Volta Resources acquires two new gold exploration permits in Burkina Faso, West Africa

Wed Jun 11, 12:16 PM

TORONTO, June 11 /CNW/ - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR.TO) is pleased to announce that its wholly-owned subsidiary, Wentworth Gold SARL, has been granted two (2) new exclusive exploration permits in Burkina Faso (see Figure 1 below) known as the Barga II and Dahisma permits.

The Barga II permit covers 114 km(2) and flanks the western boundaries of the Company's Titao I and Titao Sud group of properties. Cumulatively, the Titao gold project now covers 548 km(2) in three contiguous permits. The Titao gold project area occurs within an individual segment of the NNE trending Hounde Greenstone Belt, in the ENE inflection of the belt and near the junction with the Boromo-Goren belt. Recent mapping and reconnaissance surveys carried out over the area have shown that the Titao permits are underlain in their central part by volcanic and volcano-sedimentary formations, intruded by several plutons, and are traversed by a major NE trending shear zone (the "Djibo deformation zone"). The properties are host to numerous gold occurrences, many of which have been worked by artisanal miners. The gold occurrences occur preferentially along two main mineralization trends: ENE and N-S and have associated quartz vein populations. The NE and ENE trending shears, visible in ASTER (a satellite-borne imaging process) and airborne geophysical imagery, are dominant within the area. The granting of the Barga II permit will allow the Company to track the extent of the known mineralized structures further westward. An airborne magnetic and radiometric survey is planned to be completed by the end of July over the Titao area, including part of the Barga II permit.

The Dahisma property (123.5km(2)) is situated 90km northeast of Ouagadougou, in the Goren greenstone belt, close to the regional NNE trending Markoye fault. The Markoye fault is an important regional structure in West Africa which extends for several hundred kilometers and hosts associated subsidiary structures that are associated with abundant gold occurrences. The Goren greenstone belt is an emerging gold camp in Burkina Faso, with several deposits currently being developed and includes one operational mine, namely the Taparko gold mine (proven and probable reserves 8.6 Mt @ 3.0 g/t Au or 827,000 oz Au). The Dahisma property is underlain by volcanics and volcano-sediments which surround a granitic intrusive, occupying the southern part of the permit. A reconnaissance soil and rock chip sampling program is being planned.

Under the guidelines of National Instrument 43-101, the qualified person for the Gaoua project is Mr. Guy Franceschi, Vice President, Exploration of Volta. Mr. Franceschi is a member of the European Federation of Geologists and has reviewed and approved the contents of this news release.

Please click here to view map:

http://files.newswire.ca/407/Volta_BargaII_Dahisma.JPG

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.

Contacts

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