Mr. Kevin Bullock reports

VOLTA CONFIRMS CONTINUITY AND EXTENDS KHZ ZONE IN CENTRAL AREA OF THE KIAKA GOLD PROJECT

Volta Resources Inc. has released the latest results from the drilling program completed in July on the company's Kiaka gold project. The Kiaka project is located approximately 120 kilometres southeast of Ouagadougou, the capital city of Burkina Faso. To date, 155 holes (22,818 metres) have been drilled in the Central area. This news release reports on some of the holes that were drilled in June and July, 2010, which were not used in the previously announced NI 43-101-compliant resource estimate for the Central area at Kiaka (see news release in Stockwatch of June 29).

A total of 44 holes for 5,738.12 metres were drilled in June and July, 2010. The results reported in an attached table relate to infill holes drilled to confirm continuity of the Kiaka hangingwall zone (KHZ) between 5350N and 5750N and to test the northward extension of the same KHZ zone to 6100N. The highlights from this drilling include:

• KRD122: 32.0 metres at 1.0 gram per tonne gold, including 7.0 metres at 1.26 grams per tonne gold;
• KRD126: 27.0 metres at 0.70 gram per tonne gold;
• KRD125: 27.0 metres at 0.92 gram per tonne gold, including 4.0 metres at 2.69 grams per tonne gold;
• KRD123: 49.0 metres at 4.30 grams per tonne gold, including 11.0 metres at 16.83 grams per tonne gold;
• KRD131: 19.0 metres at 1.60 grams per tonne gold;
• KRD127: 31.0 metres at 1.19 grams per tonne gold, including 13.0 metres at 2.27 grams per tonne gold;
• KRD128: 31.0 metres at 0.71 gram per tonne gold, including 9.0 metres at 1.66 grams per tonne gold;
• KRD129: 27.0 metres at 0.98 gram per tonne gold, including 6.0 metres at 1.14 grams per tonne gold.

Kevin Bullock, Volta's chief executive officer, said: "These consistent results point to continuity of gold mineralization in the KHZ zone. We believe the significant intersections encountered will enhance the gold resources attributable to the KHZ within the heart of the Central area and also along strike to the north."

Results for the holes covered by this news release are highlighted in an attached table. Highlights from former Randgold (labelled with prefix RRL) and Volta holes have been added to the table in order to better appreciate the extent and geometry of the mineralization. Analyses of the Volta samples were undertaken by fire assay on a 50-gram charge at ALS Chemex Laboratories in Ouagadougou. Volta's sampling and assay procedures included quality assurance/quality control (QA/QC) elements that employed the inclusion of certified standards and blanks.

                      HIGHLIGHTS OF GOLD INTERSECTIONS

                        From    To   Interval   Grade   MID  
Section  Hole ID         (m)    (m)    (m)      (g/t)   (m)  Zone   Comment

5400N    KRD108        68.00   87.00  19.00     0.94     4   KHZ
         Including     71.40   75.00   3.60     1.73     1

         KRD122        54.00   86.00  32.00     1.00     5   KHZ
         Including     57.00   64.00   7.00     1.26     2
         Including     82.20   85.00   2.80     4.61     0

5450N    KRD102        60.30   77.00  16.70     0.97     4   KHZ
         Including     67.00   68.80   1.80     4.73     0

5550N    KRD124         1.00    6.00   5.00     1.18     0   KHZ
         And          101.00  119.00  18.00     0.69     4
         And          160.95  167.55   6.60     1.51     1
         Including    164.00  167.55   3.55     2.57     2
         And          173.00  183.00  10.00     0.65     2

         RRL-KDH21    119.00  134.00  15.00     0.92     2   KHZ
         Including    119.00  123.00   4.00     1.95     2
         And          141.00  164.00  23.00     1.02     5
         Including    150.00  154.00   4.00     4.12     1

5600N    KRD126        42.00   69.00  27.00     0.70     4   KHZ
         And           99.40  130.16  30.76     0.57     3          Ended in
                                                                    mineralization

         KRD125         7.00   21.00  14.00     0.54     5   KHZ
         Including     10.00   13.00   3.00     1.29     0
         And           49.00   64.00  15.00     0.80     3
         Including     96.20  100.00   3.80     1.40     1
         And          148.00  175.00  27.00     0.92     4
         Including    156.00  159.00   3.00     2.77     1
         Including    171.00  175.00   4.00     2.69     1

5650N    KRD123        67.00  116.00  49.00     4.30     3   KHZ
         Including     67.00   70.00   3.00     1.22     2
         Including     74.00   85.00  11.00    16.83     1
         Including    101.00  108.00   7.00     0.85     1
         Including    112.00  116.00   4.00     1.06     1
         And          125.00  128.00   3.00     1.16     1

         KRD68         29.00   49.00  20.00     1.47     1   KHZ
         Including     29.00   34.00   5.00     1.79     2
         Including     39.00   48.00   9.00     2.04     1

5700N    KKRC34        30.00   40.00  10.00     1.55     5   KHZ
         Including     36.00   39.00   3.00     3.85     1

5750N    KRD131        27.00   34.00   7.00     1.13     0   KHZ
         Including     27.00   32.00   5.00     1.60     2
         And           51.00   70.00  19.00     1.60     2

5950N    KRD134        42.00   83.00  41.00     0.64     4   KHZ

6000N    KRD127        69.00  100.00  31.00     1.19     4   KHZ
         Including     83.00   96.00  13.00     2.27     2

         KRD130         6.25   33.25  27.00     0.59     4   KHZ
         Including     22.25   25.25   3.00     1.25     0
         And           76.00   93.00  17.00     0.62     2

6050N    RRL-KDH19     50.00   76.00  26.00     0.59     2   KHZ
         And           83.00  116.00  33.00     0.59     4
         Including    111.00  115.00   4.00     1.39     0
         And          251.00  327.00  76.00     0.52     5
         Including    264.00  269.00   5.00     1.94     2
         Including    308.00  315.00   7.00     1.07     1

6100N    KRD128        59.00   90.00  31.00     0.71     4   KHZ
         Including     79.00   88.00   9.00     1.66     2
         
         KRD129         0.00   27.00  27.00     0.98     1   KHZ
         Including     13.00   19.00   6.00     1.14     2
         Including     23.00   26.00   3.00     3.84     1
         And           33.00   66.00  33.00     0.52     5
         Including     35.00   40.00   5.00     1.02     1
         And           76.00   91.00  15.00     0.66     2
         Including     86.00   90.00   4.00     1.21     1

Notes:
(1) Intervals are core length. True width is unknown at this time.
(2) Intersections are based on a 0.3-gram-per-tonne gold cut-off with maximum
internal dilution (MID) of five metres for the lower-grade mineralization
envelope.
(3) In order to highlight the continuity of the high grade zone, a
0.8-gram-per-tonne gold cut-off with maximum internal dilution of two metres
has been used. No top cut has been applied.
(4) The intersections listed in the table represent sections of at least three
metres in excess of one gram per tonne gold and/or sections of at least 10 metres
in excess of 0.5 gram per tonne gold.
(5) The intersections represent sections drilled by reverse circulation (RC)
and/or cored drilling.
(6) The RC portions of the drill holes were sampled at one-metre intervals. Dry
samples were riffle split to provide two-kilogram 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-metre intervals and cut in half 
using a diamond saw. Half of the 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 50-gram charge. 
(8) 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.

The current drilling has enabled the tracing of significant mineralization in the KHZ for 750 metres, from Section 5350N to Section 6100N. The KHZ in the Central area falls within the area of the open-pit shell defined by SRK (UK) during the definition of the NI 43-101-compliant resource; however, the results in this release were not received prior to the cut-off date in June, 2010.

The company will shortly release the results from drilling undertaken just south of the defined resource in the Central area and from exploratory drilling undertaken in the South area.

Under the guidelines of National Instrument 43-101, the qualified person for the Kiaka gold project is 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.