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Toronto, ON - January 13, 2009 - Volta Resources Inc. ("Volta" or the "Company") (TSX:VTR) is pleased to report more significant copper-gold intercepts from the last drill holes of its 2008 diamond and reverse circulation ("RC") drilling program at Volta's Gaoua copper-gold porphyry project in southern Burkina Faso, West Africa. The latest drilling significantly expands the mineralized envelope towards the west at its Gongondy target, considerably increasing the mineral potential of the area.

The latest results are from two diamond drill holes (S63GON and S64GON) and four RC holes (GRC2-08 to GRC5-08) drilled on the southernmost part of the Gongondy target. Previous results from this program included 23 holes drilled at Gongondy and 15 holes drilled at Dienemera, which were reported in news releases dated October 30, 2008, November 06, 2008 and December 02, 2008 respectively. The Gongondy and Dienemera targets occur along a north-south oriented structural corridor, approximately 7km apart and are characterized by the presence of highly anomalous copper-gold mineralization hosted by hydrothermal breccia, which show porphyry copper characteristics.

Highlights from the logging and assay results from the latest drilling are:

• The confirmation of the presence of wide, high-grade, intercepts reported by historical holes such as 124m @ 0.56% Cu and 0.34 g/t Au (S63GON), including 12m @ 1.18% Cu and 0.81 g/t Au,
• the extension of the mineralized envelope to the west of the gabbro which intrudes the mineralized breccia in southern Gongondy. This area is underlain by transported alluvium and therefore had no surface geochemical response in order to target drilling. A highlight from this RC program includes 27m @ 0.71%Cu and 1.23g/t Au (GRC4-08).

The better copper-gold drill intersections from the latest drilling are listed in the Table below.

Table 1: Cu-Au Intersection Highlights.

* drill length-not true width
Table Notes:

• The Cu-Au intersections above are based on a 0.3% Cu cut-off with no top cut applied, except for the interval listed for GRC2-08 where a 0.2% Cu cut-off was exceptionally applied.
• Internal dilution (less than 0.3 % Cu except for GRC2-08 where 0.2% has been used) has been carried out to a maximum of 4m (the "maximum internal dilution" or MID).
• The above assay results for holes S63GON and S64GON were obtained on HQ and some NQ sized core sampled at one metre intervals and cut in half using a diamond saw. One-half of the core was archived at the core storage facility on site while the other half was sent to ALS Chemex Burkina S.A.R.L, Ouagadougou/Burkina Faso for standard preparation (crushing, pulverization, split) and gold fire assay on 50g charge. Copper was assayed by atomic absorption spectrometry at the ALS facilities in Vancouver/Canada.
• The results for the reverse circulation holes GRC2-08 to GRC5-08 were obtained from dry 1m-interval samples that were riffle-split to provide 2 kg samples sent to the laboratory for the same processing and assaying as described above for the core samples. Wet samples were dried in the field, then riffle-split in the same way.
• The accuracy of the results was tested through the systematic inclusion of Cu-Au standards (Ore Research and Exploration, Australia - OREAS) and field blanks. Standards were inserted every 15 samples and blanks approximately every 25 samples. The results for the reported holes have passed the Company's QA/QC protocols.

At Gongondy, twenty-nine drill holes have now been completed for a total of 7,297.4 metres during the 2008 drilling campaign. Based on this drilling, two mineralized centers are recognized along a north striking breccia body, (the "northern" and the "southern" blocks), separated by a post-mineralization intrusive gabbro body. The latest drilling indicates that the westward dipping gabbro is intrusive in the southern block. The mineralized envelope in the southern block clearly extends further west than previously thought and may connect to the northern block west of the gabbro. Copper and gold mineralization has now been defined by reverse circulation and diamond drilling in a J-shape around the gabbro in the southern block, significantly increasing the tonnage potential of the mineralized envelope at Gongondy (see Figure 1).

Management is encouraged by this drilling success. Further drilling is currently being planned to better delineate the extension of mineralization west of the gabbro. In addition, drilling using the Company's recently acquired tractor-mounted powered auger rig is to commence shortly along the 7km porphyry corridor between Gongondy and Dienemera where alluvium and transported laterite regolith cover may have similarly masked the geochemical response of further copper and gold mineralization.

Table 2: Locations of the reported Holes Drilled at Gongondy.

Over 23,000 metres of, mainly, diamond drilling have now been completed by Volta on the Gaoua project. The results from this phase of drilling, along with previous results, will be incorporated into an initial NI 43-101 resource estimate planned to be completed during the first quarter of 2009.
Under the guidelines of National Instrument 43-101, the qualified person for the Gaoua copper-gold project is Mr. Guy Franceschi, Vice President, Exploration for the Company. 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 focused on becoming the 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. The Company currently has cash and short-term investments totaling $5.8 million, marketable securities with a quoted market value of approximately $3.5 million and 53.2 million common shares issued and outstanding.

For further information, please refer to our website www.Voltaresources.com or contact:

Kevin Bullock, P.Eng., President & CEO
Tel: (416) 867-2299
Fax: (416) 867-2298
Email: kbullock@voltaresources.com

Investor Relations: Vancouver
Farah Alibhai
Tel: (604) 731-7340
Email: falibhai@voltaresources.com

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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.

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