Volta Commences RC Drilling Program to Follow up High Grade Targets at Volta's Kampti Gold Project in Burkina Faso

TORONTO, November 17 - Volta Resources Inc. ("Volta" or the "Company")
(TSX:VTR) announced today that it has commenced a 9 hole reverse circulation
("RC") and diamond drilling program for a total 750 metres on the
Maména-Fofora prospect at its 100% owned Kampti III property in southern
Burkina Faso, West Africa. This drilling program is part of a campaign of
more than 4,000 metres (+40 holes) planned to be completed on the Kampti gold
project, the Nassara gold target and a number copper-gold porphyry targets on
the Gaoua project.

The drilling planned at Maména-Fofora follows an auger drilling program
that successfully improved the definition and extended the significant
mineralization intersected at Target Zone B in the previous RC drilling
program announced by the Company on June 24, 2009. Target Zone B is one of 3
target zones within a 1.5 kilometer radius that have been drill tested so
far.

Vic King, Volta's COO, said, "We are eager to pursue the promising
results from the recently completed auger drilling program at Kampti. Volta
has extended the identified strike length of Target Zone B at Maména-Fofora
to approximately 1,200 metres. The current drilling program is designed to
infill the existing drill pattern in order to better define the plunge and
continuity of the high grade mineralization, as well as extend the RC drilled
strike length from 300 metres to over 500 metres. The improved understanding
of the geometry of the mineralization gained during the current program at
Target Zone B will allow Volta to follow up other existing targets at
Maména-Fofora and elsewhere on the Kampti III property more efficiently".

Highlights from drilling undertaken thus far on Target Zone B at the
Maména-Fofora prospect included intersections of 41m @ 3.23g/t gold
("Au"), 5m @ 6.84g/t Au, 6m @ 4.28g/t Au, 8m @ 11.80g/t Au and 12m
@ 6.72g/t Au (see Figure 1). The widths quoted here and indicated in Figure 1
are downhole lengths as true widths are not known at this stage.
Intersections are based on a 0.25 g/t Au cut-off with no top cut applied.
Internal dilution (less than 0.25 g/t Au) has been carried to a maximum
internal dilution of 4 metres. Dry RC samples were riffle split to provide
2kg samples which were analyzed by ALS Chemex in Ouagadougou by fire assay
on a 50g charge. All analyses complied with Volta's QAQC procedures which
includes the insertion of certified standards and blanks.

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 committed to West African exploration and is
Canadian-based with its head office in Toronto, Ontario and operations
offices in Accra, Ghana and Ouagadougou, Burkina Faso.

To view Figure No.1, please visit:

files.newswire.ca/407/Volta_Nov17_Figure1.doc

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.

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

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