Volta Identifies Large Gold Anomalies at its Titao Gold Project in Burkina Faso, West Africa

TORONTO, April 29, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces that
a 874 hole (8,249 meters) scout geochemical auger drilling campaign has
identified several gold anomalies on the Company's wholly-owned Titao project
in northwestern Burkina Faso, West Africa (see Figure 1). Significantly, the
program has identified a large gold anomaly on the northernmost tested
target, Toulfe, where gold results for samples taken in saprolite, at the
base of the holes, regularly exceed 0.1g/t gold with peaks of 2.18g/t gold.

Kevin Bullock, Volta's CEO, said, "These results further enhance our
confidence and enthusiasm in the mineral potential of the Titao area. Based
on these results we will plan a next stage drilling campaign. These results
also underscore that in addition to our flagship Kiaka gold project, we have
a strong portfolio of other gold projects that we strongly believe have the
quality to host sizeable gold deposits and we will continue to systematically
test their potential."

The auger program was designed to test targets highlighted by processing
high resolution heli-borne geophysical data, supported by detailed ground
geological mapping. The auger holes were drilled on 25m centers and 200m line
spacing across five selected targets, respectively Toulfe, Yirvouatenga,
Samtaaba, Songotaba and Youkirba (see Figure 2). Samples of the saprolite
were sent to ALS Chemex Burkina S.A.R.L, Ouagadougou, Burkina Faso for
standard preparation (crushing, pulverization, splitting) and gold fire assay
on 50g charge. The accuracy of all the results was tested through the
systematic inclusion of Au standards and field blanks. The results for the
reported holes have passed the Company's rigorous QA/QC protocols.

Auger drilling is essential in the area, due to thick (locally
transported) laterite and extensive sandy soil cover, which has resulted in
muting or even masking the geochemical response usually provided by soil
sampling. All targets tested during the present campaign returned coherent
anomalous gold values, defining anomalies that remain open on strike. The
best results were obtained from the Toulfe prospect which is located in the
northernmost part of the Titao I permit, one of the three, 100%-owned
contiguous permits which constitute the Titao project. The auger program has
outlined a (greater than) 1,000 meter long gold anomaly at Toulfe, which is
coincident with a major shear zone along the contact of an interpreted
pluton. The auger anomaly is open to the north, south and west (see figure
3). The area is also a centre for some minor artisanal gold activity.

The auger program will continue at Titao after the rig has tested a
number of gold anomalies in the Company's Gaoua project area before the rainy
season renders access there difficult. Auger drilling is scheduled to resume
at Titao in September 2010 when the extension and enhancement of the
anomalies identified to date will be undertaken in order to advance to deeper
RC and/or diamond drilling.

Under the guidelines of National Instrument 43-101, the qualified person
for the Titao 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, towards a development decision.

To view Figures 1, 2, and 3, please visit
files.newswire.ca/407/Volta_Apr29.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; 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