Vangold Resources / VAN (CVE)

  • ...aber eine neue, auf publicity ausgerichtete Politik wirkt,
    ...als Bp. das Neueste vom SmallCapTrader :


    ..."Vangold Resources:
    05. April 2007 | 08:46 Uhr
    setzt zum Höhenflug an



    Zuletzt hatten Ihnen die Experten von Small Cap Trader Ende Januar den Explorer Vangold Resources (WKN: 358668 / ISIN: CA92202C1068) ans Herz gelegt. Bei Kursen um 0,30 Euro sprachen wir damals von „einer der wohl am stärksten unterbewerteten Aktien im Commodity-Sektor“ und sollten Recht behalten. Mittlerweile werden gut 50 Prozent mehr für die Vangold-Anteile gezahlt. Doch das ist nicht das Ende der Fahnenstange!


    Lassen Sie uns noch einmal die Eckpunkte der Vangold-Story in Erinnerung rufen: Das kanadische Unternehmen finanziert die weltweite Suche nach Edel- und Basismetallen mit Einnahmen aus dem Öl- und Gasgeschäft in Nordamerika. Vangold hält Minderheitsbeteiligungen an sechs Öl- und Gas-Liegenschaften im kanadischen Alberta sowie in den US-Bundesstatten Kalifornien und Texas, welche bereits zum Teil Umsatzbeiträge leisten. Hinzu kommt ein diversifiziertes Portfolio von Mineralien-Liegenschaften, allen voran sieben Projekte in Papua Neu Guinea. In dem Land nördlich von Australien arbeitet Vangold sehr eng mit der New Guinea Gold Corporation (NGG) zusammen.


    Nun wird es interessant, im laufenden Jahr sind nämlich tiefgreifende Restrukturierungen dieser Gold-Liegenschaften geplant. Im Rahmen eines Spin-Offs sollen sechs der sieben Vangold-Projekte in zwei neue Unternehmen eingebracht werden. Die Arbeit an den Spin-Offs schreitet voran und beinhaltet die Schaffung neuer Gesellschaften, die Vorbereitung von Berichten gemäss NI 43-101 auf allen Liegenschaften, und die Einholung behördlicher Genehmigung für die Struktur. Dieser Umbau hat weitreichende Folgen für die Bewertung des Vangold-Portfolios, denn durch die Abspaltung ganzer sechs Projekte wird deren Potenzial ersichtlich, was für die Vangold-Aktie erhebliches Aufwärtspotenzial birgt.


    Auch Feni Islands, dem verbleibenden siebenten Vangold-Projekt in Papua Neu Guinea, winkt eine glänzende Zukunft. Dort ist man zusammen mit dem 50%-Partner NGG vermutlich auf ein großes Kupfer/Gold-Vorkommen gestoßen. Ein 2000 Meter Bohrprogramm beginnt in diesen Tagen. Wir rechnen hier insgeheim mit sensationellen Funden, denn das Archipel liegt innerhalb des Lihir-Korridors, der die Lagerstätte von Bougainville und eine der weltweit größten Goldlagerstätten (Lihir Gold, ca. 50 Mio. Unzen) beherbergt.


    Unter dem Strich bleibt festzuhalten, das Vangold mit einer aktuellen Marktkapitalisierung von 38 Mio. Euro noch immer sehr günstig bewertet ist, zumal derzeit noch umgerechnet 4,2 Mio. Euro in der Firmenkasse schlummern.


    Mit Blick auf weitere Bohrergebnisse und die anstehenden Spin-Offs erwarten wir eine Fortsetzung des aktuellen Aufwärtstrendes. Unser nächstes Kursziel lautet 1 Euro. Längerfristig sind weitaus höhere Kurse realistisch."



    ...80% in drei Monaten :D


    ...schaun mer mal =)


    Grüsse


    emoba

  • Gestern von Robin Moriarty gekommen:



    Dear Shareholders & Investors;


    Please find attached Vangolds' December 31, 2006 Year End Audited Financial Statements, and the Management Discussion & Analysis.


    The focus of the Management Discussion & Analysis is primarily a comparison of financial performance for the year ended December 31, 2006 and should be read in conjunction with the audited consolidated financial statements and accompanying notes as at December 31, 2006.


    Cash and cash equivalents increased from $1,661,967 at Dec 31, 2005 to $6,871,892 at Dec 31, 2006. Please note Assets have increased >from $8,784,016 at Dec 31, 2005 to $15,461,268 at Dec 31, 2006. Revenues increased from $904,591 at Dec 31, 2005 to $4,148,875 at Dec 31, 2006. The Net Loss at Dec 31, 2005 at <$1,106,104> became a Net Income of $17,218. There is no Loss. To the Net Income amount of $17,218 there are non cash items totalling $1,262,582 which are added back in for a total of $1,279,800.


    We should look forward to the spin offs of Kanon Resources Ltd and Horn Rare Metals Ltd going public as they will be booked as Investments on Vangolds books which should add considerable value to the asset base in the forthcoming year.


    If you have specific questions please email rmoriarty@telus.net. Your questions will be answered by the Chief Financial Officer, Mr Sandy Huntingford.
    Best Regards,
    Robin Moriarty, BSc
    Investor Relations for Vangold Resources Ltd
    Toll Free in North America 1 877 361 0002
    Cell: 778 899 1583

    Cc:
    Maria Da Silva 1 877 261 4466 Investor Relations Market Smart Communications
    Russ Millward 604 948 4860 Investor Relations Institutions


    Hier ist der ganze Bericht:


    http://media.integratir.com/V.…cials/MDA%20YE%2006%2Epdf

  • Zitat

    We should look forward to the spin offs of Kanon Resources Ltd and Horn Rare Metals Ltd going public as they will be booked as Investments on Vangolds books which should add considerable value to the asset base in the forthcoming year.


    Verstehe ich das so, dass die spin offs in Hand von VanGold bleiben und der Aktionär nix davon sieht....????? :(

  • Und noch eine Email von Robin Moriarty:


    VANGOLD RESOURCES LTD. TSX-V:VAN


    NEWS RELEASE


    2006 YEAR END HIGHLIGHTS


    May 1, 2006 – Vangold Resources Ltd. (“Vangold”) published its 2006 year-end audited consolidated financial and operating results on April 30, 2007. Complete financial statements may be viewed at http://www.vangold.ca or http://www.sedar.com. Dal Brynelsen President and CEO of Vangold states: “Last year I reported that the realization of our strategy to acquire properties capable of producing world-class ore bodies, while participating in revenue generating oil and gas projects to fund exploration, was reflected in the numbers. This past year we continued to achieve that goal. We have seen significant growth in revenues and profitability. We are also realizing the second part of our strategy which is to take certain assets that are not adequately valued within Vangold and create new entities that realize the value of these assets and will greatly enhance shareholder value.”


    During 2006, total revenues increased 350% from 2005 and total assets increased from $8.7 million to $15.4 million.” The financial highlights are outlined as follows.


    * Total revenues for the year ended December 31, 2006 was $4,148,875, an increase of $3,244,284 over the same period for 2005. Revenues from the East Corning gas field was $120,888 compared to $470,086 for the same period and the revenues from the Killam North oil field was $4,027,923 compared to $434,504 in 2005. Total expenses for year end, 2006 was $3,078,116 compared with $1,835,756 for 2005.
    * The net income for the period was $17,218 compared with net loss of $1,106,104 in 2005.
    * Net cash flow from operations increased >from a loss of $567,366 in 2005 to a net income of $1,279,800 in 2006.
    * Cash and cash equivalents was $6,871,892 compared to $1,661,967 in 2005.
    * Total working capital at year-end 2006 was $6,843,881 compared to $1,880,219 at year end 2005. Current working capital as at March 31, 2007 was approximately $6.4 million.


    To find out more about Vangold Resources Ltd. please visit our website at http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca.


    On Behalf of the Board of


    VANGOLD RESOURCES LTD.


    “Dal Brynelsen”


    Dal Brynelsen, President and CEO

  • Small-Cap-Investor sieht das Ziel bei 1,15 Euro. Neuer Auftrend und gute Beteiligungen, Cashflow durch Öl/Gas etc.


    http://www.small-cap-trader.co…ts/2007-07-05-vangold.pdf



    Cap: 36,26 Mio. Euro Aktienanzahl: 82,42 Mio. Internet: http://www.vangold.ca

  • Nach ein paar Tagen Urlaub habe ich diese email von Robin Moriarty in meiner Postbox gefunden:


    Dear Investors;


    Please find a joint press release by Vangold Resources Ltd (VAN-V:TSX) and Arapahoe Energy (AAO-V:TSX). For your ease of reference Investor Relations has provided a link to Vangolds press release from our website: http://media.integratir.com/V.VAN/PressReleases/AAO-VAN.pdf


    As you read the press release please realize the well was drilled during the time period of July thru December 2005. Subsequent to that event, Vangolds management team took prudent steps to audit the expenditures incurred on the well provided by the former Operator, took steps to determine a remedial plan to rework the well, and negotiated an increased working interest for the benefit of all shareholders, and the minor joint venture partners. The bottom line is Vangold has increased its working interest to 33.5%. The former Operator C1 Energy is presently selling all of their shares to another oil and gas company to pay down their bank debt as their bank called their loan during the latter part of 2006. Some of these peripheral matters took longer to negotiate and thus caused time delays on reporting to our shareholders. Arapahoe also had their bank loan called and repaid their bank. Sometimes bonafide events (not involving Vangold) cause delays in reporting to our shareholders. Investor Relations view is we've waited 18 months for this transaction to unfold, and now we look forward to the remedial plan, the drill program, to increase our production and cash flow.


    To recap Sarcee:
    A press release dated April 18, 2006 was issued on the Sarcee Well. Here is the link for your ease of reference: http://investors.vangold.ca/newsrelease.asp?news=2130954480&ticker=V.VAN〈=EN&title=null


    A press release dated March 23, 2006 was also issued to provide an update on several oil and gas projects inclusive of Sarcee, Killam North, Strachan, and the Deep Basin project. Sarcee is located west of Calgary, Killam North is located approximately 70 km east of Camrose, Alberta, and the Strachan, Deep Basin (awaiting permit approval), and 12% Test Well are located near Rocky Mountain House, Alberta in the prolific Western Sedimentary Basin. Here is the link:
    http://investors.vangold.ca/newsrelease.asp?news=2130954220&ticker=V.VAN〈=EN&title=null


    Lastly a press release dated December 22, 2005 was also issued to provide the shareholders an update on the oil and gas projects in Alberta, specifically Sarcee, Killam North and Strachan. Here is the link with reference to the Sproule & Associates report on the Sarcee well immediately after the well was drilled in 2005.
    http://investors.vangold.ca/newsrelease.asp?news=2130880897&ticker=V.VAN〈=EN&title=null


    You will find information contained in the aforesaid links which might not be included in the July 2007 press release. Investor Relations understands Vangold intends to update its shareholders on the aforesaid Alberta projects. Please note none of these projects were written off of Vangolds' books, rather the company intends to proceed to drill, complete and tie in. In regards to the Deep Basin Gas Project, we are presently awaiting Crew Energy to make the resubmission of the Permit Application to the Alberta Energy Utility Board, and for Formal Permit Approval from the Alberta Government. We anticipate receipt of further information shortly on Killam North Oil Field, Strachan (drilled 2005, tight hole status), and the 12% Test Well (drilled 2006).


    Please note 2 of Vangolds' subsidiaries are presently working their way through legal steps to go public. Kanon Resources our Papua New Guinea Subsidiary plans to proceed to do their IPO as reported in Vangolds Annual Report (refer to Financials on the website). A Presidents List is in progress. If you have not indicated your interest level in participating in the IPO and wish to do so, please email myself in a separate email at rmoriarty@telus.net


    In regards to Vangolds subsidiary Horn Rare Metals reverse take over of a halted public company (Janina Resources Ltd (JAN-V:TSX), please note Janinas' latest financing should conclude shortly and Janina will issue a press release on this matter.


    As lawyers for the aforesaid companies, the Stock Exchange, management, and auditors vet these "going public" transactions, it is difficult to provide the shareholders with a time line. I think it is safe to say that Janina (pending a name change and new symbol) will go public prior to Kanon. I anticipate one of those entities to be public in August, and one in September. Once they are public you should be able to value the shares that Vangold holds in each subsidiary. Vangold will book the shares they receive from each entity as investments under their Assets. That means as each entity trades on it's own, you should be able to verify the value of those assets. It is our understanding Vangold will receive 25 M shares from Kanon, and 51% of 50 M shares from Janina (pending name change), and formal approval of the Exchange.


    Investor Relations understands the drill program continues at the Feni Islands Gold Project and we anticipate an update from management when appropriate. I also understand the National Instrument Policy 43101s are prepared for Kanon, and will be made available during the week on our website. The 43101s for the Horn/Janina transaction are in progress.


    Please note the Ugandan Government commenced drawing down funds from the World Bank in November 2006 to fund the geophysical work in their country. The Uganda Government retained Fugro Geophysical Surveys to fly all aeromagnetic and geophysical work in Uganda. I understand they have completed the central regions in Uganda, and have been working in the Kilo Moto region. Once done there, they will move their program southward to the Fort Portal, Kilembe Mine area, and lastly Kafunzo. For the new shareholders, please note Vangold holds concessions in the aforesaid regions in Uganda where Fugro is presently conducting their geophysical work. During the past 6 months preliminary Geophysical work has occured and is proceeding on different aspects of the production sharing contracts in Rwanda, Kenya, and/or Armenia.


    In the past 2 months numerous investors have contacted me and asked me to provide my views about comments posted on the StockHouse Bull Boards. Some appear to have valid concerns, some have little or no merit. My view is it would be more prudent and effective for shareholders to send a Registered Letter to the Directors of Vangold. Thats the only fair way the Directors are able to respond and answer any queries.


    Once again, Investor Relations thanks all shareholders for their continued patience. We thank you for supporting our market.


    Best Regards,


    Robin Moriarty, BSc
    Investor Relations for Vangold Resources Ltd
    Toll Free in North America 1 877 361 0002
    Cell 1 778 899 1583



    Grüße GW

  • Heute per email gekommen:


    VANGOLD RESOURCES LTD. TSX-V:VAN


    NEWS RELEASE



    TECHNICAL REPORTS FILED ON ALLEMATA & FERGUSSON PROPERTIES



    Vancouver 17th July 2007. New Guinea Gold Corporation (NGG:TSX-V) (“NGG”) and Vangold Resources Ltd. (VAN:TSX ) (“Vangold”) (collectively the “Companies”) have previously announced a corporate restructuring whereby, a separate company, Pacific Kanon Gold Corp. (“Kanon”), will acquire all the shares of Kanon Resources Limited (“KRL”), currently owned 50% by NGG and 50% by Vangold. Further details of the restructuring including details of retained equity in and of the financing for, Kanon, are expected to be announced in the near future. The restructuring is effectively an alternate method of financing five of the properties owned by Kanon (the “Properties”) rather than issuing further shares in the parent companies.



    As a part of the restructuring, NI 43-101 technical reports have been completed on the properties. Reports for the Allemata and Fergusson properties have been on SEDAR (http://www.sedar.com) and posted to the Companies’ websites (http://www.newguineagold.ca, and http://www.vangold.ca), with the remaining reports expected to be filed in the near future.



    The Technical Reports were jointly prepared by Ralph Stagg, Bsc. MSc. FAusIMM, MIMMM, CE, and Peter Swiridiuk BSc. (Hons), Dip Ed. MAIG, Independent Qualified Persons for the purposes of NI 43-101. In each case, the Independent Qualified Persons recommend exploration programs for the projects and express the opinion that the properties are of sufficient merit to justify the proposed investment in exploration.



    “We are pleased to be able to announce concrete progress in the corporate restructuring related to Kanon” said Bob McNeil Chairman and CEO of New Guinea Gold and Dal Brynelsen, President and CEO of Vangold. “Both Companies look forward to continued progress over the coming weeks.” Concluded the two CEO’s.



    SUMMARY DESCRIPTION OF PROPERTIES



    ALLEMATA PROPERTY (KRL 100%)



    The Allemata Property is owned by KRL and will be financed in future separately from the Companies. Allemata EL (1322) covers 24.3km2 and is located in the Suau Peninsula on the southeast tip of the Papuan mainland in Milne Bay Province. An all weather road connects the tenement area to Gurney International Airport and on towards Alotau. Numerous agricultural and logging tracks provide good access to within a few hundred metres of many of the prospects. Alotau is an important shipping port and most supplies can be sourced there. Gurney International Airport is 15km >from the license by sealed road (½ hours drive) and the main administrative centre and port, Alotau is 20km to the north-east (one hour’s drive). Alotau is serviced by Coastal Shipping or chartered barge to a wharf. Equipment such as drill rigs can be transferred by truck on-site then pulled on skids on existing bulldozer tracks. The prospect areas are uninhabited, with minor gardens in the area. Local creeks are used for drinking water.



    The property covers the Milne Bay Goldfield, which was proclaimed in 1899, and was a productive area for alluvial gold, producing approximately 14,320 oz to 1926 when mining lapsed. Alluvial platinum was discovered and mined from 1933 for approximately eight years, and produced a total of 6kg (193 oz) of platinum.



    Three small-scale mines were brought into production in 1938/39 being the Louise (Ulo Ulo), Jumbo/Juno and Rough Ridge Mines, with total production of approximately 30kg (960oz) of gold. The Rough Ridge Mine appears to have been the most viable, producing 22kg (700oz) of gold >from 1,320 tonnes of ore (~17g/t Au).



    Mineralisation on the Allemata property is associated with emplacement of intrusives of Oligocene/Miocene age into Cretaceous age sediments (mainly shales). The intrusions have caused argillic and silicic alteration, which is closely associated with the various styles of mineralisation. Skarn mineralisation may also be present as sediments in the area including carbonate units.



    At Mt Haluba gold is associated with a series of moderate to steeply dipping structures. Gold mineralisation in the oxidized zone is disseminated in argillically altered minor silica/mangano – carbonate stockworked zones.


    At Ulo Ulo the mineralisation is confined to mineralized structures of up to 10m widths of sulphidic veins. Gabbro has been intruded by granodiorite and aplite dykes. The emplacement of the dykes brought heat and accumulated gold and base metal sulphides along the margins of the dyke-gabbro and duke-fine grained volcanics. It is thought that the gold source is both the volcanics and gabbro.



    Intrusive rock types observed ranging >from syenite through monzonite and gabbro, with breccia, imply a complex intrusive history and fractionation. The rocks are of alkaline type and similar to those associated with gold mineralisation in southeast PNG. Gold and possibly platinum mineralisation in pyritic shear zones and quartz-pyrite veins, indicate the development of mineralized hydrothermal systems. Skarn mineralisation potential is also present as the country rocks are known to include carbonate bearing units.



    In 2005 KRL drilled six holes totaling 764.9m. All holes encountered gold intersections, mainly at depths of less than 50m down-hole.



    At the Ulo Ulo prospect, several relatively narrow intersections were encountered such as 1.0 m of 17.65g/t gold, 1.55m of 5.87g/t gold, 1.9m of 9.39g/t gold, 0.5m of 6.02g/t gold, 0.1m of 32.2g/t gold, 33g/t silver, 2.35% copper and 0.11% zinc, plus other intersections of up to 7m in width at gold grades of less than 5g/t gold.



    At Ulo Ulo, the drilling has defined numerous relatively narrow and wider high grade zones, lower grade gold zones which will require further drill testing to evaluate their economic potential. The drilling and surface geochemistry shows that anomalous gold occurs over a 2 square kilometer area and much of this area remains to be drill tested.



    The controls on mineralisation at Ulo Ulo are not fully understood.



    The drilling at Mt Haluba has confirmed significant mineralisation within 60 metres of the surface and within a 100 m by 100 m area, high on the slopes of Mt Haluba. Further trenching and drilling will be required to obtain an estimate of the amount of such mineralisation and this will be carried out after all surface and drill information have been completely evaluated.



    FERGUSSON PROPERTY (KRL 100%)



    The Fergusson Property is owned by KRL and will in future be financed separately from the companies.



    Fergusson Island lies within the D’Entrecasteaux Island Group that is located just to the north of the south- eastern tip of mainland Papua New Guinea, within the Milne Bay Province.



    The D’Entrecasteaux Islands consist largely of complexly deformed metamorphic basement which forms mountainous domes, and which are intruded by bodies of granodiorite. The metamorphic basement is surrounded by curved, shallow dipping faults (less than 45º dip). Below these faults, parallel shear zones are developed in the basement. Fault slices of ultramafic and mafic rocks overlie the basement. Where these slices of rock are large (more than a few metres in diameter) they are undeformed, except near their boundaries. Areas of volcanism are spatially associated with faulting.


    Previous exploration on Fergusson Island focused on epithermal style gold and silver mineralisation, localised within detachment fault zones (“DFZ”) in metamorphic rocks.



    The model reflects the presence of multiple, stacked zones of gold mineralisation associated with the DFZ. These stacked horizons formed >from the imbricate playing off of blocks of earth which slid down to become lodged upon the in-situ DFZ. This compounding of the DFZ by gravity-slide faults is due to the continual domal uplifting of the young, emerging island group and allows for multiple ore horizons.



    In the D’Entrecasteaux Islands, mineralisation related to the dome bounding faults, at gold deposits such as Gameta and Wapolu (not Kanon properties), is not directly related to nearby magmatism, whereas at Kanon’s main projects, Igwageta and Unagala, mineralisation is likely to be directly associated with nearby volcanic centers. Consequently, different alteration assemblages and structural controls can be expected in these different mineralisation styles.



    Gold mineralisation at Igwageta and Unagala prospects is associated with Pleistocene to Recent volcanism and specific structural zones.



    At Igwageta Prospect the basement metamorphics host up to three metre wide, epithermal quartz-carbonate veins. Previous exploration by others (Union Capital), and confirmed in 2006 by Kanon, outlined a 1,500m long by 500m wide zone of anomalous gold from geochemical soil sampling. Examples of Union’s trench results, now confirmed by Kanon are:



    Line/Trench


    Intercept (m)


    Au g/t


    Trench 7


    incl.


    46


    8


    1.00


    3.14


    Trench 14


    incl.


    84


    6


    0.97


    7.87


    Trench 22


    incl.


    incl.


    incl.


    38


    24


    6


    4


    3.28


    4.86


    8.44


    12.30



    The trenching revealed an epithermal quartz stockwork zone developed within sericite altered, flow banded, volcanic tuff which trends east west over a distance of at least 70m. It is open-ended to both the east and west, is up to 15m to 20m wide and appears to dip to the south at 30-50 degrees. The high-grade intervals obtained from Trenches 14 and 22 are associated with altered volcanics containing vein breccia stringers.



    Reverse circulation drilling by Union encountered the following results (hole locations are shown at http://www.newguineagold.ca).



    Hole No


    From – to


    (m)


    Best Intercept (m)


    Au (g/t)


    001


    0 - 19


    19


    0.51


    002


    2 - 6


    4


    1.78


    002a


    2 - 5


    3


    1.20


    003


    incl.


    0 - 44


    0 - 26


    44


    26


    0.70


    1.06


    005


    0 - 13


    13


    0.27


    007


    incl.


    0 - 10


    0 - 3


    10


    3


    8.14


    20.82


    008


    23 - 27


    4


    0.28


    009


    incl.


    0 - 6


    4 - 5


    6


    1


    2.81


    11.20


    010


    0 - 14


    14


    0.46


    010a


    incl.


    0 - 12


    7 - 8


    12


    1


    5.88


    64


    011


    15 - 16


    1


    1.56


    020


    incl.


    0 - 25


    3 - 6


    25


    3


    2.93


    19.84


    021


    5 - 6


    1


    2.33


    023


    1 - 9


    8


    1.02


    025a


    3 - 13


    10


    1.12


    041


    32 - 33


    1


    1.93


    042


    incl.


    incl.


    incl.


    0 - 20


    10 - 20


    14 -19


    14 - 15


    20


    10


    5


    1


    3.04


    5.83


    10.83


    42.18


    044


    10 - 11


    1


    1.02


    046


    incl.




    8 - 14


    10 - 12


    27 - 30


    6


    2


    3


    1.41


    3.16


    1.30



    At the Unagala prospect, 4.5km north of the Igwageta Prospect, Esso in the 1980’s intersected 9.55m averaging 4.18g/t gold in UND2. A second mineralised interval in this hole yielded 8m averaging 1.70g/t gold from a depth of 68.0m.



    A number of the RC drill holes also intersected gold mineralisation, the best values being UNR4 with 2m at 1.18g/t gold and UNR13 with 2m at 1.11g/t gold.



    All drilling results are summarized in the technical report.



    Approximately 20 other prospects have been located within the property.



    The technical data in this release was prepared by or under the supervision of Robert D. McNeil, CEO of New Guinea Gold Corporation. Mr McNeil has an MSc in Geology, 44 years mining industry experience, is a Fellow of the Australian Institute of Mining and Metallurgy, and meets the requirements of NI 43-101 for a qualified person.


    On Behalf of the Board of



    To find out more about Vangold Resources Ltd. please visit our website at http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca.



    VANGOLD RESOURCES LTD.



    “Dal Brynelsen”



    Dal Brynelsen, President and CEO

  • Noch ´ne email


    NEWS RELEASE


    TECHNICAL REPORT FILED ON MT PENCK PROPERTY


    Vancouver 23rd July 2007. New Guinea Gold Corporation (NGG:TSX-V) (“NGG”) and Vangold Resources Ltd. (Van: TSX – V) (“Vangold”) (collectively the “Companies”) have recently filed on SEDAR, technical reports on four properties owned by Kanon Resources Ltd (“KRL”). KRL is currently owned 50% NGG and 50% Vangold.


    The Companies have today filed on SEDAR a final KRL technical report on key gold property, Mt Penck. Up to date technical reports have now been filed on five KRL properties and posted to Company websites (http://www.newguineagold.ca and http://www.vangold.ca).


    The companies have recently announced a corporate restructuring whereby, a separate company, Pacific Kanon Gold Corp. (“Kanon”), will acquire all the shares of Kanon Resources Limited (“KRL”), from NGG and Vangold. Further details of the restructuring including details of retained equity in and of the financing for, Kanon, are expected to be announced in the near future. The restructuring is effectively an alternate method of financing five of the properties owned by Kanon (the “Properties”) rather than issuing further shares in the parent companies.


    Bob McNeil, Chairman and CEO of NGG and Dal Byrnelsen, President and CEO of Vangold commented: “The Mt Penck property is the key property at present in the KRL and ultimately the Kanon portfolios and a major exploration program to define a NI 43-101 resource will re-commence as soon as financing arrangements are completed. We would also like to remind shareholders that very high grade gold results were recently announced in a hand dug trench in a previously relatively unexplored part of Mt Penck property. This trench, which is partly along strike of the mineralised zone returned 24m at 34g/t gold including a 3m interval which averaged 180g/t gold. Mt Penck is a very exciting property”.


    The Technical Reports were jointly prepared by Ralph Stagg, BSc. MSc. FAusIMM, MIMMM, CE, and Peter Swiridiuk BSc. (Hons), Dip Ed. MAIG, Independent Qualified Persons for the purposes of NI 43-101. The Independent Qualified Persons recommend exploration programs for the project and express the opinion that the properties are of sufficient merit to justify the proposed investment in exploration.


    SUMARY DESCRIPTION OF THE PROPERTY


    Mt Penck Gold Project (KRL 80%, NGG 20%)


    The Mt Penck property is in West New Britain Province, Papua New Guinea. It is relatively accessible being situated within a few kilometers of the north coast of New Britain. The property is owned 20% by New Guinea Gold and 80% by KRL.


    The project is summarized below:


    · Epithermal gold system within an eroded stratovolcano


    * Drilling with the objective to define a resource will recommence later in 2007.
    * Several zones of mineralisation defined, all open in most directions.
    * Drill intercepts in 2005 of 72m of 1.79g/t gold, 14m of 2.82g/t gold, 2m of 36.7g/t gold, 6m of 3.67g/t gold.
    * Bulldozer trench intercepts in 2004/05 of: 18m of 3.7g/t gold, 8m of 7.72g/t gold, 18m of 1.72g/t gold, 3m of 16.32g/t gold, and 13m of 2.65g/t gold.
    * Large areas of geochemical anomalous gold in soils define additional prospects.
    * Recent hand dug trench of 24m at 34g/t gold.


    The Mt Penck Property is the principle property of KRL and Kanon and after the proposed financing, exploration will be considerably enhanced.


    The Mt Penck hydrothermal system is located within the eroded, dissected edifice of a Plio-Pleistocene strata-volcano (Mt Penck volcano), which is defined by an irregular magnetic high with approximate dimensions of 5.0km by 3.8km, elongated north-west, south-east. The area is transected by west, northwest trending, possibly deep-seated, structures of the Kulu-Fulleborn Trend. Less prominent northwest trending structures are also present. The tenement area is underlain by a volcanic sequence consisting of andesitic to dacitic pyroclastics and lavas and epiclastic sediments. Minor calcareous mudstone is also present. The eroded spines of Mt Penck and Mt Karouk represent high-level hypabyssal intrusives of the central vent association.


    Mineralisation on the Mt Penck Property is associated with the emplacement of a presumed Plio-Pleistocene intrusive(s) into sub-volcanic levels of the Mt Penck volcano. A combination of both structure and contrasting host rock permeability appear to have controlled fluid flow in the carapace of the intrusive. Units of hornblende porphyry lava have, in response to strain, brittle-fractured forming an open stockwork receptive to haematite-quartz-gold mineralisation. By contrast, epiclastic rocks have behaved in a ductile manner, absorbing strain with little or no development of brittle fracturing. Such rocks, with their inherent primary porosity, have absorbed fluids and they commonly host pervasive argillic (illite-smectite-pyrite) alteration. With few loci for mineral deposition, epiclastic rocks are host to only weak, low grade (generally <0.5g/t gold mineralisation.


    Several gold prospects are known within an area of approximately 1.5km x 0.9km, including Kavola East-Uit Creek, Central Zone, Koibua, Peni Creek, Peni Creek South and Kavola South. The prospects are located within or peripheral to a central zone of intense phyllic alteration that is coincident with clearly defined geophysical anomalies comprising a reduced-to-the-pole aeromagnetic low and potassium radiometric high. Argillic alteration outside the main central zone is confined to linear zones that appear to be variously controlled by either north, northeast or northwest structures.


    A special study analyzing soil samples indicated the presence of white mica (mostly illite), halloysite/kaolinite, chlorite, pyrophyllite, nontronite, montmorillonite and goethite. The spectral data clearly show distinct alteration zones and confirmed the field mapped central Kavola phyllic zone. Phyllic zones are characterized by the development of white mica. Goethite also appears to map out the approximate extent of the alteration zoning being strongly developed in association with phyllic alteration, which also occurs in the southeast of the soil grid. The occurrence of pyrophyllite is proximal to the Lumui fault zone, suggesting that the fault may be a pathway for higher temperature acidic fluids.


    Sphalerite, galena and vuggy silica is locally present at Mt Penck and may indicate a porphyry-related epithermal style of mineralisation located in closer proximity to the main heat source. A mesothermal vein system would be consistent with a possible nearly underlying intrusive porphyry.


    28 diamond core holes were completed during 2006 and early 2007, which defined widespread 2g/t to 3g/t gold mineralisation at the Kavola East prospect. All results have been released in Press Releases and some of the better results were: 7m at 2.3g/t gold, 13m at 2.1g/t gold, 2m at 19.1g/t gold, 7m at 2.07g/t gold, 2m at 19.1g/t gold, 7m at 2.07g/t gold, 7m at 2.95g/t gold, 4m at 5.71g/t gold. Hole MPD22, to the west of Kavola East, intersected high grade zinc and lead (2m at 2.1g/t gold, 43g/t silver, 7.4% zinc and 4.3% lead; and 4m at 7.5g/t gold, 41g/t silver; 1.6% zinc and 0.3% lead).


    Two prospects were recently up-graded by hand trenching (see Press Release dated 21 February, 2007).


    At upper Peni Creek separate trench intersections above 0.5g/t cut off were:


    * 24m at 33.7g/t gold including 3m at 180g/t gold
    * 12m at 4.07g/t gold
    * 33m at 1.73g/t gold
    * 18m at 1.82g/t gold



    At Kavola South separate trench intersections above 0.5g/t cutoff were:


    * 30m at 4.42g/t gold
    * 48m at 4.01g/t gold
    * 24m at 2.82g/t gold
    * 12m at 1.49g/t gold


    The nearest drill hole to the Kavola South Zone is MPD038 located 160m to the east.


    With the conclusion of the financing for Kanon, exploration will be enhanced with the continuous operations of two diamond core drill rigs.


    The technical data in this release was prepared by or under the supervision of Robert D. McNeil, CEO of New Guinea Gold Corporation. Mr McNeil has an MSc in Geology, 44 years mining industry experience, is a Fellow of the Australian Institute of Mining and Metallurgy, and meets the requirements of NI 43-101 for a qualified person.


    To find out more about Vangold Resources Ltd. please visit our website at http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca.


    VANGOLD RESOURCES LTD.

    “Dal Brynelsen”


    Dal Brynelsen, President and CEO


    The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors may also affect the actual results achieved by the Company.

  • Vancouver, BC September 10, 2007


    FSC / Press Release



    PACIFIC KANON GOLD CORP. FILES PRELIMINARY PROSPECTUS


    Vancouver, British Columbia CANADA, September 10, 2007 /FSC/ - Vangold Resources Ltd. (TSX - VX: VAN), ("VAN"). The Boards of joint venture partners New Guinea Gold Corporation ("NGG") and VAN are pleased to announce that their joint venture operating company, Pacific Kanon Gold Corp. ("PKG"), filed a preliminary prospectus on August 31, 2007, in connection with its initial public offering (the "Offering"). NGG and VAN each hold half of a 90% equity interest in PKG. The Offering will be conducted through PKG's agent, Bolder Investment Partners, Ltd. (the "Agent") and will consist of a minimum of 17,500,000 units (the "Units") and up to a maximum of 25,000,000 Units at a price of $0.40 per Unit to purchasers resident in British Columbia, Alberta, Manitoba and Ontario. Each Unit is comprised of one common share (the "Shares") of PKG and one-half of a transferable share purchase warrant, a whole such warrant (a "Warrant") entitling the holder to purchase one common share (the "Warrant Shares") of PKG at a price of $0.50 per Warrant Share for a period of 12 month following the issue of the Units, subject to acceleration upon the occurrence of certain events. The Offering is subject to certain conditions, including regulatory approvals and the listing of PKG's common shares on the TSX Venture Exchange (the "TSXV"). Listing will be subject to PKG fulfilling all of the listing requirements of the TSXV. The preliminary prospectus may be viewed at http://www.sedar.com.


    PKG will use the proceeds of the Offering, following the payment of all fees and costs associated with the Offering, to fund exploration programs on five gold projects and one copper-gold project in Papua New Guinea. Under the terms of a previous share purchase agreement, PKG purchased all the shares of Kanon Resources Ltd. ("KRL"), a Papua New Guinea company holding interests in the six projects. Several of the projects are considered to be in the advanced stage of exploration, having gold and copper mineralization already defined in drill holes or trenches. The properties are referred to as Mt. Penck, Bismarck, Yup River, Fergusson, Allemata and Mt. Nakru. The Mt. Penck Property (owned 80% KRL and 20% NGG) is the most advanced exploration property and is considered PKG's material property. Upon completion of the Offering, PKG will begin an estimated $1.2 million work program on the Mt. Penck Property.


    Bob McNeil, Chairman and CEO of NGG, and Dal Byrnelsen, President and CEO of VAN, commented: "The Mt Penck property is the key property at present in the KRL portfolio, and an exploration program to define a NI 43-101 resource will re-commence as soon as financing arrangements are completed. We would also like to highlight for shareholders that very high grade gold results were recently announced in a hand dug trench in a previously relatively unexplored part of Mt Penck property. This trench, which is partly along strike of the mineralised zone returned 24m at 34g/t gold including a 3m interval which averaged 180g/t gold. Mt Penck is a very exciting property".


    To find out more about Vangold Resources Ltd. please visit our website at http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca.


    On Behalf of the Board of
    VANGOLD RESOURCES LTD.


    "Dal Brynelsen"
    Dal Brynelsen, President and CEO

  • Am 27.10.07 in einer email an mich zu lesen.



    VANGOLD RESOURCES LTD. TSX-V:VAN


    NEWS RELEASE


    PROSPECTUS FILED FOR COPPERMOLY INC. TO
    UNDERTAKE IPO IN AUSTRALIA TO RAISE AUS$20 M


    October 26, 2007 - Vancouver, BC - Vangold Resources Ltd. ("Vangold") announces that its joint venture partner, New Guinea Gold Corporation (“NGG”), has reported that it has completed the transfer of two copper concessions to a newly formed Australian company known as Coppermoly Ltd.


    Coppermoly Ltd. intends to undertake an Initial Public Offering in Australia to raise up to Aus$20 million and is expected to list on the Australian Stock Exchange late December, 2007. A prospectus has been filed with the Australian Stock Exchange (http://www.asx.com.au). Proceeds from the offering will be applied to explore three large copper/gold/molybdenum systems; Simuku, Mt. Nakru and Plesumi (part of Mt. Nakru) concessions all on the island of New Britain – each system or prospect is known to have mineralisation over at least 3 to 5 sq kms.


    The IPO for Coppermoly Ltd is sponsored by Australian Brokers, Novus Capital and South Pacific Securities and London broker VSA Resources. This prospectus has been issued for the purposes of offering up to 80,000,000 shares at AUD$0.25 each and to raise up to AUD $20 million before costs. It is expected to list on the Australian Stock Exchange (ASX) in late December 2007.


    Vangold’s interest in the Mt. Nakru project is derived from it’s 50% interest in Kanon Resources Ltd. the Papua New Guinea company which owns 50% of Mt Nakru. Therefore, pre-financing, Vangold owns 12.5% of Coppermoly Ltd. making Vangold the second largest shareholder in Coppermoly. Vangold’s President and CEO, Dal Brynelsen will be a member of the Board of Directors of Coppermoly. Mr. Brynelsen comments; “This arrangement will contribute greatly to Vangold’s balance sheet while providing the necessary exploration budget to advance these porphyry deposits.”


    NGG’s Chairman and CEO Robert McNeil who has joined the Coppermoly Board as non-executive Chairman commented: “This is a step in NGG’s ongoing strategy to develop its extensive inventory of mining properties in PNG without the necessity of shareholder dilution to the company while, at the same time, maintaining the Company’s primary focus on its gold production and gold assets, and securing shareholder and Company exposure to potential upside value as a result of further exploration efforts on these properties”.


    To find out more about Vangold Resources Ltd. please visit our website at http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca.


    On Behalf of the Board of
    VANGOLD RESOURCES LTD.


    “Dal Brynelsen”


    Dal Brynelsen, President and CEO

  • Aus kanadischen Landen frisch ins Board.


    Eine email von heute :)



    VANGOLD RESOURCES LTD. TSX-V:VAN


    NEWS RELEASE


    VANGOLD AWARDED BLOCK 3A IN KENYA


    October 29, 2007 - Vancouver, BC - Vangold Resources Ltd. ("Vangold") has signed a production sharing o (PSC) for Block 3A in the Anza Graben in the Eastern Province of Kenya, covering 12,192.12 sq. kms.


    At a signing ceremony in Nairobi, on October 16, 2007 the Honourable Minister of Energy of the Republic of Kenya, Kiraitu Murungi, and the President and CEO of Vangold, Dal Brynelsen executed the PSC on Block 3A. Mr. Brynelsen said; “Vangold has chosen Block 3A on technical merit based on a study conducted by Vangold’s technical team over the last year. This study found five prospects and one lead on Block 3A. The next phase will be to reprocess part of the seismic data with new Canadian technology to establish the detailed geometry of the prospects and to come up with the appropriate in-fill seismic programme.


    Under the terms of the PSC, in the Initial Contract Period of three years, in addition to a signing bonus of US$75,000 which has been paid, Vangold will expend a minimum of US$3,000,000 to conduct a technical study and plan to acquire 1000-line kilometer 2D seismic and 50 sq km 3D seismic. Provided these results are positive, during the third year of the Initial Exploration Period, Vangold will drill one exploratory well to a minimum total vertical depth of 3,000 meters with a minimum expenditure of US$6,000,000. A finder’s fee of 200,000 common shares of Vangold will be paid subject to regulatory approval.


    In 2006, Chinese National Oil Company (CNOOC Limited) announced that it’s subsidiary CNOOC Africa Limited signed PSCs for six blocks located in three basins in Kenya including the Anza Graben (Block 9) adjacent and to the north of Vangold’s Block 3A. In total, the CNOOC acquired a total area of 115,343 sq kms. On October 4, 2007, Lundin Kenya B.V., a wholly owned subsidiary of Lundin Petroleum signed a PSC for Block 10A which covers an area on 14,748 sq kms also in the Anza basin and adjacent to CNOOC’s Block 9. A news release dated October 5, 2007 stated: “Past exploration efforts dating back to the late 1980’s have proven the existence of excellent quality, oil-prone source rocks, good quality sandstone reservoirs, and a multitude of structural traps which remain undrilled”. Vangold intends to share technical resources and data with CNOOC and Lundin Petroleum.


    Prospectivity of Block 3A acreage include Tertiary, Cretaceous and Jurassic petroleum plays which are equivalent to the plays found in Lamu, Anza and Mochesa basins. The three basins of Lamu, Anza and Mochesa converge in Block 3 acreage. Good reservoir development has been confirmed in Bahati-1, Anza-1 and Endela-1 exploratory wells drilled in Block 3A. Potential lacustrine and marine hydrocarbons source rocks of Upper Cretaceous age have been confirmed from these exploratory wells data in Anza Graben. Hydrocarbons trapping mechanism includes tilted fault blocks, faulted anticlinal closures and stratigrahic traps.

    In the northeastern part of the Block 3A is the southwestern extension of the Mochesa basin into the block 3 acreage. Mochesa basin is a sub-basin within the Mandera-Lugh basin and has a frontier play with poor seismic coverage. Mochesa high is the basin's structural culmination that extends in to Block 3A and could be interpreted as an accommodation zone. Mochesa basin play is conceptualized as marine Jurassic carbonates and clastics with the Upper Cretaceous shales providing the effective seals across normal faults and tilted fault blocks closures. Mochesa basin prospect [Mocheas high] in Block 3 has limited data with no well control. Reconstruction of Madagascar with East Africa depicts Mochesa basin as equivalent to Majunga Basin in Madagascar where rich [TOC 11-19%] source rocks of Jurassic age have been encountered in the exploratory wells. In Majunga basin play, Lower Cretaceous sandstones units form the potential reservoirs.

    The south-eastern continuation of the Anza Graben forms part of the Block 3A acreage to the northwest. Good hydrocarbon shows have been encountered within the Cretaceous sections in the wells Ndovu, Hothori and Anza drilled in southeast part of the Anza Graben. Potential lacustrine and marine hydrocarbons source rocks of Upper Cretaceous age have been confirmed in these exploratory wells. The northwest part of Block 3A therefore, occupies the south-eastern extension of the Anza Graben, where potential evaporite seals and lacustrine/estuarine hydrocarbons source rocks of Upper Cretaceous age may exist. Traces of residual oil or Gilsonite noted in the Upper Cretaceous sandstones in Anza-1 well further emphasizes the existence of Cretaceous source rocks in Block 3A.

    Lower Tertiary good reservoir quality [10-19% porosity] fluvial-lacustrine sandstones units exist in southern Anza Graben and extend to Block 3A acreage as encountered in Endela-1, Anza-1 and Hothori-1 wells. The Tertiary play associated with Lamu basin in Block 3B has good reservoir facies in Lower Tertiary as encountered in Bahati and Wal Merer exploratory wells. The trapping is mainly structural, associated with a typical rift structural development setting. Source rocks include the Lower Tertiary Walu Shales encountered in Wal Merer [268m]. In Walu-1 well in Lamu basin, the thickness of Walu shales is approximately 2,000m.

    The gravity anomalies in Block 3A range from –20 to –50 mGals around Meri and northeast of Habaswein –80mGals. The gravity data strongly suggest that the Anza Graben continues to Block 3 acreage to the northwest. Cross sections of bouguer gravity along latitudes 0o 00, 0o30N and 1o 00N in Block 3A reveal sharp subsurface gravity variations indicating heterogeneity in physical features such as the thickness of sediments, basement depth and direction of shallowing and deepening. The bouguer gravity values ranging from -30 to -40 mGal, indicates the presence of subsurface of low-density sedimentary rocks. The increasing gravity negativity from Habasweni to Meri areas indicates the down-warping of the upper mantle in that direction and thickening of the sedimentary sections. Contouring the top of the basement shows the deepening from west [0-10km] towards the centre of graben structures in Block 3A along the west-east 0o 30N profile. A steep rise of the basement to the east of Bahati well location becomes progressively gentler and deeper towards Meri depression. The variations in basement depths suggests existence of series of approximately North–South oriented intra-basin block faults within the Block 3A acreage that have affected both basement and upper mantle. A basement gravity high separates the Endela and Meri depressions and Mochesa basement high separates the Meri depression [part of Lamu basin] from the southern margin of the Anza Graben. The Mochesa high is probably an accommodation zone with a Cretaceous-Jurassic structural culmination. The early [Karroo-Jurassic] generation of the hydrocarbons in Mochesa basin may have been trapped in the Mochesa high. Endela and Meri basin depressions have relatively thick sediments raging from Jurrasic-Cretaceous to Quaternary age Seismic data in Southern Anza Graben also confirms the continuation of the Anza Graben extensional rift structural setting in to Block 3A. However, the seismic is too widely spaced to permit detailed mapping of structural closure units. The available seismic data can only manage to image the large tilted fault blocks but with the combination of the gravity data additional high standing blocks can possibly be delineated.

    Structures
    Hydrocarbons trapping mechanism in Block 3 includes tilted fault blocks, faulted anticlinal closures and stratigrahic traps. Faulting in Block 3 was initiated in the Mesozoic and has intermittently been activated through Tertiary with structures being filled with chiefly fluvial-lacustrine and deltaic sediments. Evidence of Marine incursion into the southern margin of the Anza Graben including Block 3A acreage from Lamu Embayment include the presence of Upper Cretaceous-Tertiary deep marine facies encountered in the wells Anza-1, Duma-1 and Ndovu-1 drilled in Blocks 3A and 9 respectively

    Reservoirs
    Reservoirs in the Lower Tertiary section are expected to be porous sandstones equivalent the thick Tertiary sands penetrated in the Anza-1 well. The Anza-1 Well reservoir facies has porosities from 12-20%. In Sudan continental rift basins, Cretaceous reservoirs with porosities ranging from 20 –30% and permeability 500-5,000 millidarcies have been encountered in some wells. Prospective sandstone reservoirs having similar porosities are expected to be present in the Lower Tertiary and Cretaceous sections in Block 3A. Analogies may be drawn to the Gulf of Suez, where the rift in-fill sediments include porous reservoir quality sandstones, both beneath and within the evaporite sequence such as found in the El Morgan field.

    Jurassic Carbonate and deeper Karroo sandstones sections could also provide additional reservoir objectives when found on highstanding tilted fault blocks in Mochesa High. Several horizons of Jurassic oolitic grainstones with moldic porosity have been mapped in southern margin of the Anza Graben and Mandera-Lugh Basin. Similar porous Jurassic carbonates should provide an attractive exploration objective where located in the subsurface such as interpreted on the seismic line K75-6 in Block 3A.

    Source Rocks
    Geological conceptual model recognizes that lacustrine oil prone source rocks are likely to have been deposited in the deeper part of the Anza basin extending in to Block 3A. Rich, organic shales are expected to have accumulated in the lakes and shallow marine estuary environments in which evaporites were probably deposited at later stages. It is interesting to note that there were no significant source rocks encountered in Anza-1 and Bahati-1 exploratory wells. The reason being the two wells were drilled on a Cretaceous high along the margin of the restricted Anza rift Graben located in the northwest area of block 3A. The geologic conceptual model suggests oil prone source rocks concentrate in the deeper basin and would not be expected to occur along the basin margin where the two wells were drilled. Endela -1 well was drilled closer to the actual basin depression but unfortunately the well was terminated at 2,800m before reaching the prospective Cretaceous section.

    Prospectivity
    Bahati prospect in Block 3A was matured for drilling to test the Lower Cretaceous fluvial-lacustrine sandstones sourced by intra depositional lacustrine claystones. The cap rock being the shales of Upper Cretaceous. The Bahati-1 well penetrated an interval in the Lower Tertiary of fair source rocks at 2410-2510m. Though immature in Bahati-1 well, these potential source rocks could have been mature in the deeper part of the Lamu Basin or in other parts of Block 3A. The well terminated at 3,420m in the Lower Tertiary-Upper Cretaceous and failed to test the prospectivity of the Cretaceous section.

    Available Geophysical Data
    • Chevron shot 3,437 line km of seismic in Blocks 3 and 2 [SEG –B] 1,967 line km in Block 3
    • Amoco shot 50 line-km of seismic in the current Block 2 -[SEG Y]
    • Gravity and magnetic data available

    Wells drilled
    • Anza, Endela, Bahati, & Meri [stratigrahic well]
    • Deep wells close to the Blocks 3B Walmerer-1 and 3A Hothori-1

    Others
    • Geological and Landsat data interpretation available


    To find out more about Vangold Resources Ltd. please visit our website at http://www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca.


    On Behalf of the Board of
    VANGOLD RESOURCES LTD.


    “Dal Brynelsen”


    Dal Brynelsen, President and CEO

  • VANGOLD ANNOUNCES PRIVATE PLACEMENT
    November 2, 2007, Vancouver, British Columbia – Vangold Resources Ltd. (“Vangold”)
    announces that it has agreed to a private placement of its securities consisting of the sale of up to
    6,000,000 units at a price of $0.50 per unit. Each unit will consist of one share and one nontransferable share purchase warrant exercisable for a period of one year at a price of $0.60 per share purchase warrant. The proceeds of the private placement will be used to continue the various work programs in for the exploration, development of Vangold’s oil and gas projects in Canada, Armenia, Rwanda and Kenya and mineral exploration in Uganda and Papua New Guinea. The private placement is subject to approval by the TSX Venture Exchange. A Finder’s Fee not to exceed TSX Venture Exchange guidelines, is payable on a portion of the proceeds of the private placement.


    A majority of the units will be acquired by Firebird Global Master Fund Ltd. (“Firebird”) Vangold’s largest shareholder. Firebird is affiliated with New York based Firebird Management LLC, which manages over US$2 billion in seven funds, with a particular focus on the former Soviet Union and other emerging markets. Firebird is also Vangold’s 49% partner in Horn Rare Metals Ltd (“Horn”). Horn controls a 90% interest in seven beryllium mines located in Uganda and has the rights to hold a 100% interest in two beryllium mines located in Brazil. Horn is currently undertaking a proposed business combination with Janina Resources Limited (“Janina”) which has filed with the TSX Venture Exchange for initial comments on a draft preliminary filing statement (See News Release November 1, 2007). Upon completion of the
    proposed business combination, Janina will change its name to International Beryllium Corp.


    To find out more about Vangold Resources Ltd. please visit our website or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca or visit our website at http://www.vangold.ca .


    n Behalf of the Board of
    VANGOLD RESOURCES LTD.
    “Dal Brynelsen”
    Dal Brynelsen, President and CEO
    The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

  • Das kam heute per email:



    Dear Investors;

    Please find enclosed Vangolds latest news release in regards to an amendment to the previously announced Private Placement. The increase to the amount of financing is the result of genuine expressions of interest from loyal shareholders and prospective investors. The news was released after the market closed on Friday Nov 23, 2007. The Subscription Agreements will be delivered to the prospective investors shortly.

    Watch for further news on our subsidiaries going public. CopperMoly is in the process of raising funds through an IPO on the Australian Exchange (projects include Mt Nakru and Simuku, PNG). The IPO price is $.25 Australian and includes a loyalty warrant priced at $.30 Australian. The book opened November 12th and closes on or about Dec 7, 2007. Investor Relations ("IR") understands Vangold and its partner will receive shares >from CopperMoly, and the said shares will be booked on Vangolds' balance sheet.

    Previously, Vangold filed a Draft IPO with the TSX Venture Exchange on Pacific Kanon Gold Corps' proposed IPO (projects include Mt Penck, Bismark, Yup River, Mt Allemata, Fergusson Island and not Feni Islands Papua New Guinea, and can be viewed on http://www.sedar.com). The tentative IPO price is set at $.40 Cdn with one warrant at $.50. The transaction is subject to the TSX Venture Exchanges approval of the same. Further information is not available at this time.

    Another subsidiary Horn Rare Metals is in the process of completing it's reverse take over of Janina Resources Ltd (JAN-V:TSX), and we anticipate the amalgamation of those entities to occur shortly (projects include 7 past producing artisan Beryllium mines in Uganda, and 2 in South America). Janina resumed trading on October 30, 2007 and closed Friday at $.74 per share Cdn. Earlier in 2007, Janina raised approximately $11 M Cdn. Upon conclusion of the transaction, Vangold receives 51% of 50 M shares (25.5 M) and Firebird Management receives 49% or 24.5 M shares from Janina. The 25.5 M shares will be booked as an Investment on Vangolds balance sheet. The value of the shares (25.5 M) are quantifiable by following the share price of Janina. We also anticipate a name change to International Beryllium Corporation and a new trading symbol. Vangolds Asset Base increases on conclusion of this transaction.

    So you have it, 2 subsidiaries of Vangold (CopperMoly and Pacific Kanon), are in the process of raising funds for their proposed IPOs subject to the appropiate Exchanges approval, and Janina previously raised funds independent of Vangold. Each entity should be self financed and have their own drill and work programs. All shares Vangold receives from it's subsidiares will be booked as an Investment on Vangolds Balance Sheet.

    The aforesaid information is available on our website: Here is a link for your ease of reference: http://investors.vangold.ca/ne…p?ticker=V.VAN&title=null

    Watch for further news in regards to extensive portfolio of projects. There is alot of interest in our Kenya, Rwanda, and Aremenian Oil Concessions, and our mineral properties in Africa, Papua New Guinea, and elsewhere.

    For further information, please contact Vangold or Investor Relations.

    Robin Moriarty, BSc
    Investor Relations for Vangold Resources Ltd (VAN-V:TSX)
    Toll Free in North America 1 877 361 0002
    Cell 1 778 899 1583
    Email: rmoriarty@telus.net

    Cc: Maria Da Silva, Market Smart Communications 1 877 261 4466


    PS: If you received this email in error, forgot you subscribed, or are no longer interested in Vangold, please use the link remove@vangold.ca and your name will be deleted. If you signed up on the website, you might receive the press release from our system, and a second one from Investor Relations. Comments made by Investor Relations are not news releases, they are made to clarify questions from shareholders. We hope we clarify your questions. Investor Relations thanks all shareholders who have provided us with insight on their share ownership in Vangold, thus you might want to let us know your positions in Janina Resources Ltd too. Prior to the aforesaid financing, retail owned approximately 55 M shares and the balance is owned by insiders, Institutions, various brokerage firms, and Hedge Funds. Year to Date Share volume has exceeded 2006 year end volume. Volume thru Nov 24, 2007 on the TSX is presently at 40,859,633 surpassing 2006 volume of 40,401,628.
    ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




    VANGOLD RESOURCES LTD. TSX-V:VAN




    NEWS RELEASE




    VANGOLD ANNOUNCES PRIVATE PLACEMENT INCREASE




    November 23, 2007, Vancouver, British Columbia – Vangold Resources Ltd. (“Vangold”) announces that due to the level of interest from potential investors, the previously announced private placement (See News Release of November 2, 2007) consisting of the sale of up to 6,000,000 units at a price of $0.50 per unit, the private placement will be increased to 9,000,000 units at a price of $0.50 per unit. Each unit will consist of one share and one non-transferable share purchase warrant exercisable for a period of one year at a price of $0.60 per share purchase warrant.



    The proceeds of the private placement will be used to continue the various work programs for the exploration and development of Vangold’s oil and gas projects in Canada, Armenia, Rwanda and Kenya and mineral exploration in Uganda and Papua New Guinea. The private placement is subject to approval by the TSX Venture Exchange. A Finder’s Fee not to exceed TSX Venture Exchange guidelines, will be payable on a portion of the proceeds of the private placement.



    To find out more about Vangold Resources Ltd. please visit our website or contact Dal Brynelsen at 604-684-1974 or by email brynelsen@vangold.ca or visit our website at http://www.vangold.ca .




    On Behalf of the Board of


    VANGOLD RESOURCES LTD.



    “Dal Brynelsen”



    Dal Brynelsen, President and CEO



    The TSX Venture Exchange has not reviewed and does not accept responsibility


    for the adequacy or accuracy of the content of this news release.

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