Kiaka Gold

completed

Volta Resources (“Volta” or “Company”) is an advanced mineral exploration company with exploration properties in Burkina Faso, Ghana and Mali. 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. It 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 help Volta develop in line with industry best practices in environmental and social sustainability.