Vangold Announces Change to Board and Senior Management. John Robins, Michael Cooney and Bruce Counts Appointed

Vangold Resources Ltd. ("Vangold" or the "Company") (TSX
VENTURE:VAL)(FRANKFURT:VR2) is pleased to announce that John Robins has been
appointed as Chairman of the Board and Bruce Counts has been appointed as
President and a member of the Board. In addition, Michael Cooney has been
appointed to the Board.


In conjunction with these appointments the Company has agreed to complete a
private placement of 3,525,000 units of the Company at $0.115 per unit. Each
unit consists of a share and one half of a one-year share purchase warrant
entitling the holder to purchase an additional share at $0.25 per share.


Vangold has a 95% interest in three highly prospective gold properties in Papua
New Guinea: Allemata, Fergusson, and Mt. Penck. The presence of gold has been
drill confirmed on each of the projects and planning for the 2013 drill programs
are underway.


Dal Brynelsen, who remains as Chief Executive Officer, stated, "I am absolutely
delighted to have gentlemen of this calibre, experience, and expertise assume
senior positions with the Company. We are looking forward to continuing with
exploration and development of Vangold's gold projects in Papua New Guinea. I am
confident that Bruce's past experience with the culture and customs of Papua New
Guinea, along with the technical and management expertise of both John and
Bruce, will be a true game-changer for the Company."


"I am pleased to join Vangold's management team," commented Bruce Counts. "The
Projects assembled in the Company's portfolio are exciting and I am eager to
contribute to their advancement."


John Robins

Mr. Robins is a Professional Geologist based in Vancouver, BC, with over 25
years of experience as an independent mineral explorer and entrepreneur. A 1984
graduate of the University of British Columbia with a Bachelor of Science in
Geology, Mr. Robins initially worked as a self-employed prospector and geologist
in BC and Northern Canada. In 1988, he founded Hunter Exploration Group, one of
Canada's most successful private exploration companies. Mr. Robins has also been
active in starting several successful public exploration and development
companies culminating in 2011 when he founded the Aurora Mineral Resource Group.
His experience in everything from grass roots exploration to production is
complemented by his success in the capital markets and financing activities. Mr.
Robins sits on the Boards of several successful publicly traded exploration
companies including Kaminak Gold Corporation, Kivalliq.


Bruce Counts

Bruce Counts has been involved in the mineral exploration industry for more than
25 years. Between 1992 and 1997 he was employed by BHP Minerals Canada Ltd. and
was an integral member of the team responsible for the discovery and development
of the Ekati Diamond Mine(TM). In 1997 Bruce joined Dia Met Minerals Ltd. and
was senior consultant on their international portfolio of projects until the
sale of the company in 2001. Following this, Bruce consulted to junior
exploration companies until 2004, when he became President and CEO of Bluestone
Resources Inc. Bruce is also founder and Director of West Melville Metals Inc.
Bruce holds a degree in Geological Engineering from the University of British
Columbia and is a Professional Geophysicist.


In addition to his experience in mineral exploration, Bruce also has a unique
background in Papua New Guinea having lived and spent significant amounts of
time in there over a 35 year period while his parents conducted anthropological
research. As such he is very familiar with all aspects of Papua New Guinea life,
culture, customs and government and retains a number of active contacts in that
country.


Michael Cooney

Mr. Cooney has been Chairman of NEMI Northern Energy & Mining Inc. since March
2009 after successfully leading a proxy contest at NEMI's 2009 Annual General
Meeting and CEO since May 2010. Prior to that, he was a private investor who
worked for 15 years as an independent market maker on both the Pacific Options
Exchange in San Francisco and the Chicago Board Options Exchange. He holds a BSc
in Mechanical Engineering from University of Michigan and a BA in Physics from
Kalamazoo College in Michigan.


In order to accommodate the new appointments, Michael Mackey has resigned as a
director but will remain as a consultant to the Board. We thank him tremendously
for his many years of service. Douglas Hutchison P.Geo has resigned from the
Board of Vangold. Doug will become a director and officer of the wholly owned
operating subsidiary in Papua New Guinea, Vangold (PNG) Ltd. He will remain as
an active member of the team advancing the company's projects in Papua New
Guinea.


On Behalf of the Board of VANGOLD RESOURCES LTD.

Dal Brynelsen, CEO

Disclaimer for Forward-Looking Information

Statements containing forward-looking information express, as at the date of
this news release, the Company's plans, estimates, forecasts, projections,
expectations, or beliefs as to future events or results and are believed to be
reasonable based on information currently available to the Company.


Forward-looking statements and information are based on assumptions that
financing and personnel will be available when required and on reasonable terms,
and all necessary regulatory approvals and shareholder approval will be
obtained, none of which are assured and are subject to a number of other risks
and uncertainties.


There can be no assurance that forward-looking statements will prove to be
accurate. Actual results and future events could differ materially from those
anticipated in such statements. Readers should not place undue reliance on
forward-looking information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Vangold Resources Ltd.
Dal Brynelsen
CEO
604-684-1974
604-685-5970 (FAX)
www.vangold.ca