Volta Reports More Positive Gold Results From Trenches at Nassara Gold Prospect in Southern Burkina Faso

Results Lead to Newly Planned Drill Program

TORONTO, December 22 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) announces the
results from four new trenches recently completed at the Nassara prospect
which is located on the Danyoro permit, which forms part of the 100% owned
Gaoua Project in southern Burkina Faso, West Africa.

An additional 4 trenches have been completed to follow up the outstanding
intersection in the first trench TR1, where Volta identified a mineralised
interval of 44 meters at 1.82g/t Au including 20.5 metres at 3.56g/t Au (see
Volta's press release dated September 15, 2009). The latest trench results
show intersections of 12 meters at 1.31g/t Au in trench TR4 and 9 metres at
1.01g/t Au including in trench TR5. The new trenches confirm the continuity
(at the (greater than) 1g/t level) over 400 metres from the first target
tested at Nassara.

Vic King, Volta's COO, said, "The latest trench results confirm that the
Nassara prospect is a significant gold target and, along with recently
published results from Ampella Mining's Konkera prospect, point to the
southern Boromo Belt emerging as another significant Birimian gold camp in
West Africa."

                         Table 1: Trench highlights.
    -------------------------------------------------------------------------
     Trench                           Interval
     Number   From (m)      To (m)      (m)      Au (g/t)       Comments
    -------------------------------------------------------------------------
                                                          Previously reported
    TR1               -4.0     12.0       16.0      0.58  trench
            ---------------------------------------------
                      65.0    109.0       44.0      1.82
            ---------------------------------------------
            Including 71.5     92.0       20.5      3.56
    -------------------------------------------------------------------------
                                                          200m north of TR1
                                                          15 - 17m not
                                                          sampled due to
    TR2                 12       15          3      2.04  artisanal workings
            -----------------------------------------------------------------
                                                          Note : 74-90m not
                                                          sampled due to high
                        48       55          7      0.33  ground water level
    -------------------------------------------------------------------------
    TR3                 21       28          7      0.36  400m north of TR1
    -------------------------------------------------------------------------
    TR4                 85       97         12      1.31  100m south of TR1
            ---------------------------------------------
            Including   93       97          4      2.28
    -------------------------------------------------------------------------
    TR5                 59       68          9      1.01  200m south of TR1
            ---------------------------------------------
            Including   61       66          5      1.32
    -------------------------------------------------------------------------
    NOTES:
    1)  Intersections are based on a 0.2 g/t Au cut-off with no top cut
    applied. Internal dilution (less than 0.2 g/t Au) has been applied to
    a maximum of 1m, except for the mineralised interval of 44m in TR1 where
    dilution has been carried to 3m.The true width is not known.
    2)  Dry samples were collected at 0.5 to 1m intervals. These were riffle-
    split to provide 2 kg samples sent to the laboratory. Wet samples were
    dried in the field and similarly riffle-split.
    3)  Samples were sent to ALS Chemex in Ouagadougou for standard
    preparation followed by Fire Assay on a 50g charge.
    4)  Standards were inserted every 15 samples, blanks every 30 samples and
    field duplicates about every 20 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 Nassara prospect is located in the southwestern corner of the Danyoro
permit, one of the three contiguous permits held by Volta, which together
comprise the Gaoua project. The prospect was initially identified during soil
geochemical surveys, where extensive gold-in-soil anomalism over more than 4
kilometers was found to be coincident with a distinctive northwest striking
airborne magnetic lineament (see Figure 2 -
files.newswire.ca/407/VoltaFigures123.doc). A ground magnetic survey
and an initial gradient array induced polarisation survey ("IP") have also
clearly outlined the target (see Figure 3 -
files.newswire.ca/407/VoltaFigures123.doc).

Trenching has now outlined the first drill ready target at Nassara and
the company will shortly commence a 4 hole scout RC drilling program
comprising about 360 metres to confirm the trench intersections and add to
the understanding of the continuity and geometry of the gold mineralisation.

The company will also be trenching several other low-lying "whaleback"
ridges along strike that appear to be coincident with similarly enhanced gold
anomalism. In addition, the soil geochemical grid is being extended to the
north and south to cover the full 10 kilometers of strike highlighted by
extensions of the magnetic lineament. Volta will also begin follow up at
Gomblora, a similar gold prospect being exploited by artisanal miners,
located on a parallel structure approximately 12 kilometers to the northeast
on Volta's ground (See Figure 1 -
files.newswire.ca/407/VoltaFigures123.doc).

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.

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