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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (36527)5/4/2009 9:52:19 PM
From: LoneClone  Read Replies (1) of 194541
 
INSERTING and REPLACING Coppermoly Limited Announces Inferred Mineral Resource for the Simuku Copper Project
Mon May 4, 6:22 PM

ca.news.finance.yahoo.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Insert after second graph of release: Coppermoly News Releases are available at www.coppemoly.com.au.

The corrected release reads:

COPPERMOLY LIMITED ANNOUNCES INFERRED MINERAL RESOURCE FOR THE SIMUKU COPPER PROJECT

Vangold Resources Ltd ("Vangold”) and it’s joint venture partner, New Guinea Gold Corporation (“NGG”) are pleased to announce that Coppermoly Limited an Australian Listed Company has released an Inferred Mineral Resource Statement for the Simuku Copper Project.

Vangold holdings include directly 2,288,700 shares in Coppermoly and a further 5,263,158 shares indirectly through it’s 50% shareholding of Pacific Kanon Gold Corp.

Coppermoly News Releases are available at www.coppemoly.com.au.

The Simuku Project provides an excellent opportunity for participation in a porphyry copper system with high molybdenum credits in a relatively accessible and lower cost region of Papua New Guinea.

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

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Venture Exchange) accepts responsibility for the adequacy or accuracy of this 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.

Vangold Resources Ltd
Dal Brynelsen, 604-684-1974
brynelsen@vangold.ca
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