Volta Continues to Report Wide Intersections at its Kiaka Gold Project in Burkina Faso

109.0 m @ 1.36 g/t Gold, Including 16.0m @ 3.69 g/t Gold

TORONTO, March 4, 2011 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces the
drill results from the next completed section from its on-going drilling
program comprising more than 250 holes for approximately 50,000 meters in the
Central Area at its Kiaka Gold Project in Burkina Faso (see News Release of
22 September 2010).

Results have been received for 5 holes located on Section 5475N,
respectively some 25m NE of previous released section 5450N (see News Release
of February 22nd). These holes are aimed at infilling the main deposit
defined so far in the Central Area to a 25m x 50m drill spacing and to extend
the drilling depth down a further 100 vertical meters. The highlights from
the section include:

    - KRD182 : 73.1m @ 0.90g/t Au, incl. 19.0m @ 2.24g/t Au

    - KDH184 : 93.9m @ 1.03g/t Au, incl. 18.0m @ 2.00g/t Au

    - KDH186 : 65.0m @ 1.11g/t Au, incl. 6.0m @ 2.57 g/t Au AND 11.0m @
      3.53g/t Au

    - KRD189 : 109.0m @ 1.36g/t Au, incl. 16.0m @ 3.69 g/t Au

    - KDH190 : 174.0m @ 0.86g/t Au, incl. 29.0m @ 1.76 g/t Au

Kevin Bullock, Volta's CEO, said, "At this point, after repeated and
consistent positive results, we are eager to advance Kiaka to the next stage
of its development. We have widened and lengthened the mineralized zones and
followed them deeper than ever before. We anticipate our updated NI 43-101
resource, due out by the end of June, will provide a foundation to accelerate
Kiaka's development path."

The holes on Section 5475N have extended the Kiaka Main Zone (KMZ)
mineralization to over 300m vertical depth. Results for the holes are
highlighted in Table 1 and in Figure 2. 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: Highlights of gold intersections for Section 5475N.

    BHID       FROM      TO   INTERVAL   Au g/t COMMENTS
    KRD182    46.00   131.00   85.00     0.80
      INCL    66.00    79.00   13.00     1.45
      INCL    83.95    87.00    3.05     1.62
      INCL    96.00   100.00    4.00     1.25
      INCL   109.80   121.00   11.20     1.23
    AND      147.00   223.00   76.00     0.69
      INCL   157.00   168.00   11.00     1.03
      INCL   173.00   189.00   16.00     1.09
      INCL   195.00   206.00   11.00     0.85
    AND      238.00   311.10   73.10     0.90
      INCL   243.00   262.00   19.00     2.24
      INCL   278.00   283.00    5.00     1.16
    KDH184     4.00    16.00   12.00     1.61
      INCL     4.00    15.00   11.00     1.69
    AND       21.20    26.20    5.00     1.24
    AND       98.10   192.00   93.90     1.03
      INCL   103.60   122.00   18.40     1.65
      INCL   127.00   145.00   18.00     2.00
    AND      219.00   239.00   20.00     0.99
      INCL   220.00   227.15    7.15     1.53
      INCL   231.00   236.00    5.00     1.11
    KDH186     2.50    78.00   75.50     0.94
      INCL    40.00    57.00   17.00     2.28
      INCL    63.00    66.00    3.00     1.34
    AND       84.00   100.00   16.00     0.61
      INCL    92.00    96.00    4.00     1.19
    AND      107.00   172.00   65.00     1.11
      INCL   110.00   116.00    6.00     2.57
      INCL   125.00   136.00   11.00     3.53   126.0-127.0 / 23.5g/t Au
    KRD189     0.00    70.30   70.30     1.39
      INCL     0.00    33.00   33.00     1.61    21.0-22.0m : 13.6g/t Au
      INCL    38.00    57.30   19.30     1.94
      INCL    99.00   102.00    3.00     1.12
      INCL   123.00   126.00    3.00     1.04
    AND      139.00   248.00  109.00     1.36
      INCL   139.00   165.60   26.60     1.79
      INCL   168.00   180.00   12.00     1.74
      INCL   204.00   207.00    3.00     1.24
      INCL   232.00   248.00   16.00     3.69  234.0-235.0m : 20.7g/t Au
    AND      264.80   275.00   10.20     0.52
    AND      304.70   344.70   40.00     1.01
      INCL   318.00   322.00    4.00     1.51
      INCL   333.00   340.00    7.00     2.41
    KDH190    47.00    76.00   29.00     0.54
      INCL    54.00    58.00    4.00     1.70
    AND      111.00   285.00  174.00     0.86
      INCL   139.00   148.40    9.40     1.79
      INCL   183.00   191.00    8.00     2.06
      INCL   206.00   235.00   29.00     1.76
      INCL   249.00   253.00    4.00     1.04
      INCL   258.00   261.00    3.00     1.50
      INCL   264.00   285.00   21.00     0.95
    AND      293.00   354.00   61.00     0.77
      INCL   301.00   311.00   10.00     1.01
      INCL   314.00   319.00    5.00     1.29
      INCL   328.00   331.00    3.00     1.34
      INCL   339.00   343.00    4.00     2.00
    AND      390.00   402.00   12.00     0.99
      INCL   391.00   394.00    3.00     1.69

Notes on Tables 1:

1) Intervals are core length. True width is unknown at this time.

2) Intersections are based on a 0.3 g/t gold cut-off with maximum
internal dilution (MID) of 5m for the lower grade mineralization envelop,
except for holes KRD182, KDH 184 and KDH 189 where it has been increased to
6m.

3) In order to highlight the continuity of the high grade zone, a 0.8 g/t
gold cut-off with maximum internal dilution of 2m has been used. No top cut
has been applied.

4) The intersections listed in the table represent sections
of at least 3m in excess of 1g/t Au and/or sections of at least 10m in excess
of 0.5g/t Au.

5) The intersections represent sections drilled by reverse
circulation (RC) and/or cored drilling (see Table 2).

6) The RC portions of the drill holes were sampled at 1m
intervals. Dry samples were riffle-split to provide 2 kg samples
sent to the laboratory. Wet samples were dried in the
field, then riffle-split in the same way. The cored portion of the drill
holes were sampled at one meter intervals and cut in half using a diamond
saw. Half-core is archived at the core storage facility on site while the
other half was sent to the laboratory.

7) Samples were sent to ALS Chemex in Ouagadougou for standard
preparation followed by Fire Assay on a 50g charge.

Certified standards were inserted every 15 samples, field duplicates
(in the RC portions) about every 20 and blanks about every 30 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.

TABLE 2: Borehole collar coordinates and orientation parameters for
Section 5475N.

    Hole ID Easting Northing Elevation Depth    Dip     Azimuth   RC     DD
                                (m)     (m)  (degrees) (degrees)  (m)   (m)
    KRD182  739405  1289527    269    321,28    -60       135    33,00 288,28
    KDH184  739437  1289496    268    241,00    -58       135      -   241,00
    KDH186  739473  1289461    267    190,00    -55       135      -   190,00
    KRD189  739508  1289427    266    345,00    -60       315    34,00 311,00
    KDH190  739365  1289566    269    415,00    -60       135      -   415,00

Under the guidelines of National Instrument 43-101, the qualified person
for the Kiaka Gold 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, toward 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.

To view Figure 1: Location of collars on Section 5475N, please visit:
files.newswire.ca/407/Volta_figure1.doc

To view Figure 2: Section 5475N at Kiaka Central Area, please visit:
files.newswire.ca/407/Volta_Figure2.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

    or

    Andreas Curkovic, Investor Relations
    +1-416-577-9927

Kevin Bullock, P.Eng., President & CEO, Tel: +1(647)388-1842, Fax: +1(416)867-2298, Email: kbullock at voltaresources.com ; or Andreas Curkovic, Investor Relations, +1-416-577-9927