Volta Commences Drilling Program to Follow-Up High-Grade Gold Targets at its Nassara Prospect, Gaoua Project, in Burkina Faso

TORONTO, June 16, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces that
it has commenced a combined reverse circulation ("RC") and diamond drilling
("DD") program for a total of approximately 3,500 metres at its Nassara
prospect on the Danyoro permit, which forms part of the 100% owned Gaoua
Project in southern Burkina Faso, West Africa. The current program will
follow up the positive scout drilling results obtained in January 2010 (see
News Release of 28 January 2010) and the results from the recent trenching
carried out over the target.

Since the release of the scout drilling results, an additional 8 trenches
(NTR6 to NTR15) totaling 1354.8m have been excavated over the prospect
intersecting the gold-in-soil anomaly, at regular intervals, over a strike
length of more than 3,000m. In addition, previously reported trenches NTR1
and NTR3 have been extended as to better understand the geometry of the
mineralization. Highlights of the latest trenching campaign include:

- NTR9: 25.0m (at) 1.95g/t Au, including 10.0m (at) 3.93g/t Au

- NTR10: 16.0m (at) 1.38g/t Au, including 11.0m (at) 1.85g/t Au

- NTR 8: 4.0m (at) 1.89g/t Au

The current drilling program will test the area over some 2,000m of
strike from about 100m northwest of trench NTR10 to about 300m southeast of
trench NTR9 (see figure 1).

Kevin Bullock, Volta's President and CEO, said, "This is the first major
drill campaign at our highly prospective Nassara Project. Our initial work
has enabled us to select targets that we feel will further illuminate the
potential at Nassara. Along with our advanced Kiaka Project, Nassara offers
the type of opportunity that demonstrates why Burkina Faso is becoming a very
exciting gold region in West Africa."

Results for the trenches are highlighted in Table 1 below and in Figure
1. 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: Trench highlights
    --------------------------

    -------------------------------------------------------------------------
    TRENCH                           MIN       Au          COMMENTS
      ID          FROM       TO    INTERVAL   GRADE
                 ----------------------------------
                   (m)      (m)      (m)      (g/t)
    -------------------------------------------------------------------------
    NTR1          22.00    25.50     3.50     0.23   Extension , January 2010
                 ----------------------------------
                  41.00    57.00    16.00     0.58
                 ----------------------------------
    AND          110.00   154.00    44.00     1.82   Previously reported
                                                     trench
                 ----------------------------------
     Including   116.50   137.00    20.50     3.56
    -------------------------------------------------------------------------
    NTR2          12.00    15.00     3.00     2.04   Previously reported
                                                     trench
                 ----------------------------------
    AND           48.00    55.00     7.00     0.33   15 - 17m not sampled -
                                                     artisanal workings
    -------------------------------------------------------------------------
    NTR3          24.00    28.00     4.00     0.58   Extension , January 2010
                 ----------------------------------
    AND           57.00    64.00     7.00     0.36   Previously reported
                                                     interval/trench
    -------------------------------------------------------------------------
    NTR4             85    97.00    12.00     1.31   Previously reported
                                                     interval/trench
                 ----------------------------------
    Including        93    97.00     4.00     2.28
    -------------------------------------------------------------------------
    NTR5          59.00    68.00     9.00     1.01   Previously reported
                                                     interval/trench
                 ----------------------------------
     Including       61    66.00     5.00     1.32
    -------------------------------------------------------------------------
    NTR6          91.00    93.00     2.00     1.04   January 2010
    -------------------------------------------------------------------------
    NTR8          31.00    40.00     9.00     0.37
                 ----------------------------------
    AND          103.00   107.00     4.00     1.89   February-April 2010
                 ----------------------------------  campaign
     Including   103.00   106.00     3.00     2.43
    -------------------------------------------------------------------------
    NTR9           4.00    29.00    25.00     1.95
                 ----------------------------------
     Including     6.00     8.00     2.00     2.64
                 ----------------------------------
     Including    13.00    23.00    10.00     3.93
                 ----------------------------------
    AND           45.00    55.00    10.00     0.48   February-April 2010
                                                     campaign
                 ----------------------------------
     Including    51.00    53.00     2.00     1.42
    -------------------------------------------------------------------------
    NTR10         60.00    76.00    16.00     1.38   February-April 2010
                                                     campaign
                 ----------------------------------
     Including    60.00    71.00    11.00     1.85
    -------------------------------------------------------------------------
    NTR12         97.00   103.00     6.00     0.15   February-April 2010
                                                     campaign
    -------------------------------------------------------------------------
    NTR13        111.00   116.00     5.00     0.49   February-April 2010
                                                     campaign
    -------------------------------------------------------------------------
    NTR14         65.00    68.00     3.00     0.55   February-April 2010
                                                     campaign
    -------------------------------------------------------------------------
    NTR15        134.00   138.00     4.00     0.21   February-April 2010
                                                     campaign
    -------------------------------------------------------------------------

    NOTES:
    1) Intersections are based on a 0.2 g/t Au cut-off with no top cut
    applied. Internal dilution (less than 0.2 g/t Au) has been applied to a
    maximum of 2m, except for the mineralized interval of 44m in NTR1 and for
    the mineralized interval of 9m in NTR 8, where dilution has been carried
    to 3m.The true width is not known.
    2) Dry samples were collected at 0.5 to 1m intervals. These were riffle-
    split to provide 2 kg samples sent to the laboratory. Wet samples were
    dried in the field and similarly riffle-split.
    3) Samples were sent to ALS Chemex in Ouagadougou for standard
    preparation followed by Fire Assay on a 50g charge.
    4) Standards were inserted every 15 samples, blanks every 30 samples and
    field duplicates about every 20 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.

The Nassara prospect is located in the southwestern corner of the
Danyoro permit, one of the three contiguous permits held by Volta, which
together comprise the Gaoua Project. The prospect was initially identified
during soil geochemical surveys, where extensive gold-in-soil anomalism over
more than 4 kilometers was found to be coincident with a distinctive
northwest striking airborne magnetic lineament (see News Release of 15
September, 2009). A ground magnetic survey and a gradient array induced
polarization survey ("IP"), carried out in 2010, have also clearly outlined
the target (see Figure 1).

The soil geochemical grid has recently been extended to the north and
south to cover the full 10 kilometers of strike highlighted by an airborne
magnetic lineament. This soil survey indicates further extension of the
anomalism in both directions. The company currently continues to trench
several other low-lying "whaleback" ridges along strike that appear to be
coincident with similarly enhanced gold anomalism.

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

Volta is a mineral exploration company primarily focused on becoming a
leader in the identification, acquisition and exploration of gold properties
in West Africa. The Company is currently fast-tracking its flagship Kiaka
Gold Project, located in Burkina Faso, towards a development decision.

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.

Figure 1: files.newswire.ca/407/Volta.doc

———

For further information: please refer to our website
www.voltaresources.com or contact Kevin Bullock, P.Eng., President &
CEO, Tel: +1-647-388-1842, Fax: +1-416-867-2298, Email:
kbullock@voltaresources.com; Andreas Curkovic, Investor Relations,
+1-416-577-9927

For further information: please refer to our website www.voltaresources.com or contact Kevin Bullock, P.Eng., President & CEO, Tel: +1-647-388-1842, Fax: +1-416-867-2298, Email: kbullock at voltaresources.com; Andreas Curkovic, Investor Relations, +1-416-577-9927