Volta Resources Intersects 191 Meters At 1.31 G/T Gold At Its Kiaka Gold Project In Burkina Faso (incl. pictures)

Monday, 08 February 2010 10:25

Volta Resources Inc. (TSX: VTR) announced 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, 36 holes (~5,400 meters) have been completed of a program comprising more than 150 holes (>22,000 meters). So far results have been received for 14 holes, with this news release covering the latest 9 holes, which are all located on Section 5300N. The highlights from this section include:

KRD32 : 117.0m @ 1.15g/t Au, including 10.50m @ 2.79g/t Au
KRD32 : 6.7m @ 4.16g/t Au
KRD33 : 191.0m @ 1.31g/t Au, including 19.00m @ 2.55g/t Au
KRD33 : 2.8m @ 8.06g/t Au
KDH34 : 95.15m @ 1.06g/t Au, including 11.00m @ 2.34g/t Au
KDH28 : 20.06m @ 1.74g/t Au
KDH28 : 98.00m @ 1.04g/t Au, including 17.85m @ 2.87g/t Au
KDH28 : 33.00m @ 1.35g/t Au
KDH29 : 93.00m @ 1.59g/t Au, Including 57.00m @ 2.05g/t Au
KDH29 : 82.00m @ 1.04g/t Au, including 12.00m @ 1.59g/t Au
KDH29 : 42.45m @ 2.07g/t Au, including 2.00m @ 31.16g/t Au
KKRC15 : 13.0m @ 1.88g/t Au, including 3.00m @ 6.62g/t Au
KKRC15 : 9.0m @ 6.09g/t Au, including 3.00m @ 17.59g/t Au

Kevin Bullock, Volta's CEO, said, "This section has produced the best results yet at our Kiaka Gold Project. The pattern of impressive widths of mineralization, including higher grade intersections, continues. We look forward to reporting the results for the next section as soon as they are received from the laboratories."

In order to appreciate the extent and geometry of the mineralization on the 5300N section, the results for the intersections for these holes are highlighted in Table1 below and on the section in figure 2. Analyses of the Volta samples were undertaken by fire assay on a 50g charge at ALS Chemex Laboratories in Ouagadougou. Volta's sampling and assay procedures included QA/QC elements that employed the inclusion of certified standards and blanks.

Table 1: Highlights of gold intersections from Section 5300N

Hole ID	From	To	Interval	Grade
	m	m	m	g/t Au
KRD32	13.00	130.00	117.00	1.15
including	19.00	30.00	11.00	1.34
including	33.00	49.00	16.00	1.25
including	55.00	72.00	17.00	2.08
including	78.00	89.00	11.00	1.79
including	92.00	111.00	19.00	1.13
AND	143.50	154.00	10.50
including	147.30	154.00	6.70	4.16
KKRC12	61.00	100.00	39.00	1.23
including	71.00	85.00	14.00	1.74
including	89.00	94.00	5.00	2.02
including	97.00	100.00	3.00	1.58
KKRC13	1.00	19.00	18.00	1.36
including	11.00	18.00	7.00	2.59
RD33	0.00	191.00	191.00	1.31
including	3.00	7.00	4.00	16.10
including	11.00	20.00	9.00	1.68
including	30.00	33.00	3.00	1.55
including	70.00	92.00	22.00	1.14
including	116.00	135.00	19.00	2.55
including	152.00	160.00	8.00	1.47
including	167.00	174.00	7.00	1.42
AND	213.00	230.65	17.65	1.06
including	213.00	223.00	10.00	1.22
including	219.00	223.00	4.00	1.97
AND	239.25	242.00	2.75	8.06
KKRC15	2.00	15.00	13.00	1.88
including	6.00	9.00	3.00	6.62
AND	41.00	50.00	9.00	6.09
including	41.00	44.00	3.00	17.59


KDH34	0.00	12.00	12.00	1.47
AND	22.00	117.15	95.15	1.06
including	28.00	39.00	11.00	2.34
including	42.00	51.00	9.00	1.14
including	54.00	62.00	8.00	1.13
including	65.00	70.00	5.00	1.21
including	75.00	86.00	11.00	1.11
including	90.00	100.00	10.00	1.98
AND	126.00	160.00	34.00	0.79
including	134.00	140.00	6.00	2.15
KDH29	5.50	20.00	14.50	0.84
including	10.50	18.00	7.50	1.31
AND	28.75	72.00	43.25	0.44
including	40.00	45.00	5.00	1.60
AND	78.00	171.00	93.00	1.59
including	78.00	135.00	57.00	2.05
AND	177.00	259.00	82.00	1.04
including	206.00	217.00	11.00
including	238.00	242.00	4.00	3.84
including	247.00	259.00	12.00	1.59
AND	265.00	273.70	8.70	0.80
AND	277.55	320.00	42.45	2.07
including	317.00	319.00	2.00	31.16
KDH28	29.50	50.00	20.50	0.47
AND	57.00	77.06	20.06	1.74
AND	86.00	184.00	98.00	1.04
including	101.00	105.00	4.00	1.46
including	116.70	128.60	11.90	1.01
including	132.15	150.00	17.85	2.87
including	137.25	142.15	4.90	1.95
including	145.00	150.00	5.00	7.33
AND	194.00	227.00	33.00	1.35
including	197.00	227.00	30.00	1.44
AND	258.60	282.00	23.40	0.67
including	263.00	269.00	6.00	1.08

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 (increased to 6m for KDH03 and KRD30).
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. No top cut has been applied.
4) 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 RC portions of the drill holes were 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 portion 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 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.
9) due to technical problems with the drill rig, core losses were noticed in hole KDH 28 at the following intervals 31.44-31.90m and 141.25-141.39m.These intervals have been attributed an assay value of zero g/t Au in the calculations of the mineralized intercepts as highlighted in table 1.

Volta's current drill program will test 1,200m strike of the 2,800m long KMZ zone and 500m of the >70m 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.

Volta has also commissioned SRK Consulting (UK) to undertake Social and Environmental Scan in order to begin collecting baseline data as well as to identify the key issues in this sphere that will need to be addressed during the prefeasibility stage, which is expected to commence in the latter half of 2010. In addition, SGS Lakefield (Johannesburg) have been engaged to begin additional metallurgical test work to provide a more informed basis for the extensive metallurgical testing that will be required during the prefeasibility stage.
TABLE 2: Borehole collar coordinates and orientation parameters.

Hole ID	Easting	Northing	Elevation (m)	Total depth (m)	Dip (degrees)	Azimuth (degrees)	RC (m)	DD (m)
KDH28	739245	1289447	270	299.07	-55	135	-	299.07
KDH29	739381	1289310	269	321.00	-55	315	-	321.00
KDH34	739316	1289377	267	165.10	-55	135	-	165.10
KKRC12	739351	1289341	267	100.00	-56	135	100.00	-
KKRC13	739402	1289290	266	66.00	-57	135	66.00	-
KKRC14	739148	1289544	274	80.00	-57	135	80.00	-
KKRC15	739208	1289484	270	80.00	-55	135	80.00	-
KRD32	739325	1289368	268	165.15	-56	315	54.00	111.15
KRD33	739280	1289412	268	245.25	-56	135	60.00	185.25