Volta Commences RC Drilling Program to Follow up New Cu-Au Porphyry Targets at its Gaoua Project in Burkina Faso

By Volta Resources Inc., PRNE
Sunday, November 29, 2009

TORONTO, Canada, November 30 - TSX: VTR

Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announced
today that it has commenced a 28 hole reverse circulation ("RC") drilling
program for a total of approximately 2,900 metres on its 100% owned Gaoua
Project in southern Burkina Faso, West Africa (See Figure 1). This follows
positive geochemical auger drilling results at the Boussera prospect and
extensions to the Gongondy copper-gold porphyry deposit. The drill rig,
from Volta's Kampti III property, where drilling has recently been
completed on Target Zone B on the Maména-Fofora prospect has been deployed
directly to Gaoua.

The current program will follow up recent positive geochemical auger
results (See Volta news release dated September 28, 2009). These include (
see Figure 2):

         1. A fourth copper-gold porphyry target, uncovered beneath
            transported alluvium and lateritic regolith, in the 6 kilometer
            gap between the Gongondy and Dienemera deposits. The nature of
            the geochemical auger anomaly at Boussera is similar to that
            encountered at the two copper-gold porphyry deposits where a
            maiden NI43-101 compliant resource (see below) has been
            estimated for the Gaoua project.
         2  A 300 metre southerly extension of the Gongondy copper-gold
            deposit.
         3. Copper-gold mineralization encountered to the west of the post-
            mineral gabbro intrusive at Gongondy, where the strike length
            is sufficient to potentially double the size of the Gongondy
            resource.
         4. A 250 metre to 400 metre wide relatively gold-rich halo
            ((greater than)0.1g/t to a maximum of 1.9g/t) even further west
            of the copper-gold mineralization at Gongondy.

Vic King, Volta's COO, said, "Additional success from this round of
drilling will increase our confidence in growing the overall resource at
Gaoua. It will also support the further potential yet to be defined along
Volta's extensive 35 kilometer porphyry corridor. To this end auger
drilling is continuing to define extensions to the Dienemera deposit and
the Mont Biri prospect".

On February 5, 2009, the Company announced an independent NI 43-101
compliant inferred resource estimate for the Gongondy and Dienemera
deposits on the Gaoua project (See Volta press release dated February 5
2009). The resource estimate was calculated by SRK Consulting (UK) Ltd. At
a 0.45% copper equivalent cut-off grade, the Dienemera and Gongondy
deposits host an initial Inferred Resource of 82,600,000 tonnes grading 0.
40% copper and 0.40 g/t gold for a total of 724,880,000 lbs of copper and
1,072,900 ounces of gold. The individual resource estimate for each deposit
is provided in the table below. Copper Equivalent ("CuEQ") has been
calculated from assumed revenues of USD 3,000 per tonne of copper and USD
700
per ounce of gold with metallurgical recovery assumed to be 85% and 70%
respectively based on initial QEMSCAN results. Gold grade has been
multiplied by 0.6 and added to the copper grade to provide CuEQ grade. The
cut off grade further assumes typical costs of USD 2 per tonne for mining
and USD 10 per tonne for processing and general administration costs.

     ------------------------------------------------------------------
              Cut-off
               Grade   Tonnage      Copper            Gold
              ---------------------------------------------------------
     DEPOSIT  (CuEQ %) (tonnes)     %     lbs         g/t    Oz
     ------------------------------------------------------------------
     Dienemera  0.45   23,000,000   0.50  255,075,000 0.21    155,300
     ------------------------------------------------------------------
     Gongondy   0.45   59,600,000   0.36  469,805,000 0.48    917,600
     ------------------------------------------------------------------
     TOTAL      0.45   82,600,000   0.40  724,880,000 0.40  1,072,900
     ------------------------------------------------------------------ 

     -----------------------------------
                Copper Equivalent
               -------------------------
     DEPOSIT     %      lbs
     -----------------------------------
     Dienemera   0.63    319,009,000
     -----------------------------------
     Gongondy    0.65    847,236,000
     -----------------------------------
     TOTAL       0.64  1,166,245,000
     -----------------------------------

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 Figures 1 and 2, please go to:

files.newswire.ca/407/Volta_Nov30.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-(416)-867-2299, 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-(416)-867-2299, Fax: +1-(416)-867-2298, Email: kbullock at voltaresources.com/

Discussion
February 20, 2010: 7:10 am

We Jcr wish to bring your focus. That Jcr into manufacture and exporters of Reverse Circulation Rigs, Dth Rigs, Refurbished Rigs, Tractor Mounted Rigs, Wagon drill rigs, Dth hammers and Bits Etc.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :