Vangold Resources Ltd.: James Passin Resigns

Vangold Resources Ltd. (TSX VENTURE:VAN)(FRANKFURT:VAQ) ("Vangold" or the
"Company") announces that Mr. James Passin has tendered his resignation as a
director of the Company to focus his efforts on Vanoil Energy Ltd. (TSX
VENTURE:VEL) ("Vanoil"), the oil and gas company which was spun out of Vangold.
The Board of the Company wishes to thank Mr. Passin for his years of service,
and wishes him the best in his future endeavours.


Dal Brynelsen, President of Vangold commented, "I would like to thank James
Passin for his great contributions to Vangold over his term as Director. These
achievements include the creation of IBC Advanced Alloys and Vanoil Energy Ltd.
I believe James will bring fresh energy and direction to Vanoil and this will
allow me to focus all my attention on Vangold. I wish him all the best in this
new endevour."


About Vangold Resources Ltd. In Papua New Guinea, Vangold has three advanced
gold properties, the Mt. Penck, Fergusson and Allemata properties. The
properties are located along the "Pacific Rim of Fire", the active
circum-Pacific volcanic belt that is host to large copper-gold porphyry systems
(Grasberg, Ok Tedi, Panguna and Frieda River) and to a number of world class
epithermal gold deposits, including the multi-million ounce deposits at
Barrick's Porgera and Newcrest Mining's Lihir gold mines. Headquartered in
Vancouver, Canada, Vangold holds a diversified portfolio of mineral projects in
North America, Papua New Guinea and Uganda, as well as oil and gas concessions
in Armenia. In addition, Vangold holds a significant stake in Coppermoly
Limited, an Australian listed security (ASX:COY). Vangold's shares are listed on
the Toronto Venture Stock Exchange under the symbol VAN and on the Frankfurt
Stock Exchange under the symbol VAQ.


To find out more about Vangold please visit our website at www.vangold.ca. 

On Behalf of the Board of VANGOLD RESOURCES LTD.

Dal Brynelsen, President and CEO

Disclaimer for Forward-Looking Information

The information contained herein has been obtained from the above featured
company as well as the other publicly available sources and is believed to be
accurate. Although reasonable efforts have been made to compile this data with
care, neither Vangold, its employees, officers or directors guarantees the
accuracy or completeness thereof, nor shall any of them be liable to the user or
to any other person, firm or corporation whatsoever for any inaccuracies, errors
or omissions contained herein nor for any damages arising there from or
occasioned thereby.


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.