Volta Reports Additional Positive Drill Results From its Kiaka Gold Project in Burkina Faso

Volta intersects 42.7m (at) 1.21g/t on the KMZ Zone at Kiaka

TORONTO, January 19 - TSX: VTR

Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announced
today the drill results from the next completed section at its Kiaka Gold
Project, located approximately 120 kilometres southeast of Ouagadougou, the
capital city of Burkina Faso. The company commenced an aggressive drilling
program comprising more than 150 holes for more than 22,000 metres on
November 22nd, 2009 (see Figure 1,
files.newswire.ca/407/VoltaRes_Kiaka.rtf). Volta intends to complete
the program by the end of April 2010 and to finalize a National Instrument
43-101 ("NI43-101") compliant resource before the end of June 2010. To date,
17 holes have been completed, with results already received for the first 5
holes.

The highlights from the results for the most recently completed 2 holes,
which were drilled on Section 5350N, have been received from ALS Chemex
Laboratories in Ouagadougou. They include:

    -   KRD30       from 0.00 to 56.30m        -  56.30m (at) 0.73 g/t gold
           -  Including                        -   8.00m (at) 1.26 g/t gold
    -   And         from 86.30 to 129.99m      -  42.70m (at) 1.21 g/t gold
           -  Including                        -  25.70m (at) 1.71 g/t gold
    -   KRD31       from 53.00 to 90.00m       -  36.70m (at) 1.32 g/t gold
           -  Including                        -  14.00m (at) 2.31 g/t gold

Vic King, Volta's COO, said, "We are excited that these new results
continue the success established by the first holes. Our infill drilling
continues to intersect wide mineralization at the KMZ zone confirming
previous results defined by Randgold on the same section in holes KDH03 and
KDH15. More importantly, the higher grade zones defined in the cross section
100m to the southwest can be traced along strike, providing additional
confidence in the continuity of the mineralization."

Volta's current drill program will test 1,200m of strike of the 2,800m
long KMZ zone and 500m of the 700m long KHZ zone. The program will infill and
extend drilling such that the KMZ zone is drilled to 50m x 50m spacing from
surface to a 150m depth and 100m x 50m from 150m to 200m deep. On the
narrower KHZ zone, drill spacing will be 50m x 50m from surface to a 100m
depth and 100m x 50m from 100m to 150m deep. Planning and optimization of
the drill program was undertaken with input from SRK Consulting (UK) to
ensure that the delivery of the independent resource consultant's NI 43-101
compliant resource is delivered as efficiently as possible.

In order to appreciate the extent and geometry of the mineralization on
the 5350N section, the results for the two Volta holes and two of Randgold's
holes are highlighted in Table 1 below and on the section (see Figure 2,
files.newswire.ca/407/VoltaRes_Kiaka.rtf). Analyses of the Volta
samples were undertaken by fire assay on a 50g charge at ALS Chemex
Laboratories in Ouagadougou. Both Volta and Randgold sampling and assay
procedures included QA/QC elements that employed the inclusion of certified
standards and blanks.

          -----------------------------------------------------------
               Hole ID      From    To      Length  Grade  Company
          -----------------------------------------------------------
          KRD30               0.00   56.30   56.30   0.73  Volta
          -----------------------------------------------------------
                 including   48.30   56.30    8.00   1.26
          -----------------------------------------------------------
                       AND   86.30  129.00   42.70   1.21
          -----------------------------------------------------------
                 including   96.30  122.00   25.70   1.71
          -----------------------------------------------------------
                       AND  159.32  192.00   32.68   0.45
          -----------------------------------------------------------
                 including  159.32  169.00    9.68   0.85
          -----------------------------------------------------------
          KRD31                  -   13.00   13.00   0.63  Volta
          -----------------------------------------------------------
                 including    7.00   10.00    3.00   1.35
          -----------------------------------------------------------
                       AND   21.00   37.00   16.00   0.57
          -----------------------------------------------------------
                       AND   53.30   90.00   36.70   1.32
          -----------------------------------------------------------
                 including   64.00   78.00   14.00   2.31
          -----------------------------------------------------------
                 including   82.00   85.00    3.00   1.74
          -----------------------------------------------------------
                       AND   97.00  105.15    8.15   0.50
          -----------------------------------------------------------
          KDH03              10.00   35.00   25.00   0.80  Randgold
          -----------------------------------------------------------
                 including   12.00   16.00    4.00   1.49
          -----------------------------------------------------------
                 including   20.00   26.00    6.00   1.22
          -----------------------------------------------------------
                       AND   42.00  176.00  134.00   1.30
          -----------------------------------------------------------
                 including   64.00   71.00    7.00   1.79
          -----------------------------------------------------------
                 including   88.00  101.00   13.00   1.84
          -----------------------------------------------------------
                 including  116.00  125.00    9.00  10.15
          -----------------------------------------------------------
          KDH15              42.00   79.00   37.00   0.90  Randgold
          -----------------------------------------------------------
                 including   61.00   79.00   18.00   1.43
          -----------------------------------------------------------
                       AND   86.00  259.00  173.00   0.72
          -----------------------------------------------------------
                 including   97.00  102.00    5.00   1.01
          -----------------------------------------------------------
                 including  110.00  119.00    9.00   0.98
          -----------------------------------------------------------
                 including  137.00  145.00    8.00   1.84
          -----------------------------------------------------------
                 including  154.00  165.00   11.00   1.56
          -----------------------------------------------------------
                 including  177.00  186.00    9.00   1.24
          -----------------------------------------------------------
                 including  194.00  201.00    7.00   1.16
          -----------------------------------------------------------
                 including  219.00  224.00    5.00   1.00
          -----------------------------------------------------------
                 including  229.00  233.00    4.00   1.72
          -----------------------------------------------------------
                       AND  301.00  319.00   18.00   0.68
          -----------------------------------------------------------
                 including  313.00  318.00    5.00   1.86
          -----------------------------------------------------------

    NOTES:

    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 of 5m for the lower grade mineralization envelope
        (increased to 6m for KDH03 and KRD30).
    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 also 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 1-m 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 core portions of the drill holes were sampled at
        one metre 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
        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.

The Kiaka gold project lies at the intersection of the northeast striking
Tenkodogo greenstone belt and the regionally significant north striking
Markoye Fault, in whose proximity some of the larger gold resources
discovered in Burkina Faso so far, have been discovered. These include
Iamgold's Essakane deposit (5.1 M oz), High River Gold's Taparko deposit
(1.7 M oz), Orezone's Bombore deposit (2.1 M oz) and Etruscan's Youga deposit
(1.5 M oz).

    TABLE 2: Borehole collar coordinates and orientation parameters

    -------------------------------------------------------------------------
    Hole                          Eleva-  Total
     ID    Easting     Northing    tion   Depth   Dip   Azimuth  RC     DD
                                           (m)  degrees degrees  (m)   (m)
    -------------------------------------------------------------------------
    KRD30 739,373.09 1,289,390.39 271.66 220.00  - 59.0  224.0 114.00 106.00
    -------------------------------------------------------------------------
    KRD31 739,390.65 1,289,372.79 270.70 105.00  - 56.0  109.0  46.33  58.67
    -------------------------------------------------------------------------

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 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.

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 contact: Kevin Bullock, P.Eng., President & CEO, Tel: +1-647-388-1842, Fax: +1-416-867-2298, Email: kbullock at voltaresources.com