technical and economic parameters which they consider to have reasonable prospects for eventual economic extraction. The table above summarises the in-situ Mineral Resource stated at a 0.45% Copper Equivalent (CuEQ) cut-off grade within the defined mineralisation models. CuEQ has been calculated from assumed revenues of US$3,000/t copper and US$700/oz gold with metallurgical recovery assumed to be 85% and 70% respectively. Gold grade has been multiplied by 0.6 and added to the copper grade to provide a CuEQ grade. The cut-off grade further assumes typical costs of US$2/t for mining and US$10/t for processing and general administration costs. The NI 43-101 technical report will be posted on the company's website as well as SEDAR within 45 days.

The 687.5 km(2) Gaoua project area includes a 35 kilometer long anomalous porphyry trend, clearly defined during a high definition airborne geophysical survey completed late last year and it is along this trend that the Dienemera and Gongondy deposits reside (See Figure No. 1). The deposits outcrop approximately 7 kilometres apart and exhibit similar distinctive geophysical signatures. Similar signatures along the corridor indicate that potential exists for additional deposits that are under transported cover between Gongondy and Dienemera and along the greater 35 kilometer strike extent. There is therefore potential to extend the current resources and significantly enhance the overall potential of the Gaoua copper-gold project.

Based on these findings, Volta will shortly commence detailed geochemical auger drilling between the Dienemera and Gongondy deposits where regolith, comprising transported laterite and alluvium, may have masked the geochemical response produced by traditional soil sampling programs. Volta will also continue to explore the western side of the post-mineralized gabbro at the Gongondy deposit with further RC drilling.

Please click on the link below to view Figure No. 1:

http://files.newswire.ca/407/Volta_Gaoua_Estimate.doc

Under the guidelines of National Instrument 43-101, the qualified person for the Gaoua copper-gold project is Mr. Guy Franceschi, Vice President, Exploration for the Company. 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 focused on becoming the 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. The Company currently has $5.5 million in cash and marketable securities with a quoted market value of approximately $3.0 million for a total of $8.5 million. There are 53.2 million common shares issued and outstanding.

<< The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy 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.

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SOURCE: Volta Resources Inc.

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: This email address is being protected from spambots. You need JavaScript enabled to view it.; Investor Relations: Vancouver: Farah Alibhai, Tel: (604) 731-7340, Email: This email address is being protected from spambots. You need JavaScript enabled to view it.