New Guinea Exploration Update
March 03 2009 - 4:49PM
Marketwired
Vangold Resources Ltd ("Vangold") (TSX-V: VAN) and its joint
venture partner, New Guinea Gold Corporation ("NGG") are pleased to
announce plans for additional exploration on some of its key
projects:
* At Mt Penck (NGG 50, Vangold 50%) 1500 metres of drilling is
planned commencing in April, with results available by June. Mt
Penck is an eroded strata-volcano with gold mineralization
associated with an intrusive complex. More than 80 holes and 6000
metres have been completed.
* Allemata (NGG 50, Vangold 50%) up to 1000 metres of drilling
is planned, beginning in April. Two gold prospects lie within this
historic goldfield. To date, 17 holes totalling over 2000 meters
plus 2 km's of bulldozer trenches have been completed.
* Detailed geological summaries of Mt Penck and Allemata are
being prepared for release.
To find out more about Vangold Resources Ltd. please visit our
website at 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
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.
Suite 1730, 650 West Georgia Street, PO Box 11622, Vancouver,
BC, V6B 4N9
Phone: 604-684-1974 Fax: 604-685-5970 www.vangold.ca
Distributed by Filing Services Canada and retransmitted by
Marketwire
Contact: Dal Brynelsen 604-684-1974 Email Contact
www.vangold.ca
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