ValGold Grants Stock Options

ValGold Resources Ltd. ("ValGold" or the "Company") (TSX
VENTURE:VAL)(FRANKFURT:VR2) has granted an aggregate of 1,465,000 incentive
stock options to directors, officers, employees and consultants of the Company.
These options will be exercisable over a five-year period expiring September 24,
2017, at a price of $0.125 per share, being approximately 25% greater than the
closing price of the Company's shares on the TSX Venture Exchange on the
effective date of September 21, 2012. The stock options were issued in
accordance with the Company's stock option plan approved by the Company's
shareholders on June 19, 2012. 


ABOUT VALGOLD

Incorporated in 1987, ValGold is listed on Tier 1 of the TSX Venture Exchange
under the symbol VAL. ValGold is an international mineral development company
based in Vancouver, Canada. The Company's objective is to generate wealth for
its stakeholders by seeking out, acquiring and advancing properties with
recognizable but under-explored mineral resources.


ValGold's commitment is to realize value from significant mineral deposits which
satisfy key criteria - 




--  Mineral rights to extensive areas in prospective but non-traditional and
    under-explored regions. 
--  Mineral exploration projects with potential for substantial development.
--  Projects that require experienced management with exploration, mining
    and financial expertise. 



For more information on ValGold's Canadian and international gold projects,
please visit our website at www.valgold.com.


Stephen J. Wilkinson, President & Chief Executive Officer

Cindy Chu, Investor Relations

This news release includes "forward-looking information". All statements in this
release, other than statements of historical facts, that address the private
placement or mineral exploration programs contain forward-looking information
and are based on a number of assumptions, including, but not limited to, that
there will not be substantial changes to market conditions, regulatory
requirements or costs associated with mineral exploration. Although the Company
believes the expectations expressed in such forward-looking information are
based on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially from those
in the forward-looking information. Factors that could cause actual results to
differ materially from those in forward-looking information include changes the
price of the company's shares, the costs of labor, equipment and other costs
associated with exploration, exploration successes, continued availability of
capital and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of future
performance and actual results or developments may differ materially from those
projected in the forward-looking statements.


SEC 12g3-2(b): 82-3339