Volta Reports Further Drill Results From its Kiaka Gold Project, Burkina Faso

Intersects 138.0 Meters at 1.13g/t Gold and 202.0 Meters at 0.87g/t Gold

TORONTO, January 6, 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 all 4 holes located on Section 5350N (See
Figure 1), some 25m NE of previous released section 5325N (see News Release
of 15 December 2010). These holes are aimed at infilling the main deposit
defined so far in the Central Area to 25m x 50m drill spacing and to extend
the drilling depth down another 100 vertical meters from its current 200m
level. The highlights from this section include:

    - KDH153: 202.00m @ 0.87 g/t Au, including 14.55m @1.94 g/t Au
    - KDH158: 138.05m @ 1.13 g/t Au, including 20.00m @ 1.78 g/t Au AND
    - KDH158: 33.00m @ 1.07 g/t Au, including 5.00m @ 1.87 g/t Au
    - KDH156: 16.00m @ 1.04 g/t Au, including 6.70m @ 1.95 g/t Au

Kevin Bullock, Volta's President & CEO said, "We continue to be impressed
by the sheer size of the Kiaka deposit. At the outset of this second drill
campaign our goal was to maintain our previously realized grades and widths
in the current infill drilling and to demonstrate similar results in our new
deeper holes. So far, we have been consistently exceeding our expectations.
We look forward to incorporating these and upcoming results into our next
updated resource estimate, which we anticipate will be complete sometime in
the second quarter."

The four reported holes on Section 5350N have extended the
mineralization, tested by the Company and Randgold during previous campaigns
on this section (see News Release of 19 January 2010), to a vertical depth of
over 300 meters and have increased its width in excess of 200 meters to the
KMZ zone.

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 5350N

    BHID     FROM     TO INTERVAL Au g/t COMMENTS/REMARKS
    KDH153  19.80  23.00     3.20   6.71 20.5-21.2m = 18.27g/t Au
    AND     93.00  96.00     3.00   5.66 93.0-94.0m = 16.10g/t Au
    AND    103.00 138.00    35.00   0.55
      INCL 132.10 138.00     5.90   1.26
    AND    154.00 195.15    41.15   0.97
      INCL 154.00 178.00    24.00   1.34
      INCL 190.00 193.00     3.00   1.00
    AND    215.00 417.00   202.00   0.87
      INCL 215.00 222.85     7.85   1.32
      INCL 227.60 240.00    12.40   1.19
      INCL 260.00 267.00     7.00   1.02
      INCL 274.00 278.00     4.00   1.03
      INCL 283.00 310.00    27.00   1.11
      INCL 320.00 339.00    19.00   1.22
      INCL 343.10 357.65    14.55   1.94 357.0-357.65m = 10.85g/t Au
      INCL 405.00 410.00     5.00   1.34
    KDH158   0.50  19.00    18.50   1.08
      INCL   1.00  10.00     9.00   1.83
    AND     31.00  78.00    47.00   0.58
      INCL  69.00  78.00     9.00   1.07
    AND    122.00 125.00     3.00   1.38
    AND    203.70 341.75   138.05   1.13
      INCL 217.00 227.70    10.70   1.50
      INCL 231.00 268.00    37.00   1.73
      INCL 272.00 292.00    20.00   1.78
      INCL 296.00 299.75     3.75   1.90
      INCL 306.20 309.30     3.10   1.01
    AND    358.00 391.00    33.00   1.07 ENDED IN MINERALIZATION
      INCL 358.00 362.00     4.00   1.17
      INCL 368.00 381.00    13.00   1.19
      INCL 385.00 390.00     5.00   1.87
    KDH154 152.00 162.00    10.00   0.63
      INCL 159.00 162.00     3.00   1.57
    AND    176.10 204.00    27.90   0.44 ENDED IN MINERALIZATION
    KDH156  43.00  68.00    25.00   0.70
    AND    116.00 132.00    16.00   0.62
    AND    152.00 168.00    16.00   1.04
      INCL 158.00 164.70     6.70   1.95

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.

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 (decreased to 0.44g/t in hole KDH154 as the hole was halted in
mineralization).

5) The intersections represent sections drilled by core drilling only
(see Table 2).

6) The cored 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
(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 5350N

      Hole  Easting    Northing   Elevation Depth   Dip    Azimuth RC    DD
        ID
                                     (m)     (m) (degrees)(degrees)(m)  (m)
    KDH153 739243.530 1289517.211  270.98   430.00  -60      135    -  430.00
    KDH154 739174.276 1289587.776  274.18   204.00  -55      135    -  204.00
    KDH156 739313.133 1289446.455  268.95   202.05  -55      315    -  202.05
    KDH158 739456.326 1289305.105  264.37   391.00  -60      315    -  391.00

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, towards 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.

Click files.newswire.ca/407/volta-maps.doc to view Figure 1: MAP
SHOWING LOCATION OF REPORTED HOLES (Section 5350N) and Figure 2: SECTION
5350N

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