Kiaka Gold

completed

Volta Resources Inc. (“Volta”, or the “Company”) is a junior mining company focused on gold exploration activities in Burkina Faso, Ghana and Mali. The Company is headquartered in Toronto and listed on the Toronto Stock Exchange. The Company has a fully diluted market capitalization of approximately CAD83 million (~$80 million). Volta has several exploration properties in Burkina Faso, Ghana and Mali, but its key focus is its recently-acquired, advanced exploration Kiaka gold project, located in southern central Burkina Faso. Kiaka is located on the highly prospective Birimian greenstone belt, which hosts numerous large gold deposits. Kiaka has a historic gold resource calculated by Randgold (the previous owner of the Kiaka gold project) of 2.65 million oz at a grade of 1.01 g/tonne, which was disclosed in Randgold’s 2008 annual report (note that the resource estimate is not NI 43-101 compliant and, as such, caution should be applied when using it). Volta is seeking an equity investment from IFC, which will help the Company develop a bankable feasibility study as it transitions from an exploration company into a developer. IFC’s engagement will also help Volta develop in line with industry best practices in environmental and social sustainability. In line with similar previous investments, this Environmental and Social Review Summary covers Volta’s activities as an exploration company.