Gold Exploration in West Africa

[FL]

Volta (VTR.TO) hits Gold in Nassara, Burkina Faso

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-

See: http://www.voltaresources.com/s/NewsReleases.asp?ReportID=414259&_Type=News-Releases&_Title=Volta-Hits-More-Gold-at-its-Nassara-Gold-Prospect-in-Southwestern-Burkina-F...

Toronto, ON - August 12th, 2010 - 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 #1). The ore shoots dip 45-60° 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."